Will The Chinese Buy A Tesla? :: Will the Chinese buy A Tesla? The management of Tesla Motors, Inc. (NasdaqGS:TSLA) certainly hopes so. At the Detroit Auto Show, Tesla announced its plans to open a dealership in Beijing — its first store in China — this spring. George Blankenship, the company’s vice president of worldwide sales, said the store will house an [...]
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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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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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Britain to unveil budget as nation risks new recession :: (ChinaPost.com.tw) - Britain's Finance Minister George Osborne unveils his latest tax and spending plans this week in an annual budget likely to stick firmly to the coalition government's austerity drive despite the country's economy coming close to another recession.
http://www.chinapost.com.tw/business/europe/2013/03/18/373423/Britain-to.htm
European, US carmakers race Japanese in Indonesia :: (ChinaPost.com.tw) - Bentleys and McLarens could become a more common sight alongside three-wheeled pedicabs and Japanese cars on Jakarta's roads, with European auto giants making a push into the Indonesian market.
http://www.chinapost.com.tw/business/asia/indonesia/2013/03/18/373424/European-US.htm
UK to close offshore payroll tax loophole :: (ChinaPost.com.tw) - Britain will close a loophole that has allowed some employers to avoid paying payroll taxes by routing wages through overseas intermediaries, the Treasury said on Saturday.
http://www.chinapost.com.tw/business/europe/2013/03/18/373425/UK-to.htm
FBI probe into Universal eyes US$25 million fee company now disavows :: (ChinaPost.com.tw) - The FBI and Philippine investigators probing potential bribery related to Universal Entertainment Corp.'s bid to build a casino in Manila have zeroed in on a US$25 million payment the Japanese company now says should never have been made.
http://www.chinapost.com.tw/business/americas/2013/03/18/373426/FBI-probe.htm
Nepalese noodle seller who became a billionaire :: (ChinaPost.com.tw) - Run by Maoist revolutionaries and plagued by poverty, Nepal is not the most obvious place to make big bucks.
But Binod Chaudhary, the country's first billionaire, sees no reason why his breakthrough shouldn't inspire other success stories.
http://www.chinapost.com.tw/business/asia/other/2013/03/18/373427/Nepalese-noodle.htm
Malls must be more than shopping to survive Web :: (ChinaPost.com.tw) - As growing numbers of shoppers move online, European mall owners are looking to pull in customers by including services that can't be replicated on the Web like hospital care and government offices.
http://www.chinapost.com.tw/business/europe/2013/03/18/373428/Malls-must.htm
UAE launches planet's largest solar power plant :: (ChinaPost.com.tw) - Oil-rich Abu Dhabi on Sunday officially opened the world's largest concentrated solar power plant, which cost US$600 million to build and will provide electricity to 20,000 homes.
http://www.chinapost.com.tw/business/middle-east/2013/03/18/373429/UAE-launches.htm
Sri Lanka offers tax-free zone at new international airport :: (ChinaPost.com.tw) - Sri Lanka is turning its newest international airport opening Monday into a tax-free zone to attract aviation-related industries, a top official said.
http://www.chinapost.com.tw/business/middle-east/2013/03/18/373430/Sri-Lanka.htm
Euro dives in Asia on Cypriot-related jitters :: (ChinaPost.com.tw) - The euro dived in Asia on Monday as news that Cyprus would have to tax bank customers' deposits as part of an EU bailout deal sent investors flocking to the safe-haven yen.
http://www.chinapost.com.tw/business/global-markets/2013/03/19/373478/Euro-dives.htm
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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Hope Springs Eternal: Electric Vehicles in China :: Hope springs eternal — and nowhere is it gushing more strongly than with electric vehicle enthusiasts all over the world. In the United States, investors in Tesla Motors, Inc. (NasdaqGS:TSLA), the U.S. maker of electric sports cars, seem to be shrugging off the fact that the company is losing a $100 million a quarter, the [...]
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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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