Today: CHINA Economy News, Sep 06, 2011

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Sep 6, 2011

CHINA Economy News, Sep 06, 2011


China, WB join to explore sustainable growth
China Daily
He said the report will cover issues such as how China can complete its transition to a marketeconomy; how to promote open innovation; how to advance green development; how to deliver equality of opportunity and social security to citizens; ...
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Emerging-Market Shares Fall to Lowest in Four Weeks on Europe, China Data
Bloomberg
“Poor macro data and growing concerns over the slowdown in the world economy are pushing equities lower,” they said. A US government report on Sept. 2 showed the economy posted zero job growth last month and data tomorrow may show service industries ...
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RTS Futures Decline on Global Economy Concern: Russia Overnight
Bloomberg
A Chinese services index fell to a record low last month, adding to evidence that country's economyis slowing. China may report this week industrial production for August slowed from a year ago, according to economists' forecasts. ...
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Chinese language gaining ground in the world
The News International
A BBC report of August 9, 2011 had summed up the 'global Pied Piper' China's unmatchedeconomic prowess more than adequately: “After stagnating for more decades under the rigid rule of Communist leader Mao Tse-Tung, China now has the world's ...
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Corporate earnings are going to get hit
MarketWatch
The reduced growth rates in both China and the developed world will have a direct influence on corporate earnings. I expect some corporations to report less-than-impressive results this earnings season, and to disappoint the Street. ...
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Weak economic data points to RBA holding rates steady
The Australian
The strength of China's iron ore and steel industry is staggering, according to a Westpac strategist. Source: The Australian THE Reserve Bank's board meeting this morning will be presented with data showing that the Australian economy remains weak ...
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Oil prices drop on weak US, China economic data
Channel News Asia
The highly-awaited US non-farm payrolls report released last Friday showed that the economy of the world's largest oil consumer creating no jobs in August, leaving the unemployment rate at a stubbornly high 9.1 percent. ...
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Forex Fundamental Analysis for September 6, 2011
Business Insider
Kiwi has pared its drop after the report that showed New Zealand business confidence rose this month after retreating to a four-month low during August amid the worsening global conditions. On Tuesday, the New Zealand economy won't release any ...
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Romney jobs plan to cut taxes, get tough on China
Malaysia Star
He said he would use the zone against China. "I will not stand by while China pursues an economic development policy that relies on the unfair treatment of US companies and the theft of their intellectual property. I have no interest in starting a ...
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Malaysia Star
Asia sizes up threats from faltering Europe, US
Reuters
Many private economists have already cut their 2012 growth forecasts for China, so a sub-9 percent reading next year would not come as a big surprise. However, it would mark a significant slowdown.China, the world's second biggest economy, ...
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Taste for outbound M&As strong in H1, may double in H2
China Daily
According to the latest report of Deloitte Touche Tohmatsu Ltd, after registering deal value of $62 billion in outbound M&As in 2010, China continued its hunt for overseas bargains in the first half of this year. But as the second-largest economy in ...
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TechCrunch and Innovation Works Partner for Tech Start Up Conference
MarketWatch (press release)
... share a lot and report a lot about the ways technology is impacting one of the most important markets of the global economy." The conference will be held October 28-November 1 at the ChinaNational Convention Center in Beijing. ...
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Green Says China Has Room to Stimulate Economy if Needed
Washington Post
5 (Bloomberg) -- Stephen Green, head of Greater China research for Standard Chartered Plc in Hong Kong, talks about the outlook for China's economy. Green speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg) (/Bloomberg) ...
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Toshiba Falls on Report Company May Buy Shaw Group's Stake in Westinghouse
Bloomberg
Germany last month decided against re- starting eight reactors to counter possible power shortages in Europe's biggest economy this winter. “The outlook for the nuclear power business looks grim,” Hiroyasu Nishikawa, an analyst at Cosmo Securities Co. ...
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China pipelines threaten Myanmar economic security-NGO
Reuters Africa
"The 'Shwe' offshore fields will produce trillions of cubic feet of natural gas that could be used to spureconomic and social development in one of the world's least developed nations," it said. "Instead it will be piped across the country to China, ...
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'Manchester not immune to downbeat economy' says New Economy
Manchester Evening News
... which will lead to direct flights to China. Hotel occupancy levels have also risen, along with passenger numbers at Manchester Airport, the report added. Baron Frankal, director of economicstrategy at New Economy, said: “The UK economic outlook is ...
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Copper in London Drops for a Fourth Day on Concern Global Growth to Slow
Bloomberg
China's services activity slowed in August, according to a statement issued by HSBC Holdings Plc and Markit Economics. “The economic outlook is really weak,” David Thurtell, head of metals research at Citigroup Inc. said by phone from Sydney today. ...
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Asian stocks fell after a report showed US employment stagnated
FXstreet.com
Asia: Asian stocks fell after a report showed US employment stagnated, stoking concern the world's biggest economy may slip into a recession and damping the earnings outlook for Asian exporters. Honda Motor Co., a carmaker that gets 44% of its revenue ...
