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
McAfee says he plans to seek asylum in Guatemala :: (ChinaPost.com.tw) - Software company founder John McAfee has surfaced in public for the first time in weeks, saying Tuesday that he plans to ask for asylum in Guatemala because he fears persecution in Belize.
http://www.chinapost.com.tw/business/global-markets/2012/12/06/363239/McAfee-says.htm
Bourse ends up 10 days in a row :: (ChinaPost.com.tw) - Taiwan stocks closed for the 10th session in a row yesterday after recouping earlier losses as investors took cues from a strong rebound posted by the Shanghai and Shenzhen markets in China, dealers said.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/06/363249/Bourse-ends.htm
Preordering for iPhone 5 begins ahead of Dec. 14 launch; site crashes reported :: (ChinaPost.com.tw) - Preorders for the iPhone 5, which is scheduled to hit the island on Dec. 14, have begun, with telecom operators reporting site crashes due to strong enthusiasm from the public.
http://www.chinapost.com.tw/business/global-markets/2012/12/06/363250/Preordering-for.htm
Yulon Group chief calls for economic confidence next year, cites rising stocks :: (ChinaPost.com.tw) - Kenneth Yen, chairman of the Yulon Group, recently called on the public to be confident of the economy next year, citing recent stock increases.
http://www.chinapost.com.tw/business/global-markets/2012/12/06/363251/Yulon-Group.htm
CLSA cautions HTC over its optimistic corporate strategy :: (ChinaPost.com.tw) - Taiwan's HTC Corp. needs to improve its corporate strategy despite market expectations that its new flagship smartphone will boost sales in the coming quarter, Hong Kong-based brokerage CLSA Asia-Pacific Markets said Tuesday.
http://www.chinapost.com.tw/business/global-markets/2012/12/06/363252/CLSA-cautions.htm
US dollar sheds NT$0.014 to close at NT$29.102 in Taipei :: (ChinaPost.com.tw) - The U.S. dollar fell against the New Taiwan dollar yesterday, shedding NT$0.014 to close at NT$29.102.
Turnover totaled US$780 million during the trading session.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/06/363253/US-dollar.htm
DBS offers preferential rates on Chinese yuan-based savings :: (ChinaPost.com.tw) - DBS Bank yesterday announced a savings plan offering interest rate of 3.5 percent on three-month time deposits denominated in the renminbi for small and medium enterprises.
http://www.chinapost.com.tw/business/global-markets/2012/12/06/363254/DBS-offers.htm
15 hotels in Taiwan awarded for excellent service by Agoda :: (ChinaPost.com.tw) - Fifteen hotels in Taipei, Taichung and Kaohsiung have been given Gold Circle Awards, which recognize hotels that lead by example in the competitive hospitality industry, an online hotel service said yesterday.
http://www.chinapost.com.tw/business/global-markets/2012/12/06/363256/15-hotels.htm
China Southern to purchase 10 A330-300s for US$1.88 billion :: (ChinaPost.com.tw) - China Southern Airlines, the country's largest airline by fleet size, said Wednesday it will buy 10 Airbus A330-300 aircraft in a deal worth US$1.88 billion at list price to boost its capacity.
http://www.chinapost.com.tw/business/global-markets/2012/12/06/363257/China-Southern.htm
Federal Reserve to launch fresh bond buying to help economy :: (ChinaPost.com.tw) - The Federal Reserve is set to announce a fresh round of Treasury bond purchases when it meets next week, avoiding monetary policy tightening to maintain support for the weak U.S. economy amid uncertainty over the looming year-end fiscal cliff.
http://www.chinapost.com.tw/business/global-markets/2012/12/06/363258/Federal-Reserve.htm
Nokia Siemens axes services unit, placing 1,000 jobs at risk :: (ChinaPost.com.tw) - Nokia Siemens Networks, a joint venture between Finnish and German engineering giants Nokia and Siemens, said on Wednesday it plans to shut down its German networks services unit, putting 1,000 jobs at risk.
http://www.chinapost.com.tw/business/global-markets/2012/12/06/363259/Nokia-Siemens.htm
HSBC sells Ping An stake to Thai group for US$9.4 billion :: (ChinaPost.com.tw) - HBSC says it is selling its 15.6 percent stake in China's Ping An Insurance to a Thai conglomerate for about US$9.4 billion.
http://www.chinapost.com.tw/business/global-markets/2012/12/06/363260/HSBC-sells.htm
China economy could grow 8.2% in 2013: top think tank :: (ChinaPost.com.tw) - China's economic growth may quicken to 8.2 percent in 2013 from an expected 7.7 percent this year in response to official growth-promoting polices, but downside risk remains from global uncertainties, the Chinese Academy of Social Sciences (CASS) said on Wednesday.
http://www.chinapost.com.tw/business/asia-china/2012/12/06/363261/China-economy.htm
Samsung chair's son also takes up role as firm's heir apparent :: (ChinaPost.com.tw) - When Samsung Electronics Chairman Lee Kun-hee strode into a celebration last week to mark his quarter-century in charge, his only son Jay Y. Lee followed two steps behind in a sign of respect for elders typical of South Korea's Confucian culture.
http://www.chinapost.com.tw/business/global-markets/2012/12/06/363262/Samsung-chairs.htm
Asia-Pacific firms' salary budgets to grow in '13 :: (ChinaPost.com.tw) - With better macroeconomic outlooks and improved business sentiments, companies across the Asia-Pacific region expect salary budgets in 2013 to grow slightly faster than this year, according to the third-quarter Asia Pacific Salary Budget Planning Survey by global professional-services firm Towers Watson.
http://www.chinapost.com.tw/business/asia/malaysia/2012/12/06/363263/Asia-Pacific-firms.htm
US official tries to dispel China companies' trade barrier fears :: (ChinaPost.com.tw) - A top U.S. official Wednesday tried to ease fears among Chinese firms of barriers doing business in the U.S. after a Washington committee accused two companies of posing a security risk.
http://www.chinapost.com.tw/business/americas/2012/12/06/363265/US-official.htm
Tension runs high amid union claims of corruption by Hyundai execs :: (ChinaPost.com.tw) - Tension is escalating between labor and management at Hyundai Group after the union of Hyundai Securities, a financial unit of the conglomerate, made public alleged irregularities involving some executives last month.
http://www.chinapost.com.tw/business/global-markets/2012/12/06/363266/Tension-runs.htm
Hyundai, Kia set record Nov. sales in US :: (ChinaPost.com.tw) - Hyundai and Kia, which stumbled through a mileage overstatement scandal in late October, did not see any major consumer fallout in North America last month, posting record November sales in the U.S.
http://www.chinapost.com.tw/business/global-markets/2012/12/06/363267/Hyundai-Kia.htm
Data show modest growth for Australian economy in third quarter :: (ChinaPost.com.tw) - Australia's economic growth slowed in the third quarter due to falling prices for iron ore and coal as Chinese industrial demand cooled, according to government data released Wednesday.
http://www.chinapost.com.tw/business/asia/australia/2012/12/06/363268/Data-show.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
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
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
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