Today: CHINA Economy News, Sep 16, 2011

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Sep 16, 2011

CHINA Economy News, Sep 16, 2011


Most Hong Kong Stocks Decline on Wen Comments; Developers Fall
BusinessWeek
14 (Bloomberg) -- Most Hong Kong stocks fell, after Premier Wen Jiabao signaled China should not be expected to bail out the global economy, and as property developers retreated on concern home transactions will fall. China Overseas Land and Investment ...
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China Consumer Demand is 'Overblown': Block
Bloomberg
“Part of the reason for that is that you have luxury-goods manufacturers such as Louis Vuitton thatreport outstanding sales in China.” Muddy Waters research alleging Sino-Forest Corp. (TRE) had overstated timber holdings prompted a 67 percent slump in ...
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Chu Says China Can Be `White Knight' for Global Economy
Washington Post
16 (Bloomberg) -- Victor Chu, chairman of Hong Kong-based First Eastern Investment Group, talks about China's economy, Hong Kong's currency policy and global financial markets. Chu, speaking with Stephen Engle at the World Economic Forum's Annual ...
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Emerging Stock Funds Post 7th Week of Outflows, Citi Says
BusinessWeek
“The lingering unsolved problems of the European debt crisis probably made investors worry again about the fundamental drag on the global economy and equity markets,” Rosgen said in the report. Larger markets such as China, South Korea, ...
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Developing Asia growth will slow down: ADB
Gulf Times
East Asia – including Hong Kong, China, South Korea, and Taiwan – remains the key economicdriver for developing Asia, the report said, with growth forecast at 8.1% this year. That would fall to 8.0% in 2012 as China's economic engine slows, it added. ...
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Report: Huntsman campaign to get lift from Tom Ridge's endorsement
msnbc.com
"You want a president who ... knows China intimately well," he said, according to NBC News. Huntsman also told the audience that "we need to breed a little predictability in our economy ... (and) that means we need to repeal Obamacare. ...
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China Researcher: Cheap Italy, Spain Debt A Good Chance To Diversify Forex ...
Wall Street Journal
Chen Fengying, director of the Institute of World Economic Studies at the China Institutes of Contemporary International Relations, didn't specify what she meant by bonds backed by the whole euro zone. There are moral, economic and strategic reasons ...
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Illinois Gov. Quinn heading to China on Friday
Chicago Tribune
Quinn said increasing exports, along with business investments from China, was a way to help stimulate Illinois' economy. He also said the trip would be another chance to encourage tourism to Illinois from the sprawling country. ...
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China oil demand growth to slow more on weak economic outlook:analysts
Platts
"China's August economic and energy data show, for the first time this year, consistent signs of a slowdown," analysts from Bernstein said in a report issued late Wednesday. As the conflict in Libya winds down and sanctions against Syria take hold ...
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Today's String of Economic Reports Present a Mixed Picture Once Again
FXstreet.com
by Asha Bangalore - Northern Trust | View company's profile It is a challenge to find upliftingeconomic news these days, so let's start with the good economic data among the string of reportspublished today. Industrial production moved up 0.2% in ...
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China needs to rebalance economy: World Bank
Toboc - Trade News
Zoellick's comments came amid mounting fears the United States might be headed back into recession after the Labor Department reported Friday the economy added no jobs in August, its worst employment report in 11 months. ...
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Internet apps boost real economy
China Economic Net
According to report from China Internet Network Information Center (CINIC), the number of internet users in China reached 485 million as of the end of June, with a coverage rate of 36.2 percent. On one hand, the rapid development of the Internet comes ...
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China inflation reaches 'turning point': Report
Economic Times
China's National Bureau of Statistics (NBS) announced last Friday that the inflation rate in the world's second-largest economy fell to 6.2 percent in August from a more than three-year high of 6.5 percent in July. Zhang attributed the dip to ...
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China' s GDP On Par With 1949 Levels
The Epoch Times
According to a recent Radio France International report, China's aggregate economy amounts to US$4.5 trillion, while the United States' is triple that at US$14 trillion; America's per capita income swamps China's by 14 times. ...
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China Merchants' Ma, UBS's Li Comment on China's Economy
Washington Post
15 (Bloomberg) -- Ma Weihua, president of China Merchants Bank Co., the country's sixth-largest lender, and David Li, head of UBS AG's China operations, comment on China's economy. They spoke yesterday at the World Economic Forum's Annual Meeting of ...
