GDP growth forecast for 2013 raised to 3.53 percent: DGBAS :: (ChinaPost.com.tw) - Taiwan's gross domestic product (GDP) is set to grow 3.53 percent this year, up from a previous estimate of 3.15 percent, said the Directorate General of Budget, Accounting and Statistics (DGBAS) yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/02/01/369241/GDP-growth.htm
Siemens launches Technology and Application Center :: (ChinaPost.com.tw) - Siemens on Wednesday formally inaugurated its Technology and Application Center (TAC) in Taichung. Besides introducing Siemens' world leading experience in machine tools and assisting in forging high-end machine tool technology applications that are increasingly demanded by domestic and international producers.
http://www.chinapost.com.tw/business/global-markets/2013/02/01/369243/Siemens-launches.htm
Largan reports high growth for fourth quarter, 2012 performance :: (ChinaPost.com.tw) - Largan Precision Co. (大立光電), yesterday announced its fourth-quarter and 2012 performance results, with revenues growing 114 and 26 percent year-on-year basis, respectively.
http://www.chinapost.com.tw/business/global-markets/2013/02/01/369244/Largan-reports.htm
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
Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48
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
Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57
Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46
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
IC testing/packaging firms to begin year slow before pickup :: (ChinaPost.com.tw) - The integrated circuit (IC) testing and packaging industry will begin 2013 slow and gain traction as the year goes on, two leading operators said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369112/IC-testing-packaging.htm
Lite-On to buy affiliate at over 20% premium :: (ChinaPost.com.tw) - Lite-On Technology yesterday announced it will purchase affiliate business Lite-On IT at a premium of more than 20 percent over the latter's closing price yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369113/Lite-On-to.htm
CHT reports unaudited Q4 revenue growth of 2.5%; 2012 growth at 1.3% :: (ChinaPost.com.tw) - Chunghwa Telecom (CHT, 中華電信) yesterday reported its unaudited operating results for the fourth quarter and full year of 2012, posting revenue growth of 2.5 and 1.3 percent respectively.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369115/CHT-reports.htm
Local banks to begin RMB trade by Feb. 6 at earliest :: (ChinaPost.com.tw) - Taiwan banks will begin offering renminbi-related products starting on Feb. 6 at the earliest, said the Central Bank of the Republic of China (Taiwan) yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369117/Local-banks.htm
Taiwan's GDP to expand by 3.02% over 2013: ANZ :: (ChinaPost.com.tw) - Australia and New Zealand Banking Group Ltd. (ANZ) forecast yesterday that Taiwan's economy will grow 3.02 percent in 2013 after posting sluggish growth last year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369119/Taiwans-GDP.htm
Output value of Taiwan's flat-panel sector falls in 2012: industry group :: (ChinaPost.com.tw) - Taiwan's flat-panel industry posted negative growth last year because of a decline in the output value of midstream displays, the Photonics Industry and Technology Development Association (PIDA) said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369121/Output-value.htm
Toyota issues recall of nearly 1.3 mil. vehicles over air bags, wiper problems :: (ChinaPost.com.tw) - Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369123/Toyota-issues.htm
Malaysia and China to sign economic deals during visit of Beijing official :: (ChinaPost.com.tw) - China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
http://www.chinapost.com.tw/business/asia/malaysia/2013/01/31/369125/Malaysia-and.htm
Lenovo profit boosted 28 percent by strong sales of smartphones, tablets :: (ChinaPost.com.tw) - Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 28 percent on strong sales of smartphones and tablet computers but warned this year's market will be tough.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369126/Lenovo-profit.htm
Semiconductor firm Macronix posts loss per share of NT$1.55 for 2012 :: (ChinaPost.com.tw) - Semiconductor firm Macronix posted a loss of NT$5.47 billion last year, or loss per share of NT$1.55, due to reduced sales and falling prices, it reported during its investors' conference yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369128/Semiconductor-firm.htm
Looming shortage of workers in China may pose threat to economy :: (ChinaPost.com.tw) - China's demographic time bomb is ticking much louder with the first fall in its labor pool for decades, analysts say, highlighting the risk that the country grows old before it grows rich.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369129/Looming-shortage.htm
Slow US growth may hide strength :: (ChinaPost.com.tw) - Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal.
The consensus forecast from Factset is that economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1-percent rate in the July-September quarter and would be the slowest in nearly two years.
http://www.chinapost.com.tw/business/americas/2013/01/31/369130/Slow-US.htm
US Federal Reserve's new voting lineup unlikely to alter policy :: (ChinaPost.com.tw) - The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
http://www.chinapost.com.tw/business/americas/2013/01/31/369131/US-Federal.htm
In year left at helm, Ben Bernanke may take foot off stimulus pedal :: (ChinaPost.com.tw) - Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off the gas pedal of financial stimulus that is helping to fuel the still-weak U.S. recovery and begin tapping on the brakes.
http://www.chinapost.com.tw/business/americas/2013/01/31/369132/In-year.htm
HK considers making baby formula a protected product :: (ChinaPost.com.tw) - Hong Kong is considering designating baby formula a "reserved commodity" to ensure sufficient supply, an official said Wednesday, after mainland Chinese who flocked to buy it sparked shortage fears.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369134/HK-considers.htm
Watchdog says taxpayers stand to lose US$27 billion in bailout :: (ChinaPost.com.tw) - A government watchdog says U.S. taxpayers stand to lose US$27 billion from the 2008 financial bailout, up from an estimate of US$22 billion made in the fall.
http://www.chinapost.com.tw/business/americas/2013/01/31/369135/Watchdog-says.htm
Russia to continue oil, natural gas ties in Venezuela: Rosneft :: (ChinaPost.com.tw) - The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
http://www.chinapost.com.tw/business/europe/2013/01/31/369136/Russia-to.htm
Judge gives OK for US$4 billion BP oil spill criminal settlement :: (ChinaPost.com.tw) - BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a U.S. judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record US$4 billion in penalties.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369139/Judge-gives.htm
Time Inc. sacks 6 percent of workers but keeps the presses running: reports :: (ChinaPost.com.tw) - The move comes just a month after Time magazine's long-term rival Newsweek ceased print publication, moving only to digital version for tablets and folding its website into that of its partner site The Daily Beast.
http://www.chinapost.com.tw/business/company-focus/2013/02/01/369186/Time-Inc.htm
Thursday, January 31, 2013
01-Feb-2013 07:03
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
Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48
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
Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57
Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46
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
IC testing/packaging firms to begin year slow before pickup :: (ChinaPost.com.tw) - The integrated circuit (IC) testing and packaging industry will begin 2013 slow and gain traction as the year goes on, two leading operators said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369112/IC-testing-packaging.htm
Lite-On to buy affiliate at over 20% premium :: (ChinaPost.com.tw) - Lite-On Technology yesterday announced it will purchase affiliate business Lite-On IT at a premium of more than 20 percent over the latter's closing price yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369113/Lite-On-to.htm
CHT reports unaudited Q4 revenue growth of 2.5%; 2012 growth at 1.3% :: (ChinaPost.com.tw) - Chunghwa Telecom (CHT, 中華電信) yesterday reported its unaudited operating results for the fourth quarter and full year of 2012, posting revenue growth of 2.5 and 1.3 percent respectively.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369115/CHT-reports.htm
Local banks to begin RMB trade by Feb. 6 at earliest :: (ChinaPost.com.tw) - Taiwan banks will begin offering renminbi-related products starting on Feb. 6 at the earliest, said the Central Bank of the Republic of China (Taiwan) yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369117/Local-banks.htm
Taiwan's GDP to expand by 3.02% over 2013: ANZ :: (ChinaPost.com.tw) - Australia and New Zealand Banking Group Ltd. (ANZ) forecast yesterday that Taiwan's economy will grow 3.02 percent in 2013 after posting sluggish growth last year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369119/Taiwans-GDP.htm
Output value of Taiwan's flat-panel sector falls in 2012: industry group :: (ChinaPost.com.tw) - Taiwan's flat-panel industry posted negative growth last year because of a decline in the output value of midstream displays, the Photonics Industry and Technology Development Association (PIDA) said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369121/Output-value.htm
Toyota issues recall of nearly 1.3 mil. vehicles over air bags, wiper problems :: (ChinaPost.com.tw) - Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369123/Toyota-issues.htm
Malaysia and China to sign economic deals during visit of Beijing official :: (ChinaPost.com.tw) - China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
http://www.chinapost.com.tw/business/asia/malaysia/2013/01/31/369125/Malaysia-and.htm
Lenovo profit boosted 28 percent by strong sales of smartphones, tablets :: (ChinaPost.com.tw) - Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 28 percent on strong sales of smartphones and tablet computers but warned this year's market will be tough.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369126/Lenovo-profit.htm
Semiconductor firm Macronix posts loss per share of NT$1.55 for 2012 :: (ChinaPost.com.tw) - Semiconductor firm Macronix posted a loss of NT$5.47 billion last year, or loss per share of NT$1.55, due to reduced sales and falling prices, it reported during its investors' conference yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369128/Semiconductor-firm.htm
Looming shortage of workers in China may pose threat to economy :: (ChinaPost.com.tw) - China's demographic time bomb is ticking much louder with the first fall in its labor pool for decades, analysts say, highlighting the risk that the country grows old before it grows rich.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369129/Looming-shortage.htm
Slow US growth may hide strength :: (ChinaPost.com.tw) - Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal.
