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  2. mn33nm
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    HSBC China to launch 2nd batch of RMB bonds this monthPublished: 04 Aug 2009 23:39:47 PST<p class="authorInfor"></p><!--begin CK content--><ul class="narrow">Top 5 News From ChinaKnowledge.comGemdale acquires land in Ningbo for RMB 774 mlnHong Kong Aircraft Engineering sees net profit down 27% in H1IDG mulls launching RMB 4-bln fund by mid-2010China's online gaming exports hit US$71.78 mln in 2008Hong Kong restaurants' income dips 0.7% in Q2<P>Aug. 5, 2009 (China Knowledge) - HSBC Bank (China) Co Ltd, the mainland unit of HSBC Holdings PLC<0005><HBC> plans to sell at least RMB 1 billion in RMB-denominated bonds to retail investors in Hong Kong, sources reported on Wednesday.</P><P>Subscription will take place from Aug. 18 to Sep. 4 and the bonds will have a maturity of two years.</P><P>The bank has met with potential placing banks, according to the report.</P><P>The lender has not set the coupon rate of the bonds, but told placing agents that the rate will be higher than the rate China Development Bank is now offering. One source said that the rate will be more than 2.45% and less than the rate of 2.8% that Bank of East Asia (BEA)<0023>, Hong Kong's fifth biggest lender, is now offering.</P><P>In late June, HSBC China issued RMB 1 billion in two-year floating-rate bonds to institutional investors in Hong Kong, according to an earlier report from China Knowledge.</P><br>Copyright © 2009
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    Asustek eyes mainland Published: 25 Aug 2009 08:02:01 PST<p class="authorInfor"></p><p>Taiwan’s Asustek is pinning its recovery hopes on emerging markets such as the Chinese mainland as the pioneer of netbooks struggles to compete with bigger rivals.</p><p>Asustek plans new product launches, set for the second half of the year, to help it stem the decline in revenue, as it takes a beating due to the increasing popularity of low-cost netbook PCs.</p><p>Pioneered by Asustek in 2007, netbooks have been released by other brands such as HP, Acer and Dell, dealing severe blows to Asustek. Nokia said Monday it would start to make netbooks, entering a fiercely competitive but fast-growing market.</p><p>Agencies
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    Hang Sen capsule filler g Index down 0.31% on Fri<br>
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    Hang Seng Index down 0.31% on FriPublished: 16 Oct 2009 01:00:41 PST<p class="authorInfor"></p><!--begin CK content--><ul class="narrow">Top 5 News From ChinaKnowledge.comBYD posts 88% growth in sales for SepChina's power use up 10.24% in SepGE Asset raises stake in China South Locomotive to 8%DBS retains "buy" rating for Henderson Land Dev'tHon Hai to invest in real estate project in Chengdu: report<P>Oct. 16, 2009 (China Knowledge) - Hong Kong stocks fell on Friday. The Hang Seng Index, the benchmark, opened 138 points higher at 22,138. After touching the intraday low of 21,899.17 points, the blue-chip Hang Seng Index fell 69.18 points or 0.31% to close at 21,929.9.</P><P>Mainboard turnover rose to HK$68.64 billion. </P><P>The Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange, slid 108.25 points or 0.84% to 12,751.46 points. </P><P>Market heavyweight HSBC Holdings Plc<0005><HBC>, which accounts for the largest weighting for the Hang Seng Index, increased 0.56% to HK$90.2. </P><P>China.com Inc<8006> surged 44.5% to HK$5.78. OP Financial Investments Ltd<1140> soared 37.08% to HK$1.22. </P><P>Airline stocks ended lower. Air China Ltd<601111><0753> fell 6.21% to HK$4.38. China Eastern Airlines Co Ltd<600115><0670><CEA> went down 5.31% and closed at HK$2.32. Cathay Pacific Airways Ltd<0293> fell 0.15% to HK$13.4.</P><P>Insurance stocks ended mixed. Top insurer China Life Insurance<601628><2628><LFC> rose 1.12% to HK$36; while smaller rival Ping An Insurance<601318><2318> slid 0.07% to HK$66.9. PICC Property & Casualty Co Ltd<2328> slipped 1.44% to HK$5.49. China Insurance International Holdings Co<0966> fell 2.02% to HK$24.3.<BR></P><br>Copyright © 2009
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    Posted 6 months ago #
  5. mn33nm
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    City Int capsule filler roduction of Guangdong, China: Guangzhou<br>
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    City Introduction of Guangdong, China: GuangzhouPublished: 10 Apr 2009 16:39:35 PST<p class="authorInfor"></p><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City w:st="on"><st1:place w:st="on">Guangzhou</st1:place></st1:City><?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /></P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"></P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">Major Economic indicators (2007)</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 10pt; TEXT-ALIGN: left; mso-pagination: widow-orphan; mso-char-indent-count: 1.0" align=left>Land Area</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><st1:chmetcnv w:st="on" UnitName="km" SourceValue="7435" HasSpace="True" Negative="False" NumberType="1" TCSC="0">7,435 km</st1:chmetcnv>2</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 10pt; TEXT-ALIGN: left; mso-pagination: widow-orphan; mso-char-indent-count: 1.0" align=left>Population</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left>10.0 million</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 10pt; TEXT-ALIGN: left; mso-pagination: widow-orphan; mso-char-indent-count: 1.0" align=left>GDP</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left>RMB 705.1 billion (US$93.7 billion)</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 10.05pt; TEXT-ALIGN: left; mso-pagination: widow-orphan; mso-char-indent-count: 1.0" align=left>GDP Composition</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 10pt; TEXT-ALIGN: left; mso-pagination: widow-orphan; mso-char-indent-count: 1.0" align=left>Primary Industry (Agriculture)</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">2.3%</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 10pt; TEXT-ALIGN: left; mso-pagination: widow-orphan; mso-char-indent-count: 1.0" align=left>Secondary Industry</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 10pt; TEXT-ALIGN: left; mso-pagination: widow-orphan; mso-char-indent-count: 1.0" align=left>(Industry&Construction)</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">39.9%</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 10pt; TEXT-ALIGN: left; mso-pagination: widow-orphan; mso-char-indent-count: 1.0" align=left>Tertiary Industry(Service)</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">57.8%</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 10pt; TEXT-ALIGN: left; mso-pagination: widow-orphan; mso-char-indent-count: 1.0" align=left>GDP Per Capita</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">RMB70,186 (US$9,331) </P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 10pt; TEXT-ALIGN: left; mso-pagination: widow-orphan; mso-char-indent-count: 1.0" align=left>Unemployment Rate</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">2.2%</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 10pt; TEXT-ALIGN: left; mso-pagination: widow-orphan; mso-char-indent-count: 1.0" align=left>Fixed Asset Investment</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">RMB 186.3 billion, 9.8% up</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 10pt; TEXT-ALIGN: left; mso-pagination: widow-orphan; mso-char-indent-count: 1.0" align=left>Utilized FDI</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">US$3.3 billion, 12.4% up</P><P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 10pt
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  6. mn33nm
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    Taiwan's capsule filler export orders post first fall in 6 years<br>
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    Taiwan's export orders post first fall in 6 yearsPublished: 25 Nov 2008 02:11:09 PST<p class="authorInfor"></p><!--begin CK content--><p>Nov. 25, 2008 (China Knowledge) - Taiwan's export orders are going through a fall for the first time in six years in October as overseas demand continued to weaken, sources reported. </p><p>Export orders in October totaled US$30.41 billion, representing a year-on-year decrease of 5.56%, which mainly dragged down by shrinking demand for computer chips, laptops and handsets.</p><p>Orders from the U.S. dropped 6.99% from a year earlier to US$7.05 billion, while that from mainland China and Hong Kong plummeted 22.84% to US$6.74 billion.</p><p>According to a statement by the Taiwanese authorities, Taiwan's economy will follow Hong Kong, Japan and Singapore into recession in the fourth quarter of this year.
    </p>
    Copyright © 2008
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    Send feedback or comments to: news@chinaknowledge.com

