Today: CHINA Economy News, Sep 15, 2011

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Sep 15, 2011

CHINA Economy News, Sep 15, 2011


Bryan: Will China save world economy?
Montreal Gazette
New reports yesterday from the Asian Development Bank and Montreal-based BCA Research tell the same story: China is still managing to sustain strong growth, juggling the risks of an overheated, inflationary economy on the one hand and too-tight policy ...
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Report shows 16 'greenest firms'
BBC News
The study by the World Economic Forum (WEF) pinpointed firms in countries as diverse as Costa Rica, Egypt and China. The WEF said it showed that global "green" businesses were not the only ones with sustainability credentials. The report looked at 1000 ...
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BBC News
China urges European countries to get financial affairs in order
Globe and Mail
“To show one's sincerity on this issue [of the market economy] a few years ahead of that time is the way a friend treats another friend.” China's seemingly unquenchable demand for raw materials and its $3.2-trillion foreign-currency reserves have ...
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Globe and Mail
Interbrand Releases 2011 Best China Brands Report
PR Newswire (press release)
According to the ranking, the brand value of outstanding Chinese enterprises is on the rise asChina's economy continues to grow, reflecting an evolution in Chinese brands from best-in-class to world-class. During the past four years (2007-2011), ...
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In China, smoking, salty food, inactivity accelerate chronic disease epidemic ...
Washington Post
The World Bank estimated in a July report that reducing the death rate of cardiovascular disease — conditions that cause heart attacks and strokes — by just 1 percent a year over three decades could generate an economic value equivalent to 68 percent ...
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RI firms can benefit by advertising in China
Jakarta Post
With fortunes shaped by political repression and economic freedom alike, the Middle Kingdom has leaped well ahead of a fast-changing world economic order. Often lost in this reportage, however, is another story of global importance: That of the world's ...
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Asian economy to see moderate growth amid world uncertainty
Philippine Star
The report noted that China's rapid expansion over the past three decades has led to economicimbalances which policy makers are seeking to address in the 12th Five Year Program. Continuing reforms, including rebalancing the investment and export-led ...
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Corn, Soy Called Lower on Economic Concern; Wheat May Rise
BusinessWeek
{NSN LRI5GH0UQVI9 } -- China's corn crop may reach a record, exceeding 180 million tons, theChina Daily reports, citing Xu Xiaoqing, director of the Department for Rural Economic Development at the State Council's Development Research Center. ...
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Crude Oil, Gold Look to US Retail Sales Report for Direction
DailyFX
Looking ahead, all eyes are on the US Retail Sales report, wheremedian forecasts call for receipts to rise 0.2 percent in August, marking the weakest reading in three months. However, a Citibank gauge of US economic data surprises suggests indicators ...
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Copper prices fall as consumers restrain spending; other commodities mixed on ...
Washington Post
It was the latest in a series of reports that point to a slowing economy, which could diminish demand for a wide range of commodities from copper to gasoline. The report indicates that consumers “are pulling back and do not feel very optimistic,” IHS ...
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Most Chinese Stocks Advance After European Debt Concerns Ease
Bloomberg
The People's Bank of China's report found 49.6 percent believe consumer prices will rise in the next quarter, 4.1 percentage points more than in the previous three months. An index of inflation expectations also climbed, according to the survey posted ...
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Lee Kuan Yew: Singapore Has No Plans To Buy Europe Bonds - Report
Wall Street Journal
Former Singapore Prime Minister Lee Kuan Yew said his country had no plans to buy European bonds and even a China-led rescue won't be able to resolve the ongoing debt crisis, a report said Wednesday. "It's going to be very painful because it's an ...
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Morning papers: Economy in danger zone, World Bank
FT Adviser
World Bank president Robert Zoellick said on Wednesday the world had entered a new economicdanger zone and Europe, Japan and the US all needed to make hard decisions to avoid dragging down the global economy, reports Reuters. ...
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China sentences 4 Uighur men to death for their roles in July attacks Beijing ...
Washington Post
Uighur activists and security analysts blame the violence on economic marginalization and restrictions on Uighur culture and the Muslim religion that are breeding frustration and anger among young Uighurs. China's leaders say they have invested ...
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Children among six killed by axeman in China
Herald Sun
The 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'seconomy booms. The 30-year-old farmer carried out ...
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Report: Apple Has Opened a New iPad Factory in Brazil
PC Magazine
By Leslie Horn Apple has reportedly ventured out of its manufacturing stronghold in China to open an iPad factory in Brazil. According to a report on Brazilian site UOL uncovered by MacStories, Brazil's Minister of Science and Technology Aolizio ...
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Lu Dadao: China Is Flying Blind on Transportation
Wall Street Journal
The 71-year-old Mr. Lu, president of Geographical Society of China, is China's leadingeconomic geographer and a member of the state-run Chinese Academy of Sciences. He headed a team of government researchers that last year issued a report criticizing...
