Yan Li

14 Flips | 1 Magazine | 1 Like | 1 Following | @qtarch | Keep up with Yan Li on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Yan Li”

Banks Are Using Secret Channels To Flood China With Loans It Doesn't Need

Big state companies in industries struggling with over-capacity but with easy access to credit are borrowing funds, not to invest in their business but to lend to smaller firms sometimes at several times the official interest rate, part of an informal lending market in China that authorities are …

KRUGMAN: The Fed May Have Just Made A Historic Mistake, And Done More Damage Than It Realizes

The markets puked on the news, and interest rates shot up, a move that was exacerbated by Bernanke himself saying he was not worried about the rise in rates.<p>According to Paul Krugman, it's possible this will end up as a "historic" mistake.<p>If the economy recovers, then fine, whatever, the Fed will …

MAULDIN: I'm So Sure Japan Is Screwed That I'm Converting My Mortgage Into Yen

<b>Banzai! Banzai! Banzai!</b><p><i>I shot an Arrow into the air</i><p><i>It fell to earth I know not where….</i><p><i>- Henry Wadsworth Longfellow</i><p>As kids, not knowing that we were being politically incorrect on so many levels, we would shout "Geronimo!" when we were playing war or getting ready to do something reckless. (For …

10 Car Options the Law Won't Let You Have

Innovation moves much faster than legislation.<p>Back in the 1980s headlight companies developed sealed reflector/lens assemblies that permitted replacement of the bulb. This was a breakthrough: Not only were the replaceable-bulb halogens brighter than the older style of light, but they also meant …

General Motors

8 Foods That Are Cheaper To Grow Than To Buy

Whether they tended a small container garden in the city or a backyard plot in the country, many -- if not most -- families had at least a few food-producing plants.<p>In World War II, "Victory Gardens," maintained by ordinary families, contributed to the war effort by growing 40 percent of the …

David Karp Speaks: Here's Why I Sold Tumblr To Yahoo

"I was not expecting to sell the company this year," 26-year-old Karp told Charlie Rose on an interview that aired Thursday.<p>He had been working with Yahoo CEO Marissa Mayer on a partnership deal for months, since November, he said.<p>So Mayer had to sell him on the idea that Yahoo should, instead, buy …

Forbidden artist Ai Weiwei makes massive map of China out of baby formula

BEIJING – His art may be forbidden in China and his name blocked as a search topic online, but Chinese artist and social activist Ai Weiwei still knows how to grab headlines.<p>His latest art project on display in Hong Kong is titled “Baby Formula 2013” and is an 860-square-foot map of China assembled …

Scientists Have Solved The Mystery Of The White Tiger's Coat

The strikingly beautiful, milky coats of white tigers are caused by a single change in a known pigment gene, a new study finds.<p>Since their discovery in the Indian jungle centuries ago, white tigers, a variant of Bengal tigers (Panthera tigris tigris), have had a certain mystique. Captive white …

The Myth of America's Tech-Talent Shortage

And what it should mean for immigration reform.<p>So it turns out the United States is not, in fact, the educational wasteland tech industry lobbyists would have you think.<p>Companies like Microsoft often claim that America is suffering from an economically hobbling shortage of science, math, and …

How The New $100 Bill Will Foil Counterfeiters

The most complicated $100 bill yet<p>For as long as there has been money, there've been people trying to make fake money. In the U.S., the latest effort to stop counterfeiting will arrive October 8, when the next $100 bill is released.<p>The Federal Reserve has mixed in new features to make the bill more …

Why The Cheap Yen Isn't Boosting Japan's Exports

In theory, the yen's depreciation should be positive for Japan's trade balance.<p>A weaker currency generally boosts demand for a country's exports as they become cheaper in international markets, while dampening domestic consumption of imports as their prices increase in local currency terms.<p>But, …

How Lego Makes Safe, Quality, Diverse and Irresistible Toys Everyone Wants: Part Two

This is my second post on the legendary Lego. Let’s take a look at what goes into making the Lego toys that every child (and adult) in the world finds irresistible. The data bears this out — the number of Lego bricks sold in 2012 would reach more than 18 times around the world, according to the …

Does The Crash In Precious Metals Signal The Beginning of Another Financial Crisis?

For precious metals investors, the last five days have been like 2008-9 all over again, as the end to the sell-off doesn’t seem to be anywhere in the offing.<p>Is the precious metal crash the beginning of another financial crisis that will touch equities?<p>Judging from the performance of major equity …

Is China getting uneasy with North Korea?

As rantings from North Korea become ever more belligerent and bizarre, there are signs that China, its only outside friend in the world, is beginning to distance itself, too.<p>Normally reluctant to voice any sign of despair whenever tensions deepen on the Korean Peninsula, the Chinese are now talking …