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China News 10/2012 (Page 13)



Tata Consultancy to Expand in China, Shrink Americas Dependence
Tata Consultancy Services Ltd. (TCS), India's largest software services exporter, will hire more workers in China as part of an expansion in Asia and lessen dependence on the Americas. Revenue growth from Asia-Pacific will probably exceed the ...

China's Cathay Goes Hostile With Discovery Bid
By ROBB M. STEWART. MELBOURNE—Chinese private-equity firm Cathay Fortune Corp. will bypass Discovery Metals Ltd.'s board with a hostile takeover offer that values the Africa-focused copper miner at A$830 million (US$857 million). Shanghai-based ...

Recap: The Final Obama-Romney Debate
Barack Obama and Mitt Romney have one final opportunity Monday night to challenge each other directly and detail their differences in the third presidential debate — this one focusing on foreign policy. Below, our live blog. Sort by: Oldest; Newest. 8 ...

China's Stocks Swing on Earnings, Policy Support Prospects
China's stocks swung between gains and losses as concern the slowing economy is hurting profits offset speculation regulators will introduce measures to bolster equities before a leadership transition next month. Shenzhen Hongtao Decoration Co. (002325 ...

COLUMN-Living through de-globalization: James Saft
By James Saft. Oct 23 (Reuters) - What was that you were saying about globalization being inexorable? A quick look at a series of under-appreciated recent stories - a Sino-Japanese territorial spat's real economic consequences and a drop in both global ...

Tire tariffs
Obama likes to boast that he has been tough on China, demanding a level playing field and bringing cases against China for violating fair trade standards. He claimed that the tariff imposed on Chinese tires helped create U.S. jobs. At the time the case ...

Romney's China Investments Called Out, Underestimated By Obama
President Barack Obama on Monday highlighted Republican presidential nominee Mitt Romney's investments in overseas companies, a rare jab at Romney's personal wealth during a debate that largely centered on foreign policy issues and domestic military ...

China firm makes $850 million bid for Australia's Discovery Metals
Coffee-loving Italians swap cafe for kitchen. MILAN - Italians aren't the biggest coffee drinkers in Europe - that title goes to the Finns - but their nation's link with cafe culture is etched on every menu board, giving the world the espresso, the ...

Obama Debate Language Hints at Nature of China Relationship
WASHINGTON — Since the United States' strategic military refocus on Asia was announced last year, the Obama administration has been careful to point out the so-called pivot to the Pacific is not aimed at containing China. But the reassurances by U.S. ...

WTO Judges to Investigate Chinese Tariffs on US Autos
The World Trade Organization said judges will decide whether Chinese duties on more than $3 billion of U.S. car exports violate global trade rules. The anti-subsidy and anti-dumping levies cover more than 80 percent of U.S. vehicle shipments, the Obama ...

Cambodia to Deport Chinese for Insulting Late King
A Cambodian court found a Chinese factory supervisor guilty on Tuesday of desecrating pictures of the country's recently deceased former king and ordered her deported. The court found Wang Zia Chao guilty of violating statutes on insulting the monarchy ...

Chinese glued to US debate, with envy and concern
BEIJING — Chinese Internet users who watched live streams of Monday's U.S. presidential debate heard President Obama and Republican challenger Mitt Romney criticizing China with strong language – and many assumed the candidates will dial it down ...

From Threat to Trust: China's Role in UN Peacekeeping
The rise of China does not have to be a divisive factor of the international community -- on the contrary, it can be a catalyst for a more cohesive global village. In the official document published by the Information Office of the State Council in ...

Chinese issue letter criticizing case against Bo
BEIJING — An array of activists, academics and dissidents are questioning the authorities' purge of Bo Xilai, demanding that China's legislature follow the rule of law and allow the disgraced leader to defend himself before lawmakers. China's ...

Switzerland: The Other Currency Manipulator
Last night, Mitt Romney once again declared that he would name China a currency manipulator on “day one” of his presidency and impose tariffs if the Chinese won't let their currency appreciate. So why is Romney so soft on Switzerland, which has an ...

