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
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
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
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
Get Ready For More China Overseas Investment :: All signs point to the fact that Chinese companies are gearing up to make more overseas direct investments (ODI) in coming years. Moreover, there are indications that they are likely to find more welcoming arms than they have in the past — at least in some circles. First, there’s the anecdotal evidence. Just in the [...]
http://managingthedragon.com/?p56
Hacker worm burrows into Tumblr blogs, defaces pages with expletives :: (ChinaPost.com.tw) - A software worm evidently unleashed by hackers burrowed through Tumblr on Monday, defacing pages at the popular blogging platform with a vitriolic, expletive-laden message.
http://www.chinapost.com.tw/business/company-focus/2012/12/05/363030/Hacker-worm.htm
Making Sense Of China's Numbers :: With most of the world's major economies still sputtering, there isn't a day that goes by that economic and business commentators don't bring up China, and the fact that the biggest, fastest-growing economy in the world is slowing, and dampening the growth prospects for the global economy in the process. If that's not bad enough, [...]
http://managingthedragon.com/?p66
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
Bourse ends over 7,600 points on bargain hunting :: (ChinaPost.com.tw) - Shares on the Taiwan Stock Exchange closed above 7,600 points Tuesday as bargain hunters turned active to push the index back into positive territory at the end of the session, dealers said.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/05/363111/Bourse-ends.htm
Fubon Financial expert upbeat over prospects for global economy in '13 :: (ChinaPost.com.tw) - The global economy will perform better next year than it did this year, said an expert with Fubon Financial Holding yesterday.
The expert, Luo Wei, made the remarks during a forum held by the financial firm in Taipei yesterday.
http://www.chinapost.com.tw/business/global-markets/2012/12/05/363112/Fubon-Financial.htm
UK luxury home tax may be backfiring :: (ChinaPost.com.tw) - LONDON --The British government could lose 203 million pounds (US$325 million) in revenue from home sales as a plan to raise 150 million in taxes from wealthy house buyers backfires, data shows.
http://www.chinapost.com.tw/business/europe/2012/12/05/363113/UK-luxury.htm
Hon Hai's 60-inch TVs to sell 10,000 by the end of the year: report :: (ChinaPost.com.tw) - Sales of Hon Hai's 60-inch LCD TV may surpass 10,000 by the end of the year, earlier than the firm had expected and indicating the popularity of the TVs, the Central News Agency reported yesterday, citing unnamed sources inside the company.
http://www.chinapost.com.tw/business/global-markets/2012/12/05/363114/Hon-Hais.htm
Apple's iPhone 5 to hit store shelves in Taiwan on Dec. 14 :: (ChinaPost.com.tw) - The iPhone 5, the latest version of Apple Inc.'s iconic smartphone, will be available in Taiwan Dec. 14, the U.S. tech giant announced Monday.
http://www.chinapost.com.tw/business/global-markets/2012/12/05/363116/Apples-iPhone.htm
Economic Ministry looks to tapJapanese optoelectronic market :: (ChinaPost.com.tw) - The Ministry of Economic Affairs led a delegation of Taiwanese optoelectronics makers to Japan yesterday with the aim of forming partnerships with major local trading companies and tapping the market there.
http://www.chinapost.com.tw/business/asia/japan/2012/12/05/363117/Economic-Ministry.htm
Intel, ITRI reveal research into super-fast memory technology :: (ChinaPost.com.tw) - Intel Labs, the primary research arm of U.S. chip-maker Intel Corp., announced yesterday an experimental memory array jointly developed with Taiwan's Industrial Technology Research Institute (ITRI), which will enable low energy and higher performance.
http://www.chinapost.com.tw/business/global-markets/2012/12/05/363118/Intel-ITRI.htm
'Big gun' helps Olam to deflect new salvo from Muddy Waters :: (ChinaPost.com.tw) - Farm commodities supplier Olam on Tuesday parried the latest salvo by U.S.-based short seller Muddy Waters after bringing out its "big gun" Temasek Holdings to support a US$1.25 billion bond and warrant sale.
http://www.chinapost.com.tw/business/asia/singapore/2012/12/05/363119/Big-gun.htm
Drugmaking giant Pfizer begins laying off US sales representatives :: (ChinaPost.com.tw) - Drugmaker Pfizer Inc. is starting another round of layoffs, targeting U.S. sales representatives who promote Pfizer primary care medicines to doctors.
http://www.chinapost.com.tw/business/americas/2012/12/05/363121/Drugmaking-giant.htm
Int'l Airlines announces plans to ax 400 jobs from British Airways :: (ChinaPost.com.tw) - International Airlines Group (IAG) Tuesday announced plans to cut 400 cabin crew jobs at its British Airways (BA) division.