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Wall Street Journal
Aquinomics: no economics
Inquirer.net
It was the sole report on the Sept. 1 meeting between President Aquino and Chinese Premier Wen Jiabao. The article was headlined: “China urges the Philippines to properly handle aftermath of HK hostage incident.” “BEIJING, Sept. ...
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Swiss Stocks Rise for Second Day; Richemont, Swatch Advance
BusinessWeek
The report followed comments from Premier Wen Jiabao that developed nations should cut their deficits rather than relying on China to bail out the world economy. Separately, finance ministers from Brazil, Russia, India and China will meet on Sept. ...
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FTSE live: market report - as it happened September 14, 2011
Telegraph.co.uk
“Persistent fears over Eurozone sovereign debt and the US economy have revived fears last seen during the darkest days of 2008,” said the broker. “Will the risk of a liquidity squeeze in the banking system and further economic slowdown push property ...
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Telegraph.co.uk
China's Rich Lists Riddled With Communist Party Members
Forbes
The growing ranks of the mega-rich in China are unsurprising in an economy that doubles in size every eight years. However, the fact that over 90% of the 1000 richest people tracked by the Hurun Report are either officials or members of the Chinese ...
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Forbes
State exports rose to a record in 2nd quarter
Minneapolis Star Tribune
Ernie Goss, economics professor at Nebraska's Creighton University, called the report "consistent with our monthly surveys of Minnesota. And I expect [export] to remain a very solid area of growth in the months ahead, with the dollar continuing to ...
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NZ tuition fees among world highest
New Zealand Herald
The report analysed education at all levels in 34 OECD member countries as well as Argentina, Brazil, China, India, Indonesia, Saudi Arabia, the Russian Federation and South Africa in 2008 and 2009. New Zealand had the seventh-most expensive tuition ...
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IIJT to conduct job fair on September 17 in Hyderabad
India Education Diary
New Delhi: Mr Tian Chengzhong, Vice Governor, Hubei Province of China, addressing a seminar on "2011 Wuhan-New Delhi Economic and Trade Cooperation", organized by the Confederation of Indian Industry and China Council for Promotion of International...
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India Education Diary
EU warned of credit crunch threat
Reuters
Chinese state media said the EU should recognize Beijing's help with the debt crisis by giving China market economy status, which would give better protection against European anti-dumping penalties -- a major irritant. A senior Indian official said ...
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Reuters
Democracies in tandem
Hindustan Times
India's common democratic values, growing economy, geographic location and strategic assets make it an indispensible partner for the United States. On a number of issues of global governance, India remains the most important 'swing State' in the ...
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"Think Asia, Think Hong Kong" Draws 1000 in London
MarketWatch (press release)
Lord Sassoon cited Hong Kong's free-flowing economy as a "fundamental attraction: Hong Kong's strengths as a trading partner are apparent; for the 17th straight year the Heritage Foundation named it the world's freest economy," he said. ...
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Belarus suspected of helping Iran develop nuclear capabilities
Ha'aretz
If suspicions confirmed, Belarus would join China, Russia, Syria, North Korea, Turkey and other states believed to have helped Tehran flout UN measures since late 2006. By Reuters Tags: Iran Iran threat Iran nuclear Belarus is the latest country that ...
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GLOBAL MARKETS: European Stocks Rise; Hopes For China Bond Buying
Wall Street Journal
Central to the positive tone Wednesday was a report quoting an official from China's economicplanning agency stating that the super power is will to buy bonds of the crisis-hit nations. Market participants had been hoping China could use some of its ...
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Yuan Advances on China's Resilience, Easing Europe Debt Crisis
Bloomberg
The Asian Development Bank lowered its 2011 economic growth forecast for China to 9.3 percent from an April estimate of 9.6 percent, according to a report released today. Its projection for Asia excluding Japan was cut to 7.5 percent from 7.8 percent.
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Fundamental Oil Report (2011-09-14)
International Business Times
China and the United States have expressed their concerns over the European debt crisis, saying that the Euro zone nations must contain the crisis and avert contagion risks to other debt laden nations, and the Chinese Premier said that the world must ...
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China dissident writer free after 5 years in jail
San Francisco Chronicle
China's Communist leadership doesn't tolerate any perceived challenge to one-party rule. Critics are often jailed on vague charges of subversion and endangering state security or, sometimes, for allegedeconomic crimes. Increasingly, police have also ...
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Analysts see 'unprecedented' demand for Apple iPhone 5
Globe and Mail
Premier Wen Jiabao today warned leaders of the struggling western world to get their houses in order, and move more quickly to recognize China as a market economy, Carolynne Wheelerreports from Beijing. His comments come as the so-called BRICS group ...
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Hong Kong Stocks Tumble to Lowest Since May 2010 on Greek Debt
BusinessWeek
The Hang Seng Index fell 1.7 percent last week, ending a two-week streak of gains as a slowdown inChina's industrial output expansion and stalling US jobs growth raised concern about the globaleconomy. Shares on the index traded at 10.1 times ...
