Credit Writedowns Thu 2009-09-17 09:49 EDT
In the latest move toward China's long-term strategy of internationalising its currency, the Chinese Ministry of Finance announced today it will issue government bonds valued at 6 billion yuan in Hong Kong. [dollar losing reserve status]
China issues bonds; credit writedowns; Neighbouring Countries; promote; RMB.
Mon 2007-12-03 00:00 EST
Winter (Economic & Market) Watch >> Ministry of Truth to Rectify Key Economic Data; understating inflation; overstating growth; truck tonnage, container traffic confirm slack demand and recessionary conditions
economic; Market; ministries; Rectify Key Economic Data; truth; watch; winter.
Thu 2007-09-27 00:00 EDT
Winter (Economic & Market) Watch >> Meanwhile the Real Economy (working around Ministry of Truth data: cement, rail cars, shipping containers, truck tonnage)
Tue 2007-08-28 00:00 EDT
(2007-05-06); "taking steps towards being a small-minded, elite-dominated, sham democracy"; overstating employment; ministry of truth; overstating GDP by hedonic adjustment; birth/death adjustments to employment; "Banana Republic Indicators"
