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Sep 20, 2011

CHINA Economy News, Sep 20, 2011


China bank halts swaps with some European banks
MarketWatch
Jonathan Slone, CEO of CLSA Asia-Pacific Markets — Asia's longest running independent brokerage — speaks on business in Asia, potential growth markets and economic imbalances between the US and China. The Dow Jones report said the suspension also ...
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Chu Says China Can't Be Global `White Knight' (Correct)
Washington Post
(Corrects headline in report originally published Sept. 16 to say Chu says China cannot be a `white knight' for the global economy.) Sept. 16 (Bloomberg) -- Victor Chu, chairman of Hong Kong-based First Eastern Investment Group, talks about China's ...
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China Business Climate Causing 'Growing Frustrations': Locke
Bloomberg
In a report in March, AmCham found 24 percent of respondents to an annual business climate survey said China's economic reforms had done nothing to improve the environment for US businesses in the country, up from 9 percent who said the same in a poll ...
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Communication limited in N. Korea's Rason economic zone: report
Yonhap News
North Korea designated Rason as a special economic zone in 1991 and has since striven to develop it into a regional transportation hub, though no major progress has been made. The area borders bothChina and Russia. North Korea first launched mobile ...
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China, India buy up Australian coal field
AFP
SYDNEY — Energy-hungry India and China have snapped up almost all of Australia's next big coal field, the northern Galilee basin, three years before production even begins, according to a report. Just 1.2 billion of the more than 20 billion tonnes on ...
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AFP
India's calibrated equation with China
Economic Times
That report further said that despite increased political and economic relations over the years between China and India, tensions persist along their border, most notably over Arunachal Pradesh, which China asserts as part of Tibet and, therefore, ...
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Nichols & Meyer Capital Partners Publishes New Report - China to Invest ...
Newswire Today (press release)
The Chinese premier said his country, which has the world's second biggest economy, will continue to increase its investment in the eurozone, a day after reports -- denied by Rome -- that Italy had asked Beijing to buy its bonds. China is sitting on ...
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Cristian Baeza discusses global health, noncommunicable diseases
Washington Post
NCDs are a threat to economic development, front and center, a tremendous challenge for countries' future economic development . . . and a cause of catastrophic losses for households. Many, many people fall into poverty because of NCDs. ...
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China's steel demand growth seen to weaken -CISA
Reuters Africa
SHANGHAI, Sept 20 (Reuters) - Growth in steel demand in China is expected to slow in near future and prices will fluctuate in response to the gloomy global economy, the China Iron & Steel Association (CISA) said on Tuesday in its monthly report. ...
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Energy Report: India, China to lead Massive Growth in Consumption
RenewableEnergyWorld.com
For renewable energy, its future capacity is expected to be greatly determined by existing and future policies for economic giants and developing nations alike. The report projects that worldwide consumption will grow 53 percent between 2008 and 2035, ...
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China's growth good for world economy
The Citizen Daily
... if China can maintain its robust economic growth pace, it will be the biggest contribution the country can give to the world economy,” Lin told Xinhua after a media background briefing on the Bank's flagship World Development Report 2012 released ...
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Nation leads Asia in PE funds
China Daily
Over the past three years, the amount of newly raised funds has been increasing, with renminbi funds taking the lead, according to the AVCJ report. Chinese analysts attributed the boom in China's PE funds to the nation's "sound economic development". ...
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India to topple Japan as world's 3rd-largest economy
Economic Times
India is now the fourth-largest economy behind the US, China and Japan. Numbers from 2010 show that the Japanese economy was worth $4.31 trillion, with India snapping at its heels at $4.06 trillion. But after March's devastating tsunami and earthquakes ...
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Copper Tumbles Most in 10 Months on Mounting European-Debt Woes
BusinessWeek
European manufacturing contracted in September for the second straight month, economists said before a report on a purchasing-managers index this week. Europe's economy is cooling as governments extend spending cuts to narrow budget deficits. In China ...
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Hong Kong Stocks Swing Between Gains, Losses on Europe Concern
Bloomberg
The stock slumped 17 percent yesterday after its parent halted operations at mine in China following a fatal accident. The suspension won't have a significant impact on output, it said. To contact the reporter on this story: Jonathan Burgos in ...
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Nigeria, five others to shape global economy by 2025, says World Bank
Moment Nigerian Newspapers
Another currency that would pose a competition to the dollar, according to the report, is the Chinese renminbi. 'China's economy and the rapid globalisation of its corporations and banks will position the renminbi to take a more important international ...
