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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'Italian job' faces Europe's central bank at policy meeting: analysts :: (ChinaPost.com.tw) - Concerns that political gridlock in Italy could reignite the sovereign debt crisis and choke off tentative green shoots of recovery look set to dominate a European Central Bank meeting this week, analysts say.
http://www.chinapost.com.tw/business/asia/india/2013/03/04/372006/Italian-job.htm
Japan, EU to launch free trade talks: report :: (ChinaPost.com.tw) - Japan and the European Union are to hold a summit this month to formally launch negotiations on a huge free trade deal, a report said Sunday.
http://www.chinapost.com.tw/business/asia/japan/2013/03/04/372007/Japan-EU.htm
Geneva motor show revs up under cloud of crisis :: (ChinaPost.com.tw) - Plunging prices and overcapacity will again this year cast a shadow over the Geneva International Motor Show, which kicks off this week, but plenty of luxury racing dreams should still be prominently on display.
http://www.chinapost.com.tw/business/europe/2013/03/04/372009/Geneva-motor.htm
Evernote note-sharing service says hackers stole some user information :: (ChinaPost.com.tw) - Evernote, a Web-based note-sharing service, said it was resetting the passwords of its 50 million users because hackers managed to breach its computer network and access some usernames, email addresses and encrypted passwords.
http://www.chinapost.com.tw/business/global-markets/2013/03/04/372010/Evernote-note-sharing.htm
Philippines' elite swallows country's new wealth :: (ChinaPost.com.tw) - Optimism is soaring that the Philippines is finally becoming an Asian tiger economy, but critics caution that a tiny elite which has long dominated is amassing most of the new wealth while the poor are missing out.
http://www.chinapost.com.tw/business/asia/philippines/2013/03/04/372011/Philippines-elite.htm
Struggling Gulf Air announces job cuts as unions reject revamp :: (ChinaPost.com.tw) - Bahrain's loss-making flag carrier Gulf Air, struggling against competition from other regional carriers, has embarked on a sweeping restructuring plan that has annoyed unions over heavy job cuts.
http://www.chinapost.com.tw/business/global-markets/2013/03/04/372012/Struggling-Gulf.htm
Colombia hikes coffee subsidies, urges strike end :: (ChinaPost.com.tw) - Colombia's government raised a subsidy to coffee farmers on Saturday and called for them to end a strike, but farm leaders said they will continue protesting and blocking roads because they want buyers to pay a minimum price for beans.
http://www.chinapost.com.tw/business/americas/2013/03/04/372013/Colombia-hikes.htm
Mexico party opens door to tax, energy changes :: (ChinaPost.com.tw) - Mexico's ruling Institutional Revolutionary Party (PRI) paved the way on Saturday for possible tax hikes and an overhaul of state oil giant Pemex as it seeks to spur growth in Latin America's second-biggest economy.
http://www.chinapost.com.tw/business/americas/2013/03/04/372014/Mexico-party.htm
China bad loans rise for 5th quarter :: (ChinaPost.com.tw) - Banks have reported a fifth consecutive quarterly rise in the value of their bad loans, the China Banking Regulatory Commission said on Friday.
http://www.chinapost.com.tw/business/global-markets/2013/03/04/372015/China-bad.htm
Las Vegas Sands says it probably violated anti-bribery law :: (ChinaPost.com.tw) - Las Vegas Sands Corp. says in a regulatory filing that it probably violated a federal law that prohibits bribing foreign officials.
http://www.chinapost.com.tw/business/global-markets/2013/03/04/372016/Las-Vegas.htm
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 [...]
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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 [...]
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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 [...]
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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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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 [...]
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China's Film Industry :: Anticipation grew in advance of Monday's 85th Academy Awards, "Oscar Fever" spread throughout the world, including China. Even though the country had no films in the competition, the buzz could be heard before, during and after the annual Hollywood event. Just 30 minutes into the ceremonies, "Oscars" was the top trending topic on Sina Weibo, [...]
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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 [...]
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China Passenger Car Sales Surge in January :: The timing of Spring Festival must always be taken into account when analyzing vehicle sales in the first two months of the year in China, but by any measure, passenger car sales were very strong in January. In the first month of the Year of the Snake, passenger car sales surged to 1.49 million units, [...]
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