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Commodities markets summary
Sydney Morning Herald
Copper traded at its lowest in more than a week after a historic low reading for China's services sector index and a disappointing US jobs report last week stoked concerns of a slowdown in globaleconomic growth. Benchmark copper on the London Metal ...
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South Korean growth estimates see downgrade
China Post
Leading the pack is China, whose 2011 economic growth rate is estimated to reach 9.1 percent, while Hong Kong (5.6 percent), Indonesia (6.4 percent) and Taiwan (4.9 percent) are also expected to pull off stronger growth than Korea's. ...
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China overtakes UAE as top Saudi export market
Emirates 24/7
“Interestingly, in the twelve months to July, China was able to displace UAE as the number one destination for the kingdom's exports, with its share rising from just 7.6% in July 2010 to 12% in July 2011, which underscore China's growth story,” the ...
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Emirates 24/7
Mercedes sales up 7.9 percent in August, China up only 3.2 percent after ...
Washington Post
By AP, FRANKFURT, Germany — Sales for Daimler AG's Mercedes brand rose 7.9 percent in the year to August as sales in Europe grew despite fears about the global economy and the eurozone's government debt crisis. Daimler AG said Monday that global ...
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China on his mind
Manila Standard Today
Pending a full public report on the President's China trip, I already noted three outcomes which simply resurrected earlier initiatives of his predecessor. One is the revival of the NBN-ZTE broadband project, which was abandoned by the previous ...
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The World Economy Is Hanging By A Thread
Seeking Alpha
While the US manufacturing PMI (ISM report) showed the manufacturing base of the country expanding marginally (>50) with a 50.6 reading, we had disappointing PMI readings for August fromChina and parts of Europe. This can be seen in the figure below ...
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Reigniting the Entrepreneurial Spirit
Wall Street Journal
By JON HUNTSMAN Last week, immediately after I announced my vision for economic revival in America, we saw the report that zero jobs were created during the month of August. Zero. This number isn't simply depressing. It's unacceptable. ...
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U.S. stocks face down Europe's issues
MarketWatch
See full story. World Bank President Robert Zoellick says on Monday inflation remains amongChina's biggest economic challenges, while noting that recent gains in the Chinese currency against the US dollar might reflect Beijing's new willingness to ...
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On the Way to an Olive Society
Beijing Review
Therefore as long as China's economy keeps growing at the current pace, the size of the middle class will certainly expand. The second trend is an olive-shaped income structure is taking shape in China. The olive shape refers to a society where the ...
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Beijing Review
Europe Signals Global Gloom
Wall Street Journal
Until recently, the global economy appeared on track for a solid, if unspectacular, recovery, led by emerging markets such as China, India and Brazil. As a top exporter of specialty machine tools, Germany in particular benefited from this growth, ...
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Wall Street Journal
Yes, Virginia, there is a gender gap
WND.com
The National Economic Council report "Jobs and Economic Security for America's Women" recites some of the many ways the Obama administration is getting jobs for women. The report promises that President Obama "is committed to continuing the push for an ...
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WND.com
What to watch, listen to and read this month
USA Today
Fed Chairman Ben Bernanke speaks in Minneapolis on the US economic outlook. Sept. 14-16: The Interbike International Bicycle Expo, a bicycle industry convention, is held in Las Vegas. Last year's expo drew 24000 attendees. Sept. ...
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USA Today
UPI NewsTrack Business
UPI.com
5 (UPI) -- Japanese automaker Toyota Motor Corp. plans to make key parts of its Prius hybrid inChina to boost sales, company officials said. China is currently the world's largest automobile market, a Kyodo News report in Japan Times said Monday. ...
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Could China be the first colonizer of Ethiopia? By Wegeshaw:
Abugidainfo
The loan agreement signed with the Chineese Export and Import Bank was part of the deals struck during Ethiopian Prime Minister Meles Zenawi's ongoing visit to China, which started last Thursday. Ethiopian Finance and Economic Development Minister, ...
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China economy may grow below 9 pct in 2012: FX regulator
By The Huffington Post News Editors
BEIJING (Reuters) - China's economic growth may ease to below 9 percent in 2012, partly due to a weak global economy, a senior Chinese foreign exchange official said on Tuesday, backing market expectations that the world's No. 2 economy is ... China economy may grow below 9 pct in 2012: FX regulator. First Posted: 9/5/11 10:21 PM ET Updated: 9/6/11 02:45 AM ET. React. Inspiring Greedy Typical Scary Outrageous Amazing Innovative Infuriating. Read more. Business News ...
The Full Feed from HuffingtonPost.com
In The News Today « Jim Sinclair's Mineset
By Jim Sinclair
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 fiscal sustainability of the United States faces challenges, the European sovereign debt crisis continues to fester, and the Japanese fiscal deficit is growing," the report cited Ma as saying. "Government debt risks have become a major ...
