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China News 03/2012 (Page 10)



Bryan Armen Graham: In China, Marbury realizes most American of dreams: a ...
Bryan Armen Graham: In China, Marbury realizes most American of dreams: a ...

Foreign Banks' New Target: Chinese Trust Firms
By DINNY MCMAHON And ALISON TUDOR Even as several major Western banks have sold stakes in Chinese state-owned banks, another group of foreign lenders has invested in a separate part of China's financial industry: the trust companies that serve big ...

CANADA STOCKS-TSX falls on soft US data, China
* TSX down 13.09 pts, or 0.1 pct, to 12417.61 * Energy, financials drag * Soft US home sales, China fears weigh * Agrium, gold miners pare losses By Jon Cook TORONTO, March 21 (Reuters) - Toronto's main stock index edged down again on W ednesday as ...

Asian Shares Mostly Up; Demand Restrained As Focus Turns To China PMI
By Shri Navaratnam SINGAPORE (Dow Jones)--Most Asian stock markets eked out small gains Thursday as investors awaited key manufacturing data from China amid persistent worries about slowing growth in the World's second largest economy, while the yen ...

METALS-LME copper edges higher ahead of China data
SINGAPORE, March 22 (Reuters) - London copper futures rose for a second day on Thursday, spurred by a softer dollar, ahead of manufacturing data on China that should give investors more clues on economic conditions in the world's top copper consumer ...

METALS-LME copper falls after China factory activity shrinks
* China copper imports may slow in March - Macquarie * China March HSBC flash PMI 48.1 vs 49.6 Feb final reading (Recasts, adds analyst quote, detail, updates prices) By Melanie Burton SINGAPORE, March 22 (Reuters) - London copper futures turned ...

Chinese spies target Taiwan's US-made defenses
TAIPEI, Taiwan — When Taiwanese security personnel detained a suspected spy for China at a top secret military base last month, they may have had a sense of deja vu. Air force Capt. Chiang — he was identified only by his surname — was the fourth ...

Neiman Makes Web Push to Lure China Shoppers
By LAURIE BURKITT And DANA MATTIOLI Neiman Marcus Group Inc. plans to become the latest luxury name to dive into the Chinese market. But the splash it hopes to make will be online—an unusual move for a market where high-end shoppers favor ...

PRECIOUS-Gold sluggish after China factory activity falls
* China March manufacturing activity shrank for fifth month * Platinum in discount to gold * Spot gold neutral in $1634-$1671/oz range -technicals * Coming up: Euro zone Markit Mfg flash PMI, March; 0858 GMT (Adds details, comments; updates prices) By ...

China should be ready for "extreme risk" to economy-think-tank
| BEIJING, March 22 (Reuters) - China should be ready to cope with "extreme risks" in the economy from a sharper global downturn, although the country is on track to grow a healthy 8.5 percent this year, a senior economist at the cabinet's think-tank ...

Stocks recover as US hopes offset China worries
By PAN PYLAS Markets recovered their poise Wednesday as optimism over the pace of the US economic recovery helped offset lingering concerns over the Chinese economy. Over the past few weeks, stocks have been buoyant as US economic figures were upbeat ...

China may miss new target to cut coal output growth
* Sets 2015 output target of 3.9 bln tonnes * To boost coal rail capacity to 3 bln tonnes by 2015 * To encourage imports, support overseas M&A * To improve pricing system, studying coal futures trading (Updates throughout, adds analyst comment) By Jim ...

China's Geely hopes to get Volvo JV approval in H1
| HONG KONG, March 22 (Reuters) - Zhejiang Geely Holding Group Co Ltd, parent of Geely Automobile Holdings Ltd, hopes to receive government approval for its joint venture with Volvo Car in the first half of 2012 so production can start next year, ...

Emerging Stocks Drop as China Manufacturing May Contract
By Zachary Tracer and Jason Webb on March 22, 2012 Emerging-market stocks extended their longest losing streak this year after data showed China's manufacturing may contract for a fifth month while euro-area services and factory output shrank more than ...

China Mobile Names New Chairman
By LORETTA CHAO BEIJING—The chairman of the state-owned parent of China Mobile Ltd. stepped down on Thursday, leaving the world's largest mobile phone company by subscribers with a new leader at a challenging time. China Mobile said in a filing late ...

