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Aug 29, 2011

CHINA Economy News, Aug 29, 2011

China's Stocks Raised to 'Overweight' at Macquarie on Inflation, Economy
Bloomberg
“China's policymakers are likely shifting back to a more balanced emphasis on both growth and inflation,” Michael Kurtz, Hong Kong-based head of Asian strategy at Macquarie, said in a reportdistributed on Aug. 27. “The mere fact that inflation is now ...
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Malaysia seen faring better than global economy
Malaysia Star
In an economic update report, AmResearch senior economist Manokaran Mottain ruled out the possibility of Malaysia's economy falling into a double-dip recession, saying robust levels of domestic demand along with ample liquidity will further drive ...
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China Smart Grid Report Released
EarthTechling
The policy, Smart Grid Developments in China's Current Situation and Prospects, also offers suggestions on the acceleration of clean technologies in China. Smart grid business is helping lead the low carbon economy in China, according to reports. ...
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EarthTechling
Opposition Leader Tony Abbott's plan to deregulate the economy
NEWS.com.au
"Particularly by defeating union militancy, previous governments made it possible for Australia to make the most of the opportunities provided by the China boom." But "union militancy" was not an issue according to Paul Howes, national secretary of the ...
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A tripartite arrangement
The Express Tribune
Snubbed by the United States, Pakistan has turned to China for economicassistance, military support and simply for some encouragement in what Islamabad considers to be a very 'unfriendly world'. The two countries have developed what both call an “all ...
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The Express Tribune
No Need to Panic Over China Local Government Debt, NDRC Says
Bloomberg
China's rapid economic growth has left the government in a strong fiscal position, Xu said. “Of course, this does not mean the government can borrow uncontrollably,” he said. “The key is to control the investment and debt within reasonable limits, ...
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Australian Dollar Holds Near Week-High After Bernanke Boosts Risk Appetite
Bloomberg
26 signaled the economy isn't weak enough to warrant additional stimulus. US consumer spending is likely grew 0.5 percent in July according to economists surveyed by Bloomberg before today's Commerce Department report. Benchmark interest rates are 4.75 ...
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High tide for Brazilian yacht market
The Associated Press
The number of millionaire households in the nation of 190 million will have increased 230 percent to more than 1 million by 2020, according to the Deloitte report. China'sfigure will rise 91 percent to 2.5 million, Russia's by 221 percent to 1.2 ...
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The Associated Press
Why Obama Can't Support A Real Jobs Program
Forbes
My specialties are Russia and Comparative Economics, and I am adding China to my portfolio. I have written more than 20 books on economics, Russia and comparative economics. My latest book is "Politics, Murder, and Love in Stalin's Kremlin: The Story ...
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China's SAIC Motor first-half net profit up 46%
Economic Times
"There are many uncertainties in the macro-economy, particularly variables in the recovery of the global economy," the company said in the report. "The domestic inflation situation remains severe and a quick pick-up in consumer confidence is unlikely, ...
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The week ahead: Jobs, debt, and data
Mail & Guardian Online
The global economy is not growing fast enough, the risk of recession is rising and policymakers must act swiftly and decisively to avert disaster. So says Christine Lagarde, head of the International Monetary Fund. As the economy enters a "dangerous ...
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Disaster looms for Labor in Queensland
The Australian
The Sydney Morning Herald reports: THE NSW financial position has deteriorated by hundreds of millions of dollars since April, the Treasurer, Mike Baird, has warned, as consumer spending tightens during uncertain economic conditions globally. ...
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Singapore Vulnerable If US Falls Into Recession
CNBC.com
Singapore's economy could get a shock if the US falls into recession, warned both ratings agency Fitch and investment bank, Daiwa Capital Markets. According to a Fitchreport released Friday, if there is a recession in the US, Singapore “would ...
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CNBC.com
Asia stocks start week on positive note
Financial Times
But banks underperformed the market after economists said China broadened the base of reserve requirements. Bank of Communications and Agricultural Bank of China each fell 0.8 per cent. Thereport also hurt mainland banking shares with Industrial ...
