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Sep 2, 2011

CHINA Economy News, Sep 02, 2011



China central banker warns global economic risks increasing
Reuters
Ma also warned that "some emerging economies are feeling the consequences of policy contraction, and their rates (of growth) are slowing, and downstream risks to the global economy are increasing," the report said. Ma said those growth risks co-existed ...
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Hong Kong Stocks Decline Ahead of U.S. Employment Report; Esprit Tumbles
Bloomberg
The index retreated 1.2 percent in New York yesterday as banks fell and investors speculated that the US jobs report will show the economy continues to struggle. Li & Fung declined 1.6 percent to HK$14.60. The company's investment rating was also ...
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High price of old-fashioned volatility: Report
Economic Times
Around the world, manufacturing is taking a hit, and the rate of slowing and the suddenness of the move pose a threat not just to the economy, but to financial market valuations. Take Canada, long held up as a model of economic and financial system ...
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In Africa, US Watches China's Rise
Wall Street Journal
"It's quite clear that the model of state-led capitalism is being used as an instrument ofChina's soft power," said Robert D. Hormats, the US State Department's Under Secretary for Economic Affairs. "It's part of a broad notion that China's economic ...
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Wall Street Journal
China: Steadying And Back Chasing Commodities
IBTimes Canada
"Platts-based spot prices averaged $179 in August, up from $175.26 in July, amid weakness in other commodity markets fuelled by worries over a struggling US economy and a crippling debt crisis in Europe." And a report on the Xinhua newsagency website ...
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Copper Halts on China's Falling Export Orders and Global Economy Concerns
Copper Investing News
In an interview with Bloomberg Television, Shen Jianguang, chief economist for greaterChina at Mizhuho Securities Asia Ltd., commented that the number shows thatChina's economy is slowing down, however, inflation pressure is still high, ...
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Copper Investing News
Short-sellers fuel fears on China's growth
ABC Online
MICHAEL TROY: His view appears to be have been backed up in the International Monetary Fund's annual review of China's economy. The IMF report said, "Inflation, real estate bubbles and weak monetary controls pose significant risks to financial and ...
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FTSE live: market report - as it happened September 1, 2011
Telegraph.co.uk
Investors were unsettled by manufacturing data in China and a warning from China'sPremier Wen Jiabao the debt problems in Europe and the US could hurt Chinese exports. He went on to say that the world economy is still fragile. A weaker-than-expected ...
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Telegraph.co.uk
Asia Commodity Day Ahead: Copper Falls on China Demand Prospects
Bloomberg
Gold fell for the first time in three days after a report showing unexpected growth in US manufacturing bolstered optimism in the economy and eroded demand for the precious metal as a haven asset. Gold prices are poised to top $2000 an ounce by ...
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Yuan Declines for Second Day on Concern Global Recovery Slowing
Bloomberg
By Fion Li - Fri Sep 02 02:38:35 GMT 2011 China's yuan fell for a second day on concern that the global recovery is faltering, damping the outlook for exports from the world's second-largesteconomy. Growth in US payrolls slowed in August, according to ...
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Close to 100000 Super Rich Indonesians By 2015: Report
Jakarta Globe
The number of HNWI will continue to grow across Asia, the report suggested. The estimated 1.16 million HNWI in 2010 will more than double to 2.82 million by 2015 with their wealth almost tripling to $15.81 trillion. Economic giant China will have an ...
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Brazil's economic boom drawing immigrant workers home
Los Angeles Times
Over the last decade, Brazil has increased its trade ties with China, which has overtaken the US as the country's main trading partner. High prices for commodities such as iron ore and soy have powered Brazil's economic boom, as have stable ...
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Los Angeles Times
China's economic growth to slow to barely over 8 pct next year: report
Thai News Agency MCOT
1 (Yonhap) -- China's economic growth is expected to slow to barely over 8 percent next year as the world's No. 2 economy will continue to lose steam, a financial report said Thursday. The country's gross domestic product (GDP) grew 9.5 percent on-year ...
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Oil posts mild losses ahead of jobs data
MarketWatch
By Sarah Turner, MarketWatch SYDNEY (MarketWatch) — Oil futures slipped in electronic trading hours in Asia on Friday, ahead of a key employment report that will likely provide some clues about the health of the US economy. On Thursday, oil futures ...
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WB chief warns China of 'middle income trap'
China Daily
WASHINGTON - China's economic growth has been a source of strength in the crisis, but the nation also needs structural changes to stave off a "middle income trap", World Bank President Robert Zoellick said Thursday. The world's economic leaders need to ...
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FTSE LIVE: London shares retreat ahead of US jobs report
This is Money
But US blue chips dropped 1 per cent yesterday, as Wall Street's four-day rally ground to a halt on concerns the imminent labour market report could still show signs the USeconomy was falling into recession. August US non-farm payrolls are forecast to ...
