maandag, mei 31, 2004

 

CNPC makes biggest oil find in a decade

China's biggest oilfield discovery in a decade has been made in northwestern China's Gansu Province, the China National Petroleum Corp (CNPC) has revealed. According to Monday's China Daily, The new supply of 'black gold' is expected to help stabilize domestic supplies as production declines at most of the nation's ageing oilfields. (bron: Xinhuanet)
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vrijdag, mei 28, 2004

 

Shenzhen exchange launches SME board

Privately funded Zhejiang NHU Co Ltd announced the first initial public offering (IPO) on the country's new board for small start-ups shortly after its official launch yesterday. The IPO was announced hot on the heels of the grand inauguration ceremony to launch Shenzhen Stock Exchange's small and medium-sized enterprise (SME) board yesterday afternoon. (bron: Xinhuanet)
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China to be world's largest IT market in 5 years

China is expected to become the largest information technology (IT) market in the world in the next five years, according to an official from the Ministry of Information Industry (MII). (bron: Xinhuanet)
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Chinese havens rukken verder op

De Chinese havens groeien als kool en lopen in op Rotterdam, de grootste haven ter wereld. Uit cijfers van het Chinese ministerie van Communicatie blijkt dat de tien grootste Chinese havens vorig jaar liefst 12 tot 40 procent meer overslag hadden dan in 2002. (bron: De Financiële Telegraaf)
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woensdag, mei 26, 2004

 

China to nurture more transnationals

China will further promote the 'going global' strategy and nurture more transnational companies, senior officials said here Tuesday. (bron: Xinhuanet)
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China's industrial profits up 45.7 pct in first four months

China's industrial firms reported 334.2 billion yuan (40.4 billion US dollars) in profits in the first four months this year, up 45.7 percent from a year earlier, according to a monthly report released by the National Bureau of Statistics (NBS). (bron: Xinhuanet)
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zondag, mei 23, 2004

 

China's foreign trade to grow 17 pc

China's foreign trade is expected to grow 17 per cent in 2004 and the volume will cross an all-time high of $1,000 billion, a report released by the Ministry of Commerce said here. (bron: The Times of India)
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China Mobile adds 3 million subscribers

China Mobile (Hong Kong), the world's biggest mobile phone operator by subscriber numbers, said it added 3.02 million subscribers in April following rapid growth in low-spending users. It was the third consecutive month the company had posted a subscriber growth of more than three million due to its strategy to target low-end customers. (bron: The Standard)
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dinsdag, mei 18, 2004

 

ABN AMRO - India Open end Certificaat

Met het ABN AMRO India Open end Certificaat kunt u op de Amsterdamse beurs beleggen in de Indiase economie.
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Beurs India valt door angst voor linkse regering

De handel op de beurs in Bombay is maandag opgeschort nadat de koersen met meer dan 15 procent waren gekelderd. De grootste crash uit de geschiedenis van de Indiase beurshandel werd veroorzaakt door de angst van beleggers dat een nieuwe, links georiënteerde regering onder leiding van de Congrespartij een einde maakt aan de economische hervormingen. (bron: De Financiële Telegraaf)
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maandag, mei 17, 2004

 

Intereffekt China Warrant Fund

Intereffekt brengt het China Warrant Fund op de markt. Een beleggingsfonds dat voornamelijk belegt in call-warrants van Chinese bedrijven met een notering op de beurs van Hong Kong. Inschrijving staat open tot 27 mei.
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zaterdag, mei 15, 2004

 

Terug van vakantie

Na twee vakantie ben ik vandaag begonnen met het plaatsen van nieuwsberichten uit die periode.
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China reports 15.9 percent growth in private bank deposits

Private bank deposits on the Chinese mainland grew by 15.9 percent year-on-year to 11.9 trillion yuan (1.45 trillion US dollars) by the end of April, according to the country's central bank. (bron: Xinhuanet)
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Industrial output up 19.1% in April

