Today: CHINA Economy News, Sep 14, 2011

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Sep 14, 2011

CHINA Economy News, Sep 14, 2011

China strong in economic ranking
China Daily
By Hu Yuanyuan (China Daily) Dalian, Liaoning - China continues its steady rise in competitiveness and is leading other BRICS nations and other emerging economies by a large margin, according to a recent global economic report. ...
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China willing to expand investments in Europe
MarketWatch
In reference to its trade status, Wen said China' full market economy recognition is slated by 2016. “If EU nations can demonstrate their sincerity several years earlier, it would reflect our friendship,” the Xinhua report cited Wen as saying. ...
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OECD: US losing edge in higher ed worldwide
The Australian
From: AP The US is losing its advantage in the global talent pool as the number of adults gaining college degrees in countries such as China and South Korea increases rapidly, according to a new study by the Organisation for Economic Cooperation and ...
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China, U.S. raise alarm over euro debt crisis
Reuters
He suggested though that the EU would have to reciprocate Beijing's help by moving to grant China "market economy" status, which would lower its exposure in trade to anti-dumping cases. Obama told Spanish journalists in a group interview published on ...
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Reuters
China's Stocks Decline on Inflation, Economic Growth Concerns
BusinessWeek
Jiangxi Copper Co. slid 1.5 percent and China Shenhua Energy Co. lost 0.9 percent, pacing a retreat for commodity stocks. Industries reliant on growth in the economy including airlines and automakers slumped. “There are no signs of loosening monetary ...
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Italy confirms China talks amid bond help reports
Forbes
The eurozone's third-largest economy is trying to convince investors that it can manage its debt load, find buyers for its bonds and avoid becoming the next victim of Europe's debt crisis. News of the talks with China sent the Milan stock market higher ...
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World Eyes China for Help as WEF Convenes in Dalian
Washington Post
14 (Bloomberg) -- Bloomberg's Stephen Engle reports about China's global position from Dalian,China, site of the World Economic Forum's Annual Meeting of the New Champions. (Source: Bloomberg) (/Bloomberg) Correction: Clarification: SuperFan badge ...
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Next story in News
msnbc.com
In just a few years, Deng Xiaoping triumphed over conservative ideologues who had surrounded Mao, and rose to leadership of China's Communist Party and government. While beginning experiments with economic reforms, Deng also opened the doors to broad ...
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Where Is China Investing In The U.S.?
San Francisco Chronicle
In spite of the recent debt downgrade, financial woes and flailing economy, investors from China see the United States as a stable - and desired - place to put their money. According to a recent reportin the New York Times, investors from China are ...
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Price Controls, Government Involvement Drags On China's Productivity - S&P
Wall Street Journal
... Standard & Poor's Financial Services LLC said in a report dated Monday. Strong and consistenteconomic growth could also improve the country's sovereign credit rating, S&P said. If those issues aren't addressed, however, "China's economic growth ...
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China ETFs Dispel Europe's Economic Gloom
TheStreet.com
According to the report, the nation's imports saw a notable rise, while its overall trade surplus shrank considerably. The road ahead will likely not be entirely smooth for China. However, as evidenced by this data, it may not be as rocky as previously ...
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Report gives hope for two-speed economy
ABC Online
A new report from accounting firm KPMG and the University of Sydney suggests China could be the solution to the two-speed economy if Australia's non-mining business sector can gets its act together. TICKY FULLERTON, PRESENTER: We've talked a great deal ...
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Man kills 2 children, 4 adults in China axe attack
AFP
... and media reports said. Wednesday's incident is the latest in a series of violent assaults on children involving people with suspected psychiatric problems in China, which experts have blamed on rapid social change as the country's economy booms....
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AFP
Jobs in a Green Economy
New York Times
Our recent report showed that $93 billion in Recovery Act green investments created or saved 997000 jobs. The projects cut across the economy from advanced battery production to industrial efficiency projects that introduced combined heat and power to ...
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Treasuries Snap Two-Day Slide Before Retail Sales, Producer Price Reports
Bloomberg
“Countries must first put their own houses in order,” Wen said today at the World Economic Forum in Dalian, China. The Financial Times reported Sept. 12 that Italy aims to sell “significant” quantities of bonds and stakes in strategic companies to ...
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Nasdaq gains 1.5%: Stocks close up after seesaw trading
USA Today
European markets rose Tuesday after Italy's finance minister confirmed that officials had met with China's sovereign wealth fund about buying Italian bonds. Italy's FT-SE MIB index rose 2.2%. Germany's DAX closed 1.9% higher. A report that China may...
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USA Today
Asia Stocks Retreat on China Europe Bailout Reluctance
BusinessWeek
Stocks fell today as Chinese Premier Wen signaled developed nations should cut deficits and create jobs rather than relying on China to bail out the world economy. Stocks had gained in the US on Sept. 12 after the Financial Times reported that Italy ...
