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You Searched For "Patrick Chovanec" and got 20 results


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2 mins read

A Big Chinese 'Bad Bank' Plans To Go Public And It Has Experts Scratching Their Heads

"To the extent that any bank in China has a lucrative business I would question whether that really…

Mamta Badkar   


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12 mins read

Q&A WITH PATRICK CHOVANEC: The Biggest Financial Story In The World Is Playing Out Right Now In China

What happened was that every quarter, to meet the reserve requirement ratio, so every quarter the r…

Mamta Badkar   


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2 mins read

Mike Pence claimed Trump created more jobs in the past 3 months than Obama did in 8 years — and the backlash was swift

Experts were quick to point out that Pence left out April, when the US lost 20.8 million jobs.

Joseph Zeballos-Roig   


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2 mins read

Somebody Is Tweeting A Minute-By-Minute Account Of Tiananmen Square, And It's Gripping

The pro-democracy protests, led mostly by unarmed students, lasted weeks but came to a head on June…

Erin Fuchs   


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4 mins read

This week we learned everything Donald Trump thinks about China and trade is wrong

"... the numbers cut against the view that stronger competitiveness from a weaker yuan and mor…

Linette Lopez   


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3 mins read

Trump push toward a trade war with China is 'a menace to the global economy'

"The White House continues its misguided efforts to change the Chinese government's behavior by pun…

Bob Bryan   


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3 mins read

If this keeps up, Trump won't have to do anything to punish China's economy

"Beyond the headline data, other indicators point to increasing capital outflows, and bearish senti…

Linette Lopez   


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3 mins read

The first catapult launch of a plane from an aircraft carrier took place 100 years ago today

By today's aircraft carrier standards, the USS North Carolina was a tiny ship. Of course, it was no…

Jeremy Bender   


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2 mins read

Deutsche Bank on China's crazy stock market: 'It ceased to be a free market a long time ago'

There was no obvious explanation for the timing or magnitude of the slump. It ceased to be a free m…

Oscar Williams-Grut   


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2 mins read

ECONOMIST: In 2014, China's External Imbalance Will Be A Problem For Beijing And The World

If China's Forex reserves did climb to $4.4 trillion and we did see the current account surplus ris…

Mamta Badkar   


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2 mins read

China Has Taken 2 Big Baby Steps Toward Internationalizing Its Currency

"For the renminbi to be a truly international currency, it has to circulate outside of China, and i…

Mamta Badkar   


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5 mins read

China has destroyed its stock market in order to save it

(Additional reporting by Pete Sweeney, Kazunori Takada and Adam Jourdan in Shanghai, Shu Zhang and …

Greg McKenna,Reuters   


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1 min read

America's Oldest Veteran Drinks Whiskey And Smokes Cigars At Age 108

Born May 11, 1906, he's believed to be the oldest living veteran, although it's impossible to verif…

Paul Szoldra   


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2 mins read

China Is Headed For Its First Domestic Bond Default - And Here's Why That's A Good Thing

"If you talk to anyone in China, if you talk to them about the prospect of a financial crisis, the …

Mamta Badkar   


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1 min read

We Should Be Nervous If China's Leaders Actually Believe It When They Say Everything Is Under Control

"At best China faces a growth squeeze from a mounting burden of bad debt, at worse that bad debt wi…

Mamta Badkar   


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4 mins read

A soaring dollar could set off a currency war with China

That made sense with China growing 10 percent per annum and attracting hundreds of billions of doll…

Pete Sweeney and Lu Jianxin   


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1 min read

DEBT: The US Vs. China

Does China have a debt problem? The answer would appear to be "no" when analyzing the Chinese house…

Sam Ro   


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2 mins read

CHART OF THE DAY: China's Solyndra Implodes

Chovanec has previously said the Chinese solar industry has "a dozen Solyndras." A quick refresher:…

Mamta Badkar   


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1 min read

China Reportedly Finds More Dead Pigs Floating In River Hundreds Of Miles Away From First Discovery

While a farmer has confessed to dumping the dead pigs in the Shanghai river, the sight of the pigs …

Adam Taylor   


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3 mins read

Here's Why A Scary Debt Default Could Be The Best Thing To Happen In China Right Now

Lower growth, higher borrowing costs, and mounting repayment costs mean defaults by borrowers and e…

Mamta Badkar