Today: CHINA Economy News, Sep 03, 2011

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Sep 29, 2011

CHINA Economy News, Sep 03, 2011

China's runaway bosses spotlight underground loan market
Reuters
"The private lending craze has fuelled an economic bubble, and the 'runaway episode' in Wenzhou is a landmark event in the bursting of such a bubble," the official Financial News, a paper run byChina's central bank, said in a report on Wednesday. ...
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Peterson Institute for International Economics Book Asserts China Will Eclipse ...
Sacramento Bee
28, 2011 -- /PRNewswire-USNewswire/ -- China's economic dominance is likely to be more imminent, broader in scope, and larger in magnitude than generally believed. Eclipse: Living in the Shadow of China's Economic Dominance argues this dominance is a ...
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Special Report: "Rats" and "black mouths" gnaw at China stocks
Reuters
That is at least one reason why China's stocks have not performed in line with record corporate profits and booming economic growth, which has averaged in the double digits for most of the last decade, analysts say. The Shanghai Composite Index fell 14...
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Reuters
US Lost 1.9 Million Manufacturing Jobs Due to Trade Deficit With China
Huffington Post
The report concludes that "the US trade relationship needs a fundamental change. Addressing the exchange rate policies and labor standards issue in the Chinese economy are important first steps." I think it's high time that these issues are addressed ...
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Bernanke: Long-Term Unemployment A National Crisis
NPR
He has said that could put the fragile economy at risk. Bernanke noted in his speech that emerging markets such as China account for a large and growing share of the global economy, so they need to act accordingly. "With increasing size and influence ...
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Morning business news - September 29
RTE.ie
The author of a report on US investment in Ireland says China and India still have "catching up" to do to compete. IRELAND STILL HAS EDGE FOR US FIRMS - REPORT - The American Chamber of Commerce in Ireland is launching a massive report this morning ...
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Julia Gillard eyes plan for Asian growth
Herald Sun
"A national blueprint for Australia at a time of transformative economic growth and change in Asia will help Australia navigate the Asian century to seize the opportunities it offers and to meet the challenges it poses." Ms Gillard said China's economy ...
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Gulf region is a model for China-US relations says study
The National
BEIJING // The Gulf region may offer a model of how the United States and China can cooperate to promote global stability, according to a new study. Despite the growth of China's economicinterests in the Gulf, the report, titled "China and the Gulf: ...
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North Korea's Deepening Economic Ties with China
The Atlantic
The report compares trends in China-North Korea trade relations with inter-Korean trade trends, which despite heightened tensions show a slight increase in trade volume from $1.8 billion in 2007 to $1.91 billion in 2010. But because of the growth in ...
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The Atlantic
Summary Box: Commodity prices fall on concerns demand could be cut in slower ...
Washington Post
Investors are concerned that signs of slower growth in Europe, the United States and China could weaken demand for the industrial metal. OIL DIP: Oil prices dropped 3.8 percent after the Energy Department said crude inventories rose 0.8 percent last ...
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Aligning with America
Daily Pioneer
Strategic experts are upbeat about the potential of India-US relations as China's economic and military rise changes the global balance of power. The rapid growth of what China calls its 'Comprehensive National Power' has been accompanied with strong ...
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Nebraska farm income 'through the roof'
Omaha World-Herald
The big threat is that European debt problems and a slowdown in China's economy will squelch US manufacturing growth, he said. Should the nation double-dip, Nebraska won't see growth, Thompson said. "Those would go to either zero or negative. ...
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Australian sharemarket falls as optimism over Europe wanes
The Australian
Source: AFP AUSTRALIA'S sharemarket retreated today as investor optimism on Europe addressing its sovereign debt crisis waned and fears increased that China's economy is in for a hard landing. The benchmark S&P/ASX 200 index closed down 31.2 points, ...
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China In 2012: The Year Of The Hard Landing?
Risk WatchDog
China's economic growth story has rapidly turned from one underpinned by productivity gains to one engineered by inflationary policies, and the quality of growth has suffered considerably as a result. Several years of poor capital allocation will have ...
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Ottawa urged to invest in energy mega-projects
Globe and Mail
He urged Ottawa to be innovative in offering financing such as loan guarantees for major power projects, to work with the United States and China to ensure favourable trading relations, and to continue to streamline its regulatory process. In a report ...
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Globe and Mail
Calgary an economic growth leader in Canada
Calgary Herald
Mario Lefebvre, director of the Centre for Municipal Studies at the board, said in a report to CalgaryEconomic Development's 2012 Economic Outlook that the city's economic recovery has finally spread to the labour market this year, which was the ...
