Tuesday, March 19, 2013

19-Mar-2013 18:20

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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Central bank governor defends monetary policy :: (ChinaPost.com.tw) - Perng Fai-nan (彭淮南), governor of the Central Bank, yesterday defended past monetary policies when questioned by opposition lawmakers during Legislative Yuan sessions.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/19/373528/Central-bank.htm

Perng says Taiwan striving to sign China currency-swap deal :: (ChinaPost.com.tw) - Taiwan's central bank governor Perng Fai-nan said Monday that the bank is working to sign a currency-swap agreement with China as soon as possible and will strive to keep the currency swap line at not less than 300 billion yuan (US$48.27 billion).

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/19/373529/Perng-says.htm

TAITRA, Missouri expand business relations :: (ChinaPost.com.tw) - Representatives of Taiwan's main trade promotion body and the U.S. state of Missouri signed a memorandum of intent Monday to jointly explore business opportunities in the Asia-Pacific market.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/19/373530/TAITRA-Missouri.htm

Sleep tech forum awakens in Taipei :: (ChinaPost.com.tw) - A sleep technology industry forum is being held Monday for the first time in Taipei that will focus on new and emerging technologies that can assist in preventing sleep disorders.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/19/373531/Sleep-tech.htm

HTC, Chunghwa work on digital convergence :: (ChinaPost.com.tw) - HTC signed a 2013 memorandum of cooperation with Chunghwa Telecom Co., Ltd. yesterday to strengthen their strategic alliance in cloud technology, marketing and mobile broadband service.

http://www.chinapost.com.tw/business/global-markets/2013/03/19/373532/HTC-Chunghwa.htm

Local shares drop by 1.46% on banking woes in Cyprus :: (ChinaPost.com.tw) - Shares on the Taiwan Stock Exchange lost ground Monday as euro fell under pressure from a bank deposit tax set to take effect in Cyprus.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/19/373533/Local-shares.htm

Nation retains optimism on economy: Cathay Financial :: (ChinaPost.com.tw) - The economics research center at the Cathay Financial Holding Co. (國泰金控) yesterday said that Taiwan's public has a positive outlook for the nation's economy, with forecast indicators recording new highs on last year.

http://www.chinapost.com.tw/business/global-markets/2013/03/19/373534/Nation-retains.htm

Glossy Asian brands increasingly shifting focus to Indonesia :: (ChinaPost.com.tw) - Indonesia is fast becoming a preferential place for glossy Asian fashion and lifestyle brands seeking to showcase their merchandise.

http://www.chinapost.com.tw/business/asia/indonesia/2013/03/19/373535/Glossy-Asian.htm

Chinese luxury car sales start sluggish in '13 :: (ChinaPost.com.tw) - China's luxury car market has gotten off to a slow start in 2013 after several years of strong growth, according to recently released sales statistics for the first two months.

http://www.chinapost.com.tw/business/global-markets/2013/03/19/373536/Chinese-luxury.htm

Sharp says Qualcomm investment delayed :: (ChinaPost.com.tw) - Cash-strapped Japanese electronics giant Sharp said Monday that a badly needed capital injection from U.S. chip-maker Qualcomm had been delayed as the two sides hammer out details of the pact.

http://www.chinapost.com.tw/business/global-markets/2013/03/19/373538/Sharp-says.htm

Germany, EU keen to clinch Thai FTA within two years: ambassador :: (ChinaPost.com.tw) - Germany and the entire European Union are ready to provide maximum cooperation for conclusion of the Thai-EU free-trade agreement in two years' time, for a win-win scenario for both parties, German Ambassador to Thailand Rolf Schulze said.

http://www.chinapost.com.tw/business/europe/2013/03/19/373539/Germany-EU.htm

Singapore company pursues investments in the Philippines :: (ChinaPost.com.tw) - A real estate investment and asset management firm based in Singapore is setting up shop in the Philippines to pursue investment opportunities in the local real estate sector.

http://www.chinapost.com.tw/business/asia/singapore/2013/03/19/373540/Singapore-company.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 [...]
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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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