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    Hang Seng Index shed 1.19% in morning sessionPublished: 24 Nov 2008 01:56:15 PST<p class="authorInfor"></p><!--begin CK content--><p>Nov. 24, 2008 (China Knowledge) - Hong Kong stocks Monday fell 150.68 points or 1.19% to end the morning session at 12,508.52 points, with mainboard turnover standing at HK$20.42 billion.</p><p>Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange, edged down 21.32 points or 0.33% to 6,403.65 points.</p><p>Market heavyweight HSBC Holdings Plc<5><HBC>, which accounts for the largest weighting for the Hang Seng Index, dropped 1.82% to HK$75.65. </p><p>Another market heavyweight China Mobile<941><CHL>, the largest firm by capitalization in the Hong Kong market, lost 2.22% to HK$66.00.</p><p>Sinopec<600028><386><SNP>, Asia's largest oil refiner fell 1.14% to HK$4.34 while PetroChina<601857><857><PTR>, the country's largest oil producer and also involved in refining business, dropped 1.98% to HK$5.46. </p><p>Industrial & Commercial Bank of China (ICBC)<601398><1398> ended flat at HK$3.35.</p><p>Top insurer China Life Insurance<601628><2628><LFC> slid 2.34% to HK$19.18.
    </p>
    Copyright © 2008 www.chinaknowledge.com

