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Aug 25, 2011

CHINA Economy News, Aug 25, 2011


China media dismiss Pentagon "cock-and-bull" report
Reuters
The annual quarrel over the Pentagon report could, at least briefly, dampen the upbeat tone set by Biden's visit, which focused on economic issues. Fueled by China'sbooming economy, the People's Liberation Army's weapons upgrades in the past decade ...
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Reuters
China Faces Obstacles in Bid to Rebalance Its Economy
New York Times
“China's leaders are committed to altering their country's macroeconomic landscape,” Evan A. Feigenbaum, a China analyst at Eurasia Group, a global consulting firm, said in a statement attached to a report released Aug. 17. “But the country's political ...
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New York Times
Shanghai Composite Rebounds on Record Bank Earnings, U.S. Economic Data
Bloomberg
China currently has 50 subway lines with a total length of 1568 kilometers, according to the report.China Railway Group, the biggest construction company by total assets, rose 1.9 percent to 3.21 yuan. China Railway Construction Corp., builder of more ...
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US stocks extend winning run to third day
MarketWatch
“There have been a couple of economic reports over the last two days, with China, the manufacturing company for the world, reporting a slightly better number, and today, we had durable goods to turn the market's sour mood upside down,” said Mark ...
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BHP books largest ever profit for Australian company
Globe and Mail
Meanwhile, China's economy is slowing as it takes measures to try to prevent itseconomy from overheating. Still, miners are relying on China's continued strong appetite for commodities as they increase production through new mines and acquisitions. ...
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Globe and Mail
Helen O'Malley: Manganese, a Growth Barometer?
Resource Investor
Manganese's many uses in infrastructure and building materials make its market a strong barometer for gauging the world economy. Soaring growth in countries likeChina and India has led to high global demand. In this interview for The Critical Metals...
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Resource Investor
Chinese firms could be at back of line in Libya
Forbes
China's growing economic interests abroad are the main driver for the new pragmatism, although a nascent concern over China's reputation is also considered a factor. One other notable example is Sudan, where China has considerable investments in oil ...
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New Zealand food prices hit 9-month high
FXstreet.com
"There will be no big changes in the basic tone of China's macroeconomic policies. But we must watch out for possible big swings in the economy. Some sectors will see an appropriate easing in policy." China People's Daily Op Ed thought China should put ...
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Behind the statistics, trouble looms in China's export belt
Globe and Mail
“We actually feel confident about China's continued economic growth, although there is more downside risk and uncertainty developing with the world market,” said Sun Junwei, China economist for HSBC, who acknowledged more factories in China's ...
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Globe and Mail
Joe Biden's Visit To China - Analysis
Eurasia Review
The International Monetary Fund had also pointed out in report last month on China's economy that “a stronger renminbi would not necessarily bolster job creation in the United States.” Lastly, at a time when the US dollar is depreciating as a ...
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Eurasia Review
FTSE live: market report - as it happened August 2424082011, 2011
Telegraph.co.uk
In New York on Tuesday, buyers returned to the stock market, searching for bargains on the heels of better-than-expected manufacturing activity out of China and hopes that Federal Reserve Chairman Ben Bernanke may unveil new steps to help the economy...
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Telegraph.co.uk
China Hub Commission stalling tactics
KMOV.com (blog)
by Craig Cheatham (KMOV) -- Eight days ago, I requested copies of reports filed by highly paid consultants for the Midwest China Hub Commission. Kathryn Jamboretz, the Vice President of Marketing & Communications for the St. Louis County Economic ...
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TD puts odds of US stumble at 40 per cent
Montreal Gazette
Canada also has solid underlying forward movement in private-sector job creation and can expect to benefit from the resource orientation of its economy as China's economy grows and high commodity prices continue apace. But the country cannot entirely ...
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Global Dichloroethane Market to Reach 53.8 Million Metric Tons in 2017 ...
San Francisco Chronicle (press release)
With major VCM expansion projects proposed in China, Middle East, and Russian markets, significant growth is underway in these regions. Moreover, in China, with the economy diverting from the acetylene based production technology for VCM manufacture, ...
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CBO report: Higher taxes, lower spending projected to reduce deficit
Daily Caller
Wednesday's report is an update of the CBO's January annual report, which forecast a 2011 deficit of $1.5 trillion and a 10-year deficit of $6.97 trillion. The January numbers were based on a forecast of improved economic growth, which would reach 3.1 ...
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CBO: Budget deficit to hit $1.28T, down slightly
Salon
A review of the financial press suggests a handful of reasons for optimism, including signs that China's economy may not be slowing as quickly as feared, the possibility that Federal Reserve Chairman Ben Bernanke might announce a new effort to juice ...
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Salon
2011 Interim Report
Reuters (press release)
We should remain cautious, however, given the current geopolitical tensions, turbulence on the financial markets and the economic slowdown. We are also witnessing a negative trend in cargo volumes, in particular to China. In the past this proved to be ...
