2009 October

Politics and Economics

Replacing the U.S. Consumer: Is China Up To The Job?

Replacing the U.S. Consumer: Is China Up To The Job? The Wall Street Journal, 29/10/2009

China’s rapid growth is leading the recovery in the Asian and world economies, the International Monetary Fund says in its latest regional economic outlook. The fund now forecasts China will grow...

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Politics and Economics

Maybe the golden time is up for 'Made in Taiwan'

Maybe the golden time is up for 'Made in Taiwan' The Globe and Mail, 28/10/2009

Made in Taiwan. Not so long ago, those three words were nearly as ubiquitous on toys, electronics and other products as "batteries not included."
But as this tiny island of 23 million...

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Politics and Economics

China faces 'economic slowdown' in 2010

China faces 'economic slowdown' in 2010 The Telegraph, 26/10/2009

A massive government stimulus package and more than $1 trillion (£613bn) of new bank lending helped the Chinese economy jump 8.9pc in the third quarter. However, Mr Roach warned that China still...

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Politics and Economics

China risks property ‘bubbles’ for economy

China risks property ‘bubbles’ for economy Bloomberg, 22/10/2009

China is risking property-market “bubbles” to encourage growth in the world’s third-largest economy, according to former Morgan Stanley Asian economist Andy Xie.
“People are looking...

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Politics and Economics

China economic growth accelerates

China economic growth accelerates BBC, 22/10/2009

China has said it is on track to hit its growth target of 8% this year, after the economy grew 8.9% from a year ago in the third quarter.
The figure is up from the 7.9% rate seen in the...

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Politics and Economics

China promises to help exporters overcome economic woes

China promises to help exporters overcome economic woes Xinhua, 20/10/2009

A senior Chinese trade official has said the government must do more to help exporters overcome the economic downturn as recovery is still uncertain. Vice Commerce Minister Yi Xiaozhun said at the...

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Trade & Supply Chain

Euro chiefs express 'worries' over US, China export squeeze

Euro chiefs express 'worries' over US, China export squeeze AFP, 20/10/2009

The men who run the euro single currency expressed "worries" on Monday about being squeezed out of competition for exports by two of their main global competitors, the United States and China.

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Industry and Manufacturing

China's factories pick up speed, says statistics official

China's factories pick up speed, says statistics official The Wall Street Journal, 19/10/2009

China's industrial output growth in September outpaced the 12.3 per cent growth in August, China Business News reported today, citing comments made by Yao Jingyuan, chief economist of the...

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Industry and Manufacturing

Chinese export boom in evidence at trade show

Chinese export boom in evidence at trade show The New York Times, 15/10/2009

The mood of participants here at the world’s largest trade show on Thursday depended largely on how they were being affected by the weak American dollar.
As throngs of prospective buyers...

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Politics and Economics

Weak Dollar? Not So Much in China

Weak Dollar? Not So Much in China The New York Times, 15/10/2009

There is renewed talk about the weak dollar. But don’t believe it.
Where it really counts, the dollar is not moving at all.
In February, the dollar hit a high against most currencies...

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Politics and Economics

China shares up on renewed economic recovery hopes

China shares up on renewed economic recovery hopes BusinessWeek, 15/10/2009

Chinese shares rose for a third straight session Thursday on renewed hopes for the country's economic recovery, led by financial shares.
The benchmark Shanghai Composite Index tracked...

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Industry and Manufacturing

Activity picks up at major China export fair

Activity picks up at major China export fair AsiaOne, 15/10/2009

Buyers from across the world converged in strength on China's largest trade fair on Thursday in another sign of reviving Western demand for Chinese goods, a day after surprisingly robust export...

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Trade & Supply Chain

China slows falling trade in recovery hope

China slows falling trade in recovery hope The Times, 14/10/2009

Trade to and from China continued to fall in September but plunged less violently than at any time in the last nine months in a sign that the giant economy has been steered into full recovery mode.

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Trade & Supply Chain

In recession, China solidifies its lead in global trade

In recession, China solidifies its lead in global trade The New York Times, 13/10/2009

With the global recession making consumers and businesses more price-conscious, China is grabbing market share from its export competitors, solidifying a dominance in world trade that many...

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Industry and Manufacturing

China wants WTO to probe EU taxes on screw imports

China wants WTO to probe EU taxes on screw imports BusinessWeek, 12/10/2009

China said Monday that it will ask the World Trade Organization to examine whether European Union charges on imports of Chinese steel fasteners comply with international commerce rules.

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Politics and Economics

China stands firm against US market scramble

China stands firm against US market scramble Asia Times Online, 08/10/2009

As the United States talks about rebalancing global growth, China sees a covert agenda of trade protectionism. While Beijing seems to agree that there is a price to pay for its new ascent as a...

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Politics and Economics

China's wholesale market: Christmas starts here...

China's wholesale market: Christmas starts here... The Independant, 08/10/2009

If you were casting around for a place that encapsulates China's galloping economic power in a single gigantic image, you could do worse than head for Yiwu: a Chinese city on the central...

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Politics and Economics

Amid the global economic crisis, China rises

Amid the global economic crisis, China rises Associated Press, 08/10/2009

Explosive growth in China and India, coupled with Japan's clout as the world's No. 2 economy, has long been expected to shift economic power from the United States to Asia as this century...

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Politics and Economics

China's push for power is irresistible

China's push for power is irresistible The Independant, 07/10/2009

By the close of play last night, the gold price had hit an all-time high, oil was up sharply too, the dollar had suffered a corresponding fall, and the FTSE 100 index had risen 2 per cent despite...

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Politics and Economics

Gold sets new high, dollar rebounds

Gold sets new high, dollar rebounds Reuters, 07/10/2009

Gold set record highs for a second straight day on Wednesday, while the dollar rebounded against major currencies as optimism stoked by Australia's interest-rate hike the prior session...

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Politics and Economics

China pledges to continue supportive policies for economic rebound

China pledges to continue supportive policies for economic rebound Xinhua, 06/10/2009

China sees its economy on an upward trend and will continue to implement the proactive fiscal policy and moderately eased monetary policy to support growth as the rebound is yet to be stable, said...

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Politics and Economics

The end of the dollar spells the rise of a new order

The end of the dollar spells the rise of a new order The Independant, 06/10/2009

Last autumn's global financial crisis set off an economic earthquake. And we are still feeling the tremors. The latest sign of the ground shifting beneath our feet is our report today of plans...

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Industry and Manufacturing

China factories short of workers in Christmas run-up

China factories short of workers in Christmas run-up AFP, 04/10/2009

Chinese factories are racing to hire migrant workers laid off during the global crisis as they struggle to meet Christmas orders for Barbie dolls, iPods and designer jeans, say analysts and...

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Industry and Manufacturing

Xmas season orders don't bode well for Chinese exporters

Xmas season orders don't bode well for Chinese exporters China Stakes, 03/10/2009

The season for Christmas orders has passed, and Chinese exporters do not yet see the slightest trace of any rebound. The export market for Chinese goods next year shows no promise and is hovering...

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Politics and Economics

China to anchor Asia’s rebound

China to anchor Asia’s rebound The Telegraph, 01/10/2009

There is little doubt that China’s economy has started to turn the corner. The revival is yet another sign of the nation’s ability to overcome economic difficulties. This has given world...

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