    Send feedback or comments to: news@chinaknowledge.com

    For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today:

    To access our page on Bloomberg, type CKFI <go><!--end CK content--></go><!-- right Begin -->Related TopicsChina News
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  8. mn33nm
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    Hang Sen capsule filler g Index shed 1.19% in morning session<br>
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    Hang Seng Index shed 1.19% in morning sessionPublished: 24 Nov 2008 01:56:15 PST<p class="authorInfor"></p><!--begin CK content--><p>Nov. 24, 2008 (China Knowledge) - Hong Kong stocks Monday fell 150.68 points or 1.19% to end the morning session at 12,508.52 points, with mainboard turnover standing at HK$20.42 billion.</p><p>Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange, edged down 21.32 points or 0.33% to 6,403.65 points.</p><p>Market heavyweight HSBC Holdings Plc<5><HBC>, which accounts for the largest weighting for the Hang Seng Index, dropped 1.82% to HK$75.65. </p><p>Another market heavyweight China Mobile<941><CHL>, the largest firm by capitalization in the Hong Kong market, lost 2.22% to HK$66.00.</p><p>Sinopec<600028><386><SNP>, Asia's largest oil refiner fell 1.14% to HK$4.34 while PetroChina<601857><857><PTR>, the country's largest oil producer and also involved in refining business, dropped 1.98% to HK$5.46. </p><p>Industrial & Commercial Bank of China (ICBC)<601398><1398> ended flat at HK$3.35.</p><p>Top insurer China Life Insurance<601628><2628><LFC> slid 2.34% to HK$19.18.
    </p>
    Copyright © 2008 www.chinaknowledge.com

    Send feedback or comments to: news@chinaknowledge.com

    For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today:

