Chermaine Lee

Car sales offer a microcosm of China’s economy

By Alfred Romann China’s auto market offers a great case study for much of what is happening with China’s economy. Like much of China’s broader economy, the market is slowing. Sales have been dropping steadily for the last few months. In fact, total vehicle sales fell 10.1 percent year-on-year in October and 0.9 percent month-on-month.

Cryptocurrencies interesting but too small to move mountains

By Alfred Romann Cryptocurrencies continue to fuel debate among regulators and users.  The total value market capitalization of cryptocurrencies as of Oct. 28 was almost US$210 billion. Take out Bitcoin, the grandmother of crypto, and that drops to US$97 billion. The current market cap of cryptocurrencies is down to about a third of the peaks hit in January.