The consensus forecast from Factset is that economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1-percent rate in the July-September quarter and would be the slowest in nearly two years.
http://www.chinapost.com.tw/business/americas/2013/01/31/369130/Slow-US.htm
US Federal Reserve's new voting lineup unlikely to alter policy :: (ChinaPost.com.tw) - The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
http://www.chinapost.com.tw/business/americas/2013/01/31/369131/US-Federal.htm
In year left at helm, Ben Bernanke may take foot off stimulus pedal :: (ChinaPost.com.tw) - Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off the gas pedal of financial stimulus that is helping to fuel the still-weak U.S. recovery and begin tapping on the brakes.
http://www.chinapost.com.tw/business/americas/2013/01/31/369132/In-year.htm
HK considers making baby formula a protected product :: (ChinaPost.com.tw) - Hong Kong is considering designating baby formula a "reserved commodity" to ensure sufficient supply, an official said Wednesday, after mainland Chinese who flocked to buy it sparked shortage fears.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369134/HK-considers.htm
Watchdog says taxpayers stand to lose US$27 billion in bailout :: (ChinaPost.com.tw) - A government watchdog says U.S. taxpayers stand to lose US$27 billion from the 2008 financial bailout, up from an estimate of US$22 billion made in the fall.
http://www.chinapost.com.tw/business/americas/2013/01/31/369135/Watchdog-says.htm
Russia to continue oil, natural gas ties in Venezuela: Rosneft :: (ChinaPost.com.tw) - The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
http://www.chinapost.com.tw/business/europe/2013/01/31/369136/Russia-to.htm
Judge gives OK for US$4 billion BP oil spill criminal settlement :: (ChinaPost.com.tw) - BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a U.S. judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record US$4 billion in penalties.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369139/Judge-gives.htm
Time Inc. sacks 6 percent of workers but keeps the presses running: reports :: (ChinaPost.com.tw) - The move comes just a month after Time magazine's long-term rival Newsweek ceased print publication, moving only to digital version for tablets and folding its website into that of its partner site The Daily Beast.
http://www.chinapost.com.tw/business/company-focus/2013/02/01/369186/Time-Inc.htm
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
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
Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48
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
Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57
Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46
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
IC testing/packaging firms to begin year slow before pickup :: (ChinaPost.com.tw) - The integrated circuit (IC) testing and packaging industry will begin 2013 slow and gain traction as the year goes on, two leading operators said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369112/IC-testing-packaging.htm
Lite-On to buy affiliate at over 20% premium :: (ChinaPost.com.tw) - Lite-On Technology yesterday announced it will purchase affiliate business Lite-On IT at a premium of more than 20 percent over the latter's closing price yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369113/Lite-On-to.htm
CHT reports unaudited Q4 revenue growth of 2.5%; 2012 growth at 1.3% :: (ChinaPost.com.tw) - Chunghwa Telecom (CHT, 中華電信) yesterday reported its unaudited operating results for the fourth quarter and full year of 2012, posting revenue growth of 2.5 and 1.3 percent respectively.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369115/CHT-reports.htm
Local banks to begin RMB trade by Feb. 6 at earliest :: (ChinaPost.com.tw) - Taiwan banks will begin offering renminbi-related products starting on Feb. 6 at the earliest, said the Central Bank of the Republic of China (Taiwan) yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369117/Local-banks.htm
Taiwan's GDP to expand by 3.02% over 2013: ANZ :: (ChinaPost.com.tw) - Australia and New Zealand Banking Group Ltd. (ANZ) forecast yesterday that Taiwan's economy will grow 3.02 percent in 2013 after posting sluggish growth last year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369119/Taiwans-GDP.htm
Output value of Taiwan's flat-panel sector falls in 2012: industry group :: (ChinaPost.com.tw) - Taiwan's flat-panel industry posted negative growth last year because of a decline in the output value of midstream displays, the Photonics Industry and Technology Development Association (PIDA) said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369121/Output-value.htm
Toyota issues recall of nearly 1.3 mil. vehicles over air bags, wiper problems :: (ChinaPost.com.tw) - Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369123/Toyota-issues.htm
Malaysia and China to sign economic deals during visit of Beijing official :: (ChinaPost.com.tw) - China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
http://www.chinapost.com.tw/business/asia/malaysia/2013/01/31/369125/Malaysia-and.htm
Lenovo profit boosted 28 percent by strong sales of smartphones, tablets :: (ChinaPost.com.tw) - Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 28 percent on strong sales of smartphones and tablet computers but warned this year's market will be tough.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369126/Lenovo-profit.htm
Semiconductor firm Macronix posts loss per share of NT$1.55 for 2012 :: (ChinaPost.com.tw) - Semiconductor firm Macronix posted a loss of NT$5.47 billion last year, or loss per share of NT$1.55, due to reduced sales and falling prices, it reported during its investors' conference yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369128/Semiconductor-firm.htm
Looming shortage of workers in China may pose threat to economy :: (ChinaPost.com.tw) - China's demographic time bomb is ticking much louder with the first fall in its labor pool for decades, analysts say, highlighting the risk that the country grows old before it grows rich.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369129/Looming-shortage.htm
Slow US growth may hide strength :: (ChinaPost.com.tw) - Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal.
The consensus forecast from Factset is that economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1-percent rate in the July-September quarter and would be the slowest in nearly two years.
http://www.chinapost.com.tw/business/americas/2013/01/31/369130/Slow-US.htm
US Federal Reserve's new voting lineup unlikely to alter policy :: (ChinaPost.com.tw) - The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
http://www.chinapost.com.tw/business/americas/2013/01/31/369131/US-Federal.htm
In year left at helm, Ben Bernanke may take foot off stimulus pedal :: (ChinaPost.com.tw) - Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off the gas pedal of financial stimulus that is helping to fuel the still-weak U.S. recovery and begin tapping on the brakes.
http://www.chinapost.com.tw/business/americas/2013/01/31/369132/In-year.htm
HK considers making baby formula a protected product :: (ChinaPost.com.tw) - Hong Kong is considering designating baby formula a "reserved commodity" to ensure sufficient supply, an official said Wednesday, after mainland Chinese who flocked to buy it sparked shortage fears.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369134/HK-considers.htm
Watchdog says taxpayers stand to lose US$27 billion in bailout :: (ChinaPost.com.tw) - A government watchdog says U.S. taxpayers stand to lose US$27 billion from the 2008 financial bailout, up from an estimate of US$22 billion made in the fall.
http://www.chinapost.com.tw/business/americas/2013/01/31/369135/Watchdog-says.htm
Russia to continue oil, natural gas ties in Venezuela: Rosneft :: (ChinaPost.com.tw) - The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
http://www.chinapost.com.tw/business/europe/2013/01/31/369136/Russia-to.htm
Judge gives OK for US$4 billion BP oil spill criminal settlement :: (ChinaPost.com.tw) - BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a U.S. judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record US$4 billion in penalties.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369139/Judge-gives.htm
Time Inc. sacks 6 percent of workers but keeps the presses running: reports :: (ChinaPost.com.tw) - The move comes just a month after Time magazine's long-term rival Newsweek ceased print publication, moving only to digital version for tablets and folding its website into that of its partner site The Daily Beast.
