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
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, [...]
http://managingthedragon.com/?p 57
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 [...]
http://managingthedragon.com/?p 46
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
Weakening yen, won pose dilemma for Perng: experts :: (ChinaPost.com.tw) - The question of how Taiwan can win out amid Japan and South Korea's currency depreciation measures will test central bank chief Perng Fai-nan, experts said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/24/368394/Weakening-yen.htm
Nanya Tech, Inotera Q4 losses narrow :: (ChinaPost.com.tw) - Nanya Technology and Inotera, Taiwan's two leading memory chip manufacturers, yesterday reported narrowing fourth-quarter losses due to a rise in prices during the period.
http://www.chinapost.com.tw/business/global-markets/2013/01/24/368395/Nanya-Tech.htm
Shanghai Commercial and Savings Bank opens branch in New Taipei :: (ChinaPost.com.tw) - In order to expand the scope of service and increase market shares, the Shanghai Commercial and Savings Bank continues to establish service locations both at home and abroad.
http://www.chinapost.com.tw/business/global-markets/2013/01/24/368396/Shanghai-Commercial.htm
UBS cuts Acer's target price over write-down :: (ChinaPost.com.tw) - Swiss brokerage UBS Securities cut its target price on shares of Taiwanese computer vendor Acer Inc. late Tuesday after the company announced it would take a NT$3.5 billion write-down on the value of its trademark rights.
http://www.chinapost.com.tw/business/global-markets/2013/01/24/368397/UBS-cuts.htm
Professor pushes donation-based retirement :: (ChinaPost.com.tw) - The government should promote the concept of donation-based retirement, in which elderly may donate their residence to social welfare organizations in return for post-retirement care until death, a professor said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/24/368398/Professor-pushes.htm
Taiwan RandD hub marks 3M's first green center in Asia-Pacific :: (ChinaPost.com.tw) - 3M earlier this week opened its Taiwan RandD Center in Yangmei, Taoyuan County, the first green RandD center constructed by 3M in the Asia-Pacific region.
http://www.chinapost.com.tw/business/global-markets/2013/01/24/368400/Taiwan-RandD.htm
Industrial output rises for sixth month in a row to reach 128.57 in December :: (ChinaPost.com.tw) - Taiwan's December industrial output index was 128.57 — a rise of 2.39 percent year-on-year.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/24/368401/Industrial-output.htm
Sogo Team Co. chief gives upbeat view for future of orchid industry :: (ChinaPost.com.tw) - Feng Chiang-kuei, president of orchid firm Sogo Team Co., yesterday gave an upbeat outlook for Taiwan's orchid industry.
He made the remarks after Singapore Flower, a wholesale/retail firm based in Bahrain, procured large quantities of orchids from Sogo Team last year.
http://www.chinapost.com.tw/business/global-markets/2013/01/24/368402/Sogo-Team.htm
Wi-Fi Alliance head visiting this week to preside at opening of Taipei office :: (ChinaPost.com.tw) - The Wi-Fi Alliance, a global nonprofit industry association, will formally open a branch office in Taipei today to provide market and technical support to alliance member companies.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/24/368403/Wi-Fi-Alliance.htm
Yahoo confirms purchase of social scrapbooking website startup Snip.it :: (ChinaPost.com.tw) - Yahoo confirmed Tuesday that it bought Snip.it, a young San Francisco startup that lets people create scrapbooks with pictures, articles, videos and other content found online.
http://www.chinapost.com.tw/business/global-markets/2013/01/24/368405/Yahoo-confirms.htm
Microsoft Surface Pro to hit shelves across the US in February for US$899 :: (ChinaPost.com.tw) - Microsoft announced Tuesday that its business-oriented Surface Windows 8 Pro tablet computer will debut in the United States and Canada in February with a lofty starting price of US$899.