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Bumper result points to strong economy
Sydney Morning Herald
THE China-led resources boom delivered the economy a record $175 billion the past financial year, even though some of the country's mines were crippled by flooding, new figures show. A report from the Bureau of Resources and Energy Economics yesterday ...
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Local Government Debt Is China's Subprime, Ex-Lawmaker Says
Bloomberg
Local governments in China, barred from directly selling bonds or taking bank loans, set up more than 6576 companies to raise money for roads, sewage plants and subways. A June report by the national auditor warned of repayment risks and said some ...
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Israeli Social Welfare Groups Slam Committee Report
Bernama
JERUSALEM, Sept 15 (Bernama) -- Israeli social welfare activists and their supporters on Thursday responded angrily over the leaked recommendations of a government panel established to draft an array of socio-economic reforms, reports China's Xinhua ...
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Suzlon named New Sustainability Champion by World Economic Forum
India Infoline.com
The report, prepared with The Boston Consulting Group (BCG), takes into account criteria covering sustainability, innovation, scalability, geography and size. The World Economic Forum and BCG analysed over 1000 businesses in the preparation of this ...
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A Former Premier of China Speaks
The Atlantic
But more interestingly, it was his warnings and assessment of China's economicailments nearly a decade ago that seem prescient and instructive today. The past five years were a particularly unique time in the development of modern China. ...
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The Atlantic
China loses competitive edge as its wages climb
CITY A.M.
LOW WAGES may have been the foundation of China's economic boom, but its competitive advantage in the space is disappearing, according to a report from KPMG out yesterday. Other south and south-east Asian countries like Bangladesh and Indonesia are now ...
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China's wealth divides extending to the edge
People's Daily Online
... released China's first Social Stability Risk Assessment Index System Report, depicting a bleak picture of rising wealth polarization and social acrimony. Various elements of social instability are hiding behind the rapid growth of Chinese economy, ...
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China risks hard landing as global woes spread
Telegraph.co.uk
"That China's economy is slowing while financing is still so abundant illustrates how dependent growth remains on loose funding," she said The economic return on each extra yuan of credit collapsed from 0.75pc to 0.18pc during the credit spree after ...
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Telegraph.co.uk
Bad Education System -- What's the Real Cost?
Huffington Post
According to this report, the global economic crisis has proved much tougher for people without university degrees. Unemployment rates in 2009 among university graduates stood at 4.4% versus 11.5% for those people who did not complete high school. ...
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WEF Report Names 16 Firms as Models for Sustainable Growth
CRIENGLISH.com
The World Economic Forum unveiled a report Thursday naming 16 companies from 10 developing countries as the "New Sustainability Champions" based on their innovative business practices. Thereport, prepared by the World Economic Forum and Norway-based ...
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India Raises Rates, Breaks Ranks With BRICs
Bloomberg
“Growth in India is moderating and not collapsing,” Leif Eskesen, a Singapore-based economist at HSBC Holdings Plc, said before the report. “The global softness is clearly a concern, but India's more domestically-oriented economy is less vulnerable ...
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The Shortwave Report 09/16/11 Listen Globally!
Bay Area Indymedia
This week's show features stories from China Radio International, NHK World Radio Japan, Radio Deutsche-Welle, and Radio Havana Cuba. From CHINA- At the World Economic Forum, Chinese Premier Wen Jiabao outlined a plan to reform his country's political ...
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China eyes 20 pct in Italy's strategic fund -report
Reuters
The China Investment Corporation could take 10-20 percent in Italy's strategic fund, which is being set up by the state-controlled holding Cassa Depositi e Prestiti SpA, it said. The chairman of the CIC, Lou Jiwei, recently met Italy's Economy Minister ...
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China Sentences Four Uighurs to Death Over Unrest
New York Times
A report in the state-run Xinjiang Legal Daily said the trials, which took place on Tuesday in Kashgar and Hotan, were “open and fully protected the suspects' legal rights.” Uighur exile groups, however, said that the defendants were tortured into ...
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17% Ad Spend Growth Forecast for China Next Year
AdAge.com
Despite economic doldrums around the world, China has roared ahead at more than 9% growth, and measured media advertising has been growing even faster in this increasingly important market. The report issued today by Group M China said ad spending is ...
