Will The Chinese Buy A Tesla? :: Will the Chinese buy A Tesla? The management of Tesla Motors, Inc. (NasdaqGS:TSLA) certainly hopes so. At the Detroit Auto Show, Tesla announced its plans to open a dealership in Beijing — its first store in China — this spring. George Blankenship, the company’s vice president of worldwide sales, said the store will house an [...]
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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 [...]
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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 [...]
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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 [...]
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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, [...]
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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 [...]
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Hope Springs Eternal: Electric Vehicles in China :: Hope springs eternal — and nowhere is it gushing more strongly than with electric vehicle enthusiasts all over the world. In the United States, investors in Tesla Motors, Inc. (NasdaqGS:TSLA), the U.S. maker of electric sports cars, seem to be shrugging off the fact that the company is losing a $100 million a quarter, the [...]
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China's Film Industry :: Anticipation grew in advance of Monday's 85th Academy Awards, "Oscar Fever" spread throughout the world, including China. Even though the country had no films in the competition, the buzz could be heard before, during and after the annual Hollywood event. Just 30 minutes into the ceremonies, "Oscars" was the top trending topic on Sina Weibo, [...]
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Government mulls relaxing restrictions on white-collar employees from China :: (ChinaPost.com.tw) - Taiwan has drafted a regulation amendment that will eventually allow Chinese white-collar managers and workers at Taiwanese multinational enterprises to work in the country, according to a report released Wednesday by the Ministry of the Interior.
http://www.chinapost.com.tw/business/asia-taiwan/2013/03/28/374446/Government-mulls.htm
Consumer confidence index keeps momentum :: (ChinaPost.com.tw) - Consumer confidence in Taiwan rose in March for the third consecutive month after four straight declines, reflecting growing optimism over a rebounding economy.
http://www.chinapost.com.tw/business/asia-taiwan/2013/03/28/374447/Consumer-confidence.htm
US mobile provider to sell HTC One for US$99.99 :: (ChinaPost.com.tw) - T-Mobile USA, the fourth-largest mobile provider in the United States, will offer HTC Corp.'s newest flagship phone for as little as US$99.99 in the carrier's latest step to stem customer losses, T-Mobile said in a press release Monday.
http://www.chinapost.com.tw/business/global-markets/2013/03/28/374448/US-mobile.htm
Ministry denies regulations caused failure in Hon Hai-Sharp deal :: (ChinaPost.com.tw) - The Ministry of Economic Affairs denied yesterday that Taiwanese regulatory hurdles were the cause of the passing a day earlier of a deadline for Taiwan's Hon Hai Precision Industry Co. to buy a stake in Japan's Sharp Corp.
http://www.chinapost.com.tw/business/global-markets/2013/03/28/374449/Ministry-denies.htm
Hua Nan 1st Taiwan bank to offer 'full' RMB services in China :: (ChinaPost.com.tw) - Hua Nan Commercial Bank Ltd. was granted approval from China Banking Regulatory Commission (CBRC) yesterday to become the first domestic bank to provide comprehensive RMB banking services in China.
http://www.chinapost.com.tw/business/global-markets/2013/03/28/374450/Hua-Nan.htm
Central bank mulls additional housing measures :: (ChinaPost.com.tw) - The central bank board of directors yesterday announced that it may enact additional measures to suppress rising housing prices.
http://www.chinapost.com.tw/business/global-markets/2013/03/28/374451/Central-bank.htm
Shares close higher on financial, electronics gains :: (ChinaPost.com.tw) - Share prices in Taiwan finished slightly higher Wednesday on gains by financial and electronics stocks, despite limited trading volume.
http://www.chinapost.com.tw/business/asia-taiwan/2013/03/28/374452/Shares-close.htm
Allpay third-party payment service kicks off :: (ChinaPost.com.tw) - Allpay Financial Information Services Co., Ltd. (AllPay), a subsidiary of a local gaming firm, launched its third-party payment system yesterday.
http://www.chinapost.com.tw/business/global-markets/2013/03/28/374453/Allpay-third-party.htm
BRICS scale back plans to challenge West's rule :: (ChinaPost.com.tw) - Leaders from the BRICS group of emerging powers on Wednesday were to unveil a scaled-back plan to challenge Western supremacy at global institutions like the World Bank.