http://www.chinapost.com.tw/business/company-focus/2013/02/01/369186/Time-Inc.htm
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
01-Feb-2013 06:02
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
Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48
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
Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57
Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46
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
IC testing/packaging firms to begin year slow before pickup :: (ChinaPost.com.tw) - The integrated circuit (IC) testing and packaging industry will begin 2013 slow and gain traction as the year goes on, two leading operators said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369112/IC-testing-packaging.htm
Lite-On to buy affiliate at over 20% premium :: (ChinaPost.com.tw) - Lite-On Technology yesterday announced it will purchase affiliate business Lite-On IT at a premium of more than 20 percent over the latter's closing price yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369113/Lite-On-to.htm
CHT reports unaudited Q4 revenue growth of 2.5%; 2012 growth at 1.3% :: (ChinaPost.com.tw) - Chunghwa Telecom (CHT, 中華電信) yesterday reported its unaudited operating results for the fourth quarter and full year of 2012, posting revenue growth of 2.5 and 1.3 percent respectively.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369115/CHT-reports.htm
Local banks to begin RMB trade by Feb. 6 at earliest :: (ChinaPost.com.tw) - Taiwan banks will begin offering renminbi-related products starting on Feb. 6 at the earliest, said the Central Bank of the Republic of China (Taiwan) yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369117/Local-banks.htm
Taiwan's GDP to expand by 3.02% over 2013: ANZ :: (ChinaPost.com.tw) - Australia and New Zealand Banking Group Ltd. (ANZ) forecast yesterday that Taiwan's economy will grow 3.02 percent in 2013 after posting sluggish growth last year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369119/Taiwans-GDP.htm
Output value of Taiwan's flat-panel sector falls in 2012: industry group :: (ChinaPost.com.tw) - Taiwan's flat-panel industry posted negative growth last year because of a decline in the output value of midstream displays, the Photonics Industry and Technology Development Association (PIDA) said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369121/Output-value.htm
Toyota issues recall of nearly 1.3 mil. vehicles over air bags, wiper problems :: (ChinaPost.com.tw) - Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369123/Toyota-issues.htm
Malaysia and China to sign economic deals during visit of Beijing official :: (ChinaPost.com.tw) - China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
http://www.chinapost.com.tw/business/asia/malaysia/2013/01/31/369125/Malaysia-and.htm
Lenovo profit boosted 28 percent by strong sales of smartphones, tablets :: (ChinaPost.com.tw) - Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 28 percent on strong sales of smartphones and tablet computers but warned this year's market will be tough.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369126/Lenovo-profit.htm
Semiconductor firm Macronix posts loss per share of NT$1.55 for 2012 :: (ChinaPost.com.tw) - Semiconductor firm Macronix posted a loss of NT$5.47 billion last year, or loss per share of NT$1.55, due to reduced sales and falling prices, it reported during its investors' conference yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369128/Semiconductor-firm.htm
Looming shortage of workers in China may pose threat to economy :: (ChinaPost.com.tw) - China's demographic time bomb is ticking much louder with the first fall in its labor pool for decades, analysts say, highlighting the risk that the country grows old before it grows rich.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369129/Looming-shortage.htm
Slow US growth may hide strength :: (ChinaPost.com.tw) - Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal.
The consensus forecast from Factset is that economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1-percent rate in the July-September quarter and would be the slowest in nearly two years.
http://www.chinapost.com.tw/business/americas/2013/01/31/369130/Slow-US.htm
US Federal Reserve's new voting lineup unlikely to alter policy :: (ChinaPost.com.tw) - The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
http://www.chinapost.com.tw/business/americas/2013/01/31/369131/US-Federal.htm
In year left at helm, Ben Bernanke may take foot off stimulus pedal :: (ChinaPost.com.tw) - Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off the gas pedal of financial stimulus that is helping to fuel the still-weak U.S. recovery and begin tapping on the brakes.
http://www.chinapost.com.tw/business/americas/2013/01/31/369132/In-year.htm
HK considers making baby formula a protected product :: (ChinaPost.com.tw) - Hong Kong is considering designating baby formula a "reserved commodity" to ensure sufficient supply, an official said Wednesday, after mainland Chinese who flocked to buy it sparked shortage fears.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369134/HK-considers.htm
Watchdog says taxpayers stand to lose US$27 billion in bailout :: (ChinaPost.com.tw) - A government watchdog says U.S. taxpayers stand to lose US$27 billion from the 2008 financial bailout, up from an estimate of US$22 billion made in the fall.
http://www.chinapost.com.tw/business/americas/2013/01/31/369135/Watchdog-says.htm
Russia to continue oil, natural gas ties in Venezuela: Rosneft :: (ChinaPost.com.tw) - The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
http://www.chinapost.com.tw/business/europe/2013/01/31/369136/Russia-to.htm
Judge gives OK for US$4 billion BP oil spill criminal settlement :: (ChinaPost.com.tw) - BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a U.S. judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record US$4 billion in penalties.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369139/Judge-gives.htm
Time Inc. sacks 6 percent of workers but keeps the presses running: reports :: (ChinaPost.com.tw) - The move comes just a month after Time magazine's long-term rival Newsweek ceased print publication, moving only to digital version for tablets and folding its website into that of its partner site The Daily Beast.
http://www.chinapost.com.tw/business/company-focus/2013/02/01/369186/Time-Inc.htm
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
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
Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48
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
Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57
Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46
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
IC testing/packaging firms to begin year slow before pickup :: (ChinaPost.com.tw) - The integrated circuit (IC) testing and packaging industry will begin 2013 slow and gain traction as the year goes on, two leading operators said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369112/IC-testing-packaging.htm
Lite-On to buy affiliate at over 20% premium :: (ChinaPost.com.tw) - Lite-On Technology yesterday announced it will purchase affiliate business Lite-On IT at a premium of more than 20 percent over the latter's closing price yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369113/Lite-On-to.htm
CHT reports unaudited Q4 revenue growth of 2.5%; 2012 growth at 1.3% :: (ChinaPost.com.tw) - Chunghwa Telecom (CHT, 中華電信) yesterday reported its unaudited operating results for the fourth quarter and full year of 2012, posting revenue growth of 2.5 and 1.3 percent respectively.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369115/CHT-reports.htm
Local banks to begin RMB trade by Feb. 6 at earliest :: (ChinaPost.com.tw) - Taiwan banks will begin offering renminbi-related products starting on Feb. 6 at the earliest, said the Central Bank of the Republic of China (Taiwan) yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369117/Local-banks.htm
Taiwan's GDP to expand by 3.02% over 2013: ANZ :: (ChinaPost.com.tw) - Australia and New Zealand Banking Group Ltd. (ANZ) forecast yesterday that Taiwan's economy will grow 3.02 percent in 2013 after posting sluggish growth last year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369119/Taiwans-GDP.htm
Output value of Taiwan's flat-panel sector falls in 2012: industry group :: (ChinaPost.com.tw) - Taiwan's flat-panel industry posted negative growth last year because of a decline in the output value of midstream displays, the Photonics Industry and Technology Development Association (PIDA) said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369121/Output-value.htm
Toyota issues recall of nearly 1.3 mil. vehicles over air bags, wiper problems :: (ChinaPost.com.tw) - Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369123/Toyota-issues.htm
Malaysia and China to sign economic deals during visit of Beijing official :: (ChinaPost.com.tw) - China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
http://www.chinapost.com.tw/business/asia/malaysia/2013/01/31/369125/Malaysia-and.htm
Lenovo profit boosted 28 percent by strong sales of smartphones, tablets :: (ChinaPost.com.tw) - Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 28 percent on strong sales of smartphones and tablet computers but warned this year's market will be tough.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369126/Lenovo-profit.htm
Semiconductor firm Macronix posts loss per share of NT$1.55 for 2012 :: (ChinaPost.com.tw) - Semiconductor firm Macronix posted a loss of NT$5.47 billion last year, or loss per share of NT$1.55, due to reduced sales and falling prices, it reported during its investors' conference yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369128/Semiconductor-firm.htm
Looming shortage of workers in China may pose threat to economy :: (ChinaPost.com.tw) - China's demographic time bomb is ticking much louder with the first fall in its labor pool for decades, analysts say, highlighting the risk that the country grows old before it grows rich.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369129/Looming-shortage.htm
Slow US growth may hide strength :: (ChinaPost.com.tw) - Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal.