"We are offering voluntary redundancy to some members of our senior cabin crew to help address an imbalance in our crew numbers," an IAG spokesman said, adding that 400 jobs would be affected.
http://www.chinapost.com.tw/business/americas/2012/12/05/363122/Intl-Airlines.htm
Package holiday revival bolsters British powerhouse TUI Travel :: (ChinaPost.com.tw) - TUI Travel, the world's biggest tour operator, reported higher profits and bookings, saying cash-strapped Europeans were increasingly turning to fixed-price holidays to escape the economic gloom.
http://www.chinapost.com.tw/business/europe/2012/12/05/363123/Package-holiday.htm
US dollar sheds NT$0.005 to end trade at NT$29.116 on local forex :: (ChinaPost.com.tw) - The U.S. dollar fell against the New Taiwan dollar yesterday, losing NT$0.005 to close at NT$29.116.
Turnover totaled US$678 million during the trading session.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/05/363124/US-dollar.htm
Australia's central bank cuts interest rate to 3% :: (ChinaPost.com.tw) - Australia's central bank on Tuesday cut the official interest rate to a record low of 3 percent, a level not seen since the financial crisis as China's slowdown squeezes the mining industry.
http://www.chinapost.com.tw/business/asia/australia/2012/12/05/363125/Australias-central.htm
Qantas axes in-flight Internetforay due to lack of interest :: (ChinaPost.com.tw) - Australian airline Qantas's trial of in-flight Internet access has been shelved due to a lack of interest from passengers who prefer to sleep or enjoy a rare break from the online world while flying.
http://www.chinapost.com.tw/business/asia/australia/2012/12/05/363126/Qantas-axes.htm
Indonesia may miss 8-million target for foreign tourists: industry group :: (ChinaPost.com.tw) - Despite the government's optimism that it would be able to attract 8 million tourists to the country by the end of 2012, a tourism industry group has said that Indonesia may not reach that target as travel agents were seeing a decrease in demand from European travelers during the year-end holiday.
http://www.chinapost.com.tw/business/asia/indonesia/2012/12/05/363127/Indonesia-may.htm
China takes anti-corruption drive to Macau's casinos :: (ChinaPost.com.tw) - Chinese authorities are pressing Macau to step up scrutiny of money transfers as part of a broader move to combat corruption and promote responsible gaming in the casino halls of the world's largest gambling hub.
http://www.chinapost.com.tw/business/asia-china/2012/12/05/363128/China-takes.htm
Agencies forecast better GDP growth in India :: (ChinaPost.com.tw) - Investment bank Morgan Stanley and global rating agency Fitch yesterday predicted moderate improvement in India's GDP growth in the second half of the current financial year after taking into consideration the latest numbers released last week for the quarter ended Sept. 30.
http://www.chinapost.com.tw/business/asia/india/2012/12/05/363129/Agencies-forecast.htm
Tough new anti-dumping measures in Australia to counter discount influx :: (ChinaPost.com.tw) - Australia Tuesday announced tough new anti-dumping measures to counter an influx of cheap products that are hurting its struggling manufacturing industry and costing jobs.
http://www.chinapost.com.tw/business/asia/australia/2012/12/05/363131/Tough-new.htm
Top Japan travel agency plans to form Thailand-based charter airline service :: (ChinaPost.com.tw) - One of Japan's biggest travel agencies said Tuesday it would set up a charter airline based in the Thai capital Bangkok as demand for air travel in Asia soars.
http://www.chinapost.com.tw/business/asia/japan/2012/12/05/363133/Top-Japan.htm
US chip-maker Qualcomm to buy 5 percent of Japan's Sharp: reports :: (ChinaPost.com.tw) - U.S. chip-maker Qualcomm will take a 5-percent stake in Sharp, reports said on Tuesday, as the cash-strapped Japanese electronics giant looks for a capital injection to repair its balance sheet.
http://www.chinapost.com.tw/business/americas/2012/12/05/363134/US-chip-maker.htm
Australia's ADM raises GrainCorp takeover offer to near US$3 billion :: (ChinaPost.com.tw) - Australian agribusiness GrainCorp said Tuesday suitor Archer Daniels Midland (ADM) had bumped up its takeover offer to AU$2.8 billion (US$2.9 billion), a 3.8-percent increase on its earlier rejected bid.
http://www.chinapost.com.tw/business/asia/australia/2012/12/05/363135/Australias-ADM.htm
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