A123: Another Test For China's U.S. Expansion Plans :: The pending auction of the battery business of A123 Systems, Inc. (OTC Markets: "AONEQ") will present yet another test for the U.S. expansion plans of Chinese companies interested in becoming global players. On October 16, A123, a Massachusetts-based company that designs, develops, manufactures, and sells rechargeable lithium-ion batteries and energy storage systems, filed for bankruptcy [...]
http://managingthedragon.com/?p 18
China Leads In Foreign Direct Investment :: For the first time since 2003, China has surpassed the United States as the world’s largest recipient of global foreign direct investment (FDI). During the first six months of the year, FDI flows to China totaled $59 billion, a slight decline from $61 billion in the first half of 2011. Meanwhile, FDI flowing to the [...]
http://managingthedragon.com/?p87
Canada Greenlights CNOOC's Purchase of Nexen :: Last Friday, the Canadian government approved China's biggest overseas energy acquisition, a $15.1 billion takeover of Nexen Inc. (NYSE: "NXY") by CNOOC Ltd. (NYSE: "CEO"). State-owned CNOOC is China's largest offshore driller, while Nexen is a Calgary based independent energy company that operates in Canada, the United Kingdom, and the United States, and offshore West [...]
http://managingthedragon.com/?p 31
Opportunities In China: The Next 10 Years :: In his keynote speech at the opening of the 18th National Congress of China's Communist Party, Hu Jintao, the outgoing President of China, set a new target for economic growth, saying that China should double its 2010 GDP and per capita income by 2020. “On the basis of making China’s development much more balanced, coordinated and [...]
http://managingthedragon.com/?p93
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
China's SMEs Access The Bond Market :: As financings go, the $7.8 million of three-year bonds that Tri-Tech Holding, Inc. (NASDAQ CM: TRIT) issued last month will not set any records for size. The significance of the financing, however, lies in the fact that it foreshadows a promising new source of capital for China's small and medium-sized private companies. According to research [...]
http://managingthedragon.com/?p84
Winners And Losers In China's Passenger Car Industry :: For the first 10 months of 2012, a total of 10.8 million passenger cars were sold in China, up 7.6 percent from the comparable period last year. China is now, by far, the largest passenger car market in the world, and given its size and importance, investors want to know: "Who is winning and who [...]
http://managingthedragon.com/?p89
Local bourse boosted by US budget bill passage :: (ChinaPost.com.tw) - Shares on the Taiwan Stock Exchange ended higher Wednesday after the U.S. House of Representatives followed the Senate by passing a budget bill to avoid the much vaunted fiscal cliff, dealers said.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/03/366187/Local-bourse.htm
China Steel to acquire Canadian iron ore assets :: (ChinaPost.com.tw) - China Steel Corp., one of Taiwan's leading steelmakers, said yesterday that it has agreed to acquire iron ore assets in Canada to secure its supply of raw material.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/03/366189/China-Steel.htm
HTC 2012 EPS may hit NT$25.5: experts :: (ChinaPost.com.tw) - HTC, a leading Taiwan smartphone maker, may report earnings per share of between NT$24.5 and NT$25.5 for 2012, in keeping with market expectations, said foreign investors yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/01/03/366190/HTC-2012.htm
LG leads in race to sell new OLED TVs :: (ChinaPost.com.tw) - LG Electronics Inc. started taking preorders on Wednesday for the world's first big TVs that use an advanced display technology promising startlingly clear images on wafer-thin screens.
http://www.chinapost.com.tw/business/global-markets/2013/01/03/366191/LG-leads.htm
Barclays cites potential for 'phablets' :: (ChinaPost.com.tw) - A senior analyst with Barclays Capital yesterday expressed his optimism over the popularity of "phablets," or hybrids between smartphones and tablet PCs.
http://www.chinapost.com.tw/business/global-markets/2013/01/03/366192/Barclays-cites.htm
US dollar sheds NT$0.046 to end day's trading at NT$29.090 on Taipei forex :: (ChinaPost.com.tw) - The U.S. dollar fell against the Taiwan dollar yesterday, shedding NT$0.046 to close at NT$29.090.
Turnover totaled about US$991 million during the trading session.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/03/366194/US-dollar.htm
Taiwan's mobile app market has strong potential: TWNIC survey :: (ChinaPost.com.tw) - Taiwan's mobile app market still has plenty of room for growth because the number of paid users remains limited, the Taiwan Network Information Center (TWNIC) said recently when presenting the results of an annual survey.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/03/366195/Taiwans-mobile.htm
Hotai Motor Co. tops auto sales in Taiwan for 11th consecutive year :: (ChinaPost.com.tw) - Hotai Motor Co., the Taiwanese sales agent for Japan's Toyota Motor, said yesterday it retained its place in 2012 as the top auto vendor in Taiwan, in terms of market share, for the 11th consecutive year.
http://www.chinapost.com.tw/business/global-markets/2013/01/03/366197/Hotai-Motor.htm
Eurozone manufacturing shrinks in December for 17th month: Markit :: (ChinaPost.com.tw) - Eurozone manufacturing activity contracted for a 17th month running in December, a key survey of business managers showed on Wednesday.
http://www.chinapost.com.tw/business/europe/2013/01/03/366198/Eurozone-manufacturing.htm
Half of new businesses in S. Korea disappear within their first two years :: (ChinaPost.com.tw) - Only about half of new firms in the country survive through their first two years, data from Statistics Korea showed.