The consensus forecast from Factset is that economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1-percent rate in the July-September quarter and would be the slowest in nearly two years.
http://www.chinapost.com.tw/business/americas/2013/01/31/369130/Slow-US.htm
US Federal Reserve's new voting lineup unlikely to alter policy :: (ChinaPost.com.tw) - The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
http://www.chinapost.com.tw/business/americas/2013/01/31/369131/US-Federal.htm
In year left at helm, Ben Bernanke may take foot off stimulus pedal :: (ChinaPost.com.tw) - Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off the gas pedal of financial stimulus that is helping to fuel the still-weak U.S. recovery and begin tapping on the brakes.
http://www.chinapost.com.tw/business/americas/2013/01/31/369132/In-year.htm
HK considers making baby formula a protected product :: (ChinaPost.com.tw) - Hong Kong is considering designating baby formula a "reserved commodity" to ensure sufficient supply, an official said Wednesday, after mainland Chinese who flocked to buy it sparked shortage fears.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369134/HK-considers.htm
Watchdog says taxpayers stand to lose US$27 billion in bailout :: (ChinaPost.com.tw) - A government watchdog says U.S. taxpayers stand to lose US$27 billion from the 2008 financial bailout, up from an estimate of US$22 billion made in the fall.
http://www.chinapost.com.tw/business/americas/2013/01/31/369135/Watchdog-says.htm
Russia to continue oil, natural gas ties in Venezuela: Rosneft :: (ChinaPost.com.tw) - The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
http://www.chinapost.com.tw/business/europe/2013/01/31/369136/Russia-to.htm
Judge gives OK for US$4 billion BP oil spill criminal settlement :: (ChinaPost.com.tw) - BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a U.S. judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record US$4 billion in penalties.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369139/Judge-gives.htm
Time Inc. sacks 6 percent of workers but keeps the presses running: reports :: (ChinaPost.com.tw) - The move comes just a month after Time magazine's long-term rival Newsweek ceased print publication, moving only to digital version for tablets and folding its website into that of its partner site The Daily Beast.
http://www.chinapost.com.tw/business/company-focus/2013/02/01/369186/Time-Inc.htm
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
01-Feb-2013 05:01
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
Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48
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
Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57
Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46
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
IC testing/packaging firms to begin year slow before pickup :: (ChinaPost.com.tw) - The integrated circuit (IC) testing and packaging industry will begin 2013 slow and gain traction as the year goes on, two leading operators said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369112/IC-testing-packaging.htm
Lite-On to buy affiliate at over 20% premium :: (ChinaPost.com.tw) - Lite-On Technology yesterday announced it will purchase affiliate business Lite-On IT at a premium of more than 20 percent over the latter's closing price yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369113/Lite-On-to.htm
CHT reports unaudited Q4 revenue growth of 2.5%; 2012 growth at 1.3% :: (ChinaPost.com.tw) - Chunghwa Telecom (CHT, 中華電信) yesterday reported its unaudited operating results for the fourth quarter and full year of 2012, posting revenue growth of 2.5 and 1.3 percent respectively.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369115/CHT-reports.htm
Local banks to begin RMB trade by Feb. 6 at earliest :: (ChinaPost.com.tw) - Taiwan banks will begin offering renminbi-related products starting on Feb. 6 at the earliest, said the Central Bank of the Republic of China (Taiwan) yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369117/Local-banks.htm
Taiwan's GDP to expand by 3.02% over 2013: ANZ :: (ChinaPost.com.tw) - Australia and New Zealand Banking Group Ltd. (ANZ) forecast yesterday that Taiwan's economy will grow 3.02 percent in 2013 after posting sluggish growth last year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369119/Taiwans-GDP.htm
Output value of Taiwan's flat-panel sector falls in 2012: industry group :: (ChinaPost.com.tw) - Taiwan's flat-panel industry posted negative growth last year because of a decline in the output value of midstream displays, the Photonics Industry and Technology Development Association (PIDA) said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369121/Output-value.htm
Toyota issues recall of nearly 1.3 mil. vehicles over air bags, wiper problems :: (ChinaPost.com.tw) - Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369123/Toyota-issues.htm
Malaysia and China to sign economic deals during visit of Beijing official :: (ChinaPost.com.tw) - China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
http://www.chinapost.com.tw/business/asia/malaysia/2013/01/31/369125/Malaysia-and.htm
Lenovo profit boosted 28 percent by strong sales of smartphones, tablets :: (ChinaPost.com.tw) - Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 28 percent on strong sales of smartphones and tablet computers but warned this year's market will be tough.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369126/Lenovo-profit.htm
Semiconductor firm Macronix posts loss per share of NT$1.55 for 2012 :: (ChinaPost.com.tw) - Semiconductor firm Macronix posted a loss of NT$5.47 billion last year, or loss per share of NT$1.55, due to reduced sales and falling prices, it reported during its investors' conference yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369128/Semiconductor-firm.htm
Looming shortage of workers in China may pose threat to economy :: (ChinaPost.com.tw) - China's demographic time bomb is ticking much louder with the first fall in its labor pool for decades, analysts say, highlighting the risk that the country grows old before it grows rich.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369129/Looming-shortage.htm
Slow US growth may hide strength :: (ChinaPost.com.tw) - Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal.
The consensus forecast from Factset is that economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1-percent rate in the July-September quarter and would be the slowest in nearly two years.
http://www.chinapost.com.tw/business/americas/2013/01/31/369130/Slow-US.htm
US Federal Reserve's new voting lineup unlikely to alter policy :: (ChinaPost.com.tw) - The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
http://www.chinapost.com.tw/business/americas/2013/01/31/369131/US-Federal.htm
In year left at helm, Ben Bernanke may take foot off stimulus pedal :: (ChinaPost.com.tw) - Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off the gas pedal of financial stimulus that is helping to fuel the still-weak U.S. recovery and begin tapping on the brakes.
http://www.chinapost.com.tw/business/americas/2013/01/31/369132/In-year.htm
HK considers making baby formula a protected product :: (ChinaPost.com.tw) - Hong Kong is considering designating baby formula a "reserved commodity" to ensure sufficient supply, an official said Wednesday, after mainland Chinese who flocked to buy it sparked shortage fears.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369134/HK-considers.htm
Watchdog says taxpayers stand to lose US$27 billion in bailout :: (ChinaPost.com.tw) - A government watchdog says U.S. taxpayers stand to lose US$27 billion from the 2008 financial bailout, up from an estimate of US$22 billion made in the fall.
http://www.chinapost.com.tw/business/americas/2013/01/31/369135/Watchdog-says.htm
Russia to continue oil, natural gas ties in Venezuela: Rosneft :: (ChinaPost.com.tw) - The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
http://www.chinapost.com.tw/business/europe/2013/01/31/369136/Russia-to.htm
Judge gives OK for US$4 billion BP oil spill criminal settlement :: (ChinaPost.com.tw) - BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a U.S. judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record US$4 billion in penalties.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369139/Judge-gives.htm
Time Inc. sacks 6 percent of workers but keeps the presses running: reports :: (ChinaPost.com.tw) - The move comes just a month after Time magazine's long-term rival Newsweek ceased print publication, moving only to digital version for tablets and folding its website into that of its partner site The Daily Beast.
http://www.chinapost.com.tw/business/company-focus/2013/02/01/369186/Time-Inc.htm
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
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
Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48
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
Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57
Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46
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
IC testing/packaging firms to begin year slow before pickup :: (ChinaPost.com.tw) - The integrated circuit (IC) testing and packaging industry will begin 2013 slow and gain traction as the year goes on, two leading operators said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369112/IC-testing-packaging.htm
Lite-On to buy affiliate at over 20% premium :: (ChinaPost.com.tw) - Lite-On Technology yesterday announced it will purchase affiliate business Lite-On IT at a premium of more than 20 percent over the latter's closing price yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369113/Lite-On-to.htm
CHT reports unaudited Q4 revenue growth of 2.5%; 2012 growth at 1.3% :: (ChinaPost.com.tw) - Chunghwa Telecom (CHT, 中華電信) yesterday reported its unaudited operating results for the fourth quarter and full year of 2012, posting revenue growth of 2.5 and 1.3 percent respectively.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369115/CHT-reports.htm
Local banks to begin RMB trade by Feb. 6 at earliest :: (ChinaPost.com.tw) - Taiwan banks will begin offering renminbi-related products starting on Feb. 6 at the earliest, said the Central Bank of the Republic of China (Taiwan) yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369117/Local-banks.htm
Taiwan's GDP to expand by 3.02% over 2013: ANZ :: (ChinaPost.com.tw) - Australia and New Zealand Banking Group Ltd. (ANZ) forecast yesterday that Taiwan's economy will grow 3.02 percent in 2013 after posting sluggish growth last year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369119/Taiwans-GDP.htm
Output value of Taiwan's flat-panel sector falls in 2012: industry group :: (ChinaPost.com.tw) - Taiwan's flat-panel industry posted negative growth last year because of a decline in the output value of midstream displays, the Photonics Industry and Technology Development Association (PIDA) said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369121/Output-value.htm
Toyota issues recall of nearly 1.3 mil. vehicles over air bags, wiper problems :: (ChinaPost.com.tw) - Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369123/Toyota-issues.htm
Malaysia and China to sign economic deals during visit of Beijing official :: (ChinaPost.com.tw) - China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
http://www.chinapost.com.tw/business/asia/malaysia/2013/01/31/369125/Malaysia-and.htm
Lenovo profit boosted 28 percent by strong sales of smartphones, tablets :: (ChinaPost.com.tw) - Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 28 percent on strong sales of smartphones and tablet computers but warned this year's market will be tough.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369126/Lenovo-profit.htm
Semiconductor firm Macronix posts loss per share of NT$1.55 for 2012 :: (ChinaPost.com.tw) - Semiconductor firm Macronix posted a loss of NT$5.47 billion last year, or loss per share of NT$1.55, due to reduced sales and falling prices, it reported during its investors' conference yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369128/Semiconductor-firm.htm
Looming shortage of workers in China may pose threat to economy :: (ChinaPost.com.tw) - China's demographic time bomb is ticking much louder with the first fall in its labor pool for decades, analysts say, highlighting the risk that the country grows old before it grows rich.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369129/Looming-shortage.htm
Slow US growth may hide strength :: (ChinaPost.com.tw) - Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal.
