Cash crop in China
Article Abstract:
Chinese traders have taken an aggressive approach towards acquiring foreign government securities, particularly US treasury bonds, as the country enjoys incremental trade surplus rates and huge foreign reserves. Since 1996, China has benefitted from high foreign investments and limited domestic spending, achieving a current-account surplus of $67 billion during the same year. These investments have not only made the US housing markets volatile, but have kept its interest rates from rising.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Some fund managers see Taiwan crisis as an opportunity for bargain-hunting
Article Abstract:
Many investors are seeking opportunities in the China-Taiwan dispute. They believe that the political tensions between the two countries will quickly dissipate after the presidential elections and in place would be an environment suitable for business. They predict stocks to increase sharply once the two countries end their differences. Although extremely optimistic, these investors are also cautious and believe in waiting for the right timing to sink their money into the stock markets.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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