Today: CHINA Economy News, Aug 22, 2011

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Aug 22, 2011

CHINA Economy News, Aug 22, 2011


Failure to push exports puts economy at risk, warns report
WalesOnline
The report by the leading IPPR think tank will sound alarm bells in Wales with its warning that Britain's manufacturing sector is failing to make inroads in vital emerging economic powers such as Brazil, Russia, India and China. ...
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Stunted corn crop could lead to higher food prices
USA Today
That could further dampen consumer spending in an economy hobbled by high unemployment and modest wage increases. By Scott Olson, Getty Images By Scott Olson, Getty Images Corn is the single-biggest driver of food prices, says Bob Bresnahan, ...
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USA Today
Chinese Banks: It's Just Like Old Times
Business Insider
Also Sprach Analyst is a website on global finance and economics with a special focus on Chinaand Hong Kong economy, finance, and real estate. A few years ago, McKinsey Global Institute came up with a report on China's financial system and banking ...
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Asian Stocks Retreat for Third Day as Germany's Merkel Resists Euro-Bonds
Bloomberg
24. Two days later, data from the same agency may show the economy grew even less in the second quarter than previously estimated. Lenovo Group Ltd., China's biggest maker of personal computers, dropped 1.1 percent to HK$4.51 in Hong Kong. ...
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Water crisis, population surge prompt rethink on food: UN
AFP
The report said that in many high-intensity food-producing regions, water limits are already being "reached or breached." They include the plains of northern China, India's Punjab and the western United States. Climate change will accentuate scarcity ...
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AFP
Jayadeva Ranade: China includes Nepal in its circle of friendship
Daily News & Analysis
Assuring that the UCPN-M will work towards early completion of the peace and constitutional process, Prachanda asserted that Nepal has benefitted from China's economic development and will further promote inter-party exchanges. ...
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Biden: China's US assets are 'safe'
Youngstown Vindicator
Biden also made the case for continued US economic vitality despite current budget woes and sought to reassure China's leaders and ordinary citizens about the safety of their assets in the United States after the downgrading of America's credit rating. ...
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Tang Says China Real Estate Earnings `Very Robust'
Washington Post
22 (Bloomberg) -- John Tang, a Hong Kong-based strategist at UBS AG, talks about the outlook forChina stocks, and the nation's currency and economy. Tang speaks with John Dawson on Bloomberg Television's "On the Move Asia. ...
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Asia stocks reverse gains to trade lower
MarketWatch
Stocks in Hong Kong staged a sharp retreat in late-morning trading as China Resources Land Ltd. plunged to lead Chinese property developers on disappointing results. “Weak growth outlook remains the headwind for risky assets. ...
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Tight supply, growing demand to keep metals prices high
The Australian
Several big mining companies have already reported their earnings and, for the most part, reached parity in predictions that the Asian economy has the capacity to offset the crises in the Western world. Mining companies are expecting growth in China's ...
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DIARY: Central Bank Governors, Aust. Profits, US Economy
International Business Times
In Asia key Japanese economic and inflation data will be released Friday and are expected to show a continuation of the rebound from the March 11 quake and tsunami. In China major bank profits for the first half of this year will be released and the ...
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Why the Arab Spring's success depends on jobs, not guns
TIME (blog)
The Middle East countries – generally speaking – have higher costs than the poorer nations of Asia (like Bangladesh), making it difficult for them to attract the sort of low-end, labor intensive factories that sparked China's economic miracle. ...
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Australia imposes more curbs on investment than OECD peers
The Australian
IT is easier for Australians to invest in Chinese real estate than it is for people from China to buy property here. But Australia's farm sector is still easy for international investors to enter. Research by the Paris-based Organisation for Economic ...
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Pig farmers hope to breed success
China Daily
By Yang Wanli and Shi Baoyin (China Daily) Rising costs and diminishing returns bring new approach, Yang Wanli and Shi Baoyin report from Henan. China, the world's leading pork producer, is changing the way it raises pigs. Even a family pig farm can ...
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China Daily
Senate mulls amendment of EFCC, ICPC Acts
Daily Sun
The amendments, it was learnt, is being modelled after those of China and Hong Kong which would ensure that the heads of both agencies report directly to the President. Daily Sun gathered that, for the amendments of both Acts to take effect, ...
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INSIGHT - North Korean defections rise, but is the South ready?
Reuters India
As more North Koreans arrive, they use relocation grants from the wealthy South Korean government to pay brokers in China to extract their kin from the impoverished and isolated North. The International Crisis Group said in a report last month that the ...
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EPA's Ongoing Assault on the Economy
National Review Online (blog)
These regulations, taken individually, or as a set, are arguably unnecessary since, as I detail in a recent NCPA report, at current levels American air is so clean that there is little benefit to additional pollution reduction. The economy is still ...