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China's Third-largest Life Insurer Reports 45-pct Rise in H1 Net Profits
CRIENGLISH.com
The company's investment return rate stood at 4.4 percent over the past six months, the reportadded. The company said in its report that it expects costs to go up over the second half of the year due to global economic conditions affecting China's ...
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Investor signposts – week beginning 28 August 2011
Switzer Financial News
Certainly manufacturing has been in decline for decades with Australia evolving to a more service-based economy, just like other advanced economies. However, now theeconomy is being confronted with another change. China is in the ascendancy with ...
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Switzer Financial News
German economic growth forecasts are downgraded
Herald Scotland
China and India will drive growth next year with rates of 7.4% and 7.6% respectively, while it is forecast that the eurozone will grow below 2% until 2015, with German weakness hampering deficit reduction attempts across the single currency area. ...
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US Posted a Trade Surplus in Solar Technologies, Study Finds
New York Times
But he attributed this to a weak global economy that had slowed growth in demand for solar power. “It's not necessarily anything to do with the US being competitive,” he said. China is trying to build its own industry to produce solar manufacturing ...
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Heavy duty China
Business Recorder
According to the report, China has steadily increased its share of global manufactured exports by around one percent per year. With Chinas iron curtain lifted in 1992 amidst new economic reforms, the country became a crucial trading partner for the ...
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China will not kowtow to US
The Sun Daily
THE South China Sea is hogging the headlines again. An Australian think-tank has warned thatChina's assertiveness in Asia-Pacific waters, for example, could lead to conflicts involving the US and other powers. In its 2011 report, the Sydney- based ...
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Poly Real Estate posts 72% gain in H1 net profits
China Daily
The company expected China's economic growth to face a bigger challenge in the second half of the year because of the complicated global political and economic environment. "The sovereign debt crisis in Europe and United States as well as political ...
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Sohu.Com Announces US$100 Million Stock Purchase Program
PR Newswire (press release)
Potential risks and uncertainties include, but are not limited to, the current global financial and credit markets crisis and its potential impact on the Chinese economy, the uncertain regulatory landscape in the People's Republic of China, ...
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China mutual funds lost $19.6 bn in H1 on stocks: Report
Economic Times
China's benchmark Shanghai Composite Index fell 1.6 percent in the first half of this year, due mainly to a slew of economic cooling steps, including increases in interest rates and bank reserve requirement ratios. In the first half of 2010, ...
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Unemployment claims Have Fallen But the Economy is Stagnating. What we need to do.
Ideal Taxes Association
To give the BLS credit, it also reports the actual number of initial claims. Due to laziness apparently, the media never report anything except the seasonally adjusted figure, which is a statistician's estimate of what the claims would have been if you ...
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Weighing up costs of expanding waistlines
Independent Online
While food intake should be a matter of personal choice, obesity has economic implications. Reuters quoted Barry Popkin, a professor of nutrition at the University of North Carolina: “In China, the economic costs of obesity are enormous, ...
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Our Voice: In wake of Evergreen's bankruptcy, reports of alternative energy's ...
MLive.com
That is especially true in a tough economy. The writing was on the wall for Evergreen in January when the company announced the closure of its Massachusetts factory. At the time, it cited heavy competition from China and dropping prices. ...
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Overnight Market Report - 9.00am
IG Markets CFD Trading
With all but approximately 25 companies due to report their results before next Wednesday, the market's focus is going to quickly return to the macro issues that have driven the recent volatility. It's a huge week for US economic data, ...
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China's Solutions To Its Many Environmental Problems
Care2.com (blog)
by Gina-Marie Cheeseman China has major environmental problems, as a new Worldwatch Institutereport details. The number one emitter of greenhouse gas (GHG) emissions, China deals with major pollution. Seven Chinese cities made the list of the top ten ...
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JinkoSolar Expands in Europe
CleanTechnica
China's JinkoSolar Holding Co. announced the opening of a new European branch in Zug, Switzerland last week, the latest move by Chinese PV manufacturers to expand their operations globally. Sharp drops in solar PV system materials and components have ...
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Malaysia stock market and companies daily report (August 29, 2011)
Stock Markets Review
The collaboration agreement was entered into with the objectives of sharing knowledge and expertise, leveraging on respective core competencies, and exploitation of economic opportunities jointly. Significance: The acquisition of shares in E&O is ...