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Club for Growth comes out against China currency bill
The Hill (blog)
The group said the bill – which would allow tariffs to be used against countries whose currencies are undervalued – would hamstring the recovery of the economy and cause taxes to rise in the United States. “Starting a trade war with China will have no ...
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"9% GDP growth" for 2011
Xinhua
"Economic fundamentals are still very strong in China, thanks to the booming demand of both investment and consumption," Lu said. China's industrial profits increased 28 percent year-on-year in the first eight months, the National Bureau of Statistics ...
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China's yuan moving toward global currency?
CNN International (blog)
With the growing clout of the world's second largest economy and the slow but constant strengthening of its currency, the yuan is an increasingly attractive choice for reserve currency. While there currently are restrictions in its transactions, ...
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Japanese companies look outside for expansion opportunities
USA Today
Last year, Japan ceded to China its place as the world's second-largest economy. Itseconomy is shrinking as its population ages. The double whammy of the quake and tsunami in March only exacerbated the country's problems, by disrupting factory ...
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USA Today
Accelergy Partners With Yankuang Group to Conduct Feasibility Study for Large ...
MarketWatch (press release)
"As China's economy continues to grow, so does the demand for high quality synthetic fuels needed to power its fleets. Our partnership with Yankuang will provide domestically sourced fuels with a low carbon footprint to meet this market need," said ...
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Report: China trade imbalance cost Tennessee 57900 jobs
Bizjournals.com
Tennessee lost a net of 57900 jobs between 2001 and 2010 because of the trade deficit with China, according to estimates from the Economic Policy Institute. The Washington, DC-based group measured the gap between jobs lost through imports of goods from ...
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NHPC to submit report on Myanmar project next month
Livemint
China and India are competing with each other in Africa, Asia and Latin America in a race for resources to fuel their economies. The delayed Tamanthi and Shwezaye projects, part of India'seconomic diplomacy initiative to engage Myanmar, are located on ...
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S. Korea, China agree to boost economic policy cooperation
Thai News Agency MCOT
Meanwhile, the ministry said in a report unveiled earlier in the day that South Korea needs to strengthen cooperation with China as both nations face similar economic and social problems. "The need is growing for policy cooperation including sharing of ...
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Velvet glove trumps iron fist in south China land riot
Reuters India
Conflicts over the estimated 200000 hectares of land requisitioned from farmers inChina each year accounted for more than 65 percent of rural mass incidents, the Beijing-based China Economic Times has reported. With the scrapping of agricultural taxes ...
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Reuters India
Copper, Industrial Metals Slump as Europe's Crisis Hurts Demand
BusinessWeek
Fifty-nine percent of respondents in a quarterly Bloomberg Global Poll said that China's economy, which expanded 9.5 percent last quarter, will gain less than 5 percent a year by 2016. Twelve percent see such a slowdown within a year, and 47 percent ...
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Commodities Head for Worst Quarter Since 2008 on Slowing Demand
BusinessWeek
... a Commerce Department report showed yesterday in Washington. Demand for all durable goods dropped 0.1 percent, less than forecast. Fifty-nine percent of respondents to the Bloomberg poll saidChina's economy, which rose 9.5 percent last quarter, ...
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German software maker SAP upbeat in face of global economy worries: Report
Economic Times
Business in emerging markets was also booming, and Enslin said the main risk in China was not being able to keep pace with growth. "Companies are already very big there and are still growing quickly," he said.
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Rare Earths Fall as Toyota Uses Alternatives
Bloomberg
Rare earths have been pushed lower because of selling by speculators, Michael Gambardella, a New York-based analyst at JPMorgan Chase & Co., said in a report last week. Tsunami- related disruptions in Japan and dumping of unpermitted material in China ...
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China To Allow Higher Bad Loans For Small Businesses
Fox Business
He said as of July 30, outstanding loans to small and medium-sized firms came to CNY9.85 trillion (US$1.5 trillion), accounting for 29% of total outstanding loans in China's banking system, according to the report. China has introduced a series of ...
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'Hidden force' of infrastructure powers EM nations
MarketWatch
“Infrastructure provides the lifeblood for an economy,” according to a report issued Wednesday on the study, which was conducted by the Royal Bank of Scotland in conjunction with Cambridge University. Asia Today: Chinese bank ICBC says it could raise ...
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Are Consumers Buying American Again?
BusinessNewsDaily
According to a report by the International Monetary Fund, by the year 2016, Chinawill overtake the United States as the world's top economic power. One of the contributing factors to America's slipping from first place is the loss of many ...
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BusinessNewsDaily
The Huddle: Labrador backs limits
Politico
By JAKE SHERMAN | 09/28/11 7:23 AM EDT SENATE DEMS JAMMING OBAMA ON CHINASenate Democrats will are likely to get 60 votes on their Chinese currency manipulation bill, But, Manu Raju points out for POLITICO, “The White House isn't thrilled with the ...
