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Aug 19, 2011

CHINA Economy News, Aug 19, 2011



Swan highlights Chinese middle-class opportunity
StartupSmart
“China has the policy flexibility to fire up its domestic engines of growth if external conditions fall sharply… Capital investments, rather than exports, are increasingly driving China's economy,” he said. In recent years, about half the nation's ...
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China's Economic Growth Targets Cut at Daiwa, Inflation Raised
San Francisco Chronicle
A double-dip recession in Europe and the US would affect growth "even more negatively," whileChina would be "unlikely" to announce a big stimulus package, analysts at Daiwa led by Mingchun Sun wrote in a report dated Aug. 12. ...
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China's Official Data Muddy Its Housing Picture
Wall Street Journal
(Full disclosure: I investigate the question in detail in my book "Understanding China's EconomicIndicators.") Investment in residential real estate accounts directly for 12% of China's gross domestic product, and more than that when demand for steel, ...
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In reality China's carbon tax is far lower than ours
The Australian
But it wasn't until the Productivity Commission published its carbon emissions in key economiesreport showing China lagged Australia's emissions reduction efforts and that "no country currently imposes an economy-wide tax" that the government's case ...
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China Zenix Auto International Announces Record Quarterly Sales for Second ...
MarketWatch (press release)
Mr. Jianhui Lai, Chairman and Chief Executive Officer of Zenix Auto, commented, "We are very pleased to report record quarterly sales for the second quarter of 2011. Our ability to deliver strong growth in a challenging market environment demonstrates ...
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Elephant poaching fuelled by China boom
New Zealand Herald
Elephant poaching in Africa and Asia is being fuelled by China's economic boom, says a study of the ivory trade. Authors of the report say the number of ivory items on sale in centres in southernChina has more than doubled since 2004, with most traded ...
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Economists' outlook darkens: See 30% chance of recession
USA Today
Paul Kasriel, chief economist of Northern Trust, worries more about falling US exports — one of the economy's few bright spots — as growth in China slows. Mark Zandi, chief economist of Moody's Analytics, is more sanguine. The fundamentals of the US...
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USA Today
Can China's government debt attract int'l investors?
People's Daily Online
According to a report recently issued by the Asian Development Bank, emerging economies of Asia, including China, will build on the strong economic growth of 2010 to continue to increase the portions of the bond markets of their domestic currencies in ...
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Andres Oppenheimer: There's hope for Mexico, Central America
Bradenton Herald
The International Monetary Fund said in a recent report that a protracted US economic slowdown will have a substantial negative impact on Mexico's economy. And left-of-center Nobel prize winning economist Joseph Stiglitz reminded me in an interview ...
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Rising urban middle class population to drive the Automotive Market in China
openPR (press release)
Automotive industry has become a leading industry in China's national economy and is playing a guiding and supporting role in the overall national economic situation. It is one of the fastest growing and competitive industries in China. The report ...
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Asian stock market, economy and companies update (August 15, 2011)
Stock Markets Review
By Trade The News - Asian equity markets continued steady recovery at the start of the new week, tracking modest US market gains on Friday while also cheering a better than expected GDP reportout of Japan. Despite posting its third consecutive ...
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AED Oil calls in administrators
The Australian
China, the world's second-largest oil importer by volume after the US, is investing heavily in Australian resources to secure materials for its fast-growing economy. By owning assets rather than buying commodities on the open market, China hopes to ...
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Growth tales of states born after Pakistan
The News International
Its economic growth rate was 6.2 per cent in 2010 and its unemployment rate was as low as 3.6 per cent in 2009. South Korea's gold and Forex reserves are estimated at $274.6 billion. And then comes the story of China's success. ...
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Fifty Million Chinese Farmers Had Land Stolen
The Epoch Times
The report, titled, China Urban Development Report of 2011 and published by the Institute for Urban and Environmental Studies of CASS, states that large areas of farmland have been and are being expropriated as China's industrialization and ...
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A six-point plan to help the UK economy grow
Telegraph.co.uk
For instance, in banking, the upcoming Vickers report needs to be radical – ironically by recommending no immediate fundamental change, while we wait to let changes already in the pipeline bed down and reassess when the economy is more resilient. ...
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Telegraph.co.uk
New World plans $1.1 billion expansion: report
MarketWatch
HK), is seeking to buy hotel management companies that would help it expand its footprint in Europe and in gateway cities on the mainland, despite uncertainties over the economic outlook in the US and Europe, the report said. ...
