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China News 03/2012 (Page 5)



Economic spying case over DuPont's chemical grows
March 10, 2012|Paul Elias, AP The Chinese call it “Titanium white.'' And it does make many things white, from the inside of Oreo cookies to the paint on cars. Paper, toothpaste, plastics, cosmetics and just about any other commonplace item colored ...

Niall Ferguson: China's got the whole world in its hands
As China approaches global economic supremacy, Harvard professor Niall Ferguson - whose three-part television series on the growing superpower begins tomorrow - reveals his fears for an ominously powerful nation. By Philip Sherwell, at Harvard ...

China Slowdown May Portend Easing as Asia Considers Options for Stimulus
China's economic growth slowed in the first two months of the year, with both exports and domestic demand moderating faster than analysts had forecast, building the case for Premier Wen Jiabao to accelerate stimulus measures. The world's second-largest ...

Oil Trades Near Highest Level in More Than a Week in New York Trading
Oil fell from the highest price in more than a week in New York on speculation fuel demand will falter after Chinese export data signaled an economic slowdown. Futures slid as much as 0.5 percent. China had its biggest trade deficit in at least 22 ...

Japan Stocks Climb on Machinery Orders as Oil, New Zealand Dollar Retreat
Asian stocks dropped for the first time in three days and oil and the yuan declined after Chinese exports grew at a slower pace than forecast. The yen rose against all its major counterparts and Japan's shares climbed after better-than-estimated data ...

China Life Insurance Co. Ltd. (2628)
By Craig Stephen HONG KONG (MarketWatch) — Investors never like a profit warning, and even less so when it's from a bellwether like China Life Insurance Co., the world's largest insurer by market capitalization. Profits could be down as much as 50% ...

Asian Currencies Fall, led by Ringgit, as China Data Dims Export Outlook
Asian currencies weakened after reports over the weekend showed China's economy slowed last month, damping the demand outlook for the region's exports. The Bloomberg-JPMorgan Asia Dollar Index (ADXY) snapped a three- day advance after China said on ...

METALS-Copper weakens as China demand worry persists
* China Feb copper imports up 17 pct on month, double y/y * China copper consumption remains sluggish * Coming up: Eurogroup meeting; 1600 GMT (Adds details, comments; updates prices) By Rujun Shen SINGAPORE, March 12 (Reuters) - London copper edged ...

CHINA NPC: PBOC Zhou: In Theory 'Lots Of Room' For Further RRR Cuts
-- PBOC Gov. Zhou Xiaochuan said in theory, there is "lots of room" to cut banks' reserve requirement ratio further -- PBOC Vice Gov. Yi Gang said China will increase investment in Europe (Recasts 2nd paragraph, combines stories, adds comments from ...

Iron Ore-Spot prices edge up amid faint recovery signs
* Chinese imports rebound 9.5 pct in February * Spot prices, rebar futures inch up on Monday (Updates rebar price) By David Stanway BEIJING, March 12 (Reuters) - Spot iron ore prices in China, the world's biggest market, edged up on Monday amid signs ...

Rand Falls for Second Day as Concern of China Economy Weakens Metal Prices
The rand declined for a second day as signs of a slowdown in China, South Africa's biggest trading partner, damped prospects for the nation's commodity exports. The currency of Africa's biggest economy retreated as much as 0.5 percent and traded less ...

US STOCKS-Wall St flat after trade data; FOMC eyed
* China February trade balance drops * FOMC announcement Tuesday awaited * Zoll Medical to be acquired for $2.21 billion * Indexes: Dow up 0.08 pct, S&P off 0.05 pct, Nasdaq off 0.02 pct By Chuck Mikolajczak NEW YORK, March 12 (Reuters) - US stocks ...

Youku to buy Tudou, creating China online video giant
By Kazunori Takada | SHANGHAI (Reuters) - China's top two online video companies are joining forces, with Youku.com buying smaller rival Tudou Holdings Ltd in an all-stock deal worth more than $1 billion, creating an industry leader with more than a ...

Chinese High-Speed Rail Section Collapses
By NORIHIKO SHIROUZU Hundreds of workers are rushing to repair a section of a new high-speed railway in central China's Hubei province that collapsed Monday after persistent rain. BEIJING—A section of new high-speed rail line in central China has ...

What China's sharp trade deficit means
By Annalyn Censky @CNNMoney March 12, 2012: 12:25 PM ET NEW YORK (CNNMoney) -- China shocked the world this weekend when it announced its largest trade deficit in more than two decades. The country has long been an export powerhouse, selling far more ...