Jim Sinclair's Mineset
Guyanese entrepreneurs expect much from the Caribbean – China ...
By KNews
Guyanese entrepreneurs expect much from the Caribbean – China economic forum. September 6, 2011 | By KNews | Filed Under News. Anticipation is high among local entrepreneurs preparing to attend the third Caribbean-China Economic ...
Kaieteur News
XE.com - UPDATE 1-China economy may grow below 9 pct in 2012 ...
China's economic growth may ease to below 9 percent in 2012, partly due to a weak global economy, a senior Chinese foreign exchange official said on Tuesday, backing market expectations that the world's No. 2 economy is set for a ... AUD/ USD: Trading the Australian 2Q GDP Report ... The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Print RSS ...
XE Forex News
Media authorities take control of two ... - China Economic Review
By Brad Steiner
China's Party-run media authorities have taken over two of Beijing's more outspoken and popular newspapers, Beijing News and Beijing Times, in a move to control information more strictly, the AFP reported. A report on the government-run ...
China Economic Review primary...
Shares hit 14 month low on weak economic ... - China Business News
By CBN
THE Shanghai stock market slumped to its lowest in level nearly 14 months today after a reportshowed the country's service sector in August grew at its slowest pace on record. The dark clouds gathering over the US economyChina's biggest ...
China business news
China pipelines threaten Myanmar economic security | Updated News
By admin (online)
China pipelines threaten Myanmar economic security. Business Tuesday, September 6th, 2011. BANGKOK – Controversial oil and gas pipelines spanning Myanmar will deprive its people of billions of dollars worth of their own resources and ...
Updated News
China-U.S. Economies: The White House Chef Speaks | China ...
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 in -house by the foreign investment professionals ....The Asia Briefing Bookstore. Our best selling legal, financial, tax and regional guides to Asia business, industry reports and more… Click here to view all titles now · China Briefing Book Store ...
China Briefing News
China must rebalance economy | The Independent Daily
By Independent News Service
Zoellick said it was time for all countries and not just China to review their growth model, as a poor US jobs report on Friday added to fears that the world's largest economy is facing another recession. “I believe this autumn will be a sensitive time for many of the major developed countries,” he said, ...Independent News Service - who has written 9989 posts on The Independent Daily. Contact the author. RELATED ARTICLES. September 5, 2011 -- Sik Yuen gives MTPA booster shot (0) ...
The Independent Daily
Fairfax Market Report including Ampella Mining, Cluff Gold, Ovaca ...
Fairfax Market Report including Ampella Mining, Cluff Gold, Ovaca Gold, Solomon Gold plus others. 9:55 am. Morning View: Economic NewsChina – Signs of business growth moderating further today. The HSBC purchasing manager's index ...
Proactiveinvestors United Kingdom...
China manufacturing gauges point to pickup - Economic Report ...
In spite of the debt problems in the U.S. and Europe recently, China's economy had held up well, Tao said, noting that chances of a big downturn there now ...
www.marketwatch.com/.../china-manufacturing-gauges-point-...
World Bank, China Advance Work on China Economy's Future ...
BEIJING, September 5, 2011 – China and the World Bank are making significant progress on a jointreport on how the world's second largest economy can ...
www.worldbank.org/.../world-bank-china-advance-work-on-c...
China central banker warns global economic risks increasing
at China's central bank, said in comments reported on Friday. ... economic performance were adding to those global risks, the China News Service reported. ...
www.hellenicshippingnews.com/index.php?...
China Economic News @ The China Perspective
China Economic Watch: Chhina's 2010 Top 500 Companies Named ... China Unicom ReportsUser Figures; Sinopec, BP Paired Up for Bunker Oil Sale · China ...
www.thechinaperspective.com/daily-brief/
Southern exposure | China Economic Review
Company Research Reports · Directories ... On the sidelines of the conference, Nahón spoke withChina Economic Review about her country's push to ... Various Chinese firms are still analyzingnew and more investment opportunities. ...
www.chinaeconomicreview.com/en/content/southern-exposure
ConocoPhillips says 99 pct of China spill cleared - Economy news
Under fire for oil spills off China's eastern coast, ConocoPhillips says it has finished collecting virtually all oil and drilling ... Economy breaking news and pictures ...
www.mail.com/.../657056-conocophillips-99-pct-china-spill-cl...
Chinese insurance brokers conceal RMB100bn in premiums ...
A Chinese government report revealed that many insurance companies in the ... half of 2010, areport by the China Insurance Regulatory Commission revealed. ...
www.wantchinatimes.com/news-subclass-cnt.aspx?cid...
China economy may grow below 9 pct in 2012 - World News Network
BEIJING (Reuters) - China's economic growth may ease to below 9 percent in ... News Update: Telefonica primed for legal fight on Vivo veto, Reuters reports ...
article.wn.com/.../China_economy_may_grow_below_9_pct_i...

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