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Sovereignty issues with China, MILF a test for President Aquino
Inquirer.net
“The launch is nonetheless a highly significant moment for China's fast-growing military,” the reportsaid. Andrei Chang, the Hong Kong-based editor of Kanwa Defense Review, said: “It's a milestone for them, and not only the Navy, but it's the first ...
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Tough Times for China's Wind Energy
CRIENGLISH.com
Yet, some financial turbulence has blown into China's wind energy sector in recent months. Recharge, the global source for renewable energy news, posts an 'In Depth' report on its website about China's turbine manufacturers, who are feeling the pinch ...
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The Saudis can't afford an oil price slump
Telegraph.co.uk
"The latest figures suggest that economic growth in the US has already slowed down considerably. "France has today reported an unexpected stagnation of GDP in the second quarter. Lending in China was more restricted than expected in July, which should ...
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Telegraph.co.uk
Small Talk: Chinese shipbuilder sets course for a listing on Aim
The Independent
A recent OECD report showed that, in terms of annual output, China was the world's third largest shipbuilder in 2007, "a rank that it has held for over a decade". The same report highlighted statistics from the Commission of Science, Technology and ...
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Macroeconomic factors could impact Asia-Pacific transport sector, says S&P
The Edge Malaysia
It said this in an industry report card entitled " Asia-Pacific Transportation Companies: Stories Differ, But Fuel Prices And Economic Uncertainties Are Common Hurdles”. In a statement Monday, Aug 15, S&P said some of the sectors that the global ...
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EUROPEAN OPENING NEWS INCLUDING: German Chancellor's economic adviser Feld ...
Proactive Investors UK
(China Securities Journal) World Bank's Zoellick says world economy has entered new danger zone. (Sources) While, Morgan Stanley co-chief economist Fels said there 50% chance of the globaleconomy going into a recession. (Wiwo) T-notes finished in ...
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Woman's effort to have rapist tried shows pitfalls of Chinese justice
MiamiHerald.com
Among China's 1.3 billion people, the number of petitioners is relatively small. But their stories are a reminder that in spite of China's economic progress, its central government has so far been unwilling to enact legal and political reforms that ...
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Compelling reasons to increase engagement
Financial Times
The so-called Bric economies alone – Brazil, Russia, India and China – will add about $12000bn to the world economy over the next decade, double the US and the eurozone combined, says Jim O'Neill of Goldman Sachs, coiner of the Brics concept. ...
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US Debt Downgrade May Have Chinese Connection
The NarcoSphere
shared the podium with (left to right) Wu Xiaoling, Member of the Standing Committee of the National People's Congress (NPC) and Vice Chairman of the Financial andEconomic Committee of NPC; Wang Zhaoxing, Vice Chairman, China Banking Regulatory ...
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The NarcoSphere
Schools in remote areas plead for books
China Daily
"A small Chinese dictionary costing 16 yuan ($2.50) is not expensive for an urban resident, but for poor children living in poverty-stricken areas in western China, it's a luxury," said a report on China Central Television (CCTV). ...
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China Daily
Japanese Economy Starts Its Recover Curve After The Massive Earthquake
Action Forex
Today's report came as a positive supportive for the Japan's economy after the nation's GDP contracted less than the market's expectations during the second quarter through June, adding the nation is on the track after the massive earthquake that ...
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Protest Prompts Shutdown of Chemical Plant
CRIENGLISH.com
About 38 large petrochemical companies are located in Dagushan industrial zone with Fujia Chemical, the 21st Century Economic Report newspaper said. The report cited an industry insider as saying that the relocation of Dalian's chemical industry base ...
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Diplomatic chorus grows for sanctions on Syrian oil
Jerusalem Post
Syria's energy reserves are small by international standards, but its fuel industry is the lifeblood that keeps the regime's moribund economy alive. Late last week the Obama administration for the first time urged countries buying oil and gas from ...
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In Taiwan, Mainland Chinese See Beacon of Democracy
The Epoch Times
By Mimi Li Chinese tourists stand in front of a large sign saying, "One Country, Two Systems, the Same China," a reference to communist China and democratic Taiwan's ambiguous relationship. (Mark Ralston/AFP/Getty Images) The political chasm separating ...
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10 countries where a catastrophic natural disaster is waiting to happen
Financial Post
A fascinating report from Maplecroft ranks countries by (1) economic exposure to natural hazards and (2) resilience to natural hazards. Mamta Badkar, Business Insider · Aug. 12, 2011 | Last Updated: Aug. 12, 2011 4:02 PM ET What are the natural ...