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Emerging-Markets Stocks Rise for Second Day on U.S. Outlook
San Francisco Chronicle
The world's biggest economy expanded less than previously estimated in the second quarter, a government report on Aug. 26 showed. "There are clearly a lot of concerns," said Rosgen. "If you compare the concerns with what's in the price, ...
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'Kim's trip to neighbors successful'
Korea Times
... the project as Pyongyang could use it as leverage against Seoul. Kim's trip included tours of a Siberian hydroelectric plant as well as industrial facilities in China'snortheast. Beijing is pushing for its ally to follow its path of economic reform.
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Korea Times
What Does The Growing Spread Between WTI and Brent Crude Oil Mean for Energy ...
Seeking Alpha
China's Purchasing Managers Index (PMI) for manufacturing has declined steadily over the past year but remains above 50. The next release doesn't come out until next week, but a few advance data points indicate that the Chinese economy is already ...
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BRIC markets drive growth in business travel - new GBTA report
MoodieReport
According to the study the global economic recovery is occurring at two different speeds and that is reflected in the recovery of global business travel. Compound annual growth in business travel spending in Brazil, Russia, India and China (the ...
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MoodieReport
IF SALT LOSES ITS SAVOUR
Calcutta Telegraph
Given the close interlink the Asian countries have developed with the US economy, this could be equally disastrous for them, including for India. That China would be a co-victim could provide zero solace. The finance minister's 'fundamentals' would go ...
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Calcutta Telegraph
Global Warming Cools off as a Top Concern
MarketWatch (press release)
"During this period, Nielsen's Global Online Consumer Confidence Survey found heightened American consumer concern around the economy, rising gas prices, and debt," said Todd Hale, SVP Consumer & Shopper Insights, Nielsen US "With financial concerns ...
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Adjust, but keep EMBA
Springfield News-Leader
11:00 pm Make no mistake, Missouri State University is on the right track in its efforts to build academic, economic and cultural ties to China. MSU's programs -- both here and in China -- provide important opportunities for students and faculty, ...
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Weekly forecast financial market Economic news calendar 29 ...
By Lior
Here is an economic news calendar for the week of August 29th to September 2nd that highlights the main news items and reports related to U.S, Euro zone, China and Canada. (all times GMT): Monday 29th of August 13:30 – ECB conference ...
Trading NRG
The China Alternative: Cambodia | China Briefing News
By China Briefing
China Briefing. China Briefing is a monthly magazine and daily news service about doing business inChina. We cover topics relating to the Chinese economy, the market in China, foreign direct investment and Chinese law and tax. It is written .... For example, a story came out this year about government action against two NGOs who were highlighting the negative effects of a US$84 million railroad investment, funded in part by the Asia Development Bank, on displaced families. ...
China Briefing News
Poly Real Estate posts 72% gain in H1 net ... - China Business News
By CBN
The company expected China's economic growth to face a bigger challenge in the second half of the year because of the complicated global political and economic environment. “The sovereign debt crisis in Europe and United States as well ...
China business news
Baidu shares plunge on negative CCTV report | China Economic ...
The news was reminiscent of media reports in 2008, which accused Baidu of leading patients to ...Episode 8: Can China hold up the world economy? ...
www.chinaeconomicreview.com/.../baidu-shares-plunge-negat...
China May Have Technological, Economic Edge Over India in 2025 ...
As India and China continue to grow in prominence, each nation has certain ... News Releases » 2011 » China May Have Technological, Economic Edge Over India ... The RAND study assesses the relative attainment and prospects of China ...
www.rand.org/news/press/2011/08/22.html
The Conference Board Leading Economic Index® for China Rose ...
The Conference Board Coincident Economic Index® (CEI) for China, which measures current ... The Conference Board Leading Economic Index® for China was launched in May 2010. .... Wind Energy Industry Today, Company Daily Reports ...
finance.einnews.com/.../506617-the-conference-board-leading...
SPECIFIC TERMS OF REFERENCE EU-CHINA ECONOMIC ...
Monitoring of and reporting about key economic developments in China and ... economies – in2010 China has become the world's largest exporter, and has ...
www.gdsi.ie/.../FW1-055-%20CH%20Tors_Economic_Observ...

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