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This is Money
ISM Not Encouraging At All as Market Reaction Suggests
FXstreet.com
Indeed, the details of the report suggested US economy is deteriorating and the manufacturing sector still has high chances of falling into the contractionary territory in September. Meanwhile, manufacturing PMIs showed weakness in most of the ...
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Partisan Politicking Obscures Growth of Solar Power
The Bay Citizen
But industry officials and analysts say the partisan knife fight obscures a larger point: that the very economic forces that helped drive Solyndra out of business — namely competition from Chinese manufacturers — are actually contributing to the ...
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The Bay Citizen
China Chides Pentagon for 'Cock and Bull' Report
IDN InDepthNews | Analysis That Matters
Examples of espionage are listed in the Pentagon report. The report describes China's overall strategic priorities as "perpetuating Chinese Communist Party rule, sustaining economic growth and development, maintaining domestic political stability, ...
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Copper market to keep tabs on Obama jobs plan
Commodity Online
I don't think China is going to have a sharp drop in activity.” China has become the world's largest consumer of the red metal. Melek's firm looks for China's economic growth to continue at a pace of 8% to 9% over the next couple of years, ...
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Father seeks to sell himself, under China's one-child policy
UPI.com
Liang, 63, witnessed the emergence of the one-child policy and its execution ever since, argued thatChina's real childbearing rate should be 1.3-1.5, already “a dangerously low level” for a labor-intensiveeconomy. Starting from 1992, authorities ...
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Mr. President, there is no engineer shortage
Washington Post
This year, China will graduate more than 1 million (and India, close to 500000). But the skills of these engineers are so poor that comparisons don't make sense. We predicted that Chinese engineers would face unemployment. Indeed, media reports have ...
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Chris Berry: Big Multiples Expected for Patient Lithium Investors
Business Insider
He invites readers to receive a complimentary subscription to Morning Notes, which provides analyses of emerging geopolitical, technological and economic trends. Go to www.discoveryinvesting.com. Want to read more exclusive Energy Report interviews ...
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Manufacturing Slows Across the Globe
Voice of America
Manufacturing in China, with the second biggest global economy, remained near a 29-month low. An index of its exports, a bulwark of the Chinese economy, contracted for the first time since early 2009. Factory production also dropped in South Korea, ...
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US Economy Struggling, But Data Suggest No Recession
NASDAQ
Manufacturing activity shrunk in the euro zone, the UK, Australia and South Korea, while there were mixed signals from China. Even with the better-than-expected PMI in the US, the details of thereport were generally weak. The ISM's new orders index ...
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Rodney Cooper: Bullish on Iron Ore and Copper
InvestorIdeas.com (press release)
But given the worldwide economic malaise and a slowdown for China's economic powerhouse, what's his rationale? Cooper talks about his predictions in this exclusive interview with The GoldReport. The Gold Report: Dundee Capital Markets recently revised ...
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The Overnight Report: When Good Is Bad
International Business Times
Of vital importance to economic forecasting is the survey of capex intentions going forward. This number is 18.5% higher year on year. Are we in a two-speed economy? Mining capex intentions are up 45%, service sector intentions are down 2%, ...
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Shen Says China PMI Signals `Decelerating' Economy
Washington Post
1 (Bloomberg) -- Shen Jianguang, chief economist for greater China at Mizhuho Securities Asia Ltd., talks about China's Purchasing Managers' Index and the outlook for the economy and monetary policy. The Purchasing Managers' Index was at 50.9 in August ...
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U.S. Manufacturing Index Shows Expansion Is Continuing, Defying Forecasts
Bloomberg
Another report today showed consumer sentiment declined to the second-lowest level in two years, posing a threat to the household spending that accounts for 70 percent of the economy. The manufacturing report is “one vote for dodging the recession ...
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Stung, Chinese Firms Now Look to Go Private
Wall Street Journal
By DINNY MCMAHON BEIJING—Hundreds of small Chinese companies flocked to US exchanges in recent years, and investors eagerly greeted them as bets on China's surging economy. After a spate of recent scandals—and amid growing investor skepticism—a ...
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ADR Report-Brazil shares jump, bucking trend after rate cut
Reuters
Wall Street's four-day rally also ground to a halt on Thursday as investors turned cautious ahead of a key labor market report expected to underscore fears the economy is headed for another recession. The S&P 500 index .SPX fell 1.2 percent. ...
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Buddy Roemer decries China open trade in jobs pitch
Politico
Declaring that what the country needs is “a crochety old man like me who has clear vision of the facts and wisdom to notice that there's no room to sit safely in the meeting,” Buddy Roemer brought his complaints about the economy right to China's...
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Politico
Hotels & Lodging Industry Outlook - Sept. 2011
Zacks.com
Major growth markets within Asia-Pacific, China and India, remain more or less unaffected by the global economic turmoil and are enjoying rising economic growth rates. The availability of local capital is another positive factor. China is set to bring ...
