Today: CHINA Economy News, Sep 03, 2011

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Sep 5, 2011

CHINA Economy News, Sep 03, 2011

Asian stock markets down on dreary US jobs report
The Associated Press
The sour jobs report came on top of Europe's debt problems, which are still dragging on. Meanwhile, China's economy is showing signs of slower growth. Those problems could weaken global demand for many kinds of commodities including oil and metals....
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The debate to chart China's economic strategy
Daily News & Analysis
Amidst reports of a likely global economic downturn, China's leadership is additionally confronted with growing inflation and rising food prices. Inflation accelerated last month to its fastest pace in three years, with consumer prices rising by 6.5%. ...
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Crude Oil Extends Declines in New York on Concern Global Economy to Weaken
Bloomberg
2 after a report showed US employment stagnated. Crude also declined as Exxon Mobil Corp. and Royal Dutch Shell Plc returned workers to some oil and natural gas platforms after Tropical Depression Lee moved out of the Gulf of Mexico. ...
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China needs to rebalance economy Zoellick
Moneycontrol.com
China's structural challenges occur in the current international context of slowing growth and weakening confidence," he told a conference here. He said globaleconomic indicators make for a bleak reading. A monthly report by the European Commission ...
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Moneycontrol.com
Asian Shares Tumble on US Recession Fears
Wall Street Journal
... US dollar after Friday's grim US jobs report heightened concerns of a recession in the world's largest economy. Adding to the global gloom, China's shares continued to lose ground on persistent worries about further tightening steps from Beijing. ...
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Chinese state media walk a tightrope in coverage
Los Angeles Times
Up until 24 hours before Mubarak resigned, the Cairo correspondent of China's CCTV was declaring on air that CNN and BBC were wrong and that Mubarak would survive. By the time it was Moammar Kadafi's turn, notwithstanding China's economic ties to Libya ...
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Why Americans do not know much about Chinese brands?
Forbes (blog)
By PANOS MOURDOUKOUTAS Growing by leaps and bounds, China's economyhas been the envy of the world, especially at a time most countries are floundering in the swamp of stagnation. The same couldn't be said for most of China's big enterprises, however, ...
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Forbes (blog)
Copper Market May See Shortage of Supplies for Third Year on China Demand
Bloomberg
By Jae Hur and Ichiro Suzuki - Mon Sep 05 02:48:13 GMT 2011 Copper, used in wires and pipes, has climbed 18 percent in the past year, reaching a record $10190 a ton in February, as the globaleconomy recovers from its worst recession since World War II ...
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Asian shares drop following poor US jobs data
Financial Times
Hong Kong's Hang Seng index was off 2 per cent while China's Shanghai Composite index fell 1.1 per cent. Data released on Friday showed the US economy failed to add jobs in August, with a feeble 17000 new jobs created in the private sector offset by ...
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GLOBAL ECONOMY WEEKAHEAD-Caught in a policy dilemma
Reuters
"It's not merely some price bumps along the way, it's really the rapid expansion of China's money supply," he said in a Reuters Insider interview. Growth may be slowing across the big emerging markets, but it is still strong. China's economy grew 9.5 ...
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Ballarat Trades Hall slams economy report
Ballarat Courier
BY EMILY OSMOND A REPORT presented to government last week may change the face of Ballarat's economy, according to a local trade group and manufacturing company. Ballarat Trades Hall president Brett Edgington said the effect of the Victorian ...
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Gold demand down by 17 per cent
Pakistan Observer
Almost half the pull came from the jewellery segment with buyers from India, China, Saudi Arabia and USA topping the list. These four countries together made up 46 percent of the world demand. Indias mushrooming economy, up-coming festivals and ...
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Dollar Debt Drops Most Since 2008 on Loan Jitters: China Credit
Bloomberg
The world's fastest-growing major economy is also showing signs of cooling. Manufacturing growth held near a 29-month low in August, according to data released last week by the China Federation of Logistics and Purchasing. A separate HSBC report ...
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Highway to the danger zone: The economic week ahead
Mail & Guardian Online
Also on Thursday, China will release a slew of economic information, including industrial production data, consumer price index (CPI) and producer price index (PPI) figures and retail sales numbers. News reports will likely focus on the two inflation ...
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IMF on China: Strategic player, reforms needed
Xinhua
That's according to an IMF "Spillover Report", looking at the external effect of China's domestic policies. The IMF says Chinese economic policies affect, and help stabilize the world economy, mainly through trade. However, the report also says China's ...
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Expert: Car license lottery has affected economic growth
China Daily
He was speaking at the seventh annual international forum on China's auto industry development, held Friday to Sunday in Tianjin. In his report, which was delivered during a roundtable meeting on Friday, Yao said the real estate slump and the ...
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China bought back a lot of BofA assets: report
Reuters Canada
There has been concern that loans and other assets held by CCB and other Chinese banks are vulnerable to losses in a possible slowdown of the Chinese economy. CCB has been the world's second-largest bank by market value. Bank of America agreed to sell ...
