January 7, 2013

Beijing's Autocrats Can't Master Markets

Gordon Chang, Forbes

AP Photo

Star fund managers in Asia missed benchmarks last year, partly because their bets on China soured.  Mark Mobius of Franklin Templeton and Anthony Bolton of Fidelity did not have their normal stellar years.  Neither did Cheah Cheng-hye of Value Partners.


It’s no mystery why giants stumbled.  The closely watched Shanghai Composite underperformed in 2012, up only 3.2% for the year.  If it were not for a “remarkable comeback”—the index jumped 15.8% from December 3 to the last trading day of that month—the Shanghai Composite would have recorded its third-straight year in the red, and the “Warren Buffetts of the East” would have produced even worse results.


The issue now is whether China’s markets will build upon December’s...

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January 16, 2013
In China, Slowdown Bigger Danger than Growth
Peter Orszag, Bloomberg
A slight acceleration in Chinese economic growth at the end of last year is reinforcing the common narrative that China’s expansion is a threat to other nations, including the U.S. The bigger danger over the medium term,... more ››
January 16, 2013
Why China Loves Apple
Jeongwen Chiang, CNN
Chinese consumers love electronic gadgets. Mobile phones are ubiquitous. Apple is doing incredibly well because its products are so much more attractive and pricy. The iPhone quickly become a status symbol product in Chinese... more ››
January 16, 2013
Chinese Media Test Their Limits
Japan Times
Recent protest, including strikes by some reporters, against Chinese authorities' heavy censorship of new year articles by the Southern Weekly, a Guangdong newspaper known for its hard-hitting investigations, points to Chinese... more ››
  China is choking; thick smog has engulfed major cities on the country's eastern coast including Beijing since 11 January 2013 and it looks unlikely to clear up soon. The US Embassy in Beijing operates an Air Quality Index... more ››