Since several days in the South China Morning Post (website), no more charts of the Shanghai and Shenzhen markets. Why?
Is there any “political” reason behind?

Anyway, it is strange the SCMP does not give any explanation.
I like the charts because they give the full story of the roller-coaster (=casino) stock markets in China. Maybe too bad to show or is Reuters China on strike?
See earlier posts where you can see how the charts looked like.

Some people start wondering where the U.S. is heading to. I’m not (yet) a fan of the doom scenarios that forecast a not-so-rosy future for the super power (of course with China coming up). But I have to admit that the financial crisis generated by the USA, leading to a world-wide economic downturn, does not favor optimism.
China has been accused of being too conservative in banking, to be poor in allocating financial resources plus the money-grabbing. Maybe but thank you, that is also how China avoided a major implosion.
When we look at the track record of economists and financial institutions in the USA, we can only conclude most had/have no clue and the so-called creativity and expertise in Wall Street is an illusion. Those new financial tools (so complex most don’t understand them) do not bring any added value to the economy, whatever clever explanations cooked up by Wall Street. They only fill the pockets of some.
See this news:
10 Nov 2009 (SCMP)
Goldman Sachs Group, Morgan Stanley and JP Morgan Chase’s investment bank, survivors of the financial crisis, are set to pay record bonuses this year.
The three biggest banks to exit the troubled asset relief program will hand out US$29.7 billion in bonuses, according to analysts’ estimates. That is up 60 per cent from last year and more than the previous high of US$26.8 billion in 2007.
The money, split among 119,000 employees, equals US$250,400 each, almost five times the US$50,303 median household income in the United States last year, data shows.
The doomsayers must feel vindicated. Bonus for screwing up. Even China does better.

Earlier I wrote about how data disappear in China Daily or are irrelevant.

After the exchange rates vanished, they recently came back on the “Metro” page, but much less clear and useful as the old ones – see the old (top) and new (down) listings.
As for stockmarket news, I don’t know why CD wastes paper printing their silly one-day charts. Who wants to know? Compare that to what SCMP publishes, they give many options like different markets and different periods of time. You won’t see that in CD, I guess that a too scary image. See samples from CD and SCMP.

During the Up-close interview on CCTV9 I was asked to show my Chinese Green Card.
A question I often receive is, how many have been handed out. I still have no idea for China overall (1,500?), but we now know how many were given in Beijing in total.
See here translation (part) from a Xinhua article:
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Xinhua – Beijing August 23, Beijing police disclosed that the “approval of permanent residence of foreigners in China Management Measures” the implementation of five years, the capital of a total of 311 foreigners to obtain permanent residence in China.
According to the Beijing Municipal Public Security Bureau Deputy Director Xu Jie introduced in 2004 the State Council promulgated and implemented the “foreigners permanent residence in China for approval management approach.” In 5 years, the Beijing Municipal Public Security Bureau received a total of 35 countries involving foreigners in Beijing, submitted 371 applications approved by the Ministry of Public Security, there are 311 foreigners to obtain permanent residence in China.
This reporter has learned in Beijing Foreigners For eligible to apply for permanent residence in China, subject to certain conditions and provide relevant evidence. Such as the famous scientific award winner, world-renowned scholars, entrepreneurs, athletes, writers and artists to provide access to a world influence or of great value to the scientific research evidence and other materials, may be approved due to outstanding contributions to permanent residence in China.
In addition, the Chinese citizen or permanent residence in China to foreigners, their spouses apply for permanent residence status in China will take marital relationship continues to exist at least five years and has been at least five years continuous residence in China each year residence in China of not less than 9 months, have a stable life to protect and shelter, you can submit an application
According to statistics, to obtain permanent residence in Beijing, the 311 foreigners in 39 working type, outstanding contribution type 37, reunion type 123 people, expatriates renewal 112.
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As far as I know I belong to the category of “outstanding contribution”. The expatriates renewal seems to cover “special” Chinese returnees with a foreign passport.