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Sep 24, 2011

CHINA Economy News, Sep 24, 2011

China manufacturing data jolt jittery financial markets as global economic ...
Washington Post
“From a global perspective, China's domestic demand is still way too small to offset the impact of a recession” in Europe and the US, Deutsche Bank economist Ma Jun said in a report. To make up for a 3 percentage point drop in growth in those economies ...
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G20 promises collaboration to boost world economy
USA Today
The statement came as global stock markets have plunged amid worries the world economy is heading back into recession. The US economy is saddled with high unemployment, Europe is burdened by its sovereign debt crisis and growth in China is also slowing ...
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A farewell to How the World Works
Salon
My background in China studies encouraged me to keep a close eye on the economic relationship between China and the US When I realized during the housing boom that that relationship could basically be described as Americans pulling cash out of their ...
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Economic worries all over the world
The Associated Press
The mining towns of western Australia, for instance, are booming as they fill orders from China for iron, zinc and coal. So any signs the Chinese economy might be slowing are sure to frazzle investors. And a report this week showing that Chinese ...
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The Associated Press
Africa, China trade ties diversifying, says AfDB
The Citizen Daily
However, “Europe and the United States remain our main economic partners,” notes the AfDB in thereport released this week. Trade relations between Ethiopia and China have expanded considerably in just a few years, from $100 million in 2002 to $860 ...
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Basic Materials Shares, ETFs Led Losses After China's Report Thursday
ETF Trends
iShares S&P Global Materials Sector Index Fund (NYSEArca: MXI) lost 6.6% Thursday on the downbeat economic report from China, mixed with lowered economic activity in the United States and Europe. The ETF allocates 62.5% to materials and 32.4% to...
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ETF Trends
Beijing best in balancing growth and environment, study says
Vancouver Sun
Beijing retained top position in a Chinese state ranking of cities and provinces offering the best balance between economic growth and environmental protection. Shanghai ranked second inChina's Green Development Index, according to a report by the ...
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Asian Stocks Decline for Third Week on Global Recession Concern
Bloomberg
Hong Kong's Hang Seng Index (HSI) tumbled 9.2 percent, and the MSCI China Index sank 11 percent, their third-worst weekly declines since at least August 2001, after a report showed China'smanufacturing may contract for a third month in September. ...
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10 States Losing the Most Jobs to China
The Atlantic
With American companies moving operations to China and international companies preferring the cheaper Chinese-made goods, the Economic Policy Institute found the US lost 2.8 million jobs toChina in the past decade. While all states have been affected, ...
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Summary Box: Copper, silver, gold lead broad commodities sell-off on global ...
Washington Post
ECONOMIC WORRIES: Investors are concerned about the US economy, Europe's struggle with sovereign debt problems and slower growth in China. The issues are raising questions about where the overall economy is headed and future demand for commodities. ...
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Banks drive FTSE recovery on ECB action hopes
Reuters
A grim economic outlook from the US Federal Reserve and downbeat manufacturing data in Chinahave heightened fears the global economy could be heading back into recession, particularly hurting commodity stocks in the previous session. ...
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China may have had a gigantic bubble; some sectors of the economy will ...
Economic Times
According to him, the weakness in Hong Kong stocks has to do with a forthcoming meaningful slowdown in the Chinese economy and disappointing news coming out of China. Hong Kong shares continue their decline, and are poised for the worst week since ...
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Private Lending at High Rates Growing in China
The Epoch Times
Similarly, in China's southern Pearl River Delta, one of the main hubs of China's economic growth, individuals who find no better way to use their cash also turn to private lending despite the potential risks. "Many state-run enterprises, ...
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After the big sell-off, can stocks rebound?
MSN Money
So, the week ahead starts with worry about China's economic growth slowing and, of course, the continuing watch to see if Greece defaults on its debt, precipitating a European banking crisis. The problem is so serious that the Obama administration has...
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MSN Money
Solyndra's China syndrome
Salon
Considering this gross market-skewing inequity, the shocking energy story of 2011 is that a green industry exists at all. And not only does it exist -- it is now suddenly drawing sustenance in a swath of the economy that today seems like a barren ...
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Salon
China's role in int'l division of labor changing
People's Daily Online
By Li Yuyang (China Economic Net) As China accelerates the process of upgrading its industry, the country's manufacturing industry is gaining ground in global competitiveness, and the basic feature of the country's trade relations with developed ...
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FedEx Touches 2-year Low
Zacks.com
... CSX Corporation (CSX - Analyst Report) and Norfolk Southern (NSC - Analyst Report). Besides, there have been weak economic indicators from major countries including China, Europe and the US that intensified fears of a new recession. ...
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Argentine economic plan: Raise spending, salaries
San Jose Mercury News
The stimulus has goosed an economy already benefiting from soaring commodity prices. Argentine data released by the International Monetary Fund last week indicate that its gross domestic product is rising 8 percent this year, second only to China in a ...
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Women's share in global economy much smaller: WB-IFC report
Pakistan Daily Times
By Zeeshan Javaid ISLAMABAD: World Bank (WB) and International Finance Corporation (IFC) have expressed concern over legal and regulatory hurdles faced by women to fully participate in the globaleconomy, announcing in their joint report that women ...