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Asian currencies strengthen for a second week
China Daily
By Khalid Qayum (China Daily) SINGAPORE - Asian currencies strengthened for a second week, led by South Korea's won and Malaysia's ringgit, as optimism that the global economic recovery is intact bolstered demand for emerging-market assets. ...
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Research and Markets: Indonesia Consumer Electronics Report Q4 2011
Business Wire (press release)
Spending is forecast to grow around 19% in 2011, driven by economic growth and strong demand for smartphones and flat-panel TV sets. Rising incomes and lower interest rates and unemployment will help to drive consumer demand for electronics products. ...
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Can policymakers avert a global recession?
Economic Times
On the other hand, if they fail to restore confidence, the global economy could witness a double dip recession. The report also presents recent steps taken by central banks across the world and what they are expected to do. US: The Fed believes that ...
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Auto shares recover; Hero MotoCorp scales record high
India Infoline.com
The report was upbeat about India's ability to weather a global economic downturn. While it is not immune to an international growth slowdown, the strength of domestic demand and the diversity of the economy provides a buffer against a deceleration in ...
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Charity accused over land deal, loans
China Daily
In response to the report, officials with the Henan foundation said they were waiting for "instructions from the China Soong Ching Ling Foundation" to clarify the facts. However, the CSCLF said it had never managed any local Soong Ching Ling foundation ...
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Stocks Tumble on Dreadful Job Report
FXstreet.com
In China, the Shanghai Composite dropped 1.1% and the Hang Seng declined 1.8% US payroll data showed the economy produced zero jobs last month, significantly adding to fears of another recession. The news battered European stocks, as the DAX fell 2.4% ...
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HK Aug PMI falls to 47.8, lowest in 26 months
Reuters
* Operating conditions in Hong Kong's private sector economy deteriorated for the first time in more than two years in August, with the HSBC PMI falling to 47.8, signalling the worst deterioration in overall operating conditions for companies in Hong ...
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The recipe of a difficult economy, or is it failed one !
Nagaland Post (blog)
That the SBI's is a serious malaise is further confirmed by the decision of Reserve Bank (RBI) to double reserves for contingencies from `5168 crore, last year, to `12167 crore, according to its annualreport. The RBI has taken the step amid fears of ...
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Leaked Cables Offer Glimpses Into Relations of US and China
New York Times
Ma Xiaotian, prolonged an hourlong discussion by an additional 30 minutes to attack American arms sales to Taiwan and American military reconnaissance within China's200-nautical-mile exclusive economic zone. General Ma also said China's analysts did ...
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New York Times
Indian Markets Seen Lower On Global Cues
RTT News
Closer home, the Confederation of Indian Industry has come out with a report indicating a decline in business confidence levels for the second quarter of this fiscal year. Amid global economicuncertainties and rising interest rates, the Business ...
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China Leads the Way in H1 Wind Energy Development, India Catching Up
2point6billion
China's rapid wind power growth has been met with apprehension among European turbine makers, who are starting to see that Chinese turbine suppliers may eat away at their regional market share. A recent half-year report issued by The World Wind Energy ...
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It's official, Rudd saved Australia
Financial Standard
These dymanics play out as media reports of the Treasury analysis say that "Contrary to the mining industry's claim it propped up Australia during the world recession, the [Treasury] report said mining added a modest 0.1 percentage points to economic ...
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Russia looks to resources
China Daily
China's rapid economic growth during the past decade saw it overtake the United States to become the world's biggest energy consumer last year, accounting for 20.3 percent of global demand, according to a report by the oil company BP PLC. ...
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China Daily
NU's Monthly Economic Outlook: A challenging economy
Midland Daily News
The June Conference Board Global Leading Economic Indicators Report shows the US and Chinaas positive at .5 percent and 1.0 percent respectively, while Europe was down .3 percent. The US savings rate remained high at 5.4 percent in July, ...
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India's business schools like IIMs need better teachers
Economic Times
In the 20 years since economic liberalisation, the growth of Indian business has been impressive. With the exception of China's 40 years of sustained growth, historical economic growth data suggests that the two-decade annual GDP growth experienced by ...
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Turkey's foreign policy is in shambles
Jerusalem Post
Moreover, President Abdullah Gul strongly condemned the United Nations Palmer Report, because it considered Israel's naval blockade of Gaza “a legitimate security measure” and stated that Turkey could have done more to dissuade the Turkish flotilla ...
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SOA Announced its Decisions on PL19-3 Oil Spill Incident
MarketWatch (press release)
For a description of these and other risks and uncertainties, please see the documents the Company has filed from time to time with the United States Securities and Exchange Commission, including 2010 Annual Report on Form 20-F filed on April 29, 2011. ...
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Research and Markets: Air Freight in China - Industry and Country Analysis 2011
Business Wire (press release)
Air Freight in China - Industry and Country Analysis provides five forces Industry analysis, along with PESTLE country analysis of China. This report concludes with profiles of the leading companies in the Chinese air freight market. ...
