China – Page 2 – QuantumTom

Whoops – China taps more Saudi crude than US

Saudi Arabia’s oil exports to the US last year sank below 1m barrels a day for the first time in two decades just as China’s purchases climbed above that level, highlighting a shift in the geopolitics of oil from west to east. via FT.com / Global Economy – China taps more Saudi crude than US.

Chinese 8.6 Quake or Weapons Test?

We don’t know what happened yesterday, but two seismic monitoring stations some 1300 miles apart both reported an 8.6 earthquake in China. Maybe it was a weapons test. via Did An 8.6 Quake Hit China?.

China Chokes Credit while EUR plummets | OANDA Forex Blog

Below its 200-day moving average the EUR has breached the floodgates. To what or to where is the million dollar question. The fear that Greece’s budget deficit woes cannot be contained and possibly filter throughout the region has unnerved investors and increased risk aversion actions. The US sub-prime debacle started this way, small, ballooned andContinue reading “China Chokes Credit while EUR plummets | OANDA Forex Blog”

Markets brace for reports on China’s economy | Money & Company | Los Angeles Times

China, which roiled global markets early today after signaling another move to tighten bank lending, will be center stage again tonight with a slew of economic data. The question is whether the numbers will be so strong that the government will feel compelled to take additional steps to brake the economy and deflate potential asset bubbles.Continue reading “Markets brace for reports on China’s economy | Money & Company | Los Angeles Times”

Google China’s New Take on ‘Tiananmen Massacre’ – Google – Gawker

Google announced it will stop filtering its China search engine — or shut the site. And already, once-suppressed results are showing up on Google.cn (see screenshot; top is current, bottom from June). That’s the good news. The bad news? Google says it hasn't actually done anything yet. A spokesperson told the Daily Telegraph's Shanghai correspondentContinue reading “Google China’s New Take on ‘Tiananmen Massacre’ – Google – Gawker”