Today: CHINA Economy News, Oct 02, 2011

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Oct 2, 2011

CHINA Economy News, Oct 02, 2011


US Senate to take up China currency bill
Montreal Gazette
Romney has dubbed China an "economic threat" and vowed to designate Beijing a "currency manipulator," a step that can trigger retaliatory US sanctions under existing law. But "this is a free trade issue and Governor Perry does not support this bill," ...
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Weekly Crude Palm Oil Report October 2 2011
The Borneo Post
The global equities ended the third quarter 2011 with the biggest fall since the economic crisis started in 2008. Economic reports from the countries like China, Germany and US indicated that the global economy was slowing down with the focus being ...
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China, Tanzania Sign $1bn Gas Pipeline Deal - report
THISDAY Live
China and Tanzania have signed a $1 billion loan agreement to build a major natural gas pipeline in east Africa's second-biggest economy, a Tanzanian newspaper quoted the country's energy minister as saying on Friday. Reuters reports that the deal ...
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Rupee may remain weak, IT and exports related companies to hog limelight
Economic Times
2) In an interesting news story, China is reported to mop up assets in US and other countries, not only to fulfill its future needs in terms of resources but also to transfer part of its reserves held in USD to hard assets. According to a report, ...
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Cost of climate change could be a fiscal disaster: OUR OPINION
The Barrie Examiner
Climate change could cost Canada between $21 billion and $43 billion annually by 2050, concludes a two-year study by the National Round Table (NRT) on the environment and the economy. We could begin seeing costs of $5 billion a year starting in 2020. ...
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Bullish about Jamaica's future
Jamaica Gleaner
Notwithstanding, investor interest in Jamaica remains robust, a fact more recently borne out by the overwhelming response of prospective Chinese investors to opportunities in Jamaica at the just concluded China-Caribbean Economic Forum in Port of Spain ...
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Jamaica Gleaner
MCA AGM: Full text of Dr Chua Soi Lek's speech
Malaysia Star
Back then, China was still a closed economy, a closed country in fact. 19. The world has changed. Malaysia cannot sit still when every country around us is moving ahead with more progressive policies that do away with ideological dogmatism. 20. ...
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Malaysia Star
Oil scene: Weak economic data batter crude markets
Arab News
By SYED RASHID HUSAIN Alarming economic data from global economic powerhouses continue to batter crude markets. China's manufacturing sector reportedly shrunk again in September, for a third month in a row, the longest contraction since 2009, ...
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S&P quarterly drop largest since 2008
Bend Bulletin
NEW YORK — US stocks fell, sending the Standard & Poor's 500 Index to its biggest quarterly drop since 2008, after reports from China and Germany fueled concerns the global economy is slowing. All 10 groups in the S&P 500 slumped as companies most ...
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Bill English interview transcript
TVNZ
If you look at something like the TIN100 list - the Techology Investment Network report that comes out every year - we've got something like a $5 billion a year export in the very high-tech sector. And unlike the rest of the economy, ...
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China Data Shows Growth
Live Trading News
The CFLP report said the 0.3 percentage-pts rebound marks the PMI rising for 2 consecutive months, indicating the economic development is continuing to stabilize. PMI is a gauge of manufacturing expansion. A reading below 50 indicates contraction from ...
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Live Trading News
Investors Sing a New Tune—'Won't Get Fooled Again'
Wall Street Journal
Separately, China's raging industrial economy is cooling down rapidly, as evidenced by the falling price of copper. The red metal is seen as a highly sensitive barometer of the global industrial economy. A few weeks ago, copper prices topped $4 a pound ...
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Wall Street Journal
Private Lending Frenzy Triggers Financial Crisis in China's Entrepreneurial Hub
The Epoch Times
29 report by state media Economic Information Daily. These are relatively big and reputable companies that desperately needed operating capital but were turned down by regular banks. Hence they were forced to borrow from private lenders with interest ...
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Weighing The Week Ahead: What About Jobs?
Seeking Alpha
Click to enlarge: It is a big week for economic data. The most important news will by Friday's employment report. I am not expecting a strong result. This week's improvement in initial claims occurred after the survey period for the jobs report. ...
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INSIGHT - South Korea stares down demographic dilemma
Reuters India
South Korea is not alone in facing a plummeting birth rate and rapidly ageing population -- neighbouring Japan and China, as well as much of Europe, face similar challenges. But it is getting there at astonishing speed. Over 40 years, it has gone from ...