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Senators Stabenow, Levin Unveil Legislation To Crack Down On Currency ...
Middle East North Africa Financial Network
A recent report estimated that if the Yuan and satellite currencies were revalued to their equilibrium level, up to 2.25 million jobs could be created through an increase in US Gross Domestic Product (GDP). "China's illegal currency manipulation ...
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First do no harm
Deseret News
We wish that the Federal Reserve would have the same consideration for our ailingeconomy. In theory, there are two big governmental levers to guide the economy: monetary policy, handled by the Federal Reserve and fiscal policy, which is how the ...
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Deseret News
World Economic Forum report names three Indian companies 'sustainability ...
Economic Times
By 2025, Brazil, China, India, Indonesia, the Russian Federation, and South Korea together will account for more than 50 per cent of the world's growth. The report covered more than 1000 companies from around the world on the basis of their ...
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Global economy slows the growth of local industrial production
Focus Taiwan News Channel
The ministry said it was because of the lower tariffs implemented by the Economic Cooperation Framework Agreement (ECFA) between Taiwan and China and the rising demand in emerging markets. In addition, the report also forecast the production index for ...
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Specter of global depression haunts IMF, World Bank meetings
World Socialist Web Site
On Tuesday, the IMF issued its World Economic Outlook report, in which it sharply downgraded its forecast for economic growth worldwide, as well as in the US, Europe, the advanced economies as a whole, and China and India. The report projects growth of ...
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Ghana: Economic Troubles Make Delivery On Anti-Poverty Commitments Urgent
AllAfrica.com
Due to economic difficulties since the 2008 financial meltdown, many developing countries need to channel an additional 1.5 per cent of their gross domestic product to achievement of the Millennium Development Goals (MDGs), a new United Nations' report ...
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Economic recovery has begun in Northern Colorado
Northern Colorado Business Report
The world economy will not save the US economy - or vice versa. Europe is a mess and the financial situation there will drag on the US financial sector. The European Community needs more than just a common currency. China's growth will slow if the rest ...
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Geithner: China 'stealing' U.S. ideas
Politico
“They [China] have made possible systematic stealing of intellectual property of American companies and have not been very aggressive to put in place the basic protections for property rights that every serious economy needs over time,” Geithner told a ...
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Politico
Libre: Rise of China
Sun.Star
By Mel Libre WITH the Greek virus infecting the euro, and with the US still hovering in fiscal purgatory, the only bright spot is China, whose economic condition has grown through the years and remains positive in 2011. One publication said that “the ...
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Recent failures cloud U.S. solar industry's growth
The Journal News | LoHud.com
Many in business and economics say China has not played fair. "The damage done to the USeconomy by Chinese protectionism is real, present and substantial," writes Peter Morici, an economist who is a professor at the University of Maryland. ...
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Chile Holds Successful Seminar in the United States to Attract Investment
MarketWatch (press release)
The UNCTAD report also highlighted Chile as one of the 20 countries with the greatest potential for the 2011-2013 period in a listing drawn up from consultations with multinational companies that was headed by China, the United States and India. ...
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Further share sell-off marks worst week in nearly 3 years
China Daily
Faber is the author of the book "Gloom, Boom and Doom Report" and is famous for his bearish position towards the global economy and the stock market. By technical definition, any stock market which falls from its previous highs by more than 20 percent...
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China Daily
Stocks gain; Dow suffers worst week since 2008
San Jose Mercury News
A report out Thursday that showed a drop in Chinese manufacturing added to the list of concerns. Demand from China, the world's second-largest economy, has helped give other countries from Indonesia to Canada a lift. But its central bank has been ...
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NYMEX-Crude down on ongoing economic worry
Reuters
[GOL/] * Copper fell to its lowest in more than a year as escalating fears over an economicslowdown in the United States, Europe and China and the increasing worries over a debt default in Greece triggered a brutal sell-off. [MET/L] * US Commodities ...
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Philippine Plan for Joint South China Sea Development Has Legal Basis
Voice of America
One of its stronger complaints concerns a February incident in which Chinese naval vessels allegedly harassed an exploration ship in the Philippines' exclusive economic zone. China has repeatedly said there were no intrusions into Philippine waters. ...
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European Stocks Post Weekly Drop as Fed Sees Risks to Economy
BusinessWeek
China's manufacturing may shrink for a third month in September, the longest contraction since 2009, after a preliminary index of purchasing managers showed measures of export orders and output declined. A report in Brussels showed that European ...
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China, India to host strategic economic ... - China Business News
By CBN
China, India to host strategic economic dialogue. ... Stay informed everyday. Subscribe to free RSS and email updates from China Business News. Subscribe via Email · Subscribe in a Reader · Follow us on Twitter · Connect on Facebook ...
China business news
Signs of China slowdown add to dim global outlook (AP) | Stock ...
By Editor - Stock Markets News
Signs of China slowdown add to dim global outlook (AP). Written on September 23, 2011 by Editor - Stock Markets News. SHANGHAI – Signs that the powerhouse Chinese economy is slowing have spooked global markets and sharpened ...
Rocket News
Economic worries all over the world - WMBFNews.com | Myrtle ...
Live, local, late breaking news, weather and sports for the Grand Strand and Pee Dee. ... Economicgrowth in powerhouse China appears to be slowing. And in the ... Recent reports suggest the European economy is already decelerating. ...
WMBF - News

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