    To access our page on Bloomberg, type CKFI <go><!--end CK content--></go><!-- right Begin -->Related TopicsChina News
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    UPDATE 2 capsule filler -Banks agree on T$3 bln loan for Taiwan's ProMOS<br>
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    UPDATE 2-Banks agree on T$3 bln loan for Taiwan's ProMOSPublished: 16 Feb 2009 18:00:46 PST<p class="authorInfor"></p><p> TAIPEI, Feb 16 - A Taiwan banking consortium hasagreed to give a new T$3 billion ($88 million) loan tostruggling DRAM maker ProMOS, which needs the money to help payoff bonds, the lead bank in the syndicate said on Monday.</p> <p> Investors had bet that ProMOS Technologies Inc, Taiwan'sNo.3 maker of dynamic random access memory (DRAM) chips, wouldget additional funds, sending ProMOS shares 7 percent higher totheir daily limit on Monday. However, the loan is T$2 billionless than ProMOS originally planned to borrow.</p> <p> "Eight banks held a meeting to discuss and initially agreedto lend the money to the company to help its need for cash topay off its overseas convertible bond," Bank of Taiwan said in astatement, following a closed-door meeting.</p> <p> Of the total loan, state-owned Bank of Taiwan would lendT$700 million to ProMOS, although the lending still needs finalapproval from each banks' board, the statement said.</p> <p> ProMOS has been scrambling for cash to help repay a T$11billion overseas convertible bond it issued on Feb. 14, 2007.</p> <p> However, the maker of DRAM chips, used mainly in computers,said it would allow holders of the bonds to sell back the notesstarting on Tuesday, as the struggling company scrambles to findmoney for the potential redemption.</p> <p> Originally, bondholders could exercise on Saturday a putoption to sell back the bonds, but since the deadline falls on aweekend and it is a holiday in the United States on Monday, anyexercise will begin from Tuesday.</p> <p> The Bank of Taiwan has been taking the lead in thenegotiations for the loan, and local media said the talks hadbeen dragged on until Monday to put pressure on the bondholdersto accept a discount for the amount of money they are owed.</p> <p> Earlier on Monday, Susan Chang, chairwoman of the Bank ofTaiwan, told reporters that if the banks could not reach adecision today, it might be too late for ProMOS to pay back thebond.</p> <p> "In the past several weeks, we've been looking for money. Ifwe can't get the loan, we really don't know what the next stepwill be," ProMOS spokesman Ben Tseng told Reuters by phone.</p> <p> ProMOS' urgent need for new funds comes as the governmenttries to organise an overhaul of the struggling DRAM sector, toput the industry on a more solid long-term footing.</p> <p> ProMOS and larger local rivals Powerchip and NanyaTechnology have been in the red in the past several quarters dueto a larger oversupply of DRAM chips, which has dragged priceslower.</p> <p> If ProMOS fails to get the new loan to repay the bonds, thecompany could possibly breach some of the financial convenantsof its previous syndicated loans, some banking sources said.</p> <p> A banking industry source told Reuters that a group ofdomestic banks had agreed to hold off redeeming millions ofdollars of the ProMOS bonds they hold. (Reporting by Baker Li; Editing by Simon Jessop) </p>
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    Shanghai Futures Exchange tests for steel futures tradingPublished: 17 Mar 2009 18:23:36 PST<p class="authorInfor"></p><!--begin CK content--><P>Mar. 18, 2009 (China Knowledge) - The Shanghai Futures Exchange (SHFE) will test a system for reinforcement-bar and wire-rod futures trading from Mar. 19 to Mar. 25, in a move to expand the range of contracts it provides, the Shanghai Daily reported.</P><P>The test will involve simulations without any real trade taking place, said SHFE in a statement on its website, adding the exchange will set a daily fluctuation cap of 5%.</P><P>The deposit for traders will be 7% of the contracts and the trading fee will be up to 0.02% of the contract price.</P><P>According to China Knowledge's earlier report, SHFE had planned to launch the steel futures trading on the mainland after the Lunar New Year.</P><P>The Chinese futures exchange will team up with the Dubai Gold and Commodities Exchange, India's National Commodity & Derivatives Exchange and the Multi Commodity Exchange of India, as well as the London Metals Exchange and Chicago Mercantile Exchange to jointly launch the trading. <BR></P><br>Copyright © 2009
    www.chinaknowledge.com<br><br>Send feedback or comments to: news@chinaknowledge.com<br><br>For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: <br><br>To access our page on Bloomberg, type CKFI <GO></p><!--end CK content--><!-- right Begin -->Related TopicsChina News<br/><map name="Map" id="Map"></map><!-- right end-->lithium polymer sofa legs CFD クレジット 現金化 摆线针轮减速机 混合机 木托盘 <br>