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S.&P. 500 Tumbles Down by 14 Percent in The 3rd Quarter
Dice News
Reports from Germany and China fueled the fear about the slowing down of the global economy. On Friday, The Standard & Poor 500 gave away 28.98 points to 1131.42 or 2.5%, that fall in S&P swept away this week's earlier gains as the index extended ...
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China activist defies officials in fight to save lake
Business Recorder (blog)
But after three decades of explosive economic growth and lax enforcement of environmental protection laws, the lake -- like most waterways in China -- is heavily contaminated with toxic waste from surrounding factories and farms. ...
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Business Recorder (blog)
Cash-Strapped Governments Spend Big On Paris Trip
NPR
Meanwhile, North Carolina officials already are preparing for their next international economicdevelopment trip. Later this month, the governor, Crisco and aides will jet off to China and Japan for the second time in two years. ...
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Whisky sales hurt by 'heather and weather' image - report
Telegraph.co.uk
Mintel's Dark Spirits report sounds an alarm for Scotland's whisky industry, which generates £4bn for the economy each year and supports 35000 jobs. Exports have risen 60 per cent over the past decade, driven by surging demand from emerging markets ...
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Telegraph.co.uk
Saturday Reads Around The Internets - Ideas For Sale
Economic Populist
Did you know Charles Koch, the infamous founder of various think tanks who speweconomic fiction daily in order to destroy the US middle class and social safety nets, promised Friedrich Hayek US social security benefits in order to visit the United ...
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Economic Populist
JCM Receives the Approval for its Manufacturing Environmental Assessment
Sacramento Bee
About TPIHeadquartered at Chengdu, China, TPI is a pharmaceutical company that specializes in the development, manufacturing, marketing and sales of patented biopharmaceutical, modernized traditional Chinese medicines, branded generics and active ...
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Oil could cause war
Independent.co.ug
The report says although oil exploitation can provide tremendous economic benefits for Uganda, it also poses “extraordinary challenges to Uganda's domestic security. It warns that oil exportation may increase the value of Uganda's currency, ...
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Idaho lab concentrates on cyber-security
Los Angeles Times
China, Russia, Iran and North Korea already have cyber-weapons that can target critical nodes in the US economy, including utilities and private industry. Outsiders "are knocking on the doors of these systems, and there have been a lot of intrusions,"...
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Los Angeles Times
A gender divided
Inquirer.net
OXFORD – The top and the bottom of the list of countries in Newsweek's recent cover story, “The 2011 Global Women's Progress Report,” evoke images of two different worlds. At the top of the list – the “Best Places to be a Woman”—we see the usual ...
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Smita Purushottam: Energy diplomacy and the making of Russia
Business Standard
Ukraine and Russia do not see eye to eye on Ukraine's desire for integration into Western security and economic structures. The Russian press has expressed unease at Ukraine's recently concluded strategic partnership with China, speculating that even ...
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Study: Cheap drug helps smokers quit
USA Today
Cytisine, sold as Tabex in former socialist economy countries for four decades, has now been shown to be an effective and safe way of helping smokers quit, West added. But it does not have US Food and Drug Administration approval, ...
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USA Today
Japan's tankan, Australia's rate meeting in focus
MarketWatch
“There is a possibility that the diffusion index will show a slight deterioration in sentiment on yen appreciation and concerns over the outlook for the global economy,” Mizuho Securities economists wrote in a report. ...
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The Indian middle class steps up to charity
Hindustan Times
“Among developing nations, India's high-net-worth population is the third largest behind China and Brazil. But the number of wealthy individuals is increasing faster here than in many other countries,” says the report. However, India unlike developed ...
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Earnings Preview: Yum Brands Inc.
BusinessWeek
WHY IT MATTERS: An upswing in US sales would be a sign that customers are venturing out more often to eat, though at a low cost, despite nagging worries about unemployment and the overalleconomy. WHAT'S EXPECTED: Analysts expect Yum to report adjusted ...
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Research and Markets: China Tungsten and Molybdenum Mining Industry - 2011
Business Wire (press release)
... in China, to partner with one of the key Chinese corporations, to get market shares as China is boosting its domestic needs; to forecast the future of the world economy as China is leading the way; or to compete in the segment. The report provides ...
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Expats split on two-kid policy in Indian state
Emirates 24/7
India, the second most populous country in the world with 1.2 billion people, second only to China, is witnessing a population boom. The South Indian state of Kerala, has also seen a rapid population growth over the years and the Government plans to ...
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Oil prices dip below $80 on downbeat Chinese and US data
Proactive Investors UK
However, futures for crude oil in London and New York fell sharply after Friday'seconomic data dampened confidence in the strength of the economic recovery in the US and reinforced concerns that China's economic growth may be slowing faster than...