China's industrial output increasedby 19.1 percent year-on-year in April, according to statistics released by the National Statistics Bureau (NBS) on Thursday. (bron: Xinhuanet)
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vrijdag, mei 14, 2004

 

3.8pc jump in prices adds to China alarm

Inflation in China rose last month at the fastest pace in seven years, to a higher-than-expected 3.8 per cent annually, calling into question Beijing's ability to bring its rampaging economy under control. The rise in the consumer price index (CPI) was led by continuing price rises for grains, according to figures released by the National Bureau of Statistics. (bron The Standard)
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China to limit lending as prices keep rising

China ordered banks on Friday to restrict loans to industries including petrochemicals, textiles and pharmaceuticals, widening a credit crackdown aimed at curbing investment and reining in price increases. The order, posted on the Web site of the State Development and Reform Commission, expands the scope of the government’s lending curbs, which until now had focused on the steel, cement, aluminum and real estate industries. China is stepping up efforts to cool investment in factories and other fixed assets after a report on Friday showed that inflation surged to a seven-year high of 3.8 percent in April. (bron International Herald Tribune)
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donderdag, mei 13, 2004

 

If China's soaring economy has a hard landing, the rest of the world will feel the bump

A FASCINATING drama is about to be played out in the world's biggest country. China's economy is growing too fast for comfort, and the country's leaders know it. In recent weeks they have promised forceful measures to cool things down, but it is not clear what they will or can do. Rumours are rife that China's central bank may raise interest rates for the first time in nine years. (bron Economist.com)
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dinsdag, mei 11, 2004

 

China smart phone sales soar

Sales of so-called smart phones, which can handle data and video, are rocketing on the mainland with purchases in the second quarter expected to rise above one million units. (bron: The Standard)
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maandag, mei 10, 2004

 

China, India loom large for Labor

AUSTRALIA'S ties with the emerging economic powerhouses of China and India would be substantially boosted as part of a radical shift in foreign policy under a Labor government. Releasing the first details on how Labor would rebalance Australia's foreign policy priorities, Labor foreign affairs spokesman Kevin Rudd told a Sydney conference at the weekend that Labor would boost economic, strategic, trade and investment ties with both countries. (bron: The Australian)
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donderdag, mei 06, 2004

 

China and EU will have world’s biggest trade relationship

The Commission President Romano Prodi has predicted that China and the EU will have the biggest trade relationship in the world. Mr Prodi’s comments could signal a shift in geopolitical focus - a move to diversify away from the transatlantic partnership that has traditionally been seen as Europe’s most important trade relationship. (
bron: EUobserver)
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woensdag, mei 05, 2004

 

ECONOMISTS SAY CHINA AIMS FOR SOFT LANDING

China’s high-flying economy appears to be heading toward a slowdown, as economists debate whether a hard landing will come and how serious it will be, RFA reports. Pressure on the economy has been mounting over the last year despite a series of warnings from the cabinet-level State Development and Reform Commission (SDRC). Economic growth and investment rates have far exceeded government forecasts and guidelines this year. (bron: Radio Free Asia)

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First State sees China pace slowing to 8pc

China will post slower economic growth of 7 to 8 per cent this year as a result of fiscal rather than monetary policy, according to asset management firm First State Investments. Martin Lau, the firm's director of Greater China equities, said if the recent measures taken to cool the economy proved ineffective, more stringent measures can be expected from Beijing. ``These measures will affect short-term sentiment in the markets,'' he said. (bron: The Standard)

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zaterdag, mei 01, 2004

 

The China syndrome

IT can be called the China syndrome and it has Australia on the edge of a generational shift in our economy. During the past decade, China has emerged as a global manufacturing powerhouse. With a seemingly limitless pool of cheap labour being sucked into ever larger factories, China Inc is changing the nature of international trade. It is selling a vast array of increasingly complex products into a growing global marketplace. And it is doing so at relentlessly lower prices. And that is very good for Australia. (bron: The Australian)
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