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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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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HTC Corp. to ramp up marketing efforts :: (ChinaPost.com.tw) - Handset maker HTC Corp. said yesterday that it will increase spending on online and traditional media marketing by 250 percent and 100 percent respectively from last year, in an effort to compete with rival Samsung.
http://www.chinapost.com.tw/business/global-markets/2013/03/26/374232/HTC-Corp.htm
Local bourse finishes higher but thin trade keeps cap on profits :: (ChinaPost.com.tw) - Early gains on foreign stock markets led shares in Taiwan to open higher Monday, but thin trading volume limited the benchmark index's rise.
http://www.chinapost.com.tw/business/asia-taiwan/2013/03/26/374233/Local-bourse.htm
Finance minister expresses optimism on bank mergers :: (ChinaPost.com.tw) - Finance Minister Chang Sheng-ford (張盛和) said yesterday that he would be happy to see mergers among banks in which the government has a substantial stake, amid rumors that the Cabinet is poised to carry out comprehensive reform of the nation's financial institutions.
http://www.chinapost.com.tw/business/asia-taiwan/2013/03/26/374234/Finance-minister.htm
HTC shares up as new phone hits shelves :: (ChinaPost.com.tw) - Shares of HTC Corp. rallied strongly Monday on the Taiwanese smartphone maker's formal announcement that its new flagship model — the HTC One — will definitely hit store shelves in Taiwan, the United Kingdom and Germany this week.
HTC shares opened higher at NT$248 (US$8.318), up 2.5 percent from Friday's close.
http://www.chinapost.com.tw/business/global-markets/2013/03/26/374236/HTC-shares.htm
Volkswagen's Audi AG :: (ChinaPost.com.tw) - German automaker Audi AG, the luxury brand of Volkswagen AG, plans to keep spending on sales, marketing and services in Taiwan despite an expected contraction in the local luxury car market.
http://www.chinapost.com.tw/business/global-markets/2013/03/26/374237/Volkswagens-Audi.htm
TNT Express to shed 4,000 jobs after UPS takeover fails :: (ChinaPost.com.tw) - Dutch post and courier company TNT Express said Monday it would shed around 4,000 jobs over the next three years as it restructures after the failure of a takeover bid by U.S. rival UPS.
http://www.chinapost.com.tw/business/global-markets/2013/03/26/374238/TNT-Express.htm
Cairn India plans US$2 billion investment; shares rise near 3% :: (ChinaPost.com.tw) - Shares of oil producer Cairn India rose nearly 3 percent Monday after the explorer said it plans to invest US$2 billion to raise output by more than 70 percent at its oilfields in the country's northwest.
http://www.chinapost.com.tw/business/asia/india/2013/03/26/374239/Cairn-India.htm
S. Korea to start US$1.35 billion fund to provide debt relief for households :: (ChinaPost.com.tw) - South Korea's government said on Monday it will launch a US$1.35 billion fund this week to provide debt relief for more than half a million people unable to repay loans.
http://www.chinapost.com.tw/business/asia/korea/2013/03/26/374240/S-Korea.htm
Overseas investors eye Chinese property :: (ChinaPost.com.tw) - China may see an increase in property transactions involving international investors in 2013, fueled by the economic recovery and the rosy outlook of China's commercial properties, industry experts said.
http://www.chinapost.com.tw/business/asia-china/2013/03/26/374241/Overseas-investors.htm
China carmaker BYD reports 94% profit plunge :: (ChinaPost.com.tw) - Chinese electric car producer BYD, which is partly backed by U.S. investment titan Warren Buffett, said its net profit plunged more than 94 percent year-on-year in 2012, hit by slowing growth in the country.
http://www.chinapost.com.tw/business/asia-china/2013/03/26/374242/China-carmaker.htm
New Malaysia strategies aim to spur rubber sector :: (ChinaPost.com.tw) - The Malaysian Rubber Board (MRB) is planning to launch a second edition of strategies for the local rubber industry within the next few months in view of new challenges and prolonged issues in the thriving industry, according to director-general Dr. Salmiah Ahmad.
http://www.chinapost.com.tw/business/asia/malaysia/2013/03/26/374243/New-Malaysia.htm
Euro rebounds in Asia after Cyprus fears fall :: (ChinaPost.com.tw) - The euro rebounded in Asian trade on Tuesday after plunging to multimonth lows on fears that a 10-billion-euro bailout deal for Cyprus could become a template for future regional rescue packages.
http://www.chinapost.com.tw/business/global-markets/2013/03/27/374262/Euro-rebounds.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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