China’s growth slows as Geithner stirs currency concerns

Chinese Shares in U.S. Fall to 2-Month Low on Growth Concern(Bloomberg): Chinese stocks trading in the U.S. fell to the lowest in two months, led by commodity producers, after the world’s third-largest economy grew at the slowest pace in seven years.
The nation’s leaders “will do anything” to maintain an economic expansion of about 8 percent, [...]

The Treasury Department urged China to allow its currency to appreciate and estimated global growth will slow in the first half of 2009 in a report to Congress released Wednesday.
The biannual report on International Economic and Exchange Rate Policies describes the currency policies and exchange situations in 19 individual counties plus the Euro countries and the Gulf Cooperation Council Counties.
The report calls on China [...]

Look Homeward (The Economist): The “wall of money” argument is a hardy investment perennial. Back in the 1980s, it was the Japanese who would sweep in and push up stock markets. In recent years, sovereign-wealth funds have assumed the role of sugar daddies, with cash readily available to support asset prices.
SWFs will obviously grow a [...]