My knowledge of currency hedging is based mostly on the following: 1. I am right now wearing a Swiss watch I bought in Korea at the height of the 1997 Asian crash. When I bought it, I was getting about 2000 Korean Won to the Dollar and Korea's economy was in such bad shape, the Jeweler sold it to me for half the regular Won price. I took it to a jeweler in Seattle to...

A couple years ago, I attended an incredibly bad China seminar in Seattle (one of the speakers got me in for almost nothing and I really needed the CLE credits) at which one of the speakers essentially told everyone to locate in Chongqing. His rationale (replete with way too many pictures of him smiling and eating with purported high level government officials) seemed to have been based on the following: 1. Chongqing has a lot...

A couple years ago, I attended an incredibly bad China seminar in Seattle (one of the speakers got me in for almost nothing and I really needed the CLE credits) at which one of the speakers essentially told everyone to locate in Chongqing. His rationale (replete with way too many pictures of him smiling and eating with purported high level government officials) seemed to have been based on the following: 1. Chongqing has a lot...

A couple years ago, I attended an incredibly bad China seminar in Seattle (one of the speakers got me in for almost nothing and I really needed the CLE credits) at which one of the speakers essentially told everyone to locate in Chongqing. His rationale (replete with way too many pictures of him smiling and eating with purported high level government officials) seemed to have been based on the following: 1. Chongqing has a lot...

A couple years ago, I attended an incredibly bad China seminar in Seattle (one of the speakers got me in for almost nothing and I really needed the CLE credits) at which one of the speakers essentially told everyone to locate in Chongqing. His rationale (replete with way too many pictures of him smiling and eating with purported high level government officials) seemed to have been based on the following: 1. Chongqing has a lot...

Xinhua article just out on rapidly (I think) increasing salaries in China. This article, entitled, "Average salary increase of urban workers rises to six-year high," contains many salary numbers and statistics, but it is so vague both with the numbers and with the writing that I cannot parse out its highlights. Yet, because I am so often asked about wages in China, I am linking to this article in the hopes others out there can...

Xinhua article just out on rapidly (I think) increasing salaries in China. This article, entitled, "Average salary increase of urban workers rises to six-year high," contains many salary numbers and statistics, but it is so vague both with the numbers and with the writing that I cannot parse out its highlights. Yet, because I am so often asked about wages in China, I am linking to this article in the hopes others out there can...

Xinhua article just out on rapidly (I think) increasing salaries in China. This article, entitled, "Average salary increase of urban workers rises to six-year high," contains many salary numbers and statistics, but it is so vague both with the numbers and with the writing that I cannot parse out its highlights. Yet, because I am so often asked about wages in China, I am linking to this article in the hopes others out there can...

Xinhua article just out on rapidly (I think) increasing salaries in China. This article, entitled, "Average salary increase of urban workers rises to six-year high," contains many salary numbers and statistics, but it is so vague both with the numbers and with the writing that I cannot parse out its highlights. Yet, because I am so often asked about wages in China, I am linking to this article in the hopes others out there can...

Xinhua article just out on rapidly (I think) increasing salaries in China. This article, entitled, "Average salary increase of urban workers rises to six-year high," contains many salary numbers and statistics, but it is so vague both with the numbers and with the writing that I cannot parse out its highlights. Yet, because I am so often asked about wages in China, I am linking to this article in the hopes others out there can...