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Indian shares continue slide, techs plunge
Reuters
Finance Minister Pranab Mukherjee said on Friday Indian stock markets had been affected by the US market sentiments but the country's economy was robust and the growth story was intact. "These comments have been discounted," Dewan said. ...
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Forex - Asia Open - Overnight Highlights
FXMarketAlerts.com
China: Large banks may face 500bn yuan capital shortage, China Securities Journal reports. - Hong Kong: Chief executive Donald Tsang said economic package unveiled by Chinese Vice Premier Li Keqiang will create jobs and support the city's growth. ...
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COMMENT: Time is running out for Pakistan and India to embrace each other —By ...
Pakistan Daily Times
The strained relations between China and India visibly improved during the last decade as the trade grew. Pakistan and India have many things to offer each other in trade and investment sectors. It is also a known fact that economic interests always ...
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Humphrey Feeds weekly feed report - 22nd August
Farming UK
China's population of 1.3bn continues to move from the fields to cities; and as itseconomy improves, the middle class sector is expanding, eating better, eating more meat and drinking more alcohol so the demand for maize is increasing. ...
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Farming UK
Asian logistics sector offers more opportunities due to robust economies
Manila Bulletin
In its latest report, Transport Intelligence (Ti) noted that the rapid development of the Chineseeconomy shows little sign of slowing, and its progression from low cost manufacturing base to high value production location is marking a new stage in its ...
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Service seeks road to success
China Daily
... of the market share in China, said an Orient Securities Company Ltd report. The company's automobile navigation products, known as the renwoyou series, are the best-selling brands in the country, according to an Economic Observer report on Aug 5. ...
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China Daily
FDI does not always work wonders
Hindu Business Line
When comparisons are drawn between China and India's levels of growth, the first criterion used to quantify them is the volume of foreign direct investments, a yardstick by which China usually beats India hands down. Is it any surprise that the need to ...
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Hindu Business Line
Stocks Tumble to Cap Another Week of Worry
The Epoch Times
Even Germany, the continent's strongest economy, may be showing signs of weakness as last week's economic growth report was disappointing. Major banks suffered the brunt of the selloff. Societe Generale, France's second biggest bank, saw its shares ...
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Back in the red as recession talk spreads
Bangkok Post
Recap: The Stock Exchange of Thailand began last week with a rebound from the previous week but dropped in the last two days as economic gloom spread. One catalyst was a bearish report from Morgan Stanley, which said the US and euro zone were ...
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Telcos seek cap on player count
Times of India
Global Wireless Matrix, BankAm Merill Lynch data of April 2011 shows that tariffs offered by other emerging nations with far fewer operators like China (3), Pakistan (5) Bangladesh (6) Ukraine (4) are also comparable to those in India. ...
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Banks downgrade growth forecast
Taipei Times
“Weaker external demand is now seen as a bigger drag on headline GDP growth than before,” Barclay Capital said in a report explaining its downward revision of Taiwan's economy. It now expects Taiwanese manufacturers to see only mild growth on account ...
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Oil's Slide Stalls at Pump
Wall Street Journal
... based on a forecast that the global economy will grow by 3% in 2011. "Demand growth continues to be driven almost exclusively by emerging markets," wrote Lawrence Eagles, JP Morgan global head of oil research, in a report. China's fuel consumption ...
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Wall Street Journal
BRIC funds in stocks see poor returns
EastDay.com
Goldman Sachs in a report last year estimated the BRICs contributed over a third of world GDP growth during the past 10 years, while they grew from one-sixth of the world economy to almost a quarter in purchasing power parity terms over the same period ...
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MOEA to assess impact of HP's PC spinoff plan
China Post
The Ministry of Economic Affairs (MOEA) is set to meet with major local IT contract manufacturers, especially PC makers, early this week to discuss possible impact and effective countermeasures for coping with the decision of world computer giant ...
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How the world could be tipped into chaos
Financial News
A report, Project Armageddon – Thinking the Unthinkable, published last month by broker Tullett Prebon, said the UK government is basing much of its policy on the assumption that economicgrowth will reach 2.9% by 2012-2013. Tim Morgan, the report's ...
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Shanghai one of China's 'most miserable' cities
CNNGo.com
... that's what the China City Competitiveness Research Association and Contemporary China Studies Institute of HKBU says. But what do the people for whom the report supposedly speaks feel about the issue? Is Shanghai really an economicgiant but a ...
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CNNGo.com
America should no longer be involved in costly wars overseas
Daily Californian
With all these problems and more (read: an upcoming presidential election), you would think Washington would allow our exhausted military to return home after nearly a decade of war and focus on fixing the economy. Instead, it seems that we have ...
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Daily Californian
Apple's China sales surpass home brand Lenovo
PCR-online.biz
... Apple devices in the burgeoning economy. Lenovo is China's market leading PC builder and sales have hardly been stagnating with a record 23.4 per cent growth year on year. A Financial Times report pegged Apple's sales in the greater China region, ...
