Just how much money will the government’s revised mining tax end up raising from the big players, ask Glenn Dyer and Bernard Keane?
China economy
Letter from: Beijing … reading China like reading tea leaves
The Communist Party only has one option: it has to avoid a bust at all costs, and continue to make like the fireworks and boom, writes Matthew Clayfield, a freelance correspondent, in Beijing.
Political snippets: Chinese whispers forecast fast growth
Chinese officials have just finished their annual economic talkfest known as the Central Economic Work Conference with a commitment not to allow global uncertainties to disrupt what it called “relatively fast growth.”
Why the Oz US troops deal has hit a raw nerve in China
China’s rise in Asia has made the region a much more complicated place, writes Dr John Lee, from the Centre for International Security Studies at Sydney University.
China’s manufacturing centre’s annus horribilis
For years Wenzhou, China has been the scene of China’s financial and entrepreneurial success, full of fancy cars and new apartment buildings. But slowing exports — thanks to debt-laden Europe — is crushing the city’s manufacturing sector.
The Nouriel Roubini CHOGM show
Nouriel Roubini, one of the handful of leading voices who “called” the GFC, flew into Perth this week for CHOGM and literally stole the show, writes James Kirby, of Business Spectator.
Provocative Abbott on the money with China remarks
China will continue to buy our commodities regardless of whether we sign any broader economic agreement with it or not, writes Dr John Lee, from the Centre for International Security Studies, Sydney University.
Govt squeeze on China economy could mean hard landing for us
With China’s slowing economy, Australia, well and truly tethered to this monster, should understand that the dangers of a hard landing seem to be rising, not easing as it had seemed.
Now it’s China’s banks under the hammer
The global banking strains have spread to China with the country’s government last night surprising with a very public move to buy shares in its four biggest lenders after their shares have fallen 30% in recent months.
Kohler: flagging down a recession
Markets are falling now because the US, and probably the world, is tipping into recession. Again.
Our recovery is hanging by a thread
The so-called recovery of 2009-2010 was never really a recovery, but rather, an orgy of government-funded speculation that fooled some, and enriched others (namely bankers and speculators).
Markets crash: headless chickens belting mild-mannered lemmings
The big fall on markets around the world was one of the more astonishing over reactions to the obvious that we have seen for some years.
China: the greater the bubble, the greater the collapse
The greatest effect of China’s extraordinary monetary growth has been felt in housing prices.
Bartholomeusz: BHP’s unique boom bonanza
It would be tempting to look at the massive $US23.6 billion ($A22.5 billion) profit BHP Billiton announced yesterday and see, as some do, those earnings as easy windfall gains from the China-inspired boom in commodities.
Gottliebsen: pivoting on China’s prosperity
The current fall in world sharemarkets had better not spark a major decline in China because the Australian economic dependence on the Chinese has reached a level that is without precedent, writes Robert Gottliebsen.
Maley: prelude to a global share sell-off …
Could this week’s move by global central banks to nudge up interest rates be the prelude to a global sharemarket sell-off?, writes Karen Maley, of Business Spectator.
Maley: China’s looming debt threat
How worried should we be about the soaring levels of debt in the Chinese economy? This question has been hotly debated this week, writes Karen Maley.
Maley: Beijing’s inflation fight
As Chinese leaders prepare to celebrate the Chinese Communist Party’s 90th birthday this Friday, they are deeply aware that they now confront a difficult balancing act in their response to rising inflation, writes Karen Maley.
Maley: China’s debt binge hides an imminent crisis
For the past few years, China watchers have worried about the mountainous debt levels being carried by local governments. Now, it appears, Beijing has finally resolved to take action, writesKaren Maley.
Bartholomeusz: why investors can’t stomach Palmer
The weekend collapse of Clive Palmer’s latest attempt to float his Resourcehouse in Hong Kong shouldn’t have surprised anyone who glanced at the group’s prospectus.
Crunch time looms for US economy but China’s holding up
It’s Groundhog Day for the the global economy — May was a rough month and June has started worse with the first day seeing another big fall on global markets last night.
Maley: the debt-laden G8 country club
The G8 leaders know that the stakes they’re playing for have never been higher, writes Karen Maley, of Business Spectator.