The consensus forecast from Factset is that economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1-percent rate in the July-September quarter and would be the slowest in nearly two years.
http://www.chinapost.com.tw/business/americas/2013/01/31/369130/Slow-US.htm
US Federal Reserve's new voting lineup unlikely to alter policy :: (ChinaPost.com.tw) - The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
http://www.chinapost.com.tw/business/americas/2013/01/31/369131/US-Federal.htm
In year left at helm, Ben Bernanke may take foot off stimulus pedal :: (ChinaPost.com.tw) - Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off the gas pedal of financial stimulus that is helping to fuel the still-weak U.S. recovery and begin tapping on the brakes.
http://www.chinapost.com.tw/business/americas/2013/01/31/369132/In-year.htm
HK considers making baby formula a protected product :: (ChinaPost.com.tw) - Hong Kong is considering designating baby formula a "reserved commodity" to ensure sufficient supply, an official said Wednesday, after mainland Chinese who flocked to buy it sparked shortage fears.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369134/HK-considers.htm
Watchdog says taxpayers stand to lose US$27 billion in bailout :: (ChinaPost.com.tw) - A government watchdog says U.S. taxpayers stand to lose US$27 billion from the 2008 financial bailout, up from an estimate of US$22 billion made in the fall.
http://www.chinapost.com.tw/business/americas/2013/01/31/369135/Watchdog-says.htm
Russia to continue oil, natural gas ties in Venezuela: Rosneft :: (ChinaPost.com.tw) - The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
http://www.chinapost.com.tw/business/europe/2013/01/31/369136/Russia-to.htm
Judge gives OK for US$4 billion BP oil spill criminal settlement :: (ChinaPost.com.tw) - BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a U.S. judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record US$4 billion in penalties.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369139/Judge-gives.htm
Time Inc. sacks 6 percent of workers but keeps the presses running: reports :: (ChinaPost.com.tw) - The move comes just a month after Time magazine's long-term rival Newsweek ceased print publication, moving only to digital version for tablets and folding its website into that of its partner site The Daily Beast.
http://www.chinapost.com.tw/business/company-focus/2013/02/01/369186/Time-Inc.htm
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
01-Feb-2013 04:00
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
Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48
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
Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57
Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46
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
IC testing/packaging firms to begin year slow before pickup :: (ChinaPost.com.tw) - The integrated circuit (IC) testing and packaging industry will begin 2013 slow and gain traction as the year goes on, two leading operators said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369112/IC-testing-packaging.htm
Lite-On to buy affiliate at over 20% premium :: (ChinaPost.com.tw) - Lite-On Technology yesterday announced it will purchase affiliate business Lite-On IT at a premium of more than 20 percent over the latter's closing price yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369113/Lite-On-to.htm
CHT reports unaudited Q4 revenue growth of 2.5%; 2012 growth at 1.3% :: (ChinaPost.com.tw) - Chunghwa Telecom (CHT, 中華電信) yesterday reported its unaudited operating results for the fourth quarter and full year of 2012, posting revenue growth of 2.5 and 1.3 percent respectively.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369115/CHT-reports.htm
Local banks to begin RMB trade by Feb. 6 at earliest :: (ChinaPost.com.tw) - Taiwan banks will begin offering renminbi-related products starting on Feb. 6 at the earliest, said the Central Bank of the Republic of China (Taiwan) yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369117/Local-banks.htm
Taiwan's GDP to expand by 3.02% over 2013: ANZ :: (ChinaPost.com.tw) - Australia and New Zealand Banking Group Ltd. (ANZ) forecast yesterday that Taiwan's economy will grow 3.02 percent in 2013 after posting sluggish growth last year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369119/Taiwans-GDP.htm
Output value of Taiwan's flat-panel sector falls in 2012: industry group :: (ChinaPost.com.tw) - Taiwan's flat-panel industry posted negative growth last year because of a decline in the output value of midstream displays, the Photonics Industry and Technology Development Association (PIDA) said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369121/Output-value.htm
Toyota issues recall of nearly 1.3 mil. vehicles over air bags, wiper problems :: (ChinaPost.com.tw) - Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369123/Toyota-issues.htm
Malaysia and China to sign economic deals during visit of Beijing official :: (ChinaPost.com.tw) - China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
http://www.chinapost.com.tw/business/asia/malaysia/2013/01/31/369125/Malaysia-and.htm
Lenovo profit boosted 28 percent by strong sales of smartphones, tablets :: (ChinaPost.com.tw) - Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 28 percent on strong sales of smartphones and tablet computers but warned this year's market will be tough.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369126/Lenovo-profit.htm
Semiconductor firm Macronix posts loss per share of NT$1.55 for 2012 :: (ChinaPost.com.tw) - Semiconductor firm Macronix posted a loss of NT$5.47 billion last year, or loss per share of NT$1.55, due to reduced sales and falling prices, it reported during its investors' conference yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369128/Semiconductor-firm.htm
Looming shortage of workers in China may pose threat to economy :: (ChinaPost.com.tw) - China's demographic time bomb is ticking much louder with the first fall in its labor pool for decades, analysts say, highlighting the risk that the country grows old before it grows rich.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369129/Looming-shortage.htm
Slow US growth may hide strength :: (ChinaPost.com.tw) - Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal.
The consensus forecast from Factset is that economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1-percent rate in the July-September quarter and would be the slowest in nearly two years.
http://www.chinapost.com.tw/business/americas/2013/01/31/369130/Slow-US.htm
US Federal Reserve's new voting lineup unlikely to alter policy :: (ChinaPost.com.tw) - The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
http://www.chinapost.com.tw/business/americas/2013/01/31/369131/US-Federal.htm
In year left at helm, Ben Bernanke may take foot off stimulus pedal :: (ChinaPost.com.tw) - Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off the gas pedal of financial stimulus that is helping to fuel the still-weak U.S. recovery and begin tapping on the brakes.
http://www.chinapost.com.tw/business/americas/2013/01/31/369132/In-year.htm
HK considers making baby formula a protected product :: (ChinaPost.com.tw) - Hong Kong is considering designating baby formula a "reserved commodity" to ensure sufficient supply, an official said Wednesday, after mainland Chinese who flocked to buy it sparked shortage fears.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369134/HK-considers.htm
Watchdog says taxpayers stand to lose US$27 billion in bailout :: (ChinaPost.com.tw) - A government watchdog says U.S. taxpayers stand to lose US$27 billion from the 2008 financial bailout, up from an estimate of US$22 billion made in the fall.
http://www.chinapost.com.tw/business/americas/2013/01/31/369135/Watchdog-says.htm
Russia to continue oil, natural gas ties in Venezuela: Rosneft :: (ChinaPost.com.tw) - The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
http://www.chinapost.com.tw/business/europe/2013/01/31/369136/Russia-to.htm
Judge gives OK for US$4 billion BP oil spill criminal settlement :: (ChinaPost.com.tw) - BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a U.S. judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record US$4 billion in penalties.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369139/Judge-gives.htm
Time Inc. sacks 6 percent of workers but keeps the presses running: reports :: (ChinaPost.com.tw) - The move comes just a month after Time magazine's long-term rival Newsweek ceased print publication, moving only to digital version for tablets and folding its website into that of its partner site The Daily Beast.
