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
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
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
Economy expected to grow 3 percent next year: Perng :: (ChinaPost.com.tw) - Taiwan's economy is expected to grow 3 percent in 2013, after growth of merely 1 percent this year, said Perng Fai-nan, governor of the Central Bank of the Republic of China (Taiwan), yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/13/364010/Economy-expected.htm
TTRI, BandQ team up to green up through retail 'fabric garden' :: (ChinaPost.com.tw) - The Taiwan Textile Research Institute (TTRI) recently teamed up with home improvement chain BandQ to retail the former's "fabric garden," which has won an iF design award in Germany.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/13/364012/TTRI-BandQ.htm
Taiwan's GDP forecast to rise 3.6 percent in 2013: CIER :: (ChinaPost.com.tw) - The Chung-Hua Institution for Economic Research (CIER), one of Taiwan's leading think tanks, forecast yesterday that Taiwan's domestic gross product (GDP) will grow 3.6 percent in 2013.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/13/364013/Taiwans-GDP.htm
Local bourse boosted on Fed action hopes; financials lead upside :: (ChinaPost.com.tw) - Shares on the Taiwan Stock Exchange were lifted yesterday by expectations that the U.S. Federal Reserve will step up stimulus measures to boost the economy, dealers said.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/13/364014/Local-bourse.htm
MediaTek unveils quad-core phone platform :: (ChinaPost.com.tw) - MediaTek, a major integrated circuit (IC) designer, yesterday unveiled a quad-core smartphone platform that it said will be adopted by several models by the first quarter of next year.
http://www.chinapost.com.tw/business/global-markets/2012/12/13/364015/MediaTek-unveils.htm
Home prices in downtown Taipei to drop in '13: CCIM :: (ChinaPost.com.tw) - Home prices in downtown Taipei are expected to fall next year, due to stringent control measures launched by the government, said the Taiwan chapter of the Certified Commercial Investment Member Institute (CCIM) yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/13/364017/Home-prices.htm
Taiwan to experience slow recovery in 2013: Cathay Financial Holdings :: (ChinaPost.com.tw) - Taiwan's economy will experience a slow and soft recovery in 2013 as local confidence remains hindered by worries over the global economy, Cathay Financial Holding Co. forecast yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/13/364018/Taiwan-to.htm
US dollar sheds NT$0.014 to finish trade at NT$29.108 on Taipei forex :: (ChinaPost.com.tw) - The U.S. dollar fell against the New Taiwan dollar yesterday, shedding NT$0.014 to close at NT$29.108.
Turnover totaled US$691 million during the trading session.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/13/364019/US-dollar.htm
Fair Trade Commission OKs Taishin merger with New York Life Taiwan :: (ChinaPost.com.tw) - The Cabinet-level Fair Trade Commission approved yesterday a plan by Taishin Financial Holding Co., a major local private financial company, to acquire 100 percent of U.S. insurer New York Life's Taiwanese unit.
http://www.chinapost.com.tw/business/global-markets/2012/12/13/364020/Fair-Trade.htm
BHP Billiton sells Australia gas stake to PetroChina in US$1.6 billion deal :: (ChinaPost.com.tw) - BHP Billiton Ltd. said Wednesday it has agreed to sell its stake in a proposed Australian gas project to Chinese government-owned energy producer PetroChina for US$1.6 billion.
http://www.chinapost.com.tw/business/global-markets/2012/12/13/364021/BHP-Billiton.htm
Spain's Inditex/Zara reports surging 9-month profit amid online expansion :: (ChinaPost.com.tw) - The world's biggest clothing group, Spain's Inditex which controls the Zara brand, reported Wednesday a surge in profit in the first three quarters as it expanded globally and launched Internet sales in mainland China.
http://www.chinapost.com.tw/business/europe/2012/12/13/364022/Spains-Inditex-Zara.htm
China to have biggest economy by 2030: report :: (ChinaPost.com.tw) - China is likely to have the world's largest economy by 2030 — surpassing the United States, the U.S. National Intelligence Council said in a report released this week.
http://www.chinapost.com.tw/business/asia-china/2012/12/13/364023/China-to.htm
Chinese exports predicted to rise 8% next year :: (ChinaPost.com.tw) - China's exports are likely to grow 8 percent in 2013 from the previous year while imports could rise 7.8 percent, leading government think tank the State Information Center (SIC) said in a research report published on Wednesday.
http://www.chinapost.com.tw/business/asia-china/2012/12/13/364024/Chinese-exports.htm
India receives happy surprise as industrial output increases 8.2% :: (ChinaPost.com.tw) - India's industrial output grew by 8.2 percent on-year in October, the fastest in 16 months, official data showed on Wednesday in the first strong sign the worst may be over for the economy.
http://www.chinapost.com.tw/business/asia/india/2012/12/13/364025/India-receives.htm
Hong Kong warned of property price correction :: (ChinaPost.com.tw) - The International Monetary Fund on Wednesday warned that Hong Kong could see an abrupt fall in property prices after years of dramatic increases in one of the world's most expensive housing markets.
http://www.chinapost.com.tw/business/asia/hong-kong/2012/12/13/364027/Hong-Kong.htm
Stable outlook for Malaysian growth: IMF :: (ChinaPost.com.tw) - Malaysia's economic outlook should remain stable next year with the support of domestic consumption and investments, which will continue to be resilient, said an International Monetary Fund (IMF) representative.
http://www.chinapost.com.tw/business/asia/malaysia/2012/12/13/364029/Stable-outlook.htm
Philippines faces bright economic prospects :: (ChinaPost.com.tw) - The Philippines continued to generate positive economic forecasts from foreign institutions following a surprise third-quarter growth.
http://www.chinapost.com.tw/business/asia/philippines/2012/12/13/364031/Philippines-faces.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
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
Taiwan hirings forecast to drop by 7% in first quarter :: (ChinaPost.com.tw) - The number of employers planning to hire during the first quarter of next year will be reduced by 7 percent compared to the current quarter, a poll conducted by the Manpower Group stated yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/12/363872/Taiwan-hirings.htm
Wealthy Asian nations lead in education: studies :: (ChinaPost.com.tw) - Relatively wealthy Asian nations including South Korea and Singapore, as well as Hong Kong, led a ranking of international student achievement, a result that researchers said reflected a strong societal commitment to primary education.
http://www.chinapost.com.tw/business/americas/2012/12/12/363873/Wealthy-Asian.htm
Local bourse little changed ahead of US Fed meeting :: (ChinaPost.com.tw) - Shares on the Taiwan Stock Exchange saw little change yesterday as investors remained cautious ahead of the United States Federal Reserve's two-day policymaking meeting, dealers said.
http://www.chinapost.com.tw/business/americas/2012/12/12/363875/Local-bourse.htm
Local brand Vizio sitting pretty after taking lead in North America's 60-inch TV market :: (ChinaPost.com.tw) - The head of Taiwan electronics brand Vizio yesterday expressed satisfaction that the company is now the leader in the market for 60-inch TVs in North America.
http://www.chinapost.com.tw/business/americas/2012/12/12/363876/Local-brand.htm
Dozens of new apps in store for users of Xbox Live as usage keeps growing :: (ChinaPost.com.tw) - Microsoft is rolling out dozens of new apps for the --box 360, building on statistics that show members of its paid online subscription service spend more time on it watching video than they do playing multiplayer games over the Internet.
http://www.chinapost.com.tw/business/global-markets/2012/12/12/363878/Dozens-of.htm
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