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Hiring strong in Taiwan, slowing in China: report
Taipei Times
By Kevin Chen / Staff Reporter Taiwanese companies plan to hire more staff in the fourth quarter of this year, but those in India and China are expected to slow hiring from three months ago, a reportreleased yesterday by Manpower Group showed. ...
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FTSE live: market report - as it happened September 13, 2011
Telegraph.co.uk
European shares rose sharply in early trade, buoyed by reports that Italy has askedChina to make "significant" purchases of Italian debt, which might help convince markets the euro zone's third-biggest economy can manage its debt load. ...
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Telegraph.co.uk
Share prices under shadow of economic happenings: Tuesday Closing Report
Moneylife Personal Finance site and magazine
Overnight, the US market closed higher, recovering from early losses on reports that China is in talks to purchase Italian bonds. The developments also resulted in the Asian bourses opening up this morning. At home, the Nifty opened at 4978, ...
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Research and Markets: China Wearing Apparel Industry Profile 2011
SunHerald.com
Furthermore, this is the first report to adopt ISIC (International Standard Industrial Classification of All Economic Activities) in classification of Chinese enterprises, corresponding to the reading habit of international readers, and it is also very ...
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NZ dollar sinks below US82 cents
Stuff.co.nz
China's Wen told the World Economic Forum in China developed nations need to "put their own houses in order" and for his nation to lend a hand, it needs Western economies to open market access in return. His comments come after an FT report indicated ...
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Futures Waver Around Flat Line; Nasdaq Gains
CNBC.com
... but investors continued to remain on edge over the ongoing European debt concerns and a handful of tepid economic news. Stocks rebounded to finish near session highs in a volatile session Monday, following an FT report that China was in talks with ...
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Hong Kong Stocks Fall on Wen Speech; Chinese Developers Decline
San Francisco Chronicle
14 (Bloomberg) -- Hong Kong's Hang Seng Index fell, headed for its lowest close in more than two years, as developers retreated and after Premier Wen Jiabao signaled China should not be expected to bail out the global economy. ...
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Emerging-Market Stocks Drop a Third Day on China, Greece Concern
Bloomberg
13 (Bloomberg) -- Vasu Menon, vice president of wealth management at Oversea-Chinese Banking Corp., talks about China's economy and financial markets, gold prices, and the US dollar. Menon, speaking with Rishaad Salamat on Bloomberg Television's "On ...
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China's Rapidly Growing Industry Parks Present Untapped Opportunity for ...
MarketWatch (press release)
The new research is part of the recently launched Lux Research China Innovation Intelligence service, providing the world's leading corporations with ongoing technology scouting and market intelligence from the world's most dynamic economy. ...
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Hedging Bets
Recycling Today
However, a report in Futures magazine notes that copper inventories on the Shanghai Exchange declined during the same month, indicating possible renewed interest in copper from Chinese consumers. The Wall Street Journal reports that China's General...
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Recycling Today
U.K. Banks Relocating to Hong Kong 'Absolutely' Welcome, Donald Tsang Says
Bloomberg
China last month said it would allow more two-way investment in shares and relax restrictions on investment flows with Hong Kong to aid an economy that shrank in the second quarter for the first time since 2009. Tsang said the ICB's proposals in the UK ...
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Research and Markets: China Food and Drink Report Q4 2011 - Sector may regain ...
SunHerald.com
Business Monitor International's China Food and Drink Report provides industry professionals and strategists, corporate analysts, food and drink associations, government departments and regulatory bodies with independent forecasts and competitive ...
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Amid China boom, job search for many grads goes bust
Reuters UK
Any difficulties that graduates are facing in China's job market doesn't mean that the problem is unique to China," she said. By comparison, a study by the Washington, DC-based Economic Policy Institute put the unemployment rate for recent US graduates ...
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Reuters UK
CEOs Urge Taxpayer-Funded Innovation
Daily Beast
It was a nebulous goal, but they decided on innovation, an area of historic US dominance that has, with the rise of industrializing countries like China, an uncertain future. A year later, they've produced a stark report calling on Washington to take ...
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Daily Beast
Maersk Lured by $1.5 Trillion Asia-Africa Trade: Freight Markets
Bloomberg
China is also investing in African projects from roads to ports and power plants, as part of a bargain for access to resources that is projecting its rising economic heft across the continent. Direct investment by China into Africa rose to $9.33 ...
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Central Banks Should Form Panel on 'Spillover' Risk, Report Says
Bloomberg
In a report published today by the Washington-based Brookings Institution, the economists proposed an International Monetary Policy Committee to identify the unintended threats a policy decision made in one economy poses to another. ...
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US Stocks Pare Drop on Report Italy Talking With China Fund
BusinessWeek
8, the S&P 500 fell 18 percent on concern about Europe's debt crisis and an economic slowdown. It closed as low as 1119.46 on Aug. 8, within 29 points of a bear market, or a 20 percent drop. The decline left the index trading at 12.2 times earnings ...