http://www.chinapost.com.tw/business/company-focus/2013/02/01/369186/Time-Inc.htm
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
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
Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48
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
Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57
Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46
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
IC testing/packaging firms to begin year slow before pickup :: (ChinaPost.com.tw) - The integrated circuit (IC) testing and packaging industry will begin 2013 slow and gain traction as the year goes on, two leading operators said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369112/IC-testing-packaging.htm
Lite-On to buy affiliate at over 20% premium :: (ChinaPost.com.tw) - Lite-On Technology yesterday announced it will purchase affiliate business Lite-On IT at a premium of more than 20 percent over the latter's closing price yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369113/Lite-On-to.htm
CHT reports unaudited Q4 revenue growth of 2.5%; 2012 growth at 1.3% :: (ChinaPost.com.tw) - Chunghwa Telecom (CHT, 中華電信) yesterday reported its unaudited operating results for the fourth quarter and full year of 2012, posting revenue growth of 2.5 and 1.3 percent respectively.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369115/CHT-reports.htm
Local banks to begin RMB trade by Feb. 6 at earliest :: (ChinaPost.com.tw) - Taiwan banks will begin offering renminbi-related products starting on Feb. 6 at the earliest, said the Central Bank of the Republic of China (Taiwan) yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369117/Local-banks.htm
Taiwan's GDP to expand by 3.02% over 2013: ANZ :: (ChinaPost.com.tw) - Australia and New Zealand Banking Group Ltd. (ANZ) forecast yesterday that Taiwan's economy will grow 3.02 percent in 2013 after posting sluggish growth last year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369119/Taiwans-GDP.htm
Output value of Taiwan's flat-panel sector falls in 2012: industry group :: (ChinaPost.com.tw) - Taiwan's flat-panel industry posted negative growth last year because of a decline in the output value of midstream displays, the Photonics Industry and Technology Development Association (PIDA) said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369121/Output-value.htm
Toyota issues recall of nearly 1.3 mil. vehicles over air bags, wiper problems :: (ChinaPost.com.tw) - Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369123/Toyota-issues.htm
Malaysia and China to sign economic deals during visit of Beijing official :: (ChinaPost.com.tw) - China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
http://www.chinapost.com.tw/business/asia/malaysia/2013/01/31/369125/Malaysia-and.htm
Lenovo profit boosted 28 percent by strong sales of smartphones, tablets :: (ChinaPost.com.tw) - Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 28 percent on strong sales of smartphones and tablet computers but warned this year's market will be tough.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369126/Lenovo-profit.htm
Semiconductor firm Macronix posts loss per share of NT$1.55 for 2012 :: (ChinaPost.com.tw) - Semiconductor firm Macronix posted a loss of NT$5.47 billion last year, or loss per share of NT$1.55, due to reduced sales and falling prices, it reported during its investors' conference yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369128/Semiconductor-firm.htm
Looming shortage of workers in China may pose threat to economy :: (ChinaPost.com.tw) - China's demographic time bomb is ticking much louder with the first fall in its labor pool for decades, analysts say, highlighting the risk that the country grows old before it grows rich.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369129/Looming-shortage.htm
Slow US growth may hide strength :: (ChinaPost.com.tw) - Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal.
The consensus forecast from Factset is that economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1-percent rate in the July-September quarter and would be the slowest in nearly two years.
http://www.chinapost.com.tw/business/americas/2013/01/31/369130/Slow-US.htm
US Federal Reserve's new voting lineup unlikely to alter policy :: (ChinaPost.com.tw) - The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
http://www.chinapost.com.tw/business/americas/2013/01/31/369131/US-Federal.htm
In year left at helm, Ben Bernanke may take foot off stimulus pedal :: (ChinaPost.com.tw) - Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off the gas pedal of financial stimulus that is helping to fuel the still-weak U.S. recovery and begin tapping on the brakes.
http://www.chinapost.com.tw/business/americas/2013/01/31/369132/In-year.htm
HK considers making baby formula a protected product :: (ChinaPost.com.tw) - Hong Kong is considering designating baby formula a "reserved commodity" to ensure sufficient supply, an official said Wednesday, after mainland Chinese who flocked to buy it sparked shortage fears.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369134/HK-considers.htm
Watchdog says taxpayers stand to lose US$27 billion in bailout :: (ChinaPost.com.tw) - A government watchdog says U.S. taxpayers stand to lose US$27 billion from the 2008 financial bailout, up from an estimate of US$22 billion made in the fall.
http://www.chinapost.com.tw/business/americas/2013/01/31/369135/Watchdog-says.htm
Russia to continue oil, natural gas ties in Venezuela: Rosneft :: (ChinaPost.com.tw) - The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
http://www.chinapost.com.tw/business/europe/2013/01/31/369136/Russia-to.htm
Judge gives OK for US$4 billion BP oil spill criminal settlement :: (ChinaPost.com.tw) - BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a U.S. judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record US$4 billion in penalties.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369139/Judge-gives.htm
Time Inc. sacks 6 percent of workers but keeps the presses running: reports :: (ChinaPost.com.tw) - The move comes just a month after Time magazine's long-term rival Newsweek ceased print publication, moving only to digital version for tablets and folding its website into that of its partner site The Daily Beast.
http://www.chinapost.com.tw/business/company-focus/2013/02/01/369186/Time-Inc.htm
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
01-Feb-2013 02:59
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
Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48
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
Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57
Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46
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
IC testing/packaging firms to begin year slow before pickup :: (ChinaPost.com.tw) - The integrated circuit (IC) testing and packaging industry will begin 2013 slow and gain traction as the year goes on, two leading operators said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369112/IC-testing-packaging.htm
Lite-On to buy affiliate at over 20% premium :: (ChinaPost.com.tw) - Lite-On Technology yesterday announced it will purchase affiliate business Lite-On IT at a premium of more than 20 percent over the latter's closing price yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369113/Lite-On-to.htm
CHT reports unaudited Q4 revenue growth of 2.5%; 2012 growth at 1.3% :: (ChinaPost.com.tw) - Chunghwa Telecom (CHT, 中華電信) yesterday reported its unaudited operating results for the fourth quarter and full year of 2012, posting revenue growth of 2.5 and 1.3 percent respectively.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369115/CHT-reports.htm
Local banks to begin RMB trade by Feb. 6 at earliest :: (ChinaPost.com.tw) - Taiwan banks will begin offering renminbi-related products starting on Feb. 6 at the earliest, said the Central Bank of the Republic of China (Taiwan) yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369117/Local-banks.htm
Taiwan's GDP to expand by 3.02% over 2013: ANZ :: (ChinaPost.com.tw) - Australia and New Zealand Banking Group Ltd. (ANZ) forecast yesterday that Taiwan's economy will grow 3.02 percent in 2013 after posting sluggish growth last year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369119/Taiwans-GDP.htm
Output value of Taiwan's flat-panel sector falls in 2012: industry group :: (ChinaPost.com.tw) - Taiwan's flat-panel industry posted negative growth last year because of a decline in the output value of midstream displays, the Photonics Industry and Technology Development Association (PIDA) said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369121/Output-value.htm
Toyota issues recall of nearly 1.3 mil. vehicles over air bags, wiper problems :: (ChinaPost.com.tw) - Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369123/Toyota-issues.htm
Malaysia and China to sign economic deals during visit of Beijing official :: (ChinaPost.com.tw) - China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
http://www.chinapost.com.tw/business/asia/malaysia/2013/01/31/369125/Malaysia-and.htm
Lenovo profit boosted 28 percent by strong sales of smartphones, tablets :: (ChinaPost.com.tw) - Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 28 percent on strong sales of smartphones and tablet computers but warned this year's market will be tough.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369126/Lenovo-profit.htm
Semiconductor firm Macronix posts loss per share of NT$1.55 for 2012 :: (ChinaPost.com.tw) - Semiconductor firm Macronix posted a loss of NT$5.47 billion last year, or loss per share of NT$1.55, due to reduced sales and falling prices, it reported during its investors' conference yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369128/Semiconductor-firm.htm
Looming shortage of workers in China may pose threat to economy :: (ChinaPost.com.tw) - China's demographic time bomb is ticking much louder with the first fall in its labor pool for decades, analysts say, highlighting the risk that the country grows old before it grows rich.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369129/Looming-shortage.htm
Slow US growth may hide strength :: (ChinaPost.com.tw) - Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal.
