China’s booming financial services sector have outpaced the USA for the first time

Discussion in 'Stock Market' started by KissMy, Sep 28, 2010.

  1. KissMy
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    KissMy Free Breast Exam

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    FT: China takes lead in financial deals

     
  2. CrusaderFrank
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    CrusaderFrank Diamond Member

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    After November we need to send Obama, Dodd and Barney Frank to China
     
  3. loosecannon
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    loosecannon Senior Member

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    don't bore me with mere billions....

    Until China can rack up a $1.7 trillion deficit they aren't even in our league
     
  4. CrusaderFrank
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    CrusaderFrank Diamond Member

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    After November we need to send Obama, Dodd and Barney Frank to China
     
  5. midcan5
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    midcan5 liberal / progressive

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    Does this mean communism is a better system of barter than capitalism? ;)


    "Under capitalism, man exploits man. Under communism, it's just the opposite." John Kenneth Galbraith
     
  6. KissMy
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    :eusa_eh: :eusa_think: :confused: :eusa_doh: :cuckoo:
     
  7. uscitizen
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    uscitizen Senior Member

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    Many "men" will always strive to exploit their fellow man.
    It hides under several facades. Business, Religion, society, etc.
     
  8. CrusaderFrank
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    CrusaderFrank Diamond Member

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    It means Communist China embraces Capitalism more than American Democrats
     
  9. Charles_Main
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    Charles_Main AR15 Owner

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    It's a falsehood to even call them communists anymore.

    They are a whole new animal, and have learned to embrace Capitalism while still keeping the more oppressive elements of Communism :)

    And Of course they are booming, We keep buying their crap!
     
  10. American Horse
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    American Horse AKA "Mustang"

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    And the following is most likely resulted from Sarbanes/Oxley:

    "2009 will go down as the year China ascended to the top of the IPO heap.

    Businesses from the Middle Kingdon accounted for 183 deals in the year. The U.S.? Just 54.

    Chinese companies alone sold $50.4 billion worth of shares, which accounted for 45% of the global IPO volume, according to data tracker Dealogic. The U.S.? $24 billion.

    China International Capital finished as the top bookrunner globally–the first time a Chinese bank had done so. Prior to 2009, a Chinses bank had made the top 10 globally just once–China International Capital ranked ninth in 2000, according to Dealogic."

    Below is Deal Journal’s graphic wrapping up the year in the IPO market:
    [​IMG]

    SOURCE
     

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