http://wallstreetpit.com/13484-jim-chanos-beijing-is-cooking-its-books Tue, 22 May 2012 19:21:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://wallstreetpit.com/13484-jim-chanos-beijing-is-cooking-its-books#comment-93862 Kira Mon, 11 Jan 2010 15:37:33 +0000 http://wallstreetpit.com/?p=13484#comment-93862 Remember in 2009 lots of factors influenced the decline of production of raw materials and products in China. The huge snowstorm in January and February that stopped China in its tracks, cutting electricity, stopping transport and freight trains, stranding millions of Chinese across the nation. Getting production back on-line took awhile. The Olympics influenced Chinese government to shut down production of polluting industries from May until October to clear the air for the Olympic and Special Olympic Games. This drove up prices of raw materials and products dramatically. They also limited freighters access to Chinese ports. This stalled exports from leaving Chinese shores. What happened in October? The economic crash that influenced many Americans to vote for Obama, a huge mistake. China is now facing similar issues this year with the weather and new rules on lead content for children's products on their way to the US, not to mention the debt America owes China. Remember in 2009 lots of factors influenced the decline of production of raw materials and products in China. The huge snowstorm in January and February that stopped China in its tracks, cutting electricity, stopping transport and freight trains, stranding millions of Chinese across the nation. Getting production back on-line took awhile. The Olympics influenced Chinese government to shut down production of polluting industries from May until October to clear the air for the Olympic and Special Olympic Games. This drove up prices of raw materials and products dramatically. They also limited freighters access to Chinese ports. This stalled exports from leaving Chinese shores. What happened in October? The economic crash that influenced many Americans to vote for Obama, a huge mistake. China is now facing similar issues this year with the weather and new rules on lead content for children’s products on their way to the US, not to mention the debt America owes China.

]]> http://wallstreetpit.com/13484-jim-chanos-beijing-is-cooking-its-books#comment-92874 John Smith Fri, 08 Jan 2010 18:59:59 +0000 http://wallstreetpit.com/?p=13484#comment-92874 I think that China story will keep going on for a while. It will only crash once the US dollar has evaporated. I think that China story will keep going on for a while. It will only crash once the US dollar has evaporated.

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