The smaller they were the faster they perished.
http://www.chinapost.com.tw/business/asia/korea/2013/01/03/366199/Half-of.htm
Number of employed Germans hits record levels despite economic woes :: (ChinaPost.com.tw) - The number of people in Germany who have a job rose to a record high level last year, even though growth momentum is slowing as the eurozone debt crisis hits the German labor market, data showed on Wednesday.
http://www.chinapost.com.tw/business/europe/2013/01/03/366200/Number-of.htm
Asia factories signal revival, but exports sluggish :: (ChinaPost.com.tw) - Manufacturing activity in Asia expanded in December as China's economy showed signs of revival but export demand was uneven, pointing to further sluggish growth for the region, business surveys suggest.
http://www.chinapost.com.tw/business/asia-china/2013/01/03/366201/Asia-factories.htm
Indonesia December inflation slows to 4.3% :: (ChinaPost.com.tw) - Inflation in Indonesia slowed in December, an official said Wednesday, with fuel subsidies keeping consumer prices tame throughout the year.
http://www.chinapost.com.tw/business/asia/indonesia/2013/01/03/366202/Indonesia-December.htm
Singapore avoids recession with Q4 growth :: (ChinaPost.com.tw) - Singapore escaped a technical recession after the economy grew in the fourth quarter thanks to a boost from services, government data showed Wednesday, but prospects for 2013 remain gloomy.
http://www.chinapost.com.tw/business/asia/singapore/2013/01/03/366203/Singapore-avoids.htm
Hyundai and Kia forecast slowest sales growth in 10 years :: (ChinaPost.com.tw) - South Korea's biggest automakers Hyundai Motor Co. and affiliate Kia Motors Corp. are targeting a 4 percent increase in global sales this year to a combined 7.41 million vehicles, their slowest growth since 2003.
http://www.chinapost.com.tw/business/global-markets/2013/01/03/366204/Hyundai-and.htm
India's carmakers show mixed sales trend in December 2012 :: (ChinaPost.com.tw) - Some of India's auto giants reported on Tuesday a modest increase and some a drop in sales of new cars for the month of December, despite recent festive discounts and new models launched.
http://www.chinapost.com.tw/business/asia/india/2013/01/03/366206/Indias-carmakers.htm
Macau gambling revenue hits record US$38 billion last year :: (ChinaPost.com.tw) - Macau's gambling revenue jumped 13.5 percent to a record US$38 billion in 2012, official figures showed Wednesday, despite the pace of growth in the world's largest gaming hub slowing from a year earlier.
http://www.chinapost.com.tw/business/asia-china/2013/01/03/366207/Macau-gambling.htm
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
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
Business leaders optimistic on '13 economic prospects :: (ChinaPost.com.tw) - Two local business leaders expressed optimism yesterday over the prospects for Taiwan's economy in 2013 after it suffered through a sluggish 2012 hurt by weakness in global economic fundamentals.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/02/366062/Business-leaders.htm
Rally in US bodes well for Taiwan on first day of 2013 trade: experts :: (ChinaPost.com.tw) - A rally in U.S. stocks on New Year's Eve bodes positively for gains in Taiwan stocks today as they open for their first session of 2013, experts said.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/02/366063/Rally-in.htm
Airlines fight over tight space in Philippines :: (ChinaPost.com.tw) - Infrastructure bottlenecks continue to choke the aviation sector as more foreign carriers, unable to find slots in most major airports in the Philippines, are deterred from mounting flights to the country.
http://www.chinapost.com.tw/business/asia/philippines/2013/01/02/366064/Airlines-fight.htm
Mobile devices may drive IC sector this year :: (ChinaPost.com.tw) - The global integrated circuit (IC) industry is set to experience a recovery this year, due largely to the popularity of mobile devices, experts agreed yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/02/366065/Mobile-devices.htm
Mutual funds on local bourse forecast to gain in Q1 :: (ChinaPost.com.tw) - Mutual funds that invest in the local bourse are expected to post gains in the first quarter of this year on hopes that shares on the Taiwan Stock Exchange will rise on the back of a recovery in the global economy, J.P. Morgan Asset Management said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/02/366066/Mutual-funds.htm
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