Comments on: More bad news from Japan

By: Santa China del Rescate, ruega por nosotros, de S. McCoy en El Confidencial at Reggio’s

Sat, 07 Mar 2009 19:29:54 +0000

[...] Corea (-33%) o Taiwan (-44%) lo que lleva al otro gran especialista en la zona, Brad Setser, ha plantear tres alternativas sobre la mesa: o bien China está ganando cuota de mercado, que podría ser, siga el juego; o bien simplemente [...]

By: Orlando

Orlando — Sun, 01 Mar 2009 01:12:02 +0000

This pork filled stimulus bill will help no one…..

By: Howard Richman

Howard Richman — Fri, 27 Feb 2009 22:42:13 +0000

Dor writes, “Not much “export subsidy” in infrastructure construction, is there? And, given that China’s external demand is dying, export subsidies wouldn’t do much good, would they?”

I do not object to the parts of China’s stimulus plan that moves forward planned infrastructure projects and that stimulates credit that is available to the Chinese people. It is just much too little.

But I do object to the fact that China is increasing her export subsidies and preventing the RMB’s appreciation. I agree with you that these parts of her plan do not do much good to China or to anyone else.

As I noted in my blog today, if China did what we are doing they would get out of the recession and if we did what China is doing we would get out of the recession. Too bad we can’t just trade economic advisors.

By: Comentário semanal « Notícias do mercado

Comentário semanal « Notícias do mercado — Fri, 27 Feb 2009 15:27:29 +0000

[...] tivemos a divulgação dos números da balança comercial japonesa em janeiro. As exportações do Japão caíram -46% no mês, resultando em um déficit comercial recorde. A [...]

By: bsetser

bsetser — Thu, 26 Feb 2009 04:07:23 +0000

DoR — the fall in e. asia’s trade surplus is to be expected. it imports a lot of oil/ other commodities, and oil’s average price in 08 was high …

thanks for the breakdown of the yen v dollar trade data re Japan.

agree that china makes a lot more components now than it used too.

By: DOR

DOR — Thu, 26 Feb 2009 02:59:22 +0000

Obviously, most of the wine is imported to HK and exported to China. But, I’ve got a huge jar of local rice wine I can let you have very cheap!

By: Cedric Regula

Cedric Regula — Thu, 26 Feb 2009 02:43:45 +0000

DOR

I’ve been looking for that Hong Kong wine in stores around here, but haven’t seen any yet.

When do they plan to start exporting to the US?

By: ReformerRay

ReformerRay — Thu, 26 Feb 2009 02:39:31 +0000

Sloppy me. Above data on exports are for goods only – U.S. Census data – BOP.

By: Cedric Regula

Cedric Regula — Thu, 26 Feb 2009 02:26:16 +0000

seth

Honda and Toyota have quite a few assembly plants in the US. But major and minor components to assembly plants count as imports to the US.

I think Mazda(Ford) and the rest are all built in Japan.

The credit crunch started around Bear Stearns time in march 08.

But money market funding of short term corporate cash flow, Letters of Credit facilitating international trade, and consumer and business investment loans are all different animals.

It seems the animal kingdom smelled smoke in the forest, and all stampeded at more or less the same time.

By: ReformerRay

ReformerRay — Thu, 26 Feb 2009 02:25:38 +0000

I didn’t provide the best data to support my point above. Total value of U.S. exports in 1981 was 237 billion. It was the years after 1981 that showed the decline in dollar value of exports. Exports did not rise above 237 billion until 1987.