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China News 11/2012 (Page 9)



China's Leadership Change Will Help Stocks, Robeco's Mio Says
China's leadership change “removes the biggest overhang” for the nation's equities as the new government is determined to carry out reforms, according to Victoria Mio, portfolio manager at Robeco Hong Kong Ltd. “Investors are now anticipating a more ...

Yuan Set for Weekly Advance as RQFII Expands; Forwards Retreat
China's yuan was set for the biggest weekly gain in a month as the government expanded a quota for foreigners to invest in domestic securities. Yuan positions at Chinese banks accumulated from sales of foreign exchange climbed 21.6 billion yuan ($3.47 ...

India morning call-Global markets
Thu Nov 15, 2012 10:30pm EST. -----------------(8:40 a.m India Time)----------------------- Stock Markets DJIA 12,542.38 -34.67 Nikkei 8,995.91 +166.19 NASDAQ 2,836.94 -9.87 FTSE 5,677.75 -44.26 S&P 500 1,353.03 -2.46 Hang Seng 21,180.34 +78.15 SPI 200 ...

China's Bonded Bunker Sales Fell in October, Sinopec Says
China's sales of tax-free ship fuel, known as bonded bunker, fell in October from a month earlier, according to an official at China Petroleum & Chemical Corp. (600028), the country's largest oil refiner. The nation's total bonded-bunker sales may be ...

China's commerce minister voted out in rare congress snub: sources
By Benjamin Kang Lim and Michael Martina. BEIJING | Fri Nov 16, 2012 7:07am EST. BEIJING (Reuters) - China's commerce minister was surprisingly blocked from a spot on the ruling Communist Party's elite body during a conclave this week, sources said, ...

Report: China 'Affluent' Population to Hit 280 Million by 2020
As China looks to shift its export-dependent economy to a greater reliance on domestic consumption, one number is in its favor: 280 million. That's the total number of affluent consumers China is expected to have by 2020 – more than doubling the ...

Territorial Disputes the Focus of ASEAN Summit
Territorial tensions will dominate a gathering of Southeast Asia's leaders in Cambodia this weekend as the U.S. and China look to exert influence over the resource-rich countries. The WSJ's Alex Frangos has the details. Up Next ...

METALS-Copper falls on dollar rise, dwindling risk appetite
Fri Nov 16, 2012 8:53am EST. * Dollar firms on safe-haven flows, euro falls * U.S. prepares for budget, tax talks * Coming up; U.S. Industrial production for Oct; 1415 GMT By Susan Thomas LONDON, Nov 16 (Reuters) - Copper fell on Friday as the dollar ...

CPC Central Committee politburo urges implementation of congress spirit
BEIJING, Nov. 16 (Xinhua) -- The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on Friday to arrange the implementation of the spirit of the just-concluded 18th CPC National Congress. The meeting was presided ...

China Net Buyer of US Treasurys in Sep, Remains Top Holder
WASHINGTON--Japan continued to threaten China's position as the largest foreign holder of U.S. Treasurys in September, while net sales of Treasurys by private foreigners hit a record high, the Treasury Department said Friday. Overall, foreigners were ...

China Cracks Down On iPhone Smuggling (And The Housewives That Do It)
SHANGHAI (Reuters) - Suppliers for what was one of China's largest online iPhone stores have been hauled to court for allegedly evading taxes by smuggling Apple Inc's iPhones and iPads into the country, official media reported on Friday. On Wednesday ...

Color Red In China Signals New Symbols
In this Nov. 13, 2012 photo, a flower decoration with Chinese words "Patriotism" is displayed in Beijing. (AP Photo/Vincent Yu). -- The color red has long had special significance in China, symbolizing health, wealth and good wishes. Newlyweds and ...

If China is doing so well, why do so many Chinese think of moving here?
The signs of America's decline and China's rise seem to be everywhere: The U.S. middle class is stagnating while China's continues its meteoric ascent. Our manufacturing sector has been eclipsed by Chinese factories churning out iPhones. The schools in ...

Cnooc Gains as US Talks Buoy Outlook: China Overnight
Chinese stocks in New York rebounded from a two-month low as the prospect of a resolution to the U.S. budget woes bolstered the outlook for global demand and the world's second-largest economy. The Bloomberg China-US Equity Index (CH55BN) of the ...