The consensus forecast from Factset is that economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1-percent rate in the July-September quarter and would be the slowest in nearly two years.
http://www.chinapost.com.tw/business/americas/2013/01/31/369130/Slow-US.htm
US Federal Reserve's new voting lineup unlikely to alter policy :: (ChinaPost.com.tw) - The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
http://www.chinapost.com.tw/business/americas/2013/01/31/369131/US-Federal.htm
In year left at helm, Ben Bernanke may take foot off stimulus pedal :: (ChinaPost.com.tw) - Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off the gas pedal of financial stimulus that is helping to fuel the still-weak U.S. recovery and begin tapping on the brakes.
http://www.chinapost.com.tw/business/americas/2013/01/31/369132/In-year.htm
HK considers making baby formula a protected product :: (ChinaPost.com.tw) - Hong Kong is considering designating baby formula a "reserved commodity" to ensure sufficient supply, an official said Wednesday, after mainland Chinese who flocked to buy it sparked shortage fears.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369134/HK-considers.htm
Watchdog says taxpayers stand to lose US$27 billion in bailout :: (ChinaPost.com.tw) - A government watchdog says U.S. taxpayers stand to lose US$27 billion from the 2008 financial bailout, up from an estimate of US$22 billion made in the fall.
http://www.chinapost.com.tw/business/americas/2013/01/31/369135/Watchdog-says.htm
Russia to continue oil, natural gas ties in Venezuela: Rosneft :: (ChinaPost.com.tw) - The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
http://www.chinapost.com.tw/business/europe/2013/01/31/369136/Russia-to.htm
Judge gives OK for US$4 billion BP oil spill criminal settlement :: (ChinaPost.com.tw) - BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a U.S. judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record US$4 billion in penalties.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369139/Judge-gives.htm
Time Inc. sacks 6 percent of workers but keeps the presses running: reports :: (ChinaPost.com.tw) - The move comes just a month after Time magazine's long-term rival Newsweek ceased print publication, moving only to digital version for tablets and folding its website into that of its partner site The Daily Beast.
http://www.chinapost.com.tw/business/company-focus/2013/02/01/369186/Time-Inc.htm
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
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
Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48
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
Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57
Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46
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
IC testing/packaging firms to begin year slow before pickup :: (ChinaPost.com.tw) - The integrated circuit (IC) testing and packaging industry will begin 2013 slow and gain traction as the year goes on, two leading operators said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369112/IC-testing-packaging.htm
Lite-On to buy affiliate at over 20% premium :: (ChinaPost.com.tw) - Lite-On Technology yesterday announced it will purchase affiliate business Lite-On IT at a premium of more than 20 percent over the latter's closing price yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369113/Lite-On-to.htm
CHT reports unaudited Q4 revenue growth of 2.5%; 2012 growth at 1.3% :: (ChinaPost.com.tw) - Chunghwa Telecom (CHT, 中華電信) yesterday reported its unaudited operating results for the fourth quarter and full year of 2012, posting revenue growth of 2.5 and 1.3 percent respectively.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369115/CHT-reports.htm
Local banks to begin RMB trade by Feb. 6 at earliest :: (ChinaPost.com.tw) - Taiwan banks will begin offering renminbi-related products starting on Feb. 6 at the earliest, said the Central Bank of the Republic of China (Taiwan) yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369117/Local-banks.htm
Taiwan's GDP to expand by 3.02% over 2013: ANZ :: (ChinaPost.com.tw) - Australia and New Zealand Banking Group Ltd. (ANZ) forecast yesterday that Taiwan's economy will grow 3.02 percent in 2013 after posting sluggish growth last year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369119/Taiwans-GDP.htm
Output value of Taiwan's flat-panel sector falls in 2012: industry group :: (ChinaPost.com.tw) - Taiwan's flat-panel industry posted negative growth last year because of a decline in the output value of midstream displays, the Photonics Industry and Technology Development Association (PIDA) said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369121/Output-value.htm
Toyota issues recall of nearly 1.3 mil. vehicles over air bags, wiper problems :: (ChinaPost.com.tw) - Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369123/Toyota-issues.htm
Malaysia and China to sign economic deals during visit of Beijing official :: (ChinaPost.com.tw) - China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
http://www.chinapost.com.tw/business/asia/malaysia/2013/01/31/369125/Malaysia-and.htm
Lenovo profit boosted 28 percent by strong sales of smartphones, tablets :: (ChinaPost.com.tw) - Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 28 percent on strong sales of smartphones and tablet computers but warned this year's market will be tough.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369126/Lenovo-profit.htm
Semiconductor firm Macronix posts loss per share of NT$1.55 for 2012 :: (ChinaPost.com.tw) - Semiconductor firm Macronix posted a loss of NT$5.47 billion last year, or loss per share of NT$1.55, due to reduced sales and falling prices, it reported during its investors' conference yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369128/Semiconductor-firm.htm
Looming shortage of workers in China may pose threat to economy :: (ChinaPost.com.tw) - China's demographic time bomb is ticking much louder with the first fall in its labor pool for decades, analysts say, highlighting the risk that the country grows old before it grows rich.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369129/Looming-shortage.htm
Slow US growth may hide strength :: (ChinaPost.com.tw) - Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal.
The consensus forecast from Factset is that economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1-percent rate in the July-September quarter and would be the slowest in nearly two years.
http://www.chinapost.com.tw/business/americas/2013/01/31/369130/Slow-US.htm
US Federal Reserve's new voting lineup unlikely to alter policy :: (ChinaPost.com.tw) - The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
http://www.chinapost.com.tw/business/americas/2013/01/31/369131/US-Federal.htm
In year left at helm, Ben Bernanke may take foot off stimulus pedal :: (ChinaPost.com.tw) - Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off the gas pedal of financial stimulus that is helping to fuel the still-weak U.S. recovery and begin tapping on the brakes.
http://www.chinapost.com.tw/business/americas/2013/01/31/369132/In-year.htm
HK considers making baby formula a protected product :: (ChinaPost.com.tw) - Hong Kong is considering designating baby formula a "reserved commodity" to ensure sufficient supply, an official said Wednesday, after mainland Chinese who flocked to buy it sparked shortage fears.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369134/HK-considers.htm
Watchdog says taxpayers stand to lose US$27 billion in bailout :: (ChinaPost.com.tw) - A government watchdog says U.S. taxpayers stand to lose US$27 billion from the 2008 financial bailout, up from an estimate of US$22 billion made in the fall.
http://www.chinapost.com.tw/business/americas/2013/01/31/369135/Watchdog-says.htm
Russia to continue oil, natural gas ties in Venezuela: Rosneft :: (ChinaPost.com.tw) - The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
http://www.chinapost.com.tw/business/europe/2013/01/31/369136/Russia-to.htm
Judge gives OK for US$4 billion BP oil spill criminal settlement :: (ChinaPost.com.tw) - BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a U.S. judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record US$4 billion in penalties.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369139/Judge-gives.htm
Time Inc. sacks 6 percent of workers but keeps the presses running: reports :: (ChinaPost.com.tw) - The move comes just a month after Time magazine's long-term rival Newsweek ceased print publication, moving only to digital version for tablets and folding its website into that of its partner site The Daily Beast.
http://www.chinapost.com.tw/business/company-focus/2013/02/01/369186/Time-Inc.htm
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
01-Feb-2013 01:58
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
Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48
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
Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57
Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46
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
IC testing/packaging firms to begin year slow before pickup :: (ChinaPost.com.tw) - The integrated circuit (IC) testing and packaging industry will begin 2013 slow and gain traction as the year goes on, two leading operators said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369112/IC-testing-packaging.htm
Lite-On to buy affiliate at over 20% premium :: (ChinaPost.com.tw) - Lite-On Technology yesterday announced it will purchase affiliate business Lite-On IT at a premium of more than 20 percent over the latter's closing price yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369113/Lite-On-to.htm
CHT reports unaudited Q4 revenue growth of 2.5%; 2012 growth at 1.3% :: (ChinaPost.com.tw) - Chunghwa Telecom (CHT, 中華電信) yesterday reported its unaudited operating results for the fourth quarter and full year of 2012, posting revenue growth of 2.5 and 1.3 percent respectively.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369115/CHT-reports.htm
Local banks to begin RMB trade by Feb. 6 at earliest :: (ChinaPost.com.tw) - Taiwan banks will begin offering renminbi-related products starting on Feb. 6 at the earliest, said the Central Bank of the Republic of China (Taiwan) yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369117/Local-banks.htm
Taiwan's GDP to expand by 3.02% over 2013: ANZ :: (ChinaPost.com.tw) - Australia and New Zealand Banking Group Ltd. (ANZ) forecast yesterday that Taiwan's economy will grow 3.02 percent in 2013 after posting sluggish growth last year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369119/Taiwans-GDP.htm
Output value of Taiwan's flat-panel sector falls in 2012: industry group :: (ChinaPost.com.tw) - Taiwan's flat-panel industry posted negative growth last year because of a decline in the output value of midstream displays, the Photonics Industry and Technology Development Association (PIDA) said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369121/Output-value.htm
Toyota issues recall of nearly 1.3 mil. vehicles over air bags, wiper problems :: (ChinaPost.com.tw) - Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369123/Toyota-issues.htm
Malaysia and China to sign economic deals during visit of Beijing official :: (ChinaPost.com.tw) - China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
http://www.chinapost.com.tw/business/asia/malaysia/2013/01/31/369125/Malaysia-and.htm
Lenovo profit boosted 28 percent by strong sales of smartphones, tablets :: (ChinaPost.com.tw) - Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 28 percent on strong sales of smartphones and tablet computers but warned this year's market will be tough.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369126/Lenovo-profit.htm
Semiconductor firm Macronix posts loss per share of NT$1.55 for 2012 :: (ChinaPost.com.tw) - Semiconductor firm Macronix posted a loss of NT$5.47 billion last year, or loss per share of NT$1.55, due to reduced sales and falling prices, it reported during its investors' conference yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369128/Semiconductor-firm.htm
Looming shortage of workers in China may pose threat to economy :: (ChinaPost.com.tw) - China's demographic time bomb is ticking much louder with the first fall in its labor pool for decades, analysts say, highlighting the risk that the country grows old before it grows rich.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369129/Looming-shortage.htm
Slow US growth may hide strength :: (ChinaPost.com.tw) - Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal.
