CHINA Economy News, Aug 24, 2011

Factories slow down in China, Europe Globe and Mail From Europe to China, key elements of the global economy are gearing down as demand sags and factories hold back on production. In the 17-nation euro region last month, a composite index of purchasing managers in manufacturing and services stayed at ... See all stories on this topic » Globe and Mail Copper Futures Climb as Report on China Manufacturing Eases Growth Concern Bloomberg By Yi Tian and Agnieszka Troszkiewicz - Tue Aug 23 17:59:18 GMT 2011 Copper rose the most in more than a week in New York after a report on Chinese manufacturing eased concerns that theeconomic slowdown is deepening. A Chinese manufacturing index ... See all stories on this topic » More US financial firms compete to manage Hong Kong's wealth USA Today Analysts fear that China's economy, in particular, could be brought down by asset bubbles, which could ripple through Asia and the global economy. That's why, for companies establishing or expanding their foothold here, "It's very much a long-term play ... See all stories on this topic » USA Today China passes US in quarterly PC sales, survey finds Los Angeles Times China accounted for 22% of the world's PC market in terms of shipments, while the US held a 21% share, the report said. The data show how US personal computer sales have slowed dramatically as sales of tablet computers and smartphones have risen. ... See all stories on this topic » Los Angeles Times London Session: Afternoon report: Markets curb their enthusiasm FXstreet.com by Kathleen Brooks - FOREX.com | View company's profile The latest round of economic data has helped to calm investors' fears that a double dip is around the corner. China's latest PMI manufacturing survey rose slightly to 49.8 from 49.3 last month, ... See all stories on this topic » Rand Gains After China Manufacturing Report Eases Global Growth Concerns Bloomberg By Robert Brand - Tue Aug 23 08:47:22 GMT 2011 The South African rand advanced versus the dollar for the second day in three after a report on manufacturing in China eased concern the globaleconomy is losing momentum. The rand strengthened as much as ... See all stories on this topic » HP PC spin off will impact local firms, MOEA report says Taipei Times By Amy Su / Staff Reporter Global PC giant Hewlett-Packard Co's (HP) plan to spin off its personal computer business would affect Taiwan's PC supply chain, the Ministry of Economic Affairs (MOEA) said in a preliminary analysis, adding that the nation ... See all stories on this topic » ADR Report: Shares Higher As Solar Cos Rally Wall Street Journal Network operator China Telecom Corp. (CHA, K3ED.SG, 0728.HK) Tuesday reported slightly better-than-expected first-half net profit growth as subscriber numbers for its mobile services grew in the face of intensifying competition. ... See all stories on this topic » U.S Stock Futures Rise on Fed Stimulus Speculation, China Manufacturing Bloomberg The four-week global equity rout has erased $8 trillion from share values as Europe's debt crisis and worsening economic reports raised concern the global economic recovery is faltering. Stocks briefly pared gains today after a 5.8-magnitude earthquake ... See all stories on this topic » Helen O'Malley: The Manganese Market, a New Economic Growth Barometer? Business Insider The Critical Metals Report: Economists often use the price of copper as a barometer of globaleconomic health because of its many uses in infrastructure and building materials. Could manganese prices be an even more effective barometer of global ... See all stories on this topic » The Overnight Report: Wall Street Rocks IBTimes Canada Yesterday's 2% rally in Australia began with some strong corporate earnings reports, kicked on with a "positive" PMI estimate from China, and accelerated on the first real sign the RBA will not be raising rates anytime soon. There have been some duds ... See all stories on this topic » Mainland stocks boosted by PMI China Daily By Irene Shen (China Daily) SHANGHAI - Stocks on the Chinese mainland jumped the most in seven weeks on Tuesday. The advance came after a report on manufacturing eased investor concerns that the economic slowdown is deepening and as speculation ... See all stories on this topic » Oil Prices Thrust Higher on Bernanke Fervor TheStreet.com By Andrea Tse 08/23/11 - 12:21 PM EDT NEW YORK (TheStreet) -- Oil prices were pushing higher Tuesday on promising global economic data in the lead up to Federal Reserve chairman Ben Bernanke's much-anticipated speech this