It appears the US will be outsourcing its real estate recovery. Thanks China. [more]
Our friends at the WSJ have provided a nice little video that gives a quick summary of what is going on with China's housing market. A good place to start for anyone trying to decide if Jim Chanos is right about the fate of China.
Japan has long been the land of promise for luxury brands, but with the demographics shifting to a significantly old population that will be more focused on living through retirement, the sun may be setting on this market. [more]
I've mentioned my faith in the growth of the Chinese consumer several times in the short life of this blog, and what I've seen while here on the ground in China and in the papers has reassured me. Take the striking auto parts workers that have driven Honda (NYSE: HMC) and Toyota (NYSE: TM) to increase wages (http://mot.ly/cGosaC) in order to get their production lines moving again. [more]
Depending on which side of the story you want to emphasize, China's trade surplus is either up or down, at least as reported by the Wall Street Journal (http://mot.ly/acKIWU) and the China Daily (http://mot.ly/97aJ1G). [more]