S&P Downgrade of U.S. Puts Pressure on China to Spur Domestic Consumption – WSJ.com<\/a>.<\/p>\n…….. or remove the peg to the US dollar. Either action would be painful. (CT)<\/p>\n","protected":false},"excerpt":{"rendered":"
Mr. Zhao said that if China keeps running a trade surplus, which amounted to $22.3 billion in June based on the latest official data, it would have little choice but to keep buying U.S. Treasurys. via S&P Downgrade of U.S. Puts Pressure on China to Spur Domestic Consumption – WSJ.com. …….. or remove the peg … <\/p>\n
Continue reading “China’s Conundrum”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-143","post","type-post","status-publish","format-standard","hentry","category-china-hk"],"yoast_head":"\nChina's Conundrum - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China's Conundrum - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Mr. Zhao said that if China keeps running a trade surplus, which amounted to $22.3 billion in June based on the latest official data, it would have little choice but to keep buying U.S. Treasurys. via S&P Downgrade of U.S. Puts Pressure on China to Spur Domestic Consumption – WSJ.com. …….. or remove the peg … Continue reading "China’s Conundrum"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/chinas-conundrum\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-08-10T02:26:01+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/chinas-conundrum\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/chinas-conundrum\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"China’s Conundrum\",\"datePublished\":\"2011-08-10T02:26:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/chinas-conundrum\/\"},\"wordCount\":70,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"articleSection\":[\"China & HK\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/chinas-conundrum\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/chinas-conundrum\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/chinas-conundrum\/\",\"name\":\"China's Conundrum - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2011-08-10T02:26:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/chinas-conundrum\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/chinas-conundrum\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/chinas-conundrum\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"China’s Conundrum\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Although the exchange rate isn\u2019t actually pegged (the Chinese currency has appreciated at a rate of about 2 percent per year against the dollar over\u2026","rel":"","context":"In "Stock Markets"","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2357,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/26\/hormats-argues-for-competitive-neutrality-between-u-s-china-firms-china-real-time-report-wsj\/","url_meta":{"origin":143,"position":1},"title":"Hormats Argues for ‘Competitive Neutrality’ Between U.S., China Firms – China Real Time Report – WSJ","author":"ColinTwiggs","date":"November 26, 2011","format":false,"excerpt":"U.S. Undersecretary of State Robert Hormats: \"What I am saying quite simply is that the U.S. is not passing judgment on whether or not China chooses to have state owned enterprises. Our concern is that to the extent they do, those SOEs should not receive benefits (e.g., preferred financing, exemption\u2026","rel":"","context":"In "China & HK"","block_context":{"text":"China & HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1442,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/21\/chart-of-the-day-chinas-u-s-debt-holdings-credit-writedowns\/","url_meta":{"origin":143,"position":2},"title":"China\u2019s U.S. Debt Holdings","author":"ColinTwiggs","date":"October 21, 2011","format":false,"excerpt":"According to China Daily, China owns $1.13 trillion of US debt. China has $3.20 trillion in foreign exchange reserves. via Chart of the day: China\u2019s U.S. Debt Holdings | Credit Writedowns. The key statistic here is the $36.5 billion decline in August which dwarfs previous monthly changes. No wonder the\u2026","rel":"","context":"In "China & HK"","block_context":{"text":"China & HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6282,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/27\/economonitor-the-u-s-is-sliding-down-an-investment-slope\/","url_meta":{"origin":143,"position":3},"title":"EconoMonitor \u00bb The U.S. is sliding down an investment slope","author":"Colin Twiggs","date":"November 27, 2012","format":false,"excerpt":"Thomas Grennes & Andris Strazds highlight the contraction in US private investment since the GFC: Recent evidence.......suggests that while U.S. GDP growth has surpassed its pre-crisis level, investment has been declining. A comparison with China would not be appropriate due to differences in growth rates and the level of economic\u2026","rel":"","context":"In "China & HK"","block_context":{"text":"China & HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4522,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/31\/economonitor-u-s-china-trade-war-in-the-offing\/","url_meta":{"origin":143,"position":4},"title":"EconoMonitor \u00bb U.S.-China Trade War in the Offing?","author":"Colin Twiggs","date":"May 31, 2012","format":false,"excerpt":"China wants to develop what it sees as key industries by giving Chinese companies a leg up in both the Chinese and global market. Its trading partners don\u2019t want to see their firms placed at a disadvantage, and in several cases have challenged Chinese policies. China is challenging them right\u2026","rel":"","context":"In "China & HK"","block_context":{"text":"China & HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10201,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/07\/01\/economonitor-china-not-piketty-explains-confused-signals-in-u-s-asset-prices\/","url_meta":{"origin":143,"position":5},"title":"EconoMonitor \u00bb China, Not Piketty, Explains \u2018Confused Signals\u2019 in U.S. Asset Prices","author":"ColinTwiggs","date":"July 1, 2014","format":false,"excerpt":"From Benn Steil & Dinah Walker: As for bond prices, China\u2019s central bank holds the key.After more than three years of steady appreciation, the RMB has declined over 3% this year \u2013 erasing the past year\u2019s rise. Driven by the Chinese government\u2019s desire to re-juice failing economic growth, RMB depreciation\u2026","rel":"","context":"In "China & HK"","block_context":{"text":"China & HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=143"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/143\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}