Posts Tagged ‘China’
Max Keiser on Gaza and the Financial Holocaust pt 2/2
Max Keiser on Gaza and the Financial Holocaust pt 2/2
Duration : 0:5:46
Max Keiser on The Financial Armaggedon
Max Keiser on The Financial Armaggedon
Max Keiser Expect a New French Revolution
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Duration : 0:8:34
Jing Ulrich Discusses China’s Yuan, Investment Strategy: Video
Feb. 23 (Bloomberg) — Jing Ulrich, chairwoman of China equities and commodities at JPMorgan Chase & Co., talks with Bloomberg’s Michael McKee about the outlook for the Chinese yuan.
Ulrich, speaking from Hong Kong, also discusses investment strategy for China. (This report is an excerpt. Source: Bloomberg)
Duration : 0:2:12
Jim Rogers World Adventure Traveler on China, Globalization, the USA and Dubai 2007
Dubai, China, the United States and globalization from the man who may know it best, Jim Rogers.
Called “The Indiana Jones of finance” by Time Magazine, Jim Rogers is one of the best global experts of our day.
A conversation with legendary investor, adventurer and more… traveler Jim Rogers. Mr. Rogers and George Soros were co-founders of the famous Quantum Fund, one of the most successful hedge funds of all time.
Mr. Rogers’s extraordinary track record and insights alone set him apart from so many peers but perhaps most interesting is his take on the global economy. Mr. Rogers has traveled around the world twice, most recently on an ambitious 152,000 miles journey to over 115 countries. This trip earned him and his wife Paige Parker Rogers a spot in the Guinness Book of World Records.
Mr. Rogers was called “the Indiana Jones of finance” by Time Magazine and recently has focused on commodities and investments in China.
Jim Rogers is founder of the Rogers Commodity Index and a regular guest on CNBC and other programs. Jim Rogers is the author of Hot Commodities, A Bull in China, Investment Biker and Adventure Capitalist.
In this video interview Jim Rogers discusses his thoughts on American isolationism,. Dubai, Abu Dhabi and the Middle East, Africa, Asia, commodities and our changing world.
“If the middle of Africa blew up, we’d never know about it in the US. The rest of the world might, but we wouldnt.”
“Most Americans can point to Japan on a map, they cant tell you where it is or why they should know or why its important.”
“Dubai is working to become the best at everything.”
He is interviewed here by Bruce Fenton, editor of the Fenton Report online wealth management magazine.
connect w/ me on facebook http://www.facebook.com/bruce.fenton.page
Duration : 0:4:29
China encourages Silver Bullion for investment
China has introduced its first-ever investment opportunity for silver bullion. The bars are available in 500 grams, 1 kilogram, 2 kilograms and 5 kilograms with a purity of 99.9 percent.
Duration : 0:0:59
Economic Apocalypse : China is the next Financial Bubble
http://www.uscollapse.tk Peter Schiff Economic Apocalypse China Bubble bust Glenn Beck Dollar Collapse Hyper Inflation Gold jim rogers marc faber max keiser gerald celente Economic Crisis Bailout Obama Austrian Ron Paul Bernanke Paulson Federal Reserve Wall Street GM Ford Chrysler Financial Stimulus Shiff Shciff AIG Lehman Brothers
Duration : 0:3:41
China Investments In Taiwan Companies – Bloomberg
Taiwan’s decision to allow investment from China may start a lot of deals to come. (The Bloomberg Edge)
Duration : 0:2:40
Financial WAR w/ China?!?! Dollar Collapse & Gold’s Future
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A report that Chinese state-owned companies will be allowed to walk away from loss-making commodity derivative trades provoked anger and dismay among investment bankers on Monday as they feared it may set a damaging precedent.
The State-owned Assets Supervision and Administration Commission, the regulator and nominal shareholder for state-owned enterprises (SOEs), told six foreign banks that SOEs reserved the right to default on contracts, Caijing magazine quoted an unnamed industry source as saying in an article published on Saturday.
While the details of the report could not be confirmed, it was Monday’s hot topic in financial circles from Shanghai to Singapore as commodity marketers feared that companies holding underwater price hedges could simply renege on the deals, costing banks millions of dollars in profit.
The warning from SASAC follows a series of measures from Beijing this year to crack down on the sale of derivative products by foreign banks to Chinese enterprises, principally big consumers, who bought protection against higher prices last year only to watch the market collapse — leaving them with losses.
While many companies including top airlines have come clean on the losses, some analysts fear another wave may follow.
“I wouldn’t be surprised if more state firms emerge with big derivatives trading losses, otherwise SASAC wouldn’t come out with such a radical move,” said a Hong Kong-based derivatives analyst, who like most other industry officials and bankers declined to be named due to the high sensitivity of the issue.
A SASAC media official said on Monday that he was waiting for the “relevant department’s” official comment before he can clarify to media. A government official said that the Bureau of Financial Supervision and Evaluation under SASAC was handling the issue. The official declined to be named and did not elaborate.
Spokespersons at Goldman Sachs and UBS declined comment, and media officials at Morgan Stanley and JPMorgan were not immediately available for comment. All are major global providers of commodity risk management.
No bank were named in the Caijing report. The SASAC media officer also declined to identify any specific banks.
“It’s a handful of companies who are being encouraged by regulators to re-negotiate,” said a second banking source. “It’s outrageous, but it’s China, so everyone is treading very carefully.”
For banks that are hoping to sell more derivatives hedges in China, the world’s fastest-expanding major economy and top commodities consumer, the danger goes beyond the immediate risk to existing contracts to the longer-term precedent that suggests Chinese companies can simply renege on deals when they like.
The report follows an order from SASAC in July that required all central government-controlled state companies engaged in trading derivatives to make quarterly reports about their investments, including details of holdings and performance.
But the reported letter opened several important questions that could not immediately be answered. “If we were among the banks receiving that letter, we would be very angry. But now the key is to find out more details on the letter: In whose name the letter was issued, the government or the corporate’s? And under what was the reason for defaulting?” said a Singapore-based marketing executive with a foreign bank.
The source, whose bank did not receive a letter, said that Air China, China Eastern and shipping giant COSCO – among the Chinese companies that have reported huge derivatives losses since last year – had issued almost identical notices to banks.
“If it’s in the name of the government, the impact will be very negative,” said the source, who declined to be named.
Beijing-based derivatives lawyers said the so-called “legal letter” has no legal standing — SASAC as a shareholder has no business relationship with international banks.
“It’s like the father suddenly told the creditors of his debt-ridden son that his son won’t pay any of his debt,” said a lawyer from the derivatives risks committee of the Beijing Lawyers Association. (C ) Reuters
Duration : 0:8:9
“Investment Opportunities in China” – Dr. Burton G….
Since the beginning of economic reforms two decades ago, the economy in China has produced real growth rates of between 8 percent and 10 percent per year. It is believed that China will continue to experience exceptional growth for decades to come at rates well above those of any other large country in the world. In this talk Professor Burton Malkiel discusses why China will enjoy growth rates of economic activity well above those in the developed world. But economic growth does not necessarily translate into high-security returns. Indeed, returns from investments in Chinese equities have been unattractive for the past decade, and corruption and corporate governance issues, as well as a variety of…
Duration : 1:0:49
Jim Rogers Investments Strategy Jul 22, 2009
Jim Rogers Investments Strategy
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Duration : 0:5:52