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    New fund capsule filler for small and medium-sized enterprises in China<br>
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    New fund for small and medium-sized enterprises in ChinaPublished: 16 Dec 2009 19:51:16 PST<p class="authorInfor"></p><!--begin CK content--><ul class="narrow">More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial Market<P>Dec. 17, 2009 (China Knowledge) - HSBC Jintrust Fund Management Co, a joint venture between HSBC Global Asset Management and Shanxi Trust and Investment Corp, said yesterday that it has raised RMB 2.25 billion for a new fund which focuses on small and medium-sized companies listed in domestic stock exchanges.</P><P>HSBC Jintrust Small-Mid Cap Equity Fund, established on Dec. 8, will invest between 85% and 95% of its funds in equity markets. The new fund will invest in the consumption sector, export-related industries such as electronics and textiles, as well as energy saving and environmental protection industry.</P><P>Shanghai-based HSBC Jintrust said that China launched nine open-ended actively managed equity and balanced funds with an average size of RMB1.98 billion in October and November.</P><P>HSBC Jintrust, set up in November 2005, has a registered capital of RMB 200 million.<BR></P><br>Copyright © 2009
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    Li Ka-sh capsule filler ing raises stake in Cheung Kong to 41.07%<br>
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    Li Ka-shing raises stake in Cheung Kong to 41.07%Published: 07 Dec 2009 01:15:07 PST<p class="authorInfor"></p><!--begin CK content--><ul class="narrow">More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial Market<P>Dec. 7, 2009 (China Knowledge) - Hong Kong business tycoon Li Ka-shing, chairman of Cheung Kong (Holdings) Ltd<0001>, has raised his stake in Cheung Kong to 41.07% from the previous 40.97%, according to a statement the property developer filed with the Hong Kong Stock Exchange.</P><P>Data from the bourse operator showed that Li on Dec. 2 bought 2.28 million shares in the real estate developer at an average share price of HK$99.13 apiece. </P><P>On Nov. 30, Li, who is also chairman of Hutchison Whampoa Ltd<0013>, bought 128,000 shares of Cheung Kong at HK$97.57 apiece.</P><P>Li spent a total of HK$238 million on the two deals. </P><P>Cheung Kong realized sales revenue of HK$3.5 billion within ten days after the launch of its Le Prime project, China Knowledge reported earlier.<BR></P><br>Copyright © 2009 www.chinaknowledge.comChengdu apartment Waterproof socks FX 初心者 クレジット 現金化 草原旅游 混合机 乳化机 <br>

