PowerShares Chinese Yuan Dim Sum Bond Portfolio
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China’s Welcome Move to Open up Interest Rates
By Peter Pham - April 23, 2013 | Tickers: DSUM, UUP, CYB
Interest rate liberalization is an inevitable path towards market efficiency. For China, the plan is between now and 2015 to bring the Yuan (NYSEMKT: CYB) closer to acting as a reserve currency around the Southeast Asia region. This process is speeding up with each deal the Chinese Government cuts with another foreign government. That said, the latest plan put forth should be criticized for lacking details, and for failing to more »
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China’s Tax Reform Sends Mixed Messages
By Peter Pham - April 11, 2013 | Tickers: SNP, EWH, DSUM
China has implemented across the board tax reforms aimed at alleviating the huge income disparity between state owned enterprises and those not connected to them by increasing their dividend payments to the state by 5% by 2015. While anything to lessen the power of SOE’s in the economy is generally a good plan economically, this aspect of the plan seems a timid first step in the direction of opening more »
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China’s Tax Reform Sends Mixed Messages
By Peter Pham - April 11, 2013 | Tickers: SNP, EWH, DSUM
China has implemented across the board tax reforms aimed at alleviating the huge income disparity between state owned enterprises and those not connected to them by increasing their dividend payments to the state by 5% by 2015. While anything to lessen the power of SOE’s in the economy is generally a good plan economically, this aspect of the plan seems a timid first step in the direction of opening more »
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China’s Tax Reform Sends Mixed Messages
By Peter Pham - April 11, 2013 | Tickers: SNP, EWH, DSUM
China has implemented across the board tax reforms aimed at alleviating the huge income disparity between state owned enterprises and those not connected to them by increasing their dividend payments to the state by 5% by 2015. While anything to lessen the power of SOE’s in the economy is generally a good plan economically, this aspect of the plan seems a timid first step in the direction of opening more »
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China’s Tax Reform Sends Mixed Messages
By Peter Pham - April 11, 2013 | Tickers: SNP, EWH, DSUM
China has implemented across the board tax reforms aimed at alleviating the huge income disparity between state owned enterprises and those not connected to them by increasing their dividend payments to the state by 5% by 2015. While anything to lessen the power of SOE’s in the economy is generally a good plan economically, this aspect of the plan seems a timid first step in the direction of opening more »
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China’s Tax Reform Sends Mixed Messages
By Peter Pham - April 9, 2013 | Tickers: SNP, EWH, DSUM
China has implemented across the board tax reforms aimed at alleviating the huge income disparity between State Owned Enterprises and those not connected to them by increasing their dividend payments to the state by 5% percentage points by 2015. While anything to lessen the power of SOE’s in the economy is generally a good plan economically, this aspect of the plan seems a timid first step in the direction more »
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Profiting from the Yuan
By George Liu - May 21, 2012 | Tickers: AAPL, RMB, DSUM, WMT, CYB
As China's hegemony grows, it is faced with an interesting dilemma concerning its currency manipulation policies. The Chinese government has long kept the value of the yuan at artificially low levels to give its exports a significant competitive advantage in their host countries, a development which has helped catalyze the rise of China as the world's top exporter.
However, the hubris and increasing confidence with which the Chinese more »
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China’s Liberalized Equity Market A Boon
By Peter Pham - May 8, 2012 | Tickers: HBC, FXI, DSUM, BNO
China’s equivalent to the SEC announced changes which began on May 2nd that can be seen as positive baby steps towards opening up those markets to a broader range of potential investors. China, like Vietnam and India, is what is known as an “ID” market, meaning that foreigners have to trade publicly which puts them at a disadvantage to domestic traders.
The reforms for China’s markets, though more »