Friday. ... See all stories on this topic » TheStreet.com Chinese consumer confidence slips China Daily By Hu Yuanyuan (China Daily) BEIJING - Chinese consumer confidence slipped 3 points to 105 in the second quarter. It's the first decline this year and comes amid concern over growing inflation, according to a report by The Nielsen Co released on ... See all stories on this topic » Revive Domestic Manufacturing To Get America Working California Progress Report It was still 20 percent of the nation's economy eight years later when China was granted most-favored-nation trading status. We're all too familiar with how the story of American manufacturing goes from here. Some key points of that story: More than ... See all stories on this topic » California Progress Report Copper Rises on Speculation Fed Will Act to Spur U.S. Economy San Francisco Chronicle The gauge "is close to expansionary territory," Commerzbank AG said in a report. Imports of scrap and refined copper into China in July rose from the previous month and were above the year-to-date average, customs data showed yesterday. ... See all stories on this topic » Hu Says China Must Cut Reliance on Land for Growth, Xinhua Says Bloomberg By Bloomberg News - Wed Aug 24 06:43:33 GMT 2011 Chinese President Hu Jintao called on the nation to reduce its dependence on land resources to fuel growth in the world's second-biggesteconomy. At a meeting of the nation's top political leadership, ... See all stories on this topic » Relentless Rally: Traders Unshaken by Quake, Economy Fox Business However, a dismal reading of the more closely-watched Philadelphia Fed report foreshadowed these data. Manufacturing in China, one of the world's largest economies, continued declining for a second straight month in August according to HSBC's China ... See all stories on this topic » Markets shake off negative data Vancouver Sun By Kim Covert, Postmedia News August 23, 2011 9:00 PM "Equity markets roared their approval for the better-than-expected, better-thanfeared readings on Chinese and European sentiment indexes supporting an improved outlook on the global economy," wrote ... See all stories on this topic » 'India may have competitive edge over China' Rediff India has better chances than China in enhancing its competitive position in the next two decades as the country's political-economic system provides an environment more conducive to entrepreneurial, innovative and inventive activity, an influential US ... See all stories on this topic » Rediff Qaddafi's fall could be economic boon for Europe MarketWatch But oil isn't the real story. The real prize is a new, vibrant economic region just a few miles from Europe's southern Mediterranean coastline. Investors haven't focussed on North Africa much in the last decade. Most people in the global markets would ... See all stories on this topic » China Investment Summit Forbes Foreign direct investment (FDI) will also continue to drive China's economy. According to a United Nations report, China was the second-largest recipient of FDI in 2009, attracting $95 billion, behind the US with $130 billion. ... See all stories on this topic » Precious Metals, Miners Lower Amid China, EU Economic Data Investorplace.com US new-home sales for July broke the string of the day's positive economic reports. The US Census Bureau reported that purchases of new homes fell 0.7%, less than a consensus forecast by economists of a 1% increase. June new-home sales were revised ... See all stories on this topic » Asia Stocks Drop as Fed Stimulus Uncertainty Sows Risk Aversion San Francisco Chronicle A report yesterday that showed US home sales in July fell to the lowest in five months, increased optimism Fed Chairman Ben S. Bernanke will announce a plan to stimulate the economy at the Jackson Hole meeting. China Life Insurance Co., the nation's ... See all stories on this topic » Audi, BMW and Mercedes-Benz: Unstoppable, for now CarAdvice And, while China has a healthy thirst for luxury cars and SUVs, a report emerged last week that Toyota managed to sell only one Toyota Prius hybrid there last year. Remember, this is the world's number-one mass-produced hybrid vehicle from the company ... See all stories on this topic » CarAdvice India to construct seven new ports for $7.6 bn to help triple exports Financial Times (blog) China's manufacturing may contract at a slower pace in August as the world's second-biggesteconomy weathers slumping global confidence, Bloomberg reports. A preliminary reading of 49.8 for a manufacturing index released by HSBC Holdings Plc and Markit ... See all stories on this topic » Wall Street Report: Global Markets Gaining, US Stock Futures Up KBOI ... Tuesday after reports on Chinese and German manufacturing activity proved better than expected, calming fears of a sharp slowdown in global economic growth. Japan's Nikkei index rose 1.22 percent, Hong Kong's Hang Seng climbed 1.99 percent, China's ... See all stories on this topic » Mid-Day Update: Stocks Rise as Upbeat Economic Data Abroad Trumps Weak U.S. ... NASDAQ Stocks are higher at mid-day as better-than-expected economic data out of China and Europe trumped disappointing housing data in the US The major indexes are firm, with all three major indexes up near, or exceeding, 2% gains. Optimism over possible new ... See all stories on this topic » Franc Weakens Versus Most Counterparts as Stocks, Reports Damp Safety Bid Bloomberg A measure of service-sector business in France rose to 56.1 in August from 54.2 in July, MarkitEconomics said today. China's manufacturing contracted at a slower pace in August, a separatereport showed. A preliminary reading of 49.8 for a ... See all stories on this topic » Codelco Bets China Growth Will Justify $20 Billion Copper Mine Investments Bloomberg Prices for the metal rose the most in more than a week yesterday after a report on Chinese manufacturing eased concern that an economic slowdown is deepening. Chinese imports of refined copper rose for a second month in July, while inbound shipments of ... See all stories on this topic » Moody's cuts Japan rating, blames politics GMANews.TV Japan is now the same level as China, which surpassed it last year to become the world's second-largest economy, and one notch below Italy and Spain. "Over the past five years, frequent changes in (Japan's) administrations have prevented the government ... See all stories on this topic » Forex Technical and Fundamental Analysis for August 24, 2011 Inside Futures ... a report from the Reserve Bank of New Zealand. Meanwhile, the New Zealand dollar also advanced as equities gains boosted demand for the commodity currencies along with cheerful data about the Chinese economy, where China' industrial production ... See all stories on this topic » China enters the Middle East Jerusalem Post The visit “signals warming bilateral ties,” writes the official China Daily, somewhat innocuously. For years this rising super-power has been entering the Middle East as quietly as possible, strengthening its economic, political and military presence, ... See all stories on this topic » Dollar slips on weak housing data Sacramento Bee But a handful of better-than-expected economic reports, including Markit's composite purchasing managers index, from Europe and China helped ease fears about the global economy. "Last night's Chinese PMI report and this morning's Eurozone PMI numbers ... See all stories on this topic » China Manufacturing Picks Up - Project Economy News Story - WMUR ... NEW YORK (CNNMoney) -- China's manufacturing sector improved in August, but growth remains sluggish, according to a bank report issued Tuesday. Tuesday, August 23, 2011. WMUR.com Copper futures climb as report on China ... - China Business News By CBN Copper rose the most in almost a week in New York after a report on Chinese manufacturing eased concerns that the economic slowdown is deepening. A Chinese manufacturing index released by HSBC Holdings Plc and Markit Economics showed a ... China business news Fuel Fix » Oil above $85 on economic news and weaker dollar By Associated Press NEW YORK — Oil rose above $85 per barrel today on encouraging economic news from Asia and Europe. Prices climbed following reports of better-than-expected manufacturing activity in China and Europe. And stocks rose in the U.S. ahead of ... Fuel Fix Stocks Headed For A Strong Open - Project Economy News Story ... By 4029tv The index rose to a two-month high, and investors took that as a sign that China's "economy remains weak but that growth is at least stabilizing," said Mark Williams, senior China economist at CapitalEconomics. ... CRS — China – U.S. Trade Issues « Full Text Reports… By fulltextreports U.S.-China economic ties have expanded substantially over the past three decades. Total U.S.