A123: Another Test For China's U.S. Expansion Plans :: The pending auction of the battery business of A123 Systems, Inc. (OTC Markets: "AONEQ") will present yet another test for the U.S. expansion plans of Chinese companies interested in becoming global players. On October 16, A123, a Massachusetts-based company that designs, develops, manufactures, and sells rechargeable lithium-ion batteries and energy storage systems, filed for bankruptcy [...]
http://managingthedragon.com/?p 18
China Leads In Foreign Direct Investment :: For the first time since 2003, China has surpassed the United States as the world’s largest recipient of global foreign direct investment (FDI). During the first six months of the year, FDI flows to China totaled $59 billion, a slight decline from $61 billion in the first half of 2011. Meanwhile, FDI flowing to the [...]
http://managingthedragon.com/?p87
Canada Greenlights CNOOC's Purchase of Nexen :: Last Friday, the Canadian government approved China's biggest overseas energy acquisition, a $15.1 billion takeover of Nexen Inc. (NYSE: "NXY") by CNOOC Ltd. (NYSE: "CEO"). State-owned CNOOC is China's largest offshore driller, while Nexen is a Calgary based independent energy company that operates in Canada, the United Kingdom, and the United States, and offshore West [...]
http://managingthedragon.com/?p 31
Opportunities In China: The Next 10 Years :: In his keynote speech at the opening of the 18th National Congress of China's Communist Party, Hu Jintao, the outgoing President of China, set a new target for economic growth, saying that China should double its 2010 GDP and per capita income by 2020. “On the basis of making China’s development much more balanced, coordinated and [...]
http://managingthedragon.com/?p93
China's SMEs Access The Bond Market :: As financings go, the $7.8 million of three-year bonds that Tri-Tech Holding, Inc. (NASDAQ CM: TRIT) issued last month will not set any records for size. The significance of the financing, however, lies in the fact that it foreshadows a promising new source of capital for China's small and medium-sized private companies. According to research [...]
http://managingthedragon.com/?p84
Winners And Losers In China's Passenger Car Industry :: For the first 10 months of 2012, a total of 10.8 million passenger cars were sold in China, up 7.6 percent from the comparable period last year. China is now, by far, the largest passenger car market in the world, and given its size and importance, investors want to know: "Who is winning and who [...]
http://managingthedragon.com/?p89
Happy Thanksgiving to MTD's Readers :: Having lived in China for the past 20 years, one question I'm frequently asked is: "What about the United States do you miss most?” For my wife and me, the answer to that question is easy—the holidays. On the Fourth of July, Memorial Day, or Labor Day, when everyone in the States is taking a [...]
http://managingthedragon.com/?p 09
Russian creator of the Kalashnikov AK-47 rifle in intensive care: reports :: (ChinaPost.com.tw) - Russia's legendary rifle-designer Mikhail Kalashnikov was recovering in stable condition in intensive care Tuesday after being hospitalized with general fatigue, reports said.
http://www.chinapost.com.tw/business/europe/2012/12/27/365426/Russian-creator.htm
Ex-con who lured firemen to blaze mapped out plan for killings: police :: (ChinaPost.com.tw) - The ex-con turned sniper who killed two firefighters in New York state wanted to make sure his goodbye note was legible, typing out his desire to "do what I like doing best, killing people" before setting the house where he lived with his sister ablaze, police said.
http://www.chinapost.com.tw/business/asia/australia/2012/12/27/365427/Ex-con-who.htm
'China concept stock' offsets profit taking :: (ChinaPost.com.tw) - Shares in Taiwan closed little changed yesterday as large-cap high-tech stocks lost their luster on profit taking after a recent strong showing, dealers said.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/27/365437/China-concept.htm
Toyota ups '12 sales forecast to 9.7 mil. vehicles :: (ChinaPost.com.tw) - Japan's Toyota group forecast Wednesday a 22-percent jump in worldwide sales this year to 9.7 million units, driven by surging demand which may help it regain the top spot in the global auto market.
http://www.chinapost.com.tw/business/global-markets/2012/12/27/365438/Toyota-ups.htm
CyberMart e-commerce site to go live today :: (ChinaPost.com.tw) - CyberMart, the retail arm of Hon Hai Precision Industry, will today launch its e-commerce site WOWCyber, which in its initial stage will feature 60-inch LCD TVs and smartphones offered by Sharp and Foxconn.
http://www.chinapost.com.tw/business/global-markets/2012/12/27/365439/CyberMart-e-commerce.htm
Chinese finance official warns of rising risks from bank loans :: (ChinaPost.com.tw) - China's financial system is facing increasing risks due to soaring bank loans, with lending to the property sector and local governments a particular concern, the finance ministry warned Wednesday.
http://www.chinapost.com.tw/business/asia-china/2012/12/27/365440/Chinese-finance.htm
Japanese carmakers review plans for price hikes as yen keeps falling :: (ChinaPost.com.tw) - Japanese automakers, some of which are slated to raise prices next year, yesterday said they are now reconsidering their plans amid a declining yen.
http://www.chinapost.com.tw/business/asia/japan/2012/12/27/365441/Japanese-carmakers.htm
US dollar falls by NT$0.002 to finish trading at NT$29.128 on local forex :: (ChinaPost.com.tw) - The U.S. dollar fell against the New Taiwan dollar yesterday, shedding NT$0.002 to close at NT$29.128.