China Solar Makers Seek Penny-Stock Boost After Warnings
Two of China's top solar manufacturers are seeking to boost the value of their American depositary receipts after they slipped below listing requirements. JA Solar Holdings Co., China's biggest solar-cell maker, plans to make its Nasdaq-listed ADRs ...

Advice to President Obama for a second term
Jim Hoagland is a contributing editor to The Post. His e-mail address is [email protected] Mr. President,. Your second term could be a time of big deals with the Republicans at home and with major powers abroad: China, Europe, the Arabs and ...

Next Premier Came of Age in Era of Openness
Beijing's No. 2, Schooled Amid Western Ideas, Will Take Reins of Economy; Took Party Path as Classmates Became Dissidents. Article; Interactive Graphics; Comments. more in China | Find New $LINKTEXTFIND$ ». smaller; Larger ...

US-China Ties in Flux as Rosters Fill
BEIJING—While the question of who will lead the U.S. and China is now settled, relations between the two largest economic powers are still in flux as both countries fill out the roster of officials responsible for the international economy and as new ...

Now is the Time to Buy Chinese Dividend Stocks
Many Chinese stocks are down due to declining economic growth in the country and concerns about corporate governance. But with its economy still expanding at a more impressive rate than investors seem to credit, the People's Republic's publicly-traded ...

A Star in China Both Rises and Sets
BEIJING — PENG LIYUAN, China's most enduring pop-folk icon, is beloved for her glass-cracking soprano and her ability to take on such roles as a coquettish Tibetan yak herder, a lovelorn imperial courtesan, even a stiff-lipped major general — which ...

Lenovo's upcoming five-inch 1080p phone to feature dual-SIM connectivity
By now you should already know that HTC, Sharp and Oppo share a common theme: 1080p display on their five-inch phones. As it turns out, Lenovo also wants in on the VIP list. Spotted on Sina Weibo earlier this week (but have since been deleted) are the ...

Ronda Rousey, UFC Confirm Deal: Female MMA Star Will Join Dana White's ...
Ronda Rousey, UFC Confirm Deal: Female MMA Star Will Join Dana White's ...

'Little Hu' eyed for the next wave of Chinese leaders
BEIJING — For the past week, the focus at China's Communist Party Congress was on the country's outgoing leaders and their replacements, who were announced Thursday in a once-a-decade transition. But those looking further down the line have been ...

The Chinese Reaction to the Petraeus Scandal: ... That's All There Is to It?!
While the 18th Party Congress unfolded last week with all the cinematic verve of Friday-night C-SPAN, Chinese citizens might have done well to skip the latest James Bond release and watch U.S. political theater -- sequel-ready and better scripted than ...

The Best Hotels In Beijing
You might say the road to Beijing lodging has been paved in silk and Olympic gold. In ancient times, the trade route known as the Silk Road brought an influx of international travelers to the imperial capital, coaxing the construction of roadside inns ...

China's Next Step in Yuan Overhaul Is Convertibility, Zhou Says
The People's Bank of China's next step in overhauling the exchange-rate system will focus on convertibility, Governor Zhou Xiaochuan said, as his omission from a top Communist Party committee indicated he will retire. “For the central bank, I think the ...

China's Xi May Unveil Plan for Change Late 2013, CICC Head Says
China's new leadership, headed by Xi Jinping, will probably unveil new market-oriented changes in late 2013, according to Li Jiange, head of the country's biggest investment bank. Li, chairman of China International Capital Corp. and a vice chairman of ...

Obama's Road to Myanmar Is Paved With New Asia Intentions
WASHINGTON — On the stump this fall, President Obama boasted that he had “brought more trade cases against China” than his predecessor had. In an ad, he asserted that his challenger “never stood up to China.” During a debate, Mr. Obama said he ...

Family Ties and Hobnobbing Trump Merit at China Helm
BEIJING — To a degree, the new leaders of China named just days ago have backgrounds that are as uniform as the dark suits and red ties they wore at their coming-out ceremony. China's New Leadership: Full Coverage. Read our ongoing coverage of the ...

ECC offers new homestay program
A new program at Elgin Community College gives students abroad the chance to study in the United States, while exposing local students and families to the experience of connecting with those from other cultures. The International Student Homestay ...


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