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Economy and Weather Put the Squeeze on Wine Grape Supply, UC Davis Graduate ...
MarketWatch (press release)
DAVIS, Calif., Sep 19, 2011 (BUSINESS WIRE) -- The sluggish economy and unusually cool weather this season have dramatically tightened the supply of wine grapes, a situation that will likely continue for several years, reports Robert Smiley, ...
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China's Stocks Fall to 14-Month Low on Tightening Concern, IPOs
San Francisco Chronicle
Oil fell as much as $1.13 to $86.83, a one-week low, in New York on speculation that fuel demand will falter amid signs of weaker economic growth in Europe and the US, the world's largest consumer of crude. Reports this week may show US home sales ...
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Asian century: How B.C. can profit
Vancouver Sun
By Jock Finlayson, Special to The Vancouver Sun September 19, 2011 7:03 PM China's ascent highlights a bigger trend that is reshaping the world order: the emergence of Asia as the fastest-growing and most dynamic part of the global economy. ...
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How can China break US dollar's dominance?
People's Daily Online
Only when the RMB can "go global," "stay" in the world and "come back" through smooth channels can China's economy shake off the yoke of the US dollar or the euro fundamentally. Obviously, it will be difficult. Li said that the US dollar has been the ...
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Emerging Markets and Financial Services Offer a Clear Growth Opportunity for ...
MarketWatch (press release)
According to the report, financial services offer a clear growth opportunity, especially in emerging markets. "Trade is vital for the Canadian economy and we, as a country, should be focusing on our competitive advantages, including financial services, ...
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Daily Report: Euro Soft after Italy Downgrade, Greece Talk Continues
Action Forex
Also there are rumors that a major China bank has stopped foreign exchange swaps with several European banks in response to recent downgrades. Though, there was some relief as Greece said the country is close to getting the next tranche of bailout ...
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McCaskill, Blunt behind drive to prevent China from trade violations
STLtoday.com
A new report estimates that 2.8 million jobs were lost in the United States over the past decade as a result of the trade deficit with China. The report was scheduled to be released today by theEconomic Policy Institute, a left-leaning think tank in ...
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New Zealand Slashes Tourist Spending Forecasts on Currency
Bloomberg
Spending is likely to rise to NZ$6.6 billion ($5.4 billion) by 2016 from NZ$5.6 billion last year, the Ministry of Economic Development said in a report on its website today. The 2016 projection is 19 percent less than the NZ$8.17 billion forecast in ...
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EUR hurt by Italy downgrade, reports of China action on EU banks
FXstreet.com
The next leg down came following a Reuters report that a China state bank had ceased FX forwards and swaps trading with a number of European banks including Societe Generale, BNP Paribas and UBS due to ongoing EU debt worries. ...
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Johnson Builds Battery Plant in China
Zacks.com
Johnson Controls Inc. (JCI - Analyst Report) plans to invest $100 million for building an automotive battery plant in China. The plant will manufacture start-stop batteries and supply to global and local automakers in Asia. ...
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Local debt NPL problems to loom by '13: Asset manager's poll
China Daily
By Lan Lan (China Daily) BEIJING - China's local financing vehicles could face the rising risk of bad loans and major problems might emerge as early as 2013, a reportby a major Chinese asset management company released on Sept 19 said. ...
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China Daily
World Bank says closing gender gap is smart economics
Radio Australia
Mr Zoellick says countries that create better opportunities and conditions for females can raiseeconomic productivity, improve outcomes for children and build better societies. WERDEN: In its latest Gender Equality and Development report, ...
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China Study Eyes Carbon Tax
Radio Free Asia
Until now, the government has resisted absolute limits on emissions in treaty talks to replace the Kyoto Protocol, arguing against any restrictions on China's economic development. The problem with that, says the study by Harvard and Tsinghua ...
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World Bank's flagship report makes case for investment in women
The Guardian
High maternal and child mortality rates persist in countries that have made hugeeconomic progress, such as India and China, and, while gender gaps in education have narrowed, girls from the poorest families are still less likely than boys to attend ...
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The Guardian
World Leaders Commit to Fighting Tobacco Use as Part of Global Battle Against ...
MarketWatch (press release)
The report from the World Economic Forum and Harvard School of Public Health shows that without aggressive efforts to reduce NCDs, the global economic impact from the four leading non-communicable diseases could total over $30 trillion over the next 20 ...
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How to Revive US Trade Policy
Council on Foreign Relations
A new CFR Task Force Report on US Trade and Investment Policy asserts that free trade is essential for the United States to maintain its economic competitiveness in an increasingly global economy. Moreover, with US unemployment stuck above 9 percent, ...