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AMSC Filing Criminal and Civil Complaints Against Sinovel
MarketWatch (press release)
AMSC is filing criminal and civil complaints in China against Sinovel and other parties alleging the illegal use of AMSC's intellectual property. These cases follow an intensive investigation conducted by both AMSC and law enforcement. ...
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Germany ETF Leads European Stocks Higher
ETF Trends
Italy, the Eurozone's third largest economy, has asked China to buy large amounts of its debt, according to reports this week – iShares MSCI Italy (NYSEArca: EWI) rose 2.2% on Wednesday. Meanwhile, the lower house of Parliament in Italy is expected to...
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ETF Trends
European biz group says China slowing on market opening
Plastics News
The chamber said it was enthusiastic about the 12th Five-Year plan the government unveiled in March because many of its priorities are strengths for European industry, and EU firms can help Chinarebalance its economy away from exports to promote ...
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Alarming Poverty Rate: Is US Becoming a Third World Country?
International Business Times
One critical aspect to be noted here is the rising economic power of China. Take the case of the communications and technology products China exports. The US is no longer the top exporter is this sector. China has clearly overtaken the US In addition, ...
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LDK Solar and Trina Solar Forecast Growth for Remainder of 2011 and Beyond
MarketWatch (press release)
The firm says that the United States slipped to second place last year -- due in part to China's $11.5 billion in asset-financing for clean technology in the second quarter of this year. The Paragon Reportprovides investors with an excellent first ...
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Brazil's Europe idea a mostly hollow power play
Globe and Mail
Brazil aspires to become the world's fifth-biggest economy sometime this decade, and senior officials in President Dilma Rousseff's government see the financial crisis in Europe and the United States as an opportunity to push for a role in global ...
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Globe and Mail
Stocks Close Higher On Greek Reassurances
Seeking Alpha
A duo of US economic reports this morning showed that retail sales and prices paid by producers for wholesale goods both were little changed in August. Retail data was below analyst expectations.Reports say German Chancellor Angela Merkel and French ...
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Sorrell Says WPP Counts on BRICs, `Next-11' for Growth
Washington Post
Sorrell spoke yesterday with Bloomberg Television's Stephen Engle at the World Economic Forum's Annual Meeting of the New Champions in Dalian, China. (Source: Bloomberg) (/Bloomberg) Correction: Clarification: SuperFan badge holders consistently post ...
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ADB cuts China's growth forecast to 9.3 pct ... - China Business News
By CBN
China's economic growth slowed during the first half of the year, mainly due to the country's tightening policies and weakening outbound demand, said Paul Heytens, ADB country director forChina, in the report. The country's gross domestic ...
China business news
Fairfax Marketing Report including Cluff Gold, Firestone Diamonds ...
Economic NewsChina – The 24hr campaign of tough talking has continued with Premier Wen Jiabao announcing that indebted nations must take steps to sort out their own problems, reducing speculation that China will come to the rescue of ...
Proactiveinvestors United Kingdom...
XE.com - UPDATE 2-China c.bank survey shows inflation ...
Search for a news provider, date, or keywords. News Providers: Thompson Financial, AP, XFN-Asia, Daily FX, Reuters ... (Reporting by Aileen Wang and Kevin Yao; Editing by Jonathan Hopfner) Keywords: CHINA ECONOMY/SURVEY ...
XE Forex News
Jamaica signs agreement on Economic and Technical Cooperation ...
By admin
... Cooperation with China. Wednesday, September 14th, 2011 | Caricom News Network ... During his address at the forum, Minister Tufton indicated Jamaica's commitment to strengthening the relationship between the Caribbean and China, and identified the country's tourism, bauxite/mining, light manufacturing; agro-processing and telecoms sectors as critical areas that presented possibilities for business collaboration and investment. ... CLICK HERE FOR FULL STORY. Copyright ...
Dominica News Online
US lawmaker: China 'drunk' with economic might - Yahoo! News
Read 'US lawmaker: China 'drunk' with economic might' on Yahoo! News. China ... The lawmaker noted that his panel had recently received a report from the US ...
news.yahoo.com/us-lawmaker-china-drunk-economic-might-1...
China leads other BRICS nations in economic ranking report ...
China leads other BRICS nations in economic ranking report. Updated: 14 Sep 2011. Share thisnews?...Click box Bookmark and Share. Read more on BRICS ...
www.whatsonningbo.com/news-4853-china-leads-other-brics-...
China Business News: Asian Development Bank lowers China's ...
It is estimated that China's economic growth will largely depend on investments ... For more news, financial weekly reports, business guides to China, Market ...
www.chinaknowledge.com/newswires/News_Detail.aspx?...
China's inflation rate eases as economy cools - NBC12 News ...
NBC12 News, Weather Sports, Traffic, and Programming Guide for Richmond, VA | China's inflation rate eases as economy cools ... stimulus in the event of a slump in global demand," said Mark Williams, of Capital Economics, in a report. ...
www.nbc12.com/.../chinas-inflation-rate-eases-to-62-pct-in-au...

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