Out of love with China, fashion factory moves west
By Astrid Wendlandt | PARIS, March 22 (Reuters) - A string of countries on and around the fringes of western Europe are becoming new centres of fashion clothing manufacture as China moves up the industrial value chain and brands discover adaptable ...

Renren Facebook Boost to Be Shortlived on Ad Growth, Maxim Says
By Leon Lazaroff and Belinda Cao on March 22, 2012 Chinese social-network operators Renren Inc. (RENN) and Sina Corp. (SINA) can't rely on Facebook Inc. (FB)'s initial public offering to boost their shares as both face challenges attracting advertisers ...

Breaking Bread in Beijing
The city's only Christian-themed restaurant is careful about how it brands itself. That way, it survives. By JILLIAN KAY MELCHIOR Beijing's most heavenly restaurant is also its most unlikely. Upper Room Rainbow Cafe and Bistro "is the one and only ...

Hong Kong Vote May Produce No Winner
By TE-PING CHEN AP Leung Chun-ying, left, is Bejing's choice over Henry Tang, right, to be Hong Kong's next political leader--but there's a chance Sunday's election will produce no winner. The race for Hong Kong's top political post that will reach the ...

Emerging markets: Hot performance worth the risk?
By John Waggoner, USA TODAY Not too long ago, you could buy a can of compressed air that fit neatly over the opening of a clogged drain. When you pressed down, a huge blast of air would clear your drain. The clog, presumably, shot out of some startled ...

China Urges Vietnam to Stop 'Illegal Poaching' Near Disputed Waters
March 22, 2012 China Urges Vietnam to Stop 'Illegal Poaching' Near Disputed Waters Marianne Brown | Hanoi A territorial dispute between Vietnam and China has escalated this week after Chinese forces arrested 21 fishermen. Vietnam says the fishermen ...

Asian shares fall on global growth worries
By Alex Richardson | SINGAPORE (Reuters) - Asian shares fell on Friday and growth-linked currencies such as the Australian dollar were shunned after data showing shrinking factory activity in China and the euro zone heightened concerns about a slowdown ...

The Electoral Math of Romney's Stance on Trade With China
WASHINGTON — Among all the elements of Mitt Romney's 59-point economic plan, his vow to crack down on China's trade policy would seem the most out of place. That is not because his promise to label China a “currency manipulator” and impose tariff ...

METALS-Copper bounces from two-week lows; growth worries weigh
* Traders sell into copper price rally * ShFE lead spreads tighten, China demand picks up * Coming up: US New Home Sales for Feb; 1400 GMT (Adds analyst comment, detail, updates prices.) By Melanie Burton SINGAPORE, March 23 (Reuters) - London copper ...

China key money rate falls on ample liquidity
* Next week's 109 bln yuan of maturing debt boosts market * Month-end cash squeeze seen relatively mild * No sharp falls seen in key money rate * Benchmark 7-day falls 20.67 pips to 2.9698 pct By Chen Yixin and Jacqueline Wong SHANGHAI, ...

VEGOILS-Palm oil rises to 9-mth top on demand prospects
* Traders expect higher exports, eye March 1-25 data * Futures up nearly 8 percent this year (Updates prices) By Chew Yee Kiat SINGAPORE, March 23 (Reuters) - Malaysian palm oil futures rose to a nine-month high on Friday, as an upbeat demand outlook ...

China Must Keep Yuan From Hurting Exports, NDRC Researchers Say
By Bloomberg News on March 23, 2012 China must prevent a significant strengthening of the yuan that would harm exports by compounding difficulties from rising labor and energy costs, two government researchers said. “If the global economic situation ...

Chinese educators' lessons for US schools
Shanghai -- Every Tuesday, the seventh-grade English class at Wenlai Middle School talks about what stories they've read that week in the English-language Shanghai Post. Alexander Oliver - it's not uncommon for Chinese kids to give themselves English ...

Mounting global growth concerns push markets lower
An investor looks at the stock price monitor at a private securities company Thursday, March 22, 2012, in Shanghai, China. Asian stock markets fell Thursday after mixed US housing data and disappointment over the limited scope of China's latest ...

Cessna to Build Business Jets in China
By ANDREW GALBRAITH SHANGHAI—Cessna Aircraft Co. on Friday said it plans to establish a new joint venture to build its business jets in China, in a move that illustrates the growing appeal of China's aviation market to aircraft companies struggling ...


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