Tuesday, February 26, 2013

27-Feb-2013 05:15

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

Manufacturing, service sector enjoy positive growth: TIER :: (ChinaPost.com.tw) - The Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) yesterday released findings showing that over a 3-month period leading up to January 2013 both the manufacturing and service sectors enjoyed consecutive revenue growth.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/26/371390/Manufacturing-service.htm

F-TPK's fourth-quarter revenues grow by 72.6% :: (ChinaPost.com.tw) - Touch panel maker F-TPK (宸鴻) yesterday announced unprecedented growth with its 2012 fourth quarter revenues reaching NT$61.476 billion, a 72.6-percent growth on the previous quarter.

http://www.chinapost.com.tw/business/global-markets/2013/02/26/371391/F-TPKs-fourth-quarter.htm

New TSE head hopes to help everyone 'make money' :: (ChinaPost.com.tw) - Lee Sush-der, the new chairman of the Taiwan Stock Exchange (TSE), yesterday expressed his hope that under his leadership the exchange would help revitalize Taiwan's economy.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/26/371392/New-TSE.htm

Zurich Insurance office portions sold at record area price: paper :: (ChinaPost.com.tw) - Zurich Insurance Taiwan has sold portions of its office building on Dunhua North Road to a Hong Kong equity fund at a record price, the local Economic Daily News reported yesterday.

http://www.chinapost.com.tw/business/global-markets/2013/02/26/371394/Zurich-Insurance.htm

TAIEX fails to reach 8,000 points as stocks fall on back of thin trade :: (ChinaPost.com.tw) - The TAIE-- fell yesterday in another failed attempt to take hold of the 8,000 level due to narrowed trade volume.
At the end of the session, the weighted index fell 39.21 points, or 0.49 percent, to 7,947.68.

http://www.chinapost.com.tw/business/global-markets/2013/02/26/371395/TAIEX-fails.htm

Hua Nan Financial eyes acquisition deals to boost operations, growth :: (ChinaPost.com.tw) - Hua Nan Financial Holding is looking for acquisition deals that would boost the firm's operations and contribute to its sustainable growth, the firm said yesterday.

http://www.chinapost.com.tw/business/global-markets/2013/02/26/371396/Hua-Nan.htm

US dollar rises NT$0.044 to finish day at NT$29.702 :: (ChinaPost.com.tw) - The U.S. dollar rose against the New Taiwan dollar yesterday, gaining NT$0.044 to close at the day's high of NT$29.702.
Turnover totaled US$885 million during the trading session.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/26/371398/US-dollar.htm

Japan to raise US$10 bil. in tobacco firm's share sale :: (ChinaPost.com.tw) - Japan's government will sell around a third of its stake in Japan Tobacco Inc., the world's No. 3 tobacco company, to raise about US$10.4 billion for reconstruction of areas devastated by a 2011 earthquake and tsunami.

http://www.chinapost.com.tw/business/asia/japan/2013/02/26/371400/Japan-to.htm

Domino's Pizza hurt by weather after strong 2012 :: (ChinaPost.com.tw) - Domino's Pizza, Britain's biggest pizza delivery firm, said heavy snow hit its UK sales at the start of 2013, after surging online demand helped to lift annual profit 11 percent.

http://www.chinapost.com.tw/business/global-markets/2013/02/26/371401/Dominos-Pizza.htm

China manufacturing growth falls in Feb.: HSBC :: (ChinaPost.com.tw) - China's manufacturing growth hit a four-month low in February but remained positive, British banking giant HSBC said Monday, noting that the world's second-biggest economy was still recovering slowly.

http://www.chinapost.com.tw/business/asia-china/2013/02/26/371402/China-manufacturing.htm

Qantas Airways director resigns over links to Italian bank scandal :: (ChinaPost.com.tw) - A director at Australia's Qantas Airways resigned from the board Monday after being linked to scandals at Italy's Banca Monte dei Paschi di Siena, the world's oldest surviving bank.

http://www.chinapost.com.tw/business/asia/australia/2013/02/26/371403/Qantas-Airways.htm

KFC launches bid to rebuild brand in China after poultry drugs controversy :: (ChinaPost.com.tw) - KFC launched a campaign Monday to rebuild its battered brand in China, promising tighter quality control after a scandal over misuse of drugs by its poultry suppliers.

http://www.chinapost.com.tw/business/company-focus/2013/02/26/371404/KFC-launches.htm

S. Korea shop owners to boycott Japan goods :: (ChinaPost.com.tw) - An association of South Korea shop owners Monday urged millions of its members to boycott Japanese goods in protest at Japan's continued claim to a tiny set of islets at the heart of a decades-old dispute.

http://www.chinapost.com.tw/business/asia/korea/2013/02/26/371405/S-Korea.htm

China ratings firm warns of global 'currency crisis' :: (ChinaPost.com.tw) - Rising sovereign debt levels in advanced economies are spawning a crisis that threatens to topple the dollar and other reserve currencies, a Chinese credit ratings agency warned Monday.

http://www.chinapost.com.tw/business/asia-china/2013/02/26/371406/China-ratings.htm

Margin squeeze puts squeeze on Singapore Inc. :: (ChinaPost.com.tw) - The most widespread margin squeeze in at least a decade is pushing some Singapore companies out of the city-state as rising costs and slow growth sap profitability.

http://www.chinapost.com.tw/business/asia/singapore/2013/02/26/371407/Margin-squeeze.htm

Oil price falls on economic and political jitters :: (ChinaPost.com.tw) - Global economic jitters and the prospect Italy will reignite Europe's debt crisis dragged oil down to near US$92 a barrel Tuesday.
http://www.chinapost.com.tw/business/global-markets/2013/02/27/371441/Oil-price.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

China Passenger Car Sales Surge in January :: The timing of Spring Festival must always be taken into account when analyzing vehicle sales in the first two months of the year in China, but by any measure, passenger car sales were very strong in January. In the first month of the Year of the Snake, passenger car sales surged to 1.49 million units, [...]
http://managingthedragon.com/?p 65

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