GLOBAL MARKETS-Dollar, stocks mixed; eyes on China, Fed
* Dollar choppy ahead of Tuesday's Fed meeting * European shares dip as growth worries raise debt fears * Commodities slip on signs of weaker China demand By Luciana Lopez NEW YORK, March 12 (Reuters) - Global stocks and the dollar traded mixed on ...

IPhone Fails to Gain China Share as Samsung Lead Triples: Tech
You need to enable Javascript to play media on Bloomberg.com Play Apple Playing Catch Up with Samsung in China Apple Inc. (AAPL) got a second partner in China to sell the iPhone in the world's biggest mobile-phone market. The deal may be too late to ...

Canadian Stocks Decline on Chinese Exports Data
Canadian stocks fell for the first time in four days as fuels and metals dropped after China reported a smaller gain in exports than most economists in a Bloomberg survey had forecast. Suncor Energy Inc. (SU), Canada's largest oil and gas producer, ...

Japan to buy $10 bln in China yuan govt bonds
* Move to underpin ties, tentative step towards FX diversification * China also buys Japan government debt * Debt buying part of agreement on closer economic ties By Stanley White TOKYO, March 13 (Reuters) - Japan will go ahead and buy 65 billion yuan ...

Trade Fight Flares on China Minerals
By SUDEEP REDDY And JARED A. FAVOLE The Obama administration Tuesday intends to escalate its trade offensive against China, a move heavy with political overtones, by pressing the World Trade Organization to force the export giant to ease its ...

METALS-Copper firms in light trading ahead of Fed meeting
* Trading volume light ahead of Fed decision * Supply increase overshadows improving demand in China * Coming up: US FOMC rate decision; 1615 GMT (Adds comments, details; updates prices) By Rujun Shen SINGAPORE, March 13 (Reuters) - London copper ...

China high-speed railway section reportedly collapses, reviving safety fears ...
China high-speed railway section reportedly collapses, reviving safety fears ...

Tudou $1 Billion Merger With Rival Stokes Web Stock Rally: China Overnight
By Belinda Cao on March 12, 2012 Tudou Holdings Ltd. (TUDO) soared to a record in New York, driving gains in Chinese US-listed Internet shares, on plans by Youku (YOKU) Inc. to acquire the nation's second-largest video sharing website in a $1 billion ...

Taiwan's Cathay in talks with China banks on investment
* Cathay Fin says in talks with Chinese national banks on investment * Cathay seen pressuring govt for more opening -analyst * Cathay shares limit up to 1-month intraday high TAIPEI, March 13 (Reuters) - Cathay Financial , Taiwan's top financial ...

China gives its homegrown brands a boost
(Corrects timing of screen installation in paragraphs 1-2) * China's TCL boasts the largest LCD screens * China wants to market brands, not just "Made in China" products By Lucy Hornby BEIJING, March 13 (Reuters) - Two new Chinese LCD screens in ...

China's palate ripens for European vineyards, chateaux
By Farah Master | HONG KONG (Reuters) - Chinese state-owned firms, private corporations and wealthy individuals are buying European vineyards as they look to capitalize on a growing domestic thirst for foreign wine. Demand for French, Italian and ...

The growth lesson America could take from China
A view of Lujiazui financial district in Shanghai, with the Huangpu River, Oriental Pearl TV Tower, Jinmao Tower and the Shanghai World Financial Center. (Zhou Junxiang - ZHOU JUNXIANG - IMAGINECHINA) The basic driver of remarkable economic growth in ...

Watch Your Language! (In China, They Really Do)
By MARK MCDONALD | March 13, 2012, 1:43 am HONG KONG — Scaling the wall. Buying soy sauce. Fifty cents. A mild collision. May 35. Mayor Lymph. River crab. These words — mild, silly, inoffensive — are part of the subversive lexicon being used by ...

Chinese Official Cites Soil in Rail Collapse
By NORIHIKO SHIROUZU BEIJING—A Chinese official confirmed that numerous sections along a seven-kilometer, or four-mile, stretch of a new high-speed railway had sunk into the earth and would take one month to repair, as additional details of the latest ...

Chinese Monetary Discipline Sows Seeds Of New Growth
Wine expert and social media guru Gary Vaynerchuk attributes his ability to detect subtleties in wine that others might not recognize because of his unique taste-testing as a teen. Because drinking wine was illegal, he says he tasted the flavors ...


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