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Proactive Investors UK
Stocks plunge for 5th month
AZ Central.com
Even fast-growing emerging economies such as China showed signs of slowing. Yet it was the European debt impasse, with its implication for reduced economic growth, that caused the most turmoil in foreign circles. Declining share prices have made stocks ...
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Japan: Back to (a New) Normal
Forbes
After many more years in China in banking (Deutsche Bank and Ping An Bank) and consulting, I am back in Tokyo conducting the business of SM Harner & Co. Ltd. (Hong Kong/Shanghai) and producing this blog. The author is a Forbes contributor. ...
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Risk Aversion Creeps Back into the Streets
Business Insider
OK… There's more, though! China will print their manufacturing report this weekend, and the “experts” believe that China's manufacturing will show a decline for the third consecutive month… The moderation of their economy continues… ...
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State needs to set right tone, support existing businesses
The Daily News Journal
Jim Davis/DNJ Dr. Jim Burton, left, dean of the Jennings A. Jones College of Business at MTSU, presents Mark A. Emkes, state commissioner of Finance and Administration, with the Jennings A. Jones Champion of Free Enterprise Award at Friday's economic ...
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Anti-counterfeiting Agreement Signed in Tokyo
Shopfloor
The US International Trade Commission (USITC) in May 2011 detailed the size and scope of IPR infringement in China on US firms. It estimated that firms in the US IP-intensive economy reported losses of approximately $48 billion in sales, royalties or ...
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Report: Congress Defies Obama, Blocks $200 Million In Aid To Palestinians Over ...
Weasel Zippers
Hey Trumka, fly some of your “professional” protestors there to protest the failure ofECONOMIC JUSTICE and see what kind of welcome you get. This is the kind of story(from the Israeli paper Ha'aretz) that most Western journalists prefer not to cover. ...
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Weasel Zippers
Market Watch
Barron's
There are also signs of trouble overseas, with economic activity slowing in Europe, and developing countries (eg, China and India) attempting to engender a slowdown in an effort to contain inflationary pressures. With many measures of economic activity ...
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Look Before You Leap
Barron's
The global economy increasingly seems poised for another bout of recession or, at best, very much slower growth. Choose your poison. Either way, the outlook doesn't bode very promising for stocks. For one thing, it wouldn't knock anyone's socks off if ...
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Seeking 'climate change adaption,' crackdown on firearms, gun sellers
WND.com
He is a member of the Soros-funded Institute for New Economic Thinking, or INET, which holds yearly conferences in the mountains of Bretton Woods, NH, that openly seek to restructure the world economy. Last year, Sachs keynoted the event. ...
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WND.com
It's time for US to think big on Latin America
MiamiHerald.com
On a wider spectrum, she would have to find new ways to improve ties with the region at a time whenChina has eclipsed much of the previous US economic influence in South America's commodity producing countries. According to a recent United Nations ...
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Residents grill Perry on immigration at Hampton forum
Seacoastonline.com
Rick Perry, a Republican presidential hopeful, came to town Saturday to talk about the economy, but couldn't dodge two issues that have plagued his campaign in recent weeks. Perry was again asked at a town hall meeting about his stance that global ...
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Amazon's Kindle Catches Fire
TechNewsWorld
Or maybe it's swinging production from China over to Brazil. Or perhaps it's taking the lousy holidayeconomic outlook to heart and protecting itself from what may be a bad season for everyone across the board. And of course it's possible to read ...
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Hyatt Regency Jinan Opens in the Provincial Capital City of East China's ...
Hospitality Net (press release)
Factors that may cause actual results to differ materially from current expectations include, among others, the rate and pace of economic recovery following the economic downturn; levels of spending in business and leisure segments as well as consumer ...
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US Senate to take up China currency bill | News Hours BD English
By admin
News Hours BD Desk, The US Senate this week takes up a bill to punish China for its alleged currency manipulation, a measure that has divided the Republican.
News Hours BD English
China's economic success an inspiration: Gilani
China's economic success an inspiratio...Gilani made the remark in a message of felicitatio...Gilani said: “China's civilisational renaissan...Pakistan is proud of China's achievements and ap...The prime minister said continued exchange of high.
Daily News Headlines | Today's...
News briefs | China Economic Review
According to the report, Chinese and Indonesian travelers have the lowest ... plans to improve service standards and open 10 new outlets in North China, as it ...
www.chinaeconomicreview.com/en/content/news-briefs-1

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