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    Alibaba. capsule filler com, Melbourne IT sign deal to jointly enter SMB market<br>
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    Alibaba.com, Melbourne IT sign deal to jointly enter SMB marketPublished: 11 Dec 2008 02:26:07 PST<p class="authorInfor"></p><!--begin CK content--><p>Dec. 11, 2008 (China Knowledge) - Alibaba. com Ltd<1688>, China's leading B2B e-commerce portal, announced it signed a reseller agreement with Melbourne IT Ltd, to jointly enter the small and medium business (SMB) market in Australia and New Zealand, the Shanghai Daily reported on Wednesday.</p><p>Under the terms of the agreement, Melbourne IT will sell Alibaba's TrustPass Service to clients, which offers third-party verification and authentication of the seller's business to give buyers confidence. Alibaba.com states that more than 85% buyers in the Alibaba.com marketplace only trade with TrustPass-verified sellers. </p><p>"This alliance is an exciting development that will allow us to help our customers tap into overseas markets by leveraging the extensive B2B network that Alibaba.com has established in key supplier markets like China and buyer markets like the U.S.," said Mr. Theo Hnarakis, Melbourne IT CEO and Managing Director.
    </p>
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    China To capsule filler the Rescue<br>
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    China To the RescuePublished: 31 Mar 2009 17:37:15 PST<p class="authorInfor">Author: Christian Thwaites
    </p><P>The emergence of China as the model for economic level-headedness is the latest in a period of bewildering ironies. While U.S. economic debate vacillates between complex asset repurchases and quasi-nationalization, China's response is both immediate and longer-lasting. </P><ul class=narrow>More From Forbes.com: In Pictures: The Best Countries For Business In Pictures: Top Billionaire Cities In Pictures: Brand Facelifts Your Virtual Presence Is Requested By The Numbers: Best Countries For Women <P>China, a one-party state with a centrally planned capitalist economy, is a living contradiction of liberal economics. But for the next three to five years, the prosperity of America rests closely on events in China. It is axiomatic that, because of China's $2 trillion of foreign exchange reserves, we depend on its goodwill to fund deficits. But the dependence runs deeper. From trade, security, diplomacy and competitiveness, we are unlikely to grow unless China prospers. Fortunately the signs are good, for two short-term--and one very compelling long-term--reasons.</P><P>A Fast Economic Stimulus. At nearly $600 billion and 18% of GDP, the Chinese plan unveiled in November is proportionally the largest in the world. It is also focused and sprinkled with generous tax cuts. The results took less than three months to arrive. Spending on infrastructure, low-income housing and technology is already moving sharply ahead from late 2008 levels. Compare this to the extended projects in the U.S. $787 billion stimulus that will have little effect until 2011. The Chinese style of direct, targeted and lower taxes inspires greater confidence than the opacity, diffusion and higher taxes of the U.S. version.</P><P>Stabilize then Grow Consumer Demand. China is aware that, in a world recession, it cannot export its way to growth. The package contains little in the way of export promotion. Years of double-digit GDP growth have not met the demands of its population for goods, services, housing and health care. So the government implemented $80 billion of tax cuts, increased social security benefits and spending vouchers. The multiplier effect is immediate. Chinese consumers, with little or no non-mortgage debt, should start to spend at a rate 11% greater than 2008. The Chinese consumer's share of GDP at 30% compares to the West's of 80%. It will not take much to change behavior and release spending power into the economy.</P><P>The New Africa. As one commentator, Richard Dowden, has noted, "whereas the West sees Africa as the place to make poverty history, the Chinese see it as a place to make money." China treats Africa differently, not as an impoverished threat but as a long-term business opportunity. In less than 10 years, China has locked up long-term supplies of oil, copper and other key raw materials and commodities. They trade not only with obvious resource-rich counties like Angola, Zambia and Equatorial Guinea, but also troubled states like Congo, Sudan and highly fertile Ethiopia, Uganda and Tanzania. They have diplomatic representation in 49 African capitals. Westerners complain. But the Chinese invest where angels fear to tread, and the result is higher levels of investment than all NGOs have mustered in 50 years. President Hu Jintao recently concluded his sixth visit to the continent, to countries unlikely ever to be on even a junior State Department associate's itinerary. For the next five years, China and Africa will be inextricably linked and increasingly independent of Western economic malaise.</P><P>The stimulus package from Beijing is the most promising opportunity to reinvigorate world demand. The measures will help ensure growth of the Chinese economy by 8% in 2009, a current account in surplus of $180 billion a year and bank solvency. The markets like it. Since President Obama's election, the S
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    Indonesi capsule filler a's PT Kaltim Prima Coal agrees to sell coal to China<br>
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    Indonesia's PT Kaltim Prima Coal agrees to sell coal to ChinaPublished: 25 Mar 2009 00:02:48 PST<p class="authorInfor"></p><!--begin CK content--><P>Mar. 25, 2009 (China Knowledge) - PT Kaltim Prima Coal (KPC), a subsidiary of Indonesia's largest miner, PT Bumi Resources Tbk, last week signed an agreement to supply thermal coal to China for five years, said Evan Ball, director of KPC at a mining conference in Singapore, sources reported.</P><P>According to the five-year agreement, KPC will sell 1 million tons of coal to China in the first year and 2 million tons in the second year, eventually increasing to 5 million tons, said Evan Ball, adding that the prices will be set in accordance with the market spot price.</P><P>Chinese coal imports in February surged 73% year on year to 4.88 million tons, the highest volume recorded in the last 22 months, or an increase of 63% from January, due to the falling prices of imported coal, according to an earlier report from China Knowledge.<BR></P><br>Copyright © 2009 www.chinaknowledge.com<br><br>Send feedback or comments to: news@chinaknowledge.com<br><br>For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: <br><br>To access our page on Bloomberg, type CKFI <GO></p><!--end CK content--><!-- right Begin -->Related TopicsChina News<br/><map name="Map" id="Map"></map><!-- right end-->内蒙古旅游 dental bearings MBA クレジットカード 現金化 大阪 电磁流量计 即日 融資 乳化机 <br>

