Wednesday, February 20, 2013

20-Feb-2013 17:42

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

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

Stocks begin Year of Snake strong :: (ChinaPost.com.tw) - Taiwan stocks began the Year of the Snake on a high note yesterday, with the local weighted index TAIE-- closing up 36.88 to 7,943.53.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/19/370636/Stocks-begin.htm

Taiwan to begin new 'civet coffee' exports :: (ChinaPost.com.tw) - Taiwan will begin exporting a new brand of luxury coffee to Japan in early March, marking a successful step in its efforts to produce high-end "civet coffee" by nontraditional means, an exporter said yesterday.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/19/370638/Taiwan-to.htm

HK Disney turns first profit since 2005 opening :: (ChinaPost.com.tw) - Disneyland in the southern Chinese city of Hong Kong has turned a profit for the first time since it opened in 2005, theme park officials said Monday.

http://www.chinapost.com.tw/business/global-markets/2013/02/19/370639/HK-Disney.htm

Taiwan eyes exporting jujubes to Japan from early next year :: (ChinaPost.com.tw) - Taiwan will begin exporting jujubes to Japan early next year as part of an effort to expand the overseas market for the fruit, a breeder said yesterday.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/19/370640/Taiwan-eyes.htm

LG unveils full-HD flagship smartphone :: (ChinaPost.com.tw) - LG Electronics unveiled Monday the latest version of its flagship smartphone, boasting a higher resolution screen aimed at gaining a technical edge over bigger rivals like Samsung.

http://www.chinapost.com.tw/business/global-markets/2013/02/19/370642/LG-unveils.htm

US dollar loses NT$0.041 to finish at NT$29.709 on foreign exchange :: (ChinaPost.com.tw) - The U.S. dollar fell against the Taiwan dollar yesterday, losing NT$0.041 to close at NT$29.709.
Turnover totaled US$795 million during the trading session.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/19/370643/US-dollar.htm

AUO says lawsuit with ATandT over price-fixing completely resolved :: (ChinaPost.com.tw) - Taiwan based AU Optronics Corp. (AUO) said yesterday it has fully settled its price-fixing lawsuit with ATandT Inc. and has accounted for the settlement in its 2012 fourth-quarter financial statement.

http://www.chinapost.com.tw/business/global-markets/2013/02/19/370644/AUO-says.htm

Sony decreases price of console PlayStation Vita in Japanese market :: (ChinaPost.com.tw) - Sony said Monday it was slashing the price on its hand-held PlayStation Vita console in Japan by as much as one-third as the electronics giant and its rivals face stiff competition from online games.

http://www.chinapost.com.tw/business/global-markets/2013/02/19/370646/Sony-decreases.htm

Brewing group Carlsberg's 2012 earnings up 6 percent year-on-year :: (ChinaPost.com.tw) - Carlsberg says that net profit in 2012 grew 6 percent year-on-year to 5.5 billion kroner (US$980 million), or slightly more than forecasted.

http://www.chinapost.com.tw/business/global-markets/2013/02/19/370647/Brewing-group.htm

Demand for gold set to stay strong amid global risks :: (ChinaPost.com.tw) - Global gold demand is expected to remain brisk this year, given risks in various parts of the world, chiefly the United States and the eurozone, according to the World Gold Council.

http://www.chinapost.com.tw/business/europe/2013/02/19/370648/Demand-for.htm

Thai economy soars post-flood recovery :: (ChinaPost.com.tw) - Thailand's economy enjoyed record growth in the fourth quarter of 2012 as industry recovered from the impact of the kingdom's worst floods in decades, official data showed Monday.

http://www.chinapost.com.tw/business/asia/thailand/2013/02/19/370649/Thai-economy.htm

South Korea's luxury imports hit record high :: (ChinaPost.com.tw) - Imports of luxury items such as premium brand clothes, handbags and cosmetics hit a record high US$8.6 billion (9.3 trillion won) last year despite the reeling economy.

http://www.chinapost.com.tw/business/asia/korea/2013/02/19/370650/South-Koreas.htm

Philippines needs US$3bil. to create some 600,000 jobs :: (ChinaPost.com.tw) - With US$3 billion worth of investments needed just to create some 621,000 jobs, the Philippine's government will have to step up its effort to generate employment by addressing the frequent mismatch in skills and developing key business sectors, the Philippines' National Economic and Development Authority (NEDA) said over the weekend.

http://www.chinapost.com.tw/business/asia/philippines/2013/02/19/370651/Philippines-needs.htm

Youth turning their backs on the 'Singapore Dream' :: (ChinaPost.com.tw) - Ong Hui Juan spent nearly four years working in a British bank in Singapore, but decided to leave last year to pursue her passion of working with youth — an unusual and surprising decision in the achievement-oriented city state.

http://www.chinapost.com.tw/business/asia/singapore/2013/02/19/370652/Youth-turning.htm

Packet noodle sales rise on 'fresh' texture :: (ChinaPost.com.tw) - Instant noodles have long been a staple but there has been a new boom in those sold in packets, as food manufacturers have introduced new textures based on those of fresh noodles.

http://www.chinapost.com.tw/business/asia/japan/2013/02/19/370653/Packet-noodle.htm

Oil falls after talk of 'weak' eurozone economy :: (ChinaPost.com.tw) - The price of crude oil fell Tuesday after the head of the European Central Bank described the economic outlook of the 17 countries that use the euro as weak in the near term.

http://www.chinapost.com.tw/business/global-markets/2013/02/20/370671/Oil-falls.htm

HTC shows off new phone for One line :: (ChinaPost.com.tw) - HTC, the struggling Taiwanese maker of smartphones, is taking a page from longtime partner Microsoft as it launches a new phone under the One brand.

http://www.chinapost.com.tw/business/company-focus/2013/02/20/370748/HTC-shows.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

Shipping industry needs gov't policy reforms: chair :: (ChinaPost.com.tw) - Far Eastern Group (遠東集團) Chairman Douglas Hsu (徐旭東) yesterday suggested the new Cabinet to direct the policy reform in Taiwan's shipping industry.

http://www.chinapost.com.tw/business/global-markets/2013/02/20/370764/Shipping-industry.htm

Large revision to GDP forecast unlikely: experts :: (ChinaPost.com.tw) - The government's statistics bureau is unlikely to revise its 2013 Taiwan growth forecast by a significant margin, experts said yesterday.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/20/370766/Large-revision.htm

Local bourse closes up 17.35 points at 7,960.88 :: (ChinaPost.com.tw) - Shares in Taiwan moved in a narrow range to end slightly higher yesterday amid concerns over a possible major pullback ahead of the 8,000-point mark, dealers said.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/20/370767/Local-bourse.htm

AUO shares jump on American depositary receipt sale plan :: (ChinaPost.com.tw) - Shares of AU Optronics Corp. (AUO), one of Taiwan's leading flat panel makers, soared yesterday after the company announced a plan to issue new American depositary receipts (ADRs) to finance purchases of production materials, dealers said.

http://www.chinapost.com.tw/business/global-markets/2013/02/20/370769/AUO-shares.htm

Taipei Telecom Show set for Feb. 21 :: (ChinaPost.com.tw) - The 2013 Taipei Telecom Show (2013電信暨智慧生活展) is set to begin Feb. 21, the Taipei Computer Association (TCA, 台北電腦公會) announced yesterday.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/20/370770/Taipei-Telecom.htm

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