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Gold price per ounce jump as US jobs report ... - China Business News
By CBN
With jobs market report out showing that there is no good news on employment front and that theeconomy is not creating new jobs, the stock market started going down. And as the uncertainty grew about the future of economy, the prices of ...
China business news
Weekly forecast financial market Economic news calendar 5-9 ...
By Lior
Here is an economic news calendar for the week of September 5th to September 9th that highlights the main news items and reports related to U.S, Euro Area, Japan, Australia, China and Canada. (all times GMT): Tuesday 6th of September ...
Trading NRG
China needs to rebalance economy: World Bank chief ... - News Bay
By News Bay
BEIJING (Reuters) – China needs to rebalance its economy by boosting consumption since the country cannot rely on exports and investment alone to drive growth over the longer term, World Bank President Robert Zoellick said on Monday. The United States, Europe and Japan face structural growth problems, and any failure by ... (Reporting by Koh Gui Qing, Writing by Kevin Yao; Editing by Ken Wills). Read more: China needs to rebalance economy: World Bank chief (Reuters) ...
News Bay
China can help global economy | News for you
By atompublish
BEIJING – World Bank President Robert Zoellick says China can help boost tepid global economicgrowth by pressing ahead with reforms to promote its own domestic consumption. Robert Zoellick told ...
News for you
China needs to rebalance economy: World Bank chief
By The Huffington Post News Editors
China needs to rebalance economy: World Bank chief. First Posted: 9/5/11 02:03 AM ET Updated: 9/5/11 03:00 AM ET. React. Inspiring Greedy Typical Scary Outrageous Amazing Innovative Infuriating. Read more. Business News ... its productivity and per capita national income in coming years. (Reporting by Koh Gui Qing, Writing by Kevin Yao; Editing by Ken Wills). FOLLOW HUFFPOST BUSINESS. ON. Facebook: Like. 15K. Twitter: GET ALERTS. CONTRIBUTE. TO THISSTORY ...
The Full Feed from HuffingtonPost.com
The number of millionaires in China in 2010 - China Economic Review
By intern2011
Markets · News · Briefs · Reports & Features · Sectors · Automotive · Agriculture · Banking & Finance · Business Education · Business Practice · Commodities · Consumer · Economics & Trade · Energy & Environment · Employment & Education ...
China Economic Review primary...
World economy in red, China must hasten reforms: World bank chief ...
World economy in red, China must hasten reforms: World bank chief. Sep 5 ... A monthly report by the European Commission showed that business and consumer confidence in the euro zone for August slid to its lowest level since May 2010. ...
Firstpost
The reshaping of the Asian economy around the rise of China ...
By East Asia Forum
Two-way trade between the two countries is growing rapidly to an estimated $60 billion in 2010, roughly a quarter of the volume of trade between China and all of ASEAN. Investment ... Have a storyidea or correction for this story? Drop us a ...
Thailand business news
XE.com - UPDATE 1-Firmer China yuan helps curb inflation -Zoellick
(Reporting by Koh Gui Qing, Writing by Kevin Yao; Editing by Ken Wills) Keywords: CHINA ECONOMY/ZOELLICK. (kevin.yao@thomsonreuters.com)(+8610 6627 1215)(Reuters Messaging: kevin.yao.thomsonreuters.com@reuters.net) ...
XE Forex News
IMF report said China's economic rise in the influence | Stock Market ...
92 on International Monetary Fund released a report that China's economic influence ... Stock market today news,Latest stock quotes,Stock market today news ...
www.stockmarkettoday.cc/imf-report-said-chinas-economic-ri...
China central banker warns global economic risks ... - Yahoo! News
News. BEIJING (Reuters) - The global economy faces risks from both slowed ... a vice-governor atChina's central bank, said in comments reported on Friday. ...
news.yahoo.com/china-central-banker-warns-global-economic...
Guyana contingent gets ready for Caribbean-China economic forum in ...
Guyana records 5.9% economic growth » - Export earnings expanded by 34.6. ... News · Top StoryGuyana contingent gets ready for Caribbean-China economic ...
www.guyanachronicleonline.com/.../index.php?...
Crossover: Role of Chinese trade in global economy CCTV News ...
Q1: What's your view of the role Chinese trade plays in the global economy? Q2: The report says export-oriented growth brings risks, which is long known to ...
english.cntv.cn/program/china24/20110905/101947.shtml
Renminbi's rapid rise hurts Chinese exporters|Economy|News ...
The IMF released a report last month stating that China should raise the value of the yuan ... of the country's exporters, still the key driver of the nation's economy. ...
www.wantchinatimes.com/news-subclass-cnt.aspx?id...cid...
India looks to china as an economic model - San Jose Mercury News
Part of the Bay Area News Group .... But Indian fascination with China's economic success is also simplistic, Pei said. While one-party rule may have helped the ...
www.mercurynews.com/business/ci_18814646

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