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Australian stock market and companies daily report (August 25, 2011)
Stock Markets Review
... ratings brought back worries related to sovereign debt and the global economic outlook. Financial stocks lost ground in Tokyo, while the Hong Kong market was pulled lower as China Life Insurance fell sharply after reporting downbeat earnings. ...
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Commodities likely to lose ground in August: report
CTV.ca
She said outsourcing of metal manufacturing to China will slow and will increasingly be driven by domestic demand. The metal and minerals price index led the overall gain in July, up 1.6 per cent month-over-month. The report noted that aluminum -- an ...
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CTV.ca
Despite tough economy, passenger rolls flying high at SFO
San Francisco Examiner
Nearly 20 million travelers flew into San Francisco International Airport last fiscal year, about a 4 percent increase from the year prior, according to a new report released by the airport. Recent improvements, including the opening of the hub's ...
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San Francisco Examiner
Could better mobile networks create more US jobs?
CNN International
(CNN) -- Job growth is widely hailed as a necessary component of the US economic recovery. A new Deloitte report contends that by 2016, faster 4G wireless networks could directly create from 371000 to 771000 US jobs. These would mainly be jobs at ...
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Asia Carbon Releases Shareholder Letter
Sacramento Bee
Demand for our newest product, N220-W, has been strong and we expect this to continue asChina's economic growth persists, particularly in the automotive and related sectors. Annual car sales are expected to exceed 20 million units in China by 2015, ...
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China stocks take breather, Aug 24
Chinavestor.com (blog)
This train network operator of the Pearl River Delta region reported better then expected financials thanks to a churning Chinese economy. The Pearl River Delta is China's economic heartland and with GDP growth of 9.6% in the first half of the year, ...
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ADR Report: Wall Street Trades Mixed After Data
NewsyStocks.com
The US stocks trade higher as Wall Street weighed a larger-than-anticipated rise in orders for durable goods against worries about the global economy. The Bank of New York Index for American Depository Receipts' (ADR) was trading lower by 0.53 points, ...
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Saudi petchem stocks attractive
Arab News
However, in the near term, concerns on the global economy could lead to weakness in petrochemical prices and demand. This, along with a decline in petrochemical imports into China, could pressure the performance of petrochemical stocks. ...
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For Corn Farmers, There's Gold In Them There Fields
NPR
by Kathleen Masterson High grain prices and increasing yields have been an economic windfall for farmers. Low stockpiles, the use in ethanol production and orders from China have driven up demand, and are expected to keep corn prices high. ...
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Wall Street looks set for second day of gains
BusinessWeek
Reports on manufacturing in Europe and China boosted sentiment Tuesday. And many investors are hoping Federal Reserve Chairman Ben Bernanke will announce some kind of assistance Friday for the flagging US economy. In premarket trading, UBS AG is up 4 ...
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Caterpillar, GE, and Groupon in China
Chicagomag.com
But that's not what's happening: GE and Caterpillar are increasing their operations inChina to build products for the Chinese market. For instance, from the Bloombergreport: The division should have “double-digit” growth rates as the country converts ...
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Chicagomag.com
ADR Report: Shares Fall As Moody's Downgrades Japan Debt
Wall Street Journal
China Life Insurance Co. (LFC, 2823.TW, 601628.SH), the world's largest life insurer by market value, reported a bigger-than-expected 28% drop in net profit for the first half of the year, citing increased claims and slower premium growth. ...
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June Trade Data: A Worldwide Slowing Of Business Investment
Seeking Alpha
The June trade data, released August 11, by the Bureau of Economic Activity (BEA), showed both a slowing of worldwide business investment and an increased bleeding of US prosperity by China. The slowing of business investment was evidenced by the fact ...
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Brazil, Mexico stocks pull back after rallies
MarketWatch
The Bovespa had fallen as much as 1.5%, and the IPC declined 1%, stepping back from Tuesday's respective surges of 2.6% and 3.2% following encouraging economic data from China and Europe, two key markets for companies throughout Latin America. ...
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Chinese documentary depicts attack against US target
SC Magazine US
In 2009, a report prepared for the US-China Economic and Security Review Commission concluded that the Asian nation is likely using his sophisticated IT systems to spy on America. The reportanalyzed China's information warfare strategy and offered up ...
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China overtakes the US to become the largest PC market
TechSpot
China accounted for 22% of the PCs sold worldwide, with an impressive 14 percent quarter on quarter growth. The opposite happened in the US where PC sales fell 4.2 percent in part due to the weak economy. According to projections ran by the IDC, ...
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TechSpot
African Markets - Factors to watch on Aug 25
Reuters
Ghana will repay its $3 billion loan from the China Development Bank at an interest rate of six-month Libor plus 2.95 percent, according to a Ghanaian parliamentary report on the loan seen by Reuters on Wednesday. TANZANIA BONDS Tanzania sold no ...
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Inside China
Washington Times
This is the essential message Vice President Joseph R. Biden brought to China during an Aug. 21 speech in Chengdu. Addressing China's overdramatized concern about the American economy's inability to recover, Mr. Biden stated that the United States ...
