state investment

China Becomes the Biggest PC Market

China has become the world’s biggest market for personal computers according to IHS, with 69 million units shipped in 2012 compared with 66 million in the U.S.. From the BBC: Laptops are the fastest rising sector in...

Bank of China Bothered by Fannie and Freddie Mess?

Chinese state media are reporting one of China’s largest banks “may” own $20 billion worth of debt in the United States’ gravely troubled lending giants Fannie May and Freddie Mac: The Freddie Mac and...

China Banks Learn To Say No To Risky Deals

American investors hopeful the Chinese government’s deep, wide-open pockets will come to the rescue of ailing U.S. stocks may not be happy to hear this news. From Reuters: After China’s state-controlled CITIC...

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