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Council on Foreign Relations
Taste of democracy sends Burma's fragile economy into freefall
The Independent
A presentation given to heads of industry and ministers by the President's chief economic adviser U Myint, which has been seen by The Independent, paints a grim picture of the Burmese economy'sdifficulties. The report, which speaks of "rampant ...
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China's New Monetary Measure May Include Forex, Other Deposits - Report
NASDAQ
BEIJING -(Dow Jones)- A revised measure of money supply being formulated by China may take into account components like foreign-exchange deposits, local- government deposits and wealth management products held in the real economy, the Caixin Century ...
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Pre-Opening Soy Complex Market Report
NASDAQ
China futures fell 0.7% overnight, and futures have closed lower for five sessions in a row. Palm oil futures in Malaysia closed down 0.95%. While equity markets in Asia were mixed during overnight trading, stock indices in Europe are generally weaker ...
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India, China growth good for world economy: US News
By Staff
'I think one of the great strengths of the world economy, looking forward, is the prospects of a long period of very rapid growth in the major emerging economies, including China, India, Brazil, Russia,' US Treasury Secretary Tim Geithner told ...
News One
Copper falls to nine-month low on European ... - China Business News
By CBN
Copper falls to nine-month low on European Debts, China prices. ... The London-based MarkitEconomics report is set for release on Sept. 22. Sixty percent of equity ... Subscribe to free RSS and email updates from China Business News ...
China business news
China Ministry: Market Economy Status Separate ... - Financial News
By forex - Google News
BEIJING (Dow Jones)--A spokesman for China's Ministry of Commerce said Tuesday there is no necessary connection between aiding Europe and achieving recognition of China's market economystatus, rebutting speculation in recent days ...
Financial News
XE.com - UPDATE 2-China ministry says no preconditions for EU ...
Speaking at a routine news conference, the commerce ministry's spokesman Shen said Beijing believed that China had turned into a market economy after 30 years of reform. 'But the European Union has not acknowledged China's full market ...
XE Forex News
China: leading but not innovating? | beyondbrics | News and views ...
By Rob Minto
beyondbrics, from the Financial Times, brings news and comment from more than 40 emerging economies, headed by China, India, Brazil, Russia, Mexico, Indonesia and South Africa. We cover politics and economics, finance and business ...
beyondbrics
China issues eurozone warning
2 min
The Chinese Premier Wen Jiabao has told western countries to sort out their debt problems. Speaking at the World Economic ...
bbc.co.uk
China Merchants' Ma, UBS's Li Comment on China ...
1 min
Sept. 15 (Bloomberg) -- Ma Weihua, president of China Merchants Bank Co., the country's sixth-largest lender, and David Li ...
youtube.com
World 'cannot rely on Chinese bailout'
3 min
the global economic recovery. Some of the world's sharpest economicminds have gathered in Dalian, China for the World ...
bbc.co.uk
Chan Says Housing Volume Key in China Third-Tier ...
5 min
Sept. 16 (Bloomberg) -- Patrick Chan, vice chairman of Euro Asia Premier Real Estate Co., talks about real-estate prices in China ...
youtube.com
9.16.2011 - GGN News - Economy - Trade Failing ...
15 min
Uploaded by ddarko2012 on Sep 16, 2011 PLEASE SUBSCRIBE!! Please visit: www.ggnonline.com for the latest news ...
youtube.com
Dalian 2011 - China's 12th Five-Year Plan Deciphered
59 min
www.weforum.org 15.09.2011 How will the 12th Five-Year Plan reshapeChina's growth model and create new economic ...
youtube.com
ECONOMY REPORT 2011.09.14 (21:30)
25 min
0914 Wednesday1 GLOBAL STOCKS RALLY2 EUROZONE CRISIS TALKS3 GREECE RULES OUT DEFAULT4 GREEK TAXI ...
dailymotion.com
Chovanec Says China Can Help Europe by Buying Goods
6 min
Sept. 14 (Bloomberg) -- Patrick Chovanec, a professor at Tsinghua University's School of Economics and Management in Beijing ...
dailymotion.com
China Report 2011.09.14 (16:30)
10 min
Xinhua TV- China Report (Sept 14, 2011)Editors: Liang Wenchao, Feng Shuang, Yin Le, Yuan Ruting, Zhu Jianhui, Yin Hang, Liu ...
dailymotion.com
GIS News - Mon. 12th Sept, 2011
45 min
GIS News Headlines: Grenada expected to sign technical and economiccooperation agreements with China. Works Minister ...
youtube.com

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