http://www.chinapost.com.tw/business/asia/asian-market/2013/03/28/374454/BRICS-scale.htm
Sharp shares fall on confusion over Hon Hai deal :: (ChinaPost.com.tw) - Sharp shares tumbled Wednesday after the Japanese electronics giant and Taiwan's Hon Hai Precision appeared to offer contradictory views on the state of an expected investment deal.
http://www.chinapost.com.tw/business/global-markets/2013/03/28/374456/Sharp-shares.htm
China tightens link to int'l oil market :: (ChinaPost.com.tw) - China will start a more flexible system for pricing domestic fuel from Wednesday, the first major revamp for four years, to help avoid shortages and tame consumption.
http://www.chinapost.com.tw/business/asia-china/2013/03/28/374457/China-tightens.htm
Chill in car sales spreads from euro crisis-hit south to Northern Europe :: (ChinaPost.com.tw) - Snow is piled high on the cars in a deserted dealership in Berlin, and it is not just the stubborn wintry weather that is gnawing at salesman Mustafa Kosak, shivering at his desk in a portable office.
http://www.chinapost.com.tw/business/europe/2013/03/28/374458/Chill-in.htm
Discounts abound as India's car market tanks :: (ChinaPost.com.tw) - Indian car buyers are being bombarded with "buy now, pay later" offers after once-booming sales skidded to a 12-year low, highlighting the struggle to stimulate consumer demand in a sagging economy.
http://www.chinapost.com.tw/business/asia/india/2013/03/28/374459/Discounts-abound.htm
Fitch ups Philippine credit rating to investment grade :: (ChinaPost.com.tw) - Fitch Ratings said Wednesday that it had promoted the Philippines credit rating to investment grade, citing the nation's resilient economy and improved fiscal management.
http://www.chinapost.com.tw/business/asia/philippines/2013/03/28/374460/Fitch-ups.htm
Int'l Monetary Fund cautions that recession keeps Italy's banks at risk :: (ChinaPost.com.tw) - Italy's financial system has shown impressive strength but the ongoing recession remains a major threat to its banks, the International Monetary Fund said Tuesday.
http://www.chinapost.com.tw/business/europe/2013/03/28/374462/Intl-Monetary.htm
Vietnam economic growth slows in January-March, outlook 'challenging' :: (ChinaPost.com.tw) - Vietnam's economic growth slowed in the first quarter of the year, the authorities said Wednesday, warning of an "extremely challenging" outlook for the communist country.
http://www.chinapost.com.tw/business/asia/vietnam/2013/03/28/374464/Vietnam-economic.htm
Fuel costs partially to blame as 3 big China airlines' profits take sharp dive :: (ChinaPost.com.tw) - China's three major state-owned airlines have posted big drops in annual profit because of the weak global economy, higher jet fuel prices and smaller foreign currency gains.
http://www.chinapost.com.tw/business/global-markets/2013/03/28/374465/Fuel-costs.htm
GM lets 598 workers go at Brazilian auto plant as part of deal with union :: (ChinaPost.com.tw) - U.S. automaker General Motors said it dismissed 598 workers at a struggling assembly line at its Brazilian unit Tuesday in-line with an agreement reached with the union last January.
http://www.chinapost.com.tw/business/global-markets/2013/03/28/374466/GM-lets.htm
Japan's Dentsu completes takeover of UK media group for US$4.8 bil. :: (ChinaPost.com.tw) - Japanese advertising giant Dentsu said Wednesday it has completed a 3.16-billion-pound (US$4.8 billion) takeover of British media group Aegis after regulators approved the deal.
http://www.chinapost.com.tw/business/global-markets/2013/03/28/374468/Japans-Dentsu.htm
China knife attacker kills 2 then injures 11: reports :: (ChinaPost.com.tw) - A knife-wielding attacker killed two relatives and then slashed 11 people, including six children, outside a school in China's commercial hub of Shanghai, state media said Thursday.
http://www.chinapost.com.tw/business/asia-china/2013/03/29/374493/China-knife.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 [...]
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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, [...]
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