Wednesday, January 23, 2013

23-Jan-2013 19:43

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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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 [...]
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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 [...]
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, [...]
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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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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 [...]
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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

Weak yen puts pressure on TWD: experts :: (ChinaPost.com.tw) - The downward trend of the Japanese yen will heap pressure on the New Taiwan dollar and may force the central bank to curb the local unit's appreciation, experts said yesterday.

http://www.chinapost.com.tw/business/asia-taiwan/2013/01/22/368143/Weak-yen.htm

Intel move aimed at competitiveness: experts :: (ChinaPost.com.tw) - The move by Intel to raise its capital expenditure this year is seen as a way for the chip giant to boost its competitiveness against Taiwan Semiconductor Manufacturing Co. (TSMC) in the area of high-end chip production, said experts yesterday.

http://www.chinapost.com.tw/business/global-markets/2013/01/22/368144/Intel-move.htm

Acer keeps No. 2 Asia-Pacific spot: report :: (ChinaPost.com.tw) - Taiwanese computer maker Acer Inc. last year maintained its ranking as the second biggest PC vendor in the Asia-Pacific region in terms of market share, according to a U.S.-based research firm.

http://www.chinapost.com.tw/business/global-markets/2013/01/22/368146/Acer-keeps.htm

TAIEX to reach 8,000-point mark after CNY: analysts :: (ChinaPost.com.tw) - Institutional investors said yesterday that the local market is poised to hit the 8,000-point mark after Chinese New Year, citing rising demand in China and strong liquidity.

http://www.chinapost.com.tw/business/asia-taiwan/2013/01/22/368147/TAIEX-to.htm

Taipei ranked number nine for property investment potential :: (ChinaPost.com.tw) - Taipei City has been ranked No. 9 in terms of real estate investment potential, according to a poll released jointly by PricewaterhouseCoopers (PwC) and the Urban Land Institute yesterday.

http://www.chinapost.com.tw/business/asia-taiwan/2013/01/22/368148/Taipei-ranked.htm

Batmobile from TV show sells at auction for US$4.62 million: report :: (ChinaPost.com.tw) - The Batmobile, the futuristic car used in the "Batman" television show, has been sold at auction for US$4.62 million, U.S. media reported Monday.

http://www.chinapost.com.tw/business/americas/2013/01/22/368150/Batmobile-from.htm

Visiting official seeks to promote Panama investment opportunities :: (ChinaPost.com.tw) - A visiting official from Panama will introduce investment opportunities in the Central American country to Taiwanese businesses at a seminar in Taipei this week, the Ministry of Foreign Affairs said yesterday.

http://www.chinapost.com.tw/business/asia-taiwan/2013/01/22/368151/Visiting-official.htm

Coca-Cola employees in Germany stage strikes as wage row bubbles :: (ChinaPost.com.tw) - Thousands of Coca-Cola employees in Germany are staging short-term warning strikes this week in a dispute over wages.

http://www.chinapost.com.tw/business/global-markets/2013/01/22/368153/Coca-Cola-employees.htm

Chemical giant BASF claims success in bid to take over Norway's Pronova :: (ChinaPost.com.tw) - BASF, the world's biggest chemicals maker, announced on Monday the success of its takeover of Norwegian drugmaker Pronova BioPharma, with nearly 98 percent of shareholders accepting the group's cash offer.

http://www.chinapost.com.tw/business/global-markets/2013/01/22/368154/Chemical-giant.htm

British publisher Pearson forecasts good revenue growth in '12 report :: (ChinaPost.com.tw) - British publisher Pearson, owner of the Financial Times newspaper, said on Monday that it experienced "good" revenue growth and steady profits in 2012, ahead of next month's annual results statement.

http://www.chinapost.com.tw/business/europe/2013/01/22/368155/British-publisher.htm

Japan's central bank holds policy meeting amid calls for easing :: (ChinaPost.com.tw) - Japan's central bank convened a two-day policy meeting Monday that is widely expected to end with fresh measures to stimulate the economy.

http://www.chinapost.com.tw/business/global-markets/2013/01/22/368157/Japans-central.htm

Investigators look into Boeing 787 battery maker following emergency :: (ChinaPost.com.tw) - U.S. and Japanese aviation safety officials took their investigations into problems with Boeing Co.'s 787 Dreamliner to the headquarters of the plane's battery maker on Monday, seeking clues into why one of the technologically advanced aircraft made an emergency landing last week.

http://www.chinapost.com.tw/business/asia/japan/2013/01/22/368158/Investigators-look.htm

S. Korea team writes recipe for smallest Chevy :: (ChinaPost.com.tw) - General Motors, the typical cash cows of which include trucks and sport utility vehicles, is profiting recently from a long-ignored segment — the mini city car.

http://www.chinapost.com.tw/business/asia/korea/2013/01/22/368160/S-Korea.htm

ANA cancels 335 flights over Dreamliner glitch :: (ChinaPost.com.tw) - Japan's All Nippon Airways (ANA) said Monday the worldwide grounding of Boeing's Dreamliner forced it to cancel 335 flights up to next Sunday, affecting nearly 48,000 passengers.

http://www.chinapost.com.tw/business/global-markets/2013/01/22/368161/ANA-cancels.htm

Weak infrastructure holds back Indonesia economy :: (ChinaPost.com.tw) - Months behind schedule, the construction crew racing to finish a highway encircling Indonesia's traffic-choked capital is being blocked by a determined group of locals and the ramshackle cemetery that is home to their ancestors.

http://www.chinapost.com.tw/business/asia/indonesia/2013/01/22/368162/Weak-infrastructure.htm

An account for every family: Indian government urges banks to go rural :: (ChinaPost.com.tw) - Working out of a tiny rented room furnished with a wooden table, small biometric authentication machine and shelf stacked with passbooks, Ganesh Dangi is a one-man bank for a village of 650 people in northwestern India's desert state of Rajasthan.

http://www.chinapost.com.tw/business/asia/india/2013/01/22/368163/An-account.htm

Oversupply concerns play havoc on Asia oil prices :: (ChinaPost.com.tw) - Oil prices were mixed in Asian trade Tuesday on geopolitical concerns triggered by a bloody showdown between Islamists and Algerian forces, with weaker crude demand capping gains.

http://www.chinapost.com.tw/business/global-markets/2013/01/23/368198/Oversupply-concerns.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

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