Chinese Paper Dumping Scam Leads To Indictment
ATLANTA -- A company in suburban Atlanta schemed to avoid paying millions of dollars in import taxes on cheap notebooks and loose-leaf paper from China by falsifying records and bribing customs officials in Taiwan, federal prosecutors said in an ...

The Most Dangerous Thing About China: Americans' Attitudes
Most Americans are scared of China's economic expansion. They hear their leaders talk about intellectual-property theft, military buildups, political intrigue, and stolen jobs. This rhetoric could backfire on the U.S. economy and limit opportunities ...

Cisco CEO says China will be ally
Computerworld - ORLANDO - This is a rough time for China in the U.S. Mitt Romney, the Republican presidential candidate, plans to declare on "day one," if elected, that China is a currency manipulator. A congressional report this month said Chinese ...

Chinese protester who attacked US ambassador's car wants US visa
On Sept.18, as anti-Japan demonstrations in China reached their sometimes-violent peak, about 50 angry Beijingers made their way to the U.S. Embassy. The day's protests were about Japan, which disputes ownership of some uninhabited islands with ...

'Iron Man 3': First footage reveals new villain, no China
BEIJING — The first trailer for “Iron Man 3” debuted Tuesday, giving fans a glimpse of Tony Stark's new armor, snazzy shots of his seaside mansion under attack, and a first look at Ben Kingsley as the Mandarin. One thing it doesn't have: any hint of ...

JP Morgan Gets Stung by China Downturn
SHANGHAI—A luxury apartment building that is one of the most visible casualties of China's high-end property bust is up for auction in the northeast city of Dalian, after a bank foreclosed on the property. The 48-floor Park Central was owned by a fund ...

China's Stocks Rise After Manufacturing Report; Airlines Rally
China's stocks rose after a report showed China's manufacturing may contract at a more moderate pace in October, adding to signs that the growth slowdown is bottoming. Huaneng Power International Inc. (600011) led a gauge of utility stocks in the CSI ...

Asia Stocks Recoup Losses, Oil and Copper Rise After China PMI
Asian stocks recouped losses and oil rebounded from a three-month low on signs a manufacturing slump is easing in China. Australia's dollar strengthened on a report inflation quickened. The MSCI Asia Pacific Index was 0.04 percent higher as of 1:11 p.m ...

Aussie Gains on Faster Inflation, China Manufacturing
The Australian dollar climbed against all of its major peers after a private report signaled that a slowdown in Chinese manufacturing is abating, improving prospects for exports to Asia's biggest economy. The so-called Aussie snapped a four-day drop ...

Sagging German economy sends euro lower
America's doctor shortage. The U.S. is facing another health care crisis: In cities like Las Vegas a shortage of doctors can mean waiting months for basic services like check-ups. Read more at Counterparties · Ben Bernanke may not want another term ...

China Manufacturing May Contract at Slower Pace, Survey Shows
A Chinese manufacturing index (MXAP) rose and economists have pared forecasts for cuts in interest rates and bank reserve requirements as confidence grows that the world's second-biggest economy is stabilizing. The preliminary, or flash, reading was 49 ...

Laos Says China to Finance Rail Link
By JACOB GRONHOLT-PEDERSEN. A Laotian official said China has agreed to finance a $7 billion railway link in Laos that will ship raw materials to the Chinese border. There was no confirmation of the agreement from Chinese officials. The two countries ...

US Stocks Advance on China Economy, American Home Sales
U.S. stocks advanced, sending the Standard & Poor's 500 Index up from an almost seven-week low, amid signs a slump in China's factory output is easing and as sales of new American homes rose. Facebook Inc. (FB), the biggest social networking site, ...

Beijing's Problem With Shale
By KEVIN JIANJUN TU. Natural gas is often seen as an ideal option to optimize China's unsustainable energy mix. Gas could improve the country's environment because of its lower air pollution and carbon emissions. Abundant domestic gas supplies could ...

UPDATE 2-Thermo Fisher sees strong growth in China, India; raises FY view
Q3 adj EPS $1.19 vs est $1.16. * Q3 rev $3.09 bln vs est $2.99 bln. * Shares up over 4 pct at $60.02. * Says Q3 was helped by strong sales growth in China. By Zeba Siddiqui. Oct 24 (Reuters) - Thermo Fisher Scientific raised its full-year forecast for ...


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