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Britain's FTSE falls as China hopes fade
Reuters
Britain's blue chip index had earlier gained after the Financial Times reported that Italy had asked the country to make "significant" purchases to help boost the fragile economy. Although ItalianEconomy Minister Tremonti met officials from a Chinese ...
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Creating jobs starts with rebuilding America
Ithaca Journal
1 priority facing our economy: jobs. I believe there are three steps we can take right now to help get things back on track: 1. Let's stop exporting our jobs and start exporting our products. To make American workers competitive again, ...
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Opposing view: 'Perfect storm' sank Solyndra
USA Today
Last year, for example, the China Development Bank offered more than $30 billion in financing to Chinese solar manufacturers, about 20 times more than US-backed loans to solar manufacturers. Unfortunately, expanding production has coincided with ...
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Oil prices caught between two trends in economy
BusinessWeek
The growing energy needs of China, India and other developing nations will continue to prop up oil prices despite sluggish economic growth in Europe and the US, said Andrew Lebow, a senior vice president and oil broker at MF Global. ...
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PMFG, Inc. (Parent of Peerless Mfg. Co.) Reports Fourth Quarter and Fiscal ...
MarketWatch (press release)
Internationally, the demand for new power generation and natural gas infrastructure is outpacing the United States, particularly in China, India, and the Middle East. Revenue from international customers increased $1.8 million or 14.1% in the quarter ...
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Lower economic growth forces down IEA oil demand projections
Oil & Gas Journal
IEA moderately downgraded non-OECD economic growth, largely due to a slightly less-bullish outlook in China. Lower than expected June and July oil demand readings in Asia and Latin America combined with the economic growth adjustment are behind the ...
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China reiterates confidence in European economy - China News ...
By SINA.com
13 (Xinhua) -- China on Tuesday reiterated its confidence in the European economy and euro, adding that Europe will continue to be one of China's major foreign investment markets. Foreign Ministry spokesperson Jiang Yu made the remarks ...
English headline news from SINA.com
Stocks fall as policy worries intensified | China business news
By CBN
“Although there's a small risk of a hard landing for China's economy, a possible rebound in inflation and the impact of a worsening European debt crisis on the global economy still remain the biggest concerns to investors,” said Wu Kan, a fund ... yuan ($3.13 billion) of additional bills to Industrial & Commercial Bank of China Ltd, China Construction Bank Corp and some other lenders after they were judged to have lent excessively, the Beijing News reports, citing an unidentified source. ...
China business news
XE.com - China to rely on consumption for economic growth -Wen
China will rely on domestic consumption to drive economic growth in the coming years, Premier Wen Jiabao said in a speech at the World Economic Forum in the northeastern port city of Dalian. ... inChina in 2007. (Reporting by Don Durfee; Editing by Ken Wills) Keywords: CHINA ECONOMY/WEN... 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 . ...
XE Forex News
NASDAQ to delist AutoChina | China Economic Review
By admin
China Economic Review's Company Reports team has questioned the performance of AutoChina in the past on the basis of its stated financials and its overall business model. A review of previous coverage is available here. ...
China Economic Review primary...
Fairfax Marketing Report including Medusa Mining, Stellar ...
Economic NewsChina – The ebbs and flows of inflationary concerns and the inevitable debate about monetary policy reaction is again dictating the market today. Data of late suggests signs are starting to emerge that Government action may ...
Proactiveinvestors United Kingdom...
China fears much ado about nothing
By Frank Holmes, U.S. Global Investors
ISI Group reports that retail sales increased 17 percent on a year-over-year basis in August and the firm sees “no reason at present to anticipate any lasting weakness in China's healthy consumer sector.” As one example, China recently surpassed the ... Guan Jianzhong, the head of state-owned Chinese rating agency Dagong, recently told German news outlet Spiegel that “China relies on its real economy to create value and money. If we can draw some lessons from the Western ...
Stockhouse news and views
Reports: Italy asks China to buy bonds, invest - Economy news
Italian officials have held talks with China's sovereign wealth fund in an effort to persuade Beijing to buy Italy's government bonds or...
www.mail.com/.../686800-reports-italy-asks-china-to-buy-bon...
Commodity imports shows China economy resilient ... - Maktoob News
China's key commodity imports, including crude oil, copper and iron ore, ... China's economy has continued to grow at an enviable clip of over 9 percent, thanks in ... (Additional reporting by Judy Hua, Polly Yam and Ruby Lian; Editing by Raju ...
en.news.maktoob.com/20090001045468/.../Article.htm
China's inflation rate eases as economy cools - Yahoo! News
Read 'China's inflation rate eases as economy cools' on Yahoo! News. ... of a slump in global demand," said Mark Williams, of Capital Economics, in a report. ...
news.yahoo.com/chinas-inflation-rate-eases-economy-cools-0...
Indian Economy News- Check the progress of India
India news reports that the investors are having deep insight in the share market. India news ...Plus: China is the world's second-largest economy. (01:40) ...
www.articlesbase.com/.../indian-economy-news-check-the-pro...

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