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Maryville businesses burglarized over weekend
Maryville Daily Times
Officers also found a second empty cash till from another unknown business left inside a large flower pot outside of Boyd Thomas Clothing, according to the report. Maryville Police officers responded to Sun Rise China, 2602, US Highway 411 South, ...
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Basic Materials: Top Buy and Sell Ideas Based on Last Week's Big Movers
Seeking Alpha
PCX now trades at a forward 8 P/E while the coal industry is at the beginning of a long-term super-cycle driven by economic growth in China and India that should move forward regardless of the crisis in Washington. That should lead to higher demand, ...
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LaSalle warns on lack of caution in real estate capital markets
The Asset
China's economy shows only slight signs of slowing. In the short run, overheated eastern property markets are at risk of policy changes to reduce or eliminate speculative activity. Central markets and secondary coastal market continue to look ...
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Weekly Fundamentals - Gold Still Looks Cheap in Inflation-Adjusted Term
IBTimes Canada
All 3 agencies warned of the great uncertainty in global economic outlook. The IEA stated that 'concerns over debt levels in Europe and the US, and signs of slowing economic growth in Chinaand India have spooked the market and raised fears in some ...
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USDA Lowers Production Estimates Due to Difficult Weather
Seeking Alpha
The USDA updated the US and World balance sheet estimates for major agricultural commodities in the World Agricultural Supply and Demand Estimates (WASDE) report today. WASDE reports in the summer are a barometer of overall world demand, ...
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Winners and Losers in Today's Global Economy | China Hearsay
By Stan
CBS News correspondent Celia Hatton reports that could impact the prices American consumers pay during the upcoming Christmas shopping season. The expectation, from a reader's perspective, is that some bad economic trend in China may ...
China Hearsay
The world appreciates a steady yuan: World Bank | my Sarawak ...
By mySarawak
... economic climate and said in such fragile times the Renminbi (RMB) or Chinese yuan may prove a surprise winner, Xinhua news reports. Zoellick said the steady Chinese yuan may help global markets pull through “a time of danger”. ...
my Sarawak - News coverage around...
Gold buyers, sellers motivated by uncertain economy | China ...
By CBN
Gold buyers, sellers motivated by uncertain economy.
China business news
Chinese Oil Demand Feeling Pinch of the Economic Slowdown - GLG News
By GLG Expert Contributor
Oil demand in China is also feeling pinch of the slowing down economic growth for the recent months. Growth of total oil consumption in the country registered 7.4 percent in 2009 on average, 9.4 percent for 2010 and as high as 10.6 ...
GLG News(sm): Energy & Industrials
Swan highlights Chinese middle-class opportunity ... - Financial News
By asia economy - Google News
StartupSmart. In his weekly economic note, Swan says as living standards improve in China and other parts of Asia, demand will increase for tourism, education and high-end goods. Swan believesChina has the ability to fuel its economy through domestic demand if its ... Australia Better Placed To Ride Out Market Turbulence: SwanRTT News Swan banks on Asia's middle classSydney Morning Herald Wayne Swan keeps the faith in China success storyThe Australian ...
Financial News
Zoellick Says China Currency To Be Global Player – Forbes | Wall ...
By Google Inc.
New US ambassador reassures ChinaBBC News Locke says China need not fret over dollar assetsReuters. New US ambassador promises to promote bilateral co-op, understandingXinhua. Bloomberg -Economic Times -China Daily ...
Wall Street Financial News
New flights from China may provide big boost to Hawaii economy ...
The first regularly scheduled direct flight from China arrived in Honolulu on Tuesday. Tourism officials see it as a ... Entertainment News · TV Listings; FOX Shows .... Print Story. Published: 8/09 9:18 am. Share. Updated: 8/09 9:41 pm ...
www.khon2.com/s/magWGFJcSUWc4IMPV3BgHw.cspx
Reports: Central Government to Reduce Government-Subsidized ...
News. Observer. Interactive. Multimedia. Newsletter ... According to a report in the Hong KongEconomic Journal, due to tightened monetary ... local governments in China may be forced to slow down construction of government-subsidized ...
www.eeo.com.cn/ens/2011/0812/208627.shtml
China's enthusiasm for high-speed rail stalls - Economy news
Policymakers are deciding China needs to "rectify the excesses" of its system and slow an unsustainably fast expansion, Ren said in a report. ...
www.mail.com/.../621178-chinas-enthusiasm-high-speed-rail-s...

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