-China trade rose from $2 billion in 1979 to $457 billion in 2010. China is currently the second- largest U.S. trading partner, ... Full Text Reports... Trinidad and Tobago Government News - Feature Address by the ... According to a report written by the United Nations Economic Commission for Latin America, China's 2010 direct investment in Latin America and the Caribbean exhibited the following characteristics: 1.China was the third largest Latin ... Trinidad and Tobago Government News What American Companies Need to Know to Profitably Do Business ... By goldennetworkingcorp China Leaders Forum 2011, "How American Companies Can Plug into the Chinese Rocket-PropelledEconomy?" (http://www.ChinaLeadersForum.com), ... Are you a Journalist, Blogger, News Consumer or Investor who would like to receive regular updates when new press releases are published to Your-Story.org? Look no further for free subscription methods: Follow the Your-Story.org Twitter;; "Like" Your-Story.org on Facebook;; Subscribe to all RSS;; Subscribe by email;; Subscribe to ... Your-Story.org China Manufacturing Picks Up - Money News Story - KERO Bakersfield It is being closely watched by economists and investors for signs of strength, since that would have a significant impact on the international economy. The China report is based on monthly questionnaires sent to purchasing executives in ... TurnTo23.com - Money RSS Oil above $85 on economic news and weaker dollar « Breaking News ... By Breaking News NEW YORK (AP) — Oil rose slightly today on encouraging global economic news. Prices climbed following reports of better-than-expected manufacturing activity in China and Europe. And stocks rose in the U.S. ahead of an expected ... Breaking News & Updates China to the rescue? The property market says no | beyondbrics ... By Simon Rabinovitch Instead Beijing is showing unexpected resolve in its campaign to cool the once-sizzling property market, (potentially) China's economic kryptonite. The importance of the Chinese property sector cannot be overstated. Property construction directly accounts for nearly 15 per ... China Securities Journal, an official newspaper, reported on Tuesday that the government will expand restrictions on home purchases by the end of August, implementing them in about 30 new cities. ... beyondbrics XE.com - GLOBAL ECONOMY - Europe stagnant as China cools slightly ... Economic growth is stagnating in Europe and cooling slightly in China, according to surveys of business activity released on Tuesday, fuelling concern about the risk of a global slump as Western governments struggle to cope with their debt ... Search for a news provider, date, or keywords. NewsProviders: Thompson Financial, AP, XFN-Asia, Daily FX, Reuters Date format: yyyy-mm-dd. Refresh Articles. GLOBAL ECONOMY - Europe stagnant as China cools slightly, PMIs show ... XE Forex News Crude oil rises above US$85 on favourable economic reports; weaker ... Prices rose following reports of better-than-expected manufacturing activity in China and Europe. And stocks rose in the U.S. ahead of an expected announcement from the Federal Reserve on Friday to further stimulate the U.S. economy. ... Oilweek Online US Stock Futures Advance following Encouraging Economic Data from ... By edliston US Stock Futures Advance following Encouraging Economic Data from China and Anticipation over Bernanke speech on Friday. Posted on August 23, 2011 8:46 am by edliston. The US stocks futures are pointing upwards as the speculation is rife that Federal ... Goldman Sachs (NYSE: GS) shares started plunging late in Monday's regular session following a report that its chief executive, Lloyd Blankfein, had appointed an attorney who specializes in white-collar criminal defense. ... Stock Market News It is quite telling that the S&P 500 has fallen far less than the ... By Daniel It is quite telling that the S&P 500 has fallen far less than the BRIC markets: the S&P 500 is 16% off its highs, while Brazil is off 23%, Russia is off 22%, China is off 20%, and India is off 28%. August 24th, 2011. by Phoenix Capital Research. One of the primary arguments that the world is in “recovery” comes from the decoupling argument: namely that emerging market economies have grown to the point that they will hold up even if there's a downturn in the US economy. ... InvestmentWatch - The best source... China to support Hong Kong economy | News.com.au CHINA'S vice-premier has announced measures to boost Hong Kong's economy in a show of support for the Chinese territory's government as it struggles with ... www.news.com.au/...to.../story-e6frfku0-1226117033130 News Hub: Markets Report; China's Economy Contracts Slightly ... WSJ's Michael Casey reports China's economy pulled back a bit in early August. Also, 2-year Treasurys go on auction today in advance of this week's address ... online.barrons.com/.../291DB1A0-87BC-4158-B712-347EB6... email: info@als-alexander.org or interalex2@gmail.com