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Electric Shaver Manufacturing Market Research Report Now Available from IBISWorld
PR Web (press release)
With the economy anticipated to continue its recovery, consumer demand for electric shavers will likely increase in the coming years. Unfortunately for domestic manufacturers, this development will not benefit them in the long run, since cheap imports ...
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China Cord Blood Corporation Files Its Annual Report on Form 20-F
Sacramento Bee
CCBC will provide a hard copy of the Annual Report, including a complete set of audited financial statements, free of charge to its shareholders upon request. China Cord Blood Corporation is the first and largest cord blood banking operator in China in ...
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Bloomberg: Embrace Immigrants to Fix the Economy
The Fiscal Times
Bloomberg pointed to a June report from the coalition he heads, the Partnership for a New American Economy, which found that more than 40 percent of Fortune 500 companies were created by an immigrant or the child of an immigrant. ...
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The Fiscal Times
Oil Fluctuates as It Heads for Biggest Quarterly Drop Since 2008
BusinessWeek
Economic growth in China, which consumes about a tenth of the world's oil, will slow to less than 5 percent annually within five years, according to most investors in a Bloomberg Global Poll. Growth was 9.5 percent last quarter. ...
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Solar subsidies spell the beginnings of a solar boom in China
istockAnalyst.com (press release)
Energy is a major strategic issue for China's national security, economic development, and social stability. As standards of living improve and gross national product continues to grow, so will the country's energy needs. China is currently the world's ...
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COMMODITIES-Gold gains as investor nerves knock oil, copper
Reuters
"There are expectations that the USDA may report a larger-than-expected supply on corn," said Lynette Tan, a grains analyst at Phillip Futures in Singapore. "In the past week, the fall in grains is due to macro-economic issues, with people worried ...
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US report: Hydro to lead global renewables growth through 2035
HydroWorld
It said government policies or incentives often provide the primary economic motivation for construction of renewables generation facilities. The report noted the greatest increase in hydroelectric growth is outside the developed countries of the ...
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US OPENING NEWS INCLUDING: China's economic growth this ...
US OPENING NEWS INCLUDING: China's economic growth this year may exceed 9% and inflation peaked in July according to a State Council researcher ... Risk appetite has seen equity markets come back into positive territory across the board following Greek press reports that the 90% PSI target has been reached, the confirmation of the Troika's return to Greece and EU's Barroso saying the Commission is considering a wider guarantee mechanism to help Greek banks and lend ...
Proactiveinvestors United Kingdom...
China Economic Growth Seen Less Than 5% by ... - Financial News
By asia economy - Google News
Financial Newsbusiness news. Stock Market, Forex, Commodities, Business news. Recent Posts. Schwarzman Says `Most ... financial news finance newsChina Economic Growth Seen Less Than 5% by 2016 in Global Poll – BusinessWeek ...
Financial News
WB VP: Room for China economic growth CCTV News - CNTV English
WB VP: Room for China economic growth. 09-22-2011 13:47 BJT. Text:A A A | Email. Share |. Related story: China's robust growth is its biggest contribution to ...
english.cntv.cn/program/bizasia/20110922/110652.shtml
India, China first strategic economic ... - SME News - IndiaMART.com
India, China first strategic economic dialogue to be held in Beijing today. Share |. SME News, Monday, Sep 26, 13:24:59 PM IST. NEW DELHI: India and China, ...
news.indiamart.com/.../india-china-first-strategic-economic-dia...
China to invest 2 trln yuan in green economy: report - ECF Your ...
China will invest two trillion yuan (313 billion U.S. dollars) to promote low-carbon economy in the five years to 2015, the China Daily reported on Sunday, citing a ...
www.energychinaforum.com/news/55772.shtml
Status of Global Economy, China's Currency - Fox News Video - Fox ...
Fox News Digital Network: Fox News · Fox Business · Small Business Center · Fox ... Status of Global Economy, China's Currency ... Special Report Online: 9/28 ...
video.foxnews.com/.../status-of-global-economy-chinas-curre...
New China's Economy & Policy Reports on Various Chinese ...
New China's Economy & Policy Reports on Various Chinese Industries Published by MarketPublishers.com | MarketPublishers.
marketpublishers.com/lists/11703/news.html
India lauds China's economic reforms, progress - One News Page ...
India lauds China economic reforms progress (news article) ... the euro fell on Monday, Reutersreports, as investors reacted cautiously to reports that European. ...
www.onenewspage.com/.../India-lauds-China-economic-refor...

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