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PCR-online.biz
THE DISTILLERY: Stimulus wish
Business Spectator
And The Australian had a similar report: "Mining giant Anglo American and China's Citic Group could join forces to trump Peabody Energy and ArcelorMittal's joint $4.7 billion bid for Macarthur Coal. Citic is Macarthur's biggest shareholder, ...
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No escape for Australian manufacturing with Bluescope closure
FEN
The latest BlueScope job cut sends a clear signal to the local manufacturing industry, as well as the country, that Australia's economy cannot rely on mining alone. “The benefits of the mining boom come with very big downsides and 1400 families today ...
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Chinese economy to grow 9.28% in 2011
China Daily
"We think that China's GDP growth will inevitably slow down at the stage it is at, due to weak recovery in the external markets and the macroeconomic policies gradually coming back to normal inChina," the report said. "The Chinese economy is most ...
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Chinese economy to grow 9.28% in 2011 | China business news
By CBN
Chinese economy to grow 9.28% in 2011. ... The China's Macroeconomic Outlook 2011-2012 and Policy Simulations report also projected that the consumer price index (CPI) inflation will hit 5.34 percent for the full year. ...
China business news
Chinese economy to grow 9.28 percent in 2011 | Business News ...
By IANS
"We think that China's GDP growth will inevitably slow down at the stage it is due to weak recovery in the external markets and the macroeconomic policies gradually coming back to normal in China," thereport said. "The Chinese economy ...
Business News, Markets, Entertainment...
Chinese economy to grow 9.28 percent in 2011: Economists
Chinese economy to grow 9.28 percent in ...The China's Macroeconomic Outlook 2011-2012 and Po...It forecast a gross domestic product (GDP) growth ..."We think that China's GDP growth will inevit..."The Chinese economy is most likely to grow a... ... The China's Macroeconomic Outlook 2011-2012 and Policy Simulations report, which was released Saturday, also projected that the consumer price index (CPI) inflation will hit 5.34 percent for the full year. ...
Daily News Headlines | Today's...
Huge debt haul fuels rail fears after crash | Business, Chinese ...
By admin
Huge debt haul fuels rail fears after crash China's Ministry of Railways breathed a sigh of relief with the publication of a report showing that the minislrv's. ... The Beijing News quoted Wang Yongping, a spokesman of the Ministry of Railways, as saying that the price rises of raw materials and diescl were the main reasons for the loss. For instance, the price of diesel increased by nearly 1000 yuan per ton in the first quarter The newspaper said the profits of the ...
Business, Chinese food, City...
China paper warns of euro crisis "Black Death" (Reuters) | Wall ...
By Yahoo! News: Business - European Economy
Posted by Yahoo! News: Business - European Economy . You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed....
Wall Street Financial News
China Stocks Fall on Policy Tightening, Global Economic Concerns ...
By topic:nasdaq - Google News
By Bloomberg News Aug. 22 (Bloomberg) -- China's stocks fell, extending the benchmark index's losses to a fifth day, on concern the government will further tighten monetary policy even as the global economic slowdown threatens to curb ...
Financial News
China faces high inflation pressure, according to the state's economic
By admin
BEIJING: China is still facing high inflation pressure, the vice-chairman of China Development and Reform Commission, China's powerful economic planning agency, told a forum in Beijing. He, however, said the country was able to achieve ...
BorneoPost Online | Borneo ,...
Innovation Excellence | Global Super Shifts – Part One
By Kevin Roberts
China is actively pursuing clean technologies. India is building global nuclear power knowledge. 4. Beyond the BRIC Economic Power. In 2010China's economy surpassed that of Japan to become the world's second largest ...
Innovation Excellence
Chinese economy to grow 9.28% in 2011 - China Daily Black News ...
Chinese economy to grow 9.28% in 2011 - China Daily - BlackNews Junkie: All the Black news a Black news Junkie can handle. Black political news, Black entertainment News, Black sports News.
Black News Junkie - All the news...
Biden gives assurances on US debt - China News - SINA English
By SINA.com
CHENGDU - US Vice-President Joe Biden reassured China on Sunday that the United States would never default on its debt, and urged the world's second-largest economy to continue to invest in US Treasury bonds. .... SINA English is the English-language destination for news and information aboutChina. Find general information on life, culture and travel in China through our news and specialreports or find business partners through our online Business Directory. ...
English headline news from SINA.com
U.S., Chinese Vice Presidents Talk Economy - Consumer News Story ...
BEIJING (CNN) -- In China on an official visit, Vice President Joe Biden and his Chinese counterpart, Xi Jinping, praised economic and business ties between ...
www.wjactv.com/money/28913663/detail.html
Biden visits China economic boom town - Yahoo! News
Read 'Biden visits China economic boom town' on Yahoo! News. US Vice President Joe Biden ...Full Story »Biden tells China: US will never default on debt ...
news.yahoo.com/biden-visits-china-economic-boom-town-00...

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