Turnover totaled about US$690 million during the trading session.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/27/365443/US-dollar.htm
Mobile network users on the rise due to popularity of smartphones: survey :: (ChinaPost.com.tw) - The number of Taiwanese who have used a mobile network grew at a higher than normal rate in 2012 thanks to the increasing adoption of smartphones, according to the results of alocal survey released yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/27/365444/Mobile-network.htm
HTC's new J Butterfly phone ranks number 10 bestseller in Japan: survey :: (ChinaPost.com.tw) - Taiwanese smartphone maker HTC Corp.'s new 5-inch flagship smartphone, the HTC J Butterfly, has been welcomed by Japan's consumers, ranking among one of the best-selling mobile phones in the country, according to Japan's BCN sales ranking released Tuesday.
http://www.chinapost.com.tw/business/global-markets/2012/12/27/365445/HTCs-new.htm
Sources report sales of Hyundai-Kia's hybrid vehicle surpass 100,000 mark :: (ChinaPost.com.tw) - Hyundai Motor Group has seen its accumulated sales of eco-friendly hybrid cars surpass the 100,000 mark recently, a milestone that comes just three years after their launch.
http://www.chinapost.com.tw/business/global-markets/2012/12/27/365447/Sources-report.htm
World's longest bullet train launches in China :: (ChinaPost.com.tw) - China launched service Wednesday on the world's longest high-speed rail route, the latest milestone in the country's rapid and — sometimes troubled — super fast rail network.
http://www.chinapost.com.tw/business/asia-china/2012/12/27/365448/Worlds-longest.htm
China and emerging countries to pay more to the United Nations :: (ChinaPost.com.tw) - China, Brazil, India and other emerging powers agreed to major increases in their United Nations payments as the global body hammered out a new budget deal this week to avoid its own fiscal cliff.
http://www.chinapost.com.tw/business/asia-china/2012/12/27/365449/China-and.htm
Chinese property restraints to stay in place for next year :: (ChinaPost.com.tw) - Controls on the property sector will continue to prevent overinvestment from buyers next year, the Chinese Ministry of Housing and Urban-Rural Development said yesterday.
http://www.chinapost.com.tw/business/asia-china/2012/12/27/365450/Chinese-property.htm
Expansion of main Thai airport faces opposition from residents :: (ChinaPost.com.tw) - Dark clouds hang over plans to boost the capacity of Suvarnabhumi Airport, as residents' complaints against noise and pollution could pose a major stumbling block to the second-phase and possibly the third-phase expansion projects.
http://www.chinapost.com.tw/business/global-markets/2012/12/27/365452/Expansion-of.htm
Philippine gov't eyes revival of industry sector :: (ChinaPost.com.tw) - The Philippines' chief economist expects to see a more vibrant industry sector in 2013 as the government focuses on key industries and strives to ease the processes and costs in doing business.
http://www.chinapost.com.tw/business/asia/philippines/2012/12/27/365453/Philippine-govt.htm
HTC beats Apple as Butterfly J sales take off in Japan market :: (ChinaPost.com.tw) - The HTC J Butterfly, Taiwanese smartphone maker HTC Corp.'s new 5-inch flagship model, outshone Apple Inc.'s iPhone 5 in its first week on sale in Japan, shooting to the top of a bestsellers' list there.
http://www.chinapost.com.tw/business/company-focus/2012/12/28/365497/HTC-beats.htm
Bankia to wipe out 350,000 shareholders :: (ChinaPost.com.tw) - Spanish lender Bankia will wipe out 350,000 shareholders, many of them small savers with little knowledge of financial markets, after it emerged it had a negative value of 4.2 billion euros (US$5.6 billion).
http://www.chinapost.com.tw/business/middle-east/2012/12/28/365505/Bankia-to.htm
Making Sense Of China's Numbers :: With most of the world's major economies still sputtering, there isn't a day that goes by that economic and business commentators don't bring up China, and the fact that the biggest, fastest-growing economy in the world is slowing, and dampening the growth prospects for the global economy in the process. If that's not bad enough, [...]
http://managingthedragon.com/?p66
Major Trends in China: The Next 10 Years :: As Xi Jinping and Li Keqiang take the reins of power from Hu Jintao and Wen Jiabao, they face many challenges, some so staggering that one wonders how they can ever be addressed. The major themes and trends that will influence the course of China's economic development over the next ten years will be defined [...]
http://managingthedragon.com/?p 16
International Retailers Struggle in China :: In recent weeks, many of the large international retailers have announced changes in their expansion plans for China. Home Depot (NYSE: HD), the large U.S. do it yourself chain, is closing stores, as is Tesco PLC (LSE: TSCO.L), the large U.K. retailer. Even the two earliest entrants into China's retailing industry, Wal-Mart Stores Inc. (NYSE:WMT) [...]
http://managingthedragon.com/?p79
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