The consensus forecast from Factset is that economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1-percent rate in the July-September quarter and would be the slowest in nearly two years.
http://www.chinapost.com.tw/business/americas/2013/01/31/369130/Slow-US.htm
US Federal Reserve's new voting lineup unlikely to alter policy :: (ChinaPost.com.tw) - The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
http://www.chinapost.com.tw/business/americas/2013/01/31/369131/US-Federal.htm
In year left at helm, Ben Bernanke may take foot off stimulus pedal :: (ChinaPost.com.tw) - Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off the gas pedal of financial stimulus that is helping to fuel the still-weak U.S. recovery and begin tapping on the brakes.
http://www.chinapost.com.tw/business/americas/2013/01/31/369132/In-year.htm
HK considers making baby formula a protected product :: (ChinaPost.com.tw) - Hong Kong is considering designating baby formula a "reserved commodity" to ensure sufficient supply, an official said Wednesday, after mainland Chinese who flocked to buy it sparked shortage fears.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369134/HK-considers.htm
Watchdog says taxpayers stand to lose US$27 billion in bailout :: (ChinaPost.com.tw) - A government watchdog says U.S. taxpayers stand to lose US$27 billion from the 2008 financial bailout, up from an estimate of US$22 billion made in the fall.
http://www.chinapost.com.tw/business/americas/2013/01/31/369135/Watchdog-says.htm
Russia to continue oil, natural gas ties in Venezuela: Rosneft :: (ChinaPost.com.tw) - The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
http://www.chinapost.com.tw/business/europe/2013/01/31/369136/Russia-to.htm
Judge gives OK for US$4 billion BP oil spill criminal settlement :: (ChinaPost.com.tw) - BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a U.S. judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record US$4 billion in penalties.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369139/Judge-gives.htm
Time Inc. sacks 6 percent of workers but keeps the presses running: reports :: (ChinaPost.com.tw) - The move comes just a month after Time magazine's long-term rival Newsweek ceased print publication, moving only to digital version for tablets and folding its website into that of its partner site The Daily Beast.
http://www.chinapost.com.tw/business/company-focus/2013/02/01/369186/Time-Inc.htm
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
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
Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48
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
Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57
Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46
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
IC testing/packaging firms to begin year slow before pickup :: (ChinaPost.com.tw) - The integrated circuit (IC) testing and packaging industry will begin 2013 slow and gain traction as the year goes on, two leading operators said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369112/IC-testing-packaging.htm
Lite-On to buy affiliate at over 20% premium :: (ChinaPost.com.tw) - Lite-On Technology yesterday announced it will purchase affiliate business Lite-On IT at a premium of more than 20 percent over the latter's closing price yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369113/Lite-On-to.htm
CHT reports unaudited Q4 revenue growth of 2.5%; 2012 growth at 1.3% :: (ChinaPost.com.tw) - Chunghwa Telecom (CHT, 中華電信) yesterday reported its unaudited operating results for the fourth quarter and full year of 2012, posting revenue growth of 2.5 and 1.3 percent respectively.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369115/CHT-reports.htm
Local banks to begin RMB trade by Feb. 6 at earliest :: (ChinaPost.com.tw) - Taiwan banks will begin offering renminbi-related products starting on Feb. 6 at the earliest, said the Central Bank of the Republic of China (Taiwan) yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369117/Local-banks.htm
Taiwan's GDP to expand by 3.02% over 2013: ANZ :: (ChinaPost.com.tw) - Australia and New Zealand Banking Group Ltd. (ANZ) forecast yesterday that Taiwan's economy will grow 3.02 percent in 2013 after posting sluggish growth last year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369119/Taiwans-GDP.htm
Output value of Taiwan's flat-panel sector falls in 2012: industry group :: (ChinaPost.com.tw) - Taiwan's flat-panel industry posted negative growth last year because of a decline in the output value of midstream displays, the Photonics Industry and Technology Development Association (PIDA) said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/31/369121/Output-value.htm
Toyota issues recall of nearly 1.3 mil. vehicles over air bags, wiper problems :: (ChinaPost.com.tw) - Toyota is recalling 907,000 vehicles, mostly Corolla models, around the world for faulty air bags and another 385,000 Lexus IS luxury cars for defective wipers.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369123/Toyota-issues.htm
Malaysia and China to sign economic deals during visit of Beijing official :: (ChinaPost.com.tw) - China and Malaysia are expected to seal several economic deals when senior Chinese leader Jia Qinglin arrives next week, reinforcing the growing ties between the two states.
http://www.chinapost.com.tw/business/asia/malaysia/2013/01/31/369125/Malaysia-and.htm
Lenovo profit boosted 28 percent by strong sales of smartphones, tablets :: (ChinaPost.com.tw) - Personal computer maker Lenovo Group said Wednesday its quarterly profit rose 28 percent on strong sales of smartphones and tablet computers but warned this year's market will be tough.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369126/Lenovo-profit.htm
Semiconductor firm Macronix posts loss per share of NT$1.55 for 2012 :: (ChinaPost.com.tw) - Semiconductor firm Macronix posted a loss of NT$5.47 billion last year, or loss per share of NT$1.55, due to reduced sales and falling prices, it reported during its investors' conference yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369128/Semiconductor-firm.htm
Looming shortage of workers in China may pose threat to economy :: (ChinaPost.com.tw) - China's demographic time bomb is ticking much louder with the first fall in its labor pool for decades, analysts say, highlighting the risk that the country grows old before it grows rich.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369129/Looming-shortage.htm
Slow US growth may hide strength :: (ChinaPost.com.tw) - Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal.
The consensus forecast from Factset is that economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a 3.1-percent rate in the July-September quarter and would be the slowest in nearly two years.
http://www.chinapost.com.tw/business/americas/2013/01/31/369130/Slow-US.htm
US Federal Reserve's new voting lineup unlikely to alter policy :: (ChinaPost.com.tw) - The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
http://www.chinapost.com.tw/business/americas/2013/01/31/369131/US-Federal.htm
In year left at helm, Ben Bernanke may take foot off stimulus pedal :: (ChinaPost.com.tw) - Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off the gas pedal of financial stimulus that is helping to fuel the still-weak U.S. recovery and begin tapping on the brakes.
http://www.chinapost.com.tw/business/americas/2013/01/31/369132/In-year.htm
HK considers making baby formula a protected product :: (ChinaPost.com.tw) - Hong Kong is considering designating baby formula a "reserved commodity" to ensure sufficient supply, an official said Wednesday, after mainland Chinese who flocked to buy it sparked shortage fears.
http://www.chinapost.com.tw/business/asia-china/2013/01/31/369134/HK-considers.htm
Watchdog says taxpayers stand to lose US$27 billion in bailout :: (ChinaPost.com.tw) - A government watchdog says U.S. taxpayers stand to lose US$27 billion from the 2008 financial bailout, up from an estimate of US$22 billion made in the fall.
http://www.chinapost.com.tw/business/americas/2013/01/31/369135/Watchdog-says.htm
Russia to continue oil, natural gas ties in Venezuela: Rosneft :: (ChinaPost.com.tw) - The chief executive of Russian energy company Rosneft said Tuesday that Russia will keep deepening cooperation with Venezuela's government in oil, natural gas and electrical projects.
http://www.chinapost.com.tw/business/europe/2013/01/31/369136/Russia-to.htm
Judge gives OK for US$4 billion BP oil spill criminal settlement :: (ChinaPost.com.tw) - BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a U.S. judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record US$4 billion in penalties.
http://www.chinapost.com.tw/business/global-markets/2013/01/31/369139/Judge-gives.htm
Time Inc. sacks 6 percent of workers but keeps the presses running: reports :: (ChinaPost.com.tw) - The move comes just a month after Time magazine's long-term rival Newsweek ceased print publication, moving only to digital version for tablets and folding its website into that of its partner site The Daily Beast.
http://www.chinapost.com.tw/business/company-focus/2013/02/01/369186/Time-Inc.htm
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
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