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South Korea top world communications economy: UN
IBNLive.com
Mobile broadband Internet access mushroomed, especially in developing countries where fixed broadband access is scarce, the UN's International Telecommunication Union found in its annual information and communication technology (ICT) report. ...
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Wash. Post Throws The Baby Out With Solyndra
Media Matters for America (blog)
The report says China "leads the world in clean economy deployment" largely because it has been able to "channel vast sums of affordable capital into innovative large-scale deployment projects": What is China's secret in ensuring deployment finance? ...
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Media Matters for America (blog)
QAD Announces China Explore 2011 Customer Conference in Guangxi Province
MarketWatch (press release)
Jay Cao, managing director of QAD Greater China, will present the conference opening address, sharing indicators of economic recovery and a return to growth in the China market. "We are very pleased to announce that QAD China is doing well. ...
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China leading nuclear energy growth
The National
New reactors in China - home to nearly half of all such projects under construction - will help to double the world's nuclear capacity by 2030, the World Nuclear Association, based in London, says in a report. The report released yesterday was the ...
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Soybean Export, Business Agreements between Perdue Agribusiness and China's ...
MFRTech (press release)
“We are excited about the opportunities presented by this new partnership with Dandong and about the potential to help meet the increasing demand from China's growing economy,” said Jim Perdue, Chairman of Perdue. “We are grateful to Governor McDonnell ...
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Investec's CEO on UK's banking changes, world economy
Moneyweb.co.za
STEPHEN KOSEFF: Yes, I think it's something that we do, we report to the market every two months and I think it's important just to keep people up to date on where life is. So, no one is ever without the right information. ALEC HOGG: Generally speaking ...
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UNH president: Despite funding hurdles, university is growing
Foster's Daily Democrat
The school also broke ground on the new Peter T. Paul College of Business and Economics this summer, which will allow more students to attend the university. The Confucius Institute, a new partnership with Chengdu University in China, offers students a ...
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Factory Output Rises in August
Zacks.com
The utility number is mostly about weather, not changes in economic activity, and can be very volatile. The manufacturing only number is a better gauge of overall economic activity. The third sector tracked by the report is Mining (including oil and ...
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Manufacturing in Philadelphia-area Contracted in September
BusinessWeek
The ISM will release its report on Oct. 3. Deteriorating economic conditions in the US and abroad have threatened to curb manufacturing, which helped lead the recovery. “Sovereign debt concerns in Europe, inflation pressures in China and a continued ...
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Current Pulse of Economy from UPS CEO
PBS Nightly Business Report
ERIKA MILLER, NIGHTLY BUSINESS REPORT CORRESPONDENT: How does that change your hiring plans? DAVIS: Our hiring plans are almost done daily. We have the technology that we know what packages are coming in the night before. And so we`ll adjust the work ...
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APEC Conference features female workers
KGO-TV
A report by the President's Council of Economic Advisors show companies with flexible work schedules are actually more productive. "You have lower turnover costs because workers don't have to leave their jobs because they have to care for a sick family ...
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KGO-TV
A123 Systems and FuelCell Energy Remain Poised for Growth
MarketWatch (press release)
Alternative energy stocks are considered exceptionally vulnerable during economic downturns as these companies are dependent on subsidy programs. In addition, with global economic concerns at a high, climate change worries have been pushed to the ...
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Xinjiang's economy set to be transformed | China business news
By CBN
Xinjiang's economy set to be transformed. ... Targeted program will see region prosper, Cui Jia and Mao Weihua report from Urumqi. The Xinjiang Uygur ... Subscribe to free RSS and email updates from China Business News. Subscribe via ...
China business news
Esprit looks to China to offset sliding profits | China Economic Review
By Brad Steiner
HKG) plans to double its sales in China over the next four years in a bid to revive its business amid shrinking profits, Bloomberg reported. The clothier ... The news sparked an 18% drop in its share price, the biggest plunge in three years. ...
China Economic Review primary...
Wen says confident in China´s economic growth CCTV News ...
Wen says confident in China's economic growth. 09-16-2011 08:42 BJT Special Report:2011 Summer Davos in Dalian |. Text:A A A | Email. Share | ...
english.cntv.cn/program/china24/20110916/103322.shtml
ADB cuts China's growth forecast to 9.3% for 2011|Economy ...
China's economic growth will be driven by domestic consumption and government ... demand, said Paul Heytens, ADB country director for China, in the report. ...
www.wantchinatimes.com/news-subclass-cnt.aspx?id...cid...

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