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    Foshan P capsule filler lastics, BYD to increase investment in JV<br>
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    Foshan Plastics, BYD to increase investment in JVPublished: 21 Oct 2009 23:33:00 PST<p class="authorInfor"></p><!--begin CK content--><ul class="narrow">More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial Market<P>Oct. 22, 2009 (China Knowledge) - Foshan Plastics Group Co Ltd<000973>, a plastic product producer located in Foshan, Guangdong Province, yesterday announced that it and BYD Co Ltd<1211> will inject a total of US$5.24 million into a joint venture called Foshan Jinhui Hi-tech Optoelectronic Material Co Ltd for investment in a RMB 105-million plant that will produce membranes for Lithium-ion batteries. </P><P>The Shenzhen-listed firm, which holds a 55% stake in the joint venture, intends to invest US$2.89 million, while BYD, which holds a 45% stake, will contribute US$2.36 million.</P><P>In addition, the senior officers and major technicians of the JV will set up a management firm, which will invest US$1.88 million in the JV to become a new shareholder. However, the statement did not disclose the new share proportion after the investment. </P><P>The plant, which will be completed in 18 months, will have an annual output of 45 million cubic meters or 542 tons. It will generate an estimated RMB 229.03 million in sales revenue every year, and after-tax profit will be RMB 62.5 million. </P><P>Reportedly, Foshan Plastics Group is selling three commercial properties in Chancheng District, Foshan. The properties, which cover a land area of 176.59 Mu or 1.18 million square meters, had a book value of RMB 40.6 million in total as of Sep. 30. <BR></P><br>Copyright © 2009
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    China se capsule filler ts up national forestry equity exchange<br>
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    China sets up national forestry equity exchangePublished: 23 Nov 2009 17:06:06 PST<p class="authorInfor"></p><!--begin CK content--><ul class="narrow">More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial Market<P>Nov. 24, 2009 (China Knowledge) - China Forestry Equity Exchange, a trading platform of forestry rights and resources in the country, was set up in Beijing on Monday, the Shanghai Securities News reported.</P><P>The state-owned exchange, with a registered capital of RMB 100 million, is part of the Chinese government's effort to facilitate the sustainable development of forestry resources and respond to the global climate exchange.</P><P>The exchange will provide a wide range of services such as forestry equity information enquiry, custody, assets assessment, and financing, etc, which are expected to help build a transparent and just trading mechanism in the forestry industry.<BR></P><br>Copyright © 2009
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    Lenovo h capsule filler opes to sell 5 mln PCs via rural China program<br>
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    Lenovo hopes to sell 5 mln PCs via rural China programPublished: 08 Mar 2009 23:00:00 PST<p class="authorInfor"></p><!--begin CK content--><P>Mar. 9, 2009 (China Knowledge) - Lenovo Group Ltd<992><LNVGY>, the fourth largest PC manufacturer in the world, aims to sell 5 million PCs in rural areas of China during the next three years, said Liu Chuanzhi, chairman of Lenovo, sources reported.</P><P>In accordance with the plan issued by China's Ministry of Finance (MOF) and the Ministry of Commerce (MOC) on Mar. 5, Lenovo provided 15 customized computer models with prices ranging from RMB 2,500 to RMB 3,500 each.</P><P>Xia Li, vice president of Lenovo Group, said the company could supply PCs to 320,000 villages, thus benefiting 5 million village families.</P><P>Lenovo estimated that the government's subsidy program would boost the PC industry's sales revenue by RMB 10 billion, or around 5% of the annual total. </P><P>Lenovo's rivals Hewlett-Packard Co (HP) and Dell Inc have also been invited to participate in the program and are likely to do so.<BR></P><br>Copyright © 2009
    www.chinaknowledge.com<br><br>Send feedback or comments to: news@chinaknowledge.com<br><br>For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: <br><br>To access our page on Bloomberg, type CKFI <GO></p><!--end CK content--><!-- right Begin -->Related TopicsChina News<br/><map name="Map" id="Map"></map><!-- right end-->分散机 miniature bearings XP系统下载 クレジットカード現金化 法律翻译 简历翻译 上海翻译 <br>

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    Push mad capsule filler e for faster retail growth<br>
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    Push made for faster retail growthPublished: 29 Nov 2009 13:02:01 PST<p class="authorInfor"></p><p>China will strive for a higher growth rate for retail sales in 2010 with a bigger contribution to next year's GDP increase, the Ministry of Commerce (MOC) said Saturday.

    Consumption was the key driving force for China's economic recovery in 2009, said the vice minister of commerce at a forum in Beijing.

    The country's economy grew 8.9 percent year-on-year in the third quarter this year, accelerating from 7.9 percent in the second quarter and 6.1 percent in the first quarter, according to the National Bureau of Statistics (NBS).

    The MOC will take measures to boost both rural and urban consumption in 2010 to push up economic growth, said the vice minister.

    He said the MOC will expand the "old-for-new" program to encourage more consumers to buy new cars and home appliances on a basis of discount if they trade in their old ones to sellers.

    Credit consumption and sales promotion, especially those during holidays, will also be encouraged by the MOC, according to the vice minister.

    The country's retail sales are predicted to increase 18.2 percent year on year in 2010, boosted by domestic consumption and income growth, according to a recent report by Beijing-based People's University of China.

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