http://www.chinapost.com.tw/business/global-markets/2013/01/24/368406/Microsoft-Surface.htm
Taiwan bourse edges down by 0.19% :: (ChinaPost.com.tw) - Taiwan share prices closed down 14.92 points, or 0.19 percent, at 7,744.18 yesterday on turnover of NT$62.68 billion.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/24/368407/Taiwan-bourse.htm
Middle-class Chinese snap up overseas luxury :: (ChinaPost.com.tw) - An increasing number of middle-class Chinese are buying luxury goods outside the Chinese mainland, with more overseas travel driving the trend, a KPMG report said yesterday.
http://www.chinapost.com.tw/business/asia-china/2013/01/24/368408/Middle-class-Chinese.htm
China shuts down coal plant: reports :: (ChinaPost.com.tw) - Chinese authorities have halted production at a huge US$2.7 billion coal-to-chemicals plant for breaching environmental regulations, media said Wednesday as pollution levels rose again in Beijing.
http://www.chinapost.com.tw/business/asia-china/2013/01/24/368409/China-shuts.htm
Wal-Mart refuses to pay Bangladesh firm :: (ChinaPost.com.tw) - U.S. retail giant Wal-Mart is refusing to pay a Bangladeshi garment firm for its shipment — after learning of its connections with Tazreen Fashions, where a devastating fire killed at least 112 workers in last November.
http://www.chinapost.com.tw/business/global-markets/2013/01/24/368410/Wal-Mart-refuses.htm
Wal-Mart warns suppliers on stricter policy :: (ChinaPost.com.tw) - Wal-Mart Stores Inc. has alerted its global suppliers that it will immediately drop them if they subcontract their work to factories that haven't been authorized by the discounter.
http://www.chinapost.com.tw/business/global-markets/2013/01/24/368411/Wal-Mart-warns.htm
Australian inflation subdued in past quarter :: (ChinaPost.com.tw) - Australian inflation came in lower than expected Wednesday, climbing a seasonally adjusted 0.5 percent in the December quarter and raising speculation about an interest rate cut.
http://www.chinapost.com.tw/business/asia/australia/2013/01/24/368412/Australian-inflation.htm
Inequality gap continues to widen: Indonesia president :: (ChinaPost.com.tw) - Indonesia's remarkable economic growth has failed to translate into the eradication of poverty and the closing of the gap between the haves and the have nots, President Susilo Bambang Yudhoyono said yesterday.
http://www.chinapost.com.tw/business/asia/indonesia/2013/01/24/368413/Inequality-gap.htm
BHP reports iron ore up for half-year, petroleum on track :: (ChinaPost.com.tw) - Mining giant BHP Billiton Wednesday reported that iron ore production in resource-rich Western Australia saw another record in the six months to December, while petroleum output was on track.
http://www.chinapost.com.tw/business/global-markets/2013/01/24/368414/BHP-reports.htm
Novartis reports slight increase of 4 percent for 2012 net profit :: (ChinaPost.com.tw) - Swiss pharmaceutical group Novartis reported on Wednesday a full-year net profit of US$9.6 billion (7.2 billion euros), up 4 percent from the 2011 level, but posted slightly lower sales amid stronger competition from generic drugs.
http://www.chinapost.com.tw/business/europe/2013/01/24/368415/Novartis-reports.htm
Unions claim Renault threatening to shut down two sites in France :: (ChinaPost.com.tw) - Managers of French automaker Renault threatened on Tuesday to close two sites in France unless trade unions agreed to measures aimed at raising the group's competitive performance, union officials said.
http://www.chinapost.com.tw/business/global-markets/2013/01/24/368416/Unions-claim.htm
Peugeot unveils gas hybrid vehicle using compressed air technology :: (ChinaPost.com.tw) - French carmaker PSA Peugeot Citroen unveiled Tuesday a petrol hybrid engine that stores energy using compressed air which it hopes will be a game-changing technology to improve energy efficiency.
http://www.chinapost.com.tw/business/global-markets/2013/01/24/368417/Peugeot-unveils.htm
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