2009 November

Politics and Economics

China pledges stable economic policy for next year

China pledges stable economic policy for next year Associated Press, 27/11/2009

Chinese leaders pledged Friday to stick to stimulus spending and easy credit to support growth next year, making clear their unease about the stability of China's nascent recovery from the...

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Politics and Economics

China sets first targets to curb world's largest carbon footprint

China sets first targets to curb world's largest carbon footprint The Guardian, 26/11/2009

The Chinese prime minister, Wen Jiabao, will attend the Copenhagen climate talks next month, the government said today, as it unveiled firm targets for curbing the world's biggest carbon...

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Politics and Economics

Taiwan’s economy contracts at slowest pace in year

Taiwan’s economy contracts at slowest pace in year Bloomberg, 26/11/2009

Taiwan’s economy contracted at the slowest pace in a year in the third quarter as rising Chinese demand for the island’s electronics signaled it may soon emerge from a yearlong recession.

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Politics and Economics

Wal-Mart standards fail in China, worker rights abused, report shows

Wal-Mart standards fail in China, worker rights abused, report shows China Labor Watch, 25/11/2009

Workers making shoes, Christmas lights, tools, curtains and paper boxes sold at Wal-Mart stores labor in illegal and degrading conditions. China Labor Watch's latest investigation of five...

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Politics and Economics

US lauds China for boosting toy safety standards

US lauds China for boosting toy safety standards AFP, 24/11/2009

The United States Monday praised Beijing for "taking toy safety seriously" two years after millions of made-in-China toys had to be recalled amid fears they were dangerous.
"The Chinese...

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Politics and Economics

Bail-outs would imperil democracy, warns IMF

Bail-outs would imperil democracy, warns IMF The Telegraph, 23/11/2009

Public opinion will not tolerate any further bail-outs, he told the CBI's annual gathering in London. "The political reaction will be very strong, putting some democracies at