The Fall and Fall of China
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Chinese stocks have been slammed, but that doesn't mean they're done.
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This past Sunday the Washington Post ran a piece on the possibility of a nuclear war with China. To my knowledge it's the first to appear in such an auspicious publication, so I'll quote it at length:Given China's appetites and our alliances and interests, a war is not inconceivable in Taiwan, or in Korea. To remove American nuclear escalation from the equation, China would need not parity but only a deterrent such as it has long possessed. The Chinese, however, whose nuclear thresholds are dissimilar to ours, would have other options. They know that every facet of America's economy, military and society depends on individual and networked electronic devices. Were these to fail all at once and irreparably, the nation would seize up, perhaps for years.Faced with victory, or with loss, they might choose to -- and who would venture to guarantee that they would not? -- detonate half a dozen high-megatonnage nuclear charges in the mesosphere, in an electro-magnetic pulse (EMP) strike perhaps not even in American airspace, cooking almost every circuit and semiconductor, rendering the American government blind, deaf and dumber than it is already and the country unable to resist the inroads that would surely follow.  Heady stuff, written in a hawkish style reminiscent of the Cold War, but does it add up to a plausible scenario for toe-to-toe nuclear combat?
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China&#39;s population, already the largest in the world, will peak at 1.46 billion in 30 years, straining the country&#39;s healthcare system, putting pressure on jobs, and gobbling up a greater share of the world&#39;s food and energy resources.
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Putting the recent collapse in perspective.
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The worst winter storms in decades bury China in ice and snow, disrupting travel links and sending markets sinking
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Earth sits between two worlds that have been devastated by climate catastrophes.
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BEIJING - Hu Jintao became the undisputed leader of China as the country completed its first orderly transfer of power in the communist era on Sunday with the departure of former President Jiang Zemin from his top military post - giving a new generation a freer hand to run the world's most populous nation.    Jiang, whose term was to have run until 2007, resigned at a meeting of the ruling Communist Party's Central Committee that ended Sunday...
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Much of the initial information about what had happened in Asia came from the Web.
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China, computers and algorithms combine in a perfect storm.
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The plight of the litchi industry shows both the promise and the pitfalls of China's economic growth, from the flood of investment to overproduction and crashing profits.
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For first time visitors to China, one of the most stunning entry points is Shanghai. The view from the mouth of the Yangze River, which looks out over Shanghai and other cities,  reveals an incredible urban and industrial panorama, clearly one of the most rapidly developing areas among all the cities of the world.  And yet . . . The Chinese have described themselves as "A plate of scattered sand grains" that would never join or unite with each other.  Piset, in his latest Awakening Dragon column, tells the story of Two Bridges to illustrate just some of the underlying dynamics of China's explosive economic growth.
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China beckons stock investors with the lure of brisk economic growth. Yet a school of prominent China watchers, led by Morgan Stanley strategist  Andy Xie, warns that the domestic overheating could lead to a "hard landing" in sectors ranging from steel to real estate. The Chinese government, worried about that very thing, is trying to rein in the torrid expansion.
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Updating Confucius to the stresses of a fast-changing nation.
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Just as the cognoscenti in the 1950s once debated &quot;Who lost China?&quot;, the question of &quot;Who blew all our money&quot; has become one of the politically and culturally loaded questions to emerge in the wake of the 2000 fiasco on Wall Street.
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China's loss appears to be other Asian stock markets' gain.
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European rhetoric aimed at China is becoming American in style: confrontational and shrill. Trade deficits and exchange rates are the lightning-rods. European Union threats of retaliation have become more frequent.
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Reaction was overwrought, and China's economy is still hot. But a sudden market slide shows it's time to get real