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Oil Prices Vacillate as Market Eyes Storms
TheStreet.com
By Andrea Tse 09/01/11 - 03:41 PM EDT NEW YORK (TheStreet) -- Oil prices vacillated Thursday as oil traders reacted to a barrage of mixed economic data and tropical storm reports. The October Brent crude oil contract fell 37 cents to $114.48 a barrel ...
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TheStreet.com
Esprit Expects 'Significant' Drop in Net
Wall Street Journal
Seeking to boost its presence outside Europe and expand in a nation with robust consumption growth, in late 2009 Esprit bought out its China joint-venture retail partner for 3.88 billion Hong Kong dollars (US$498 million). It said it aims in the next ...
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Is the World Economy Headed for a Double Dip?
Carnegie Endowment for International Peace
China alone has accounted for 22 percent of world growth since 2000, and a much higher share during the Great Recession. Despite inflationary pressures, its growth—driven by a supply-side transformation—is likely to remain resilient. ...
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Carnegie Endowment for International Peace
U.S. stock futures ease ahead of more data
MarketWatch
See full story. China's manufacturing data show an overall rebound in August, and though conditions indicate just marginal expansion, the numbers support the view that economic growth remains on track. See full story. China's manufacturing data show an ...
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The JPY dropped overnight to a one-week low against the dollar
FXstreet.com
The rally was spurred on by an encouraging manufacturing report out of China, suggesting that the global economy may avoid a double-dip recession. A report released this morning also showed that the net purchase of foreign assets by Japanese investors ...
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AES Closes $1.5 Billion in Non-Recourse Financing for the Mong Duong II Power ...
MarketWatch (press release)
AES has a 51 percent equity ownership interest in the $1.95 billion project, while PSC Energy Global Co., Ltd., a wholly-owned subsidiary of POSCO Power Corp., and Stable Investment Corporation, a wholly-owned subsidiary of China Investment Corporation ...
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China central banker warns global economic risks increasing
By The Huffington Post News Editors
Ma told a financial forum in far western China on Thursday that slower growth in the United States, Europe's debt problems, and Japan's poor economic performance were adding to those global risks, the China News Service reported. "The long- term ... Ma also warned that "some emerging economies are feeling the consequences of policy contraction, and their rates (of growth) are slowing, and downstream risks to the global economy are increasing," the report said. Ma said those ...
The Full Feed from HuffingtonPost.com
XE.com - UPDATE 1-China c.banker warns global economic risks ...
Ma told a financial forum in far western China on Thursday that slower growth in the United States, Europe's debt problems, and Japan's poor economic performance were adding to those global risks, the China News Service reported. ...
XE Forex News
China's BYD to Lay Off 70% of Sales - Industry Economic Report
The news frist emerged in China's Economic Observer News and has now ... y/y to CNY121 million to CNY365 million, reports the state-owned Xinhua news ...
www.ihs.com/products/.../industry-economic-report.aspx?ID...
CNC World - China economic outlook
Economists from China and Singapore jointly release a report about China's economic outlook. Let's see the details. Saturday, economists from Xiamen ...
www.cncworld.tv/.../v.../17585_China_economic_outlook.sht...
Guyana contingent gets ready for Caribbean-China economic forum in ...
Court agrees that Kaieteur News must report fairly. ... the rest of the Caribbean's business community at the 3rd China-Caribbean Economic & Trade Forum to be ...
www.guyanachronicleonline.com/.../index.php?...
China - ISA Country Report by ISA (International Strategic Analysis ...
China - ISA Country Report This report contains detailed forecasts and analysis for China, including trade and investment analysis, economic forecasts, political risk assessments and. ... TheChina Export Survey - August 2010 ...
www.marketresearch.com/ISA.../China-ISA-Country-6504597...
U.S. scholar says China's economy is collapsing and not rising ...
Global Network reporter Julia Tan reported economic strength of China has attracted ... www.f-paper.com Free Paper:Free News, China News, U.S. News, World ...
www.f-paper.com/?i838709-U.S.-scholar-says-Chinas...
Bank of China reports record profits ... - China Economic Review
Bank of China reports record profits, reduction in NPLs ... BoC lending increased 72% between 2008 and 2010, much higher than the 49% growth of rivals ...
www.chinaeconomicreview.com/.../bank-china-reports-record...
China c.banker warns global economic risks increasing - Yahoo ...
China c.banker warns global economic risks increasing. ... poor economic performance were adding to those global risks, the China News Service reported. ...
in.finance.yahoo.com/.../China-c-banker-warns-global-reuters-...
Our Thinking - Goldman Sachs
China's Economy and 5-Year Plan. VIEW VIDEO: Helen Zhu, Goldman Sachs' chief China equity strategist, discusses China's economy and the country's most ...
www2.goldmansachs.com/our-thinking/index.html
China central banker warns global economic risks i... - Silobreaker
NEWS SEARCH ANALYSIS INSIGHT ... What others report on the same story ... [ 3 hours ago - Yahoo! News]. China central banker warns global economic risk. ...
www.silobreaker.com/china-central-banker-warns-global-econ...

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