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Washington Times
The golden era: Is it the beginning of the end?
Firstpost
The hope of further economic stimulus — the merits of which are highly debatable — has dimmed some of the shine of gold as a safe haven asset and boosted equity markets. Reuters Prices have eased primarily on growing speculation that the US Federal ...
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Firstpost
Pentagon: China's Technological Advancement Could Be ...
By Jason Ditz
One would assume that China, simultaneously the second biggest economy on the planet and spending the second most of its military annually, is already a “world-class” power in both of those senses, but the report will likely fuel ...
News From Antiwar.com
Bank of China Ltd. (HKG:3988) Result Shows Sound China Economy ...
By Shayne Heffernan
Profit was in line with the 65.8 billion yuan median estimate of nine analysts surveyed by BloombergNews. The state-run bank set aside more funds for defaults after China tightened requirements on property loans and credit to local ...
Live Stock Trading News | Equities,...
NewsDaily: China on track for modern military by 2020: Pentagon
Fueled by its booming economyChina's military growth in the past decade has exceeded most U.S. forecasts. Its aircraft carrier program, cyber warfare capabilities and anti-satellite missiles have alarmed neighbors and Washington. ... The report focused on 2010, a year when the Pentagon saidChina's military modernization program paid "visible dividends." It cited China's fielding of an operational anti-ship ballistic missile, continued work on its aircraft carrier ...
NewsDaily: Top Headlines
Gold rebounds as economy concern spurs demand | China business news
By CBN
Gold rebounds as economy concern spurs demand. Gold today rebounded from its biggest drop since February 2010 in London as concern about slowing economic growth and debt crises boosted demand for the metal as a protection of wealth. ...
China business news
The 4th Media » Hillary to Africa: Please Don't Become a Colony ...
By Kiyul Chung
China does indeed look for resources but its only trade-off is to help African people get the chance to share the benefits of economic development through cooperation with the rest of the world. News reports by Western media have ...
The 4th Media
Semester at Sea Forum on Global Engagement Daniel Piccuta, Sean O ...
By Communications Coordinator
In just 30 years, China has carried out the biggest and fastest of all the industrial revolutions. China'sGDP (gross domestic product) surpassed Japan in 2010 making China's economy the second largest in the world. ...
Institute For Shipboard Education Blog
US warns: China expanding its maritime power - Interaksyon.com
By Dan De Luce, Agence France-Presse
"The evolution of China's economic and geostrategic interests has fundamentally altered Beijing's view of maritime power," the report said. While Chinese leaders continue to prepare for a potential conflict with Taiwan, they now see a ... The document estimated China's overall military-related spending was more than $160 billion in 2010, and that its military budget grew at an average of 12.1 percent over the past decade -- outpacing the country's economic growth at 10.2 ...
Interaksyon.com
Asia stocks rise after data drives Wall Street up (AP) | Wall ...
By Yahoo! News: Stock Markets News
In other sectors, mining shares were down as gold prices come off their recent highs amid improvedeconomic news. Hong Kong-listed Zijin Mining Group, China's largest gold miner, lost 2.4 percent. Stronger durable goods orders resulted ...
Wall Street Financial News
US warns China expanding its naval power | Navy News at DefenseTalk
"The evolution of China's economic and geostrategic interests has fundamentally altered Beijing's view of maritime power," said the document, an annual report on China's military. While Chineseleaders continue to prepare for a ...
DefenceTalk News and Videos
China Report Notes Military Modernization | Military Online ...
By admin
China Report Notes Military Modernization - Military News from DoD China's military is modernizing, but the Chinese government needs to be more. ... The United States is working to engage China ineconomic, peacekeeping and humanitarian areas, among others, Schiffer said. A good military-to-military relationship is one part of that engagement, he added, noting that China is working with the international community, for example, to counter piracy off the coast of Somalia ...
Military Online Colleges & Universiti...
U.S., Chinese Vice Presidents Talk Economy - Project Economy News ...
BEIJING (CNN) -- In China on an official visit, Vice President Joe Biden and his Chinese counterpart, Xi Jinping, praised economic and business ties between the two countries, but said that obstacles... Credit Reports · 2010 Cars ...
www.thebostonchannel.com/money/28913663/detail.html
China – Saving Grace for World Economy!
India to become 3rd largest Economy by PPP in the world by 2012 · India Economy Survey 2010[Report] · India Beats China to be Crowned World's Small Car Hub ...
trak.in/tags/business/2011/08/24/china-world-economy/
China pledges no economic hard-landing CCTV News - CNTV English
China´s economy will not see a hard-landing but instead be stable with ... 08-19 -2011 17:46 BJT Special Report:US Vice President Joseph Biden visits China | ...
english.cntv.cn/20110819/110153.shtml
China's Economic News - Page 3
Lenovo's size is scaling upwards in lockstep with Chinese economic growth. ..... by the end of2010, according to the The World Investment Report 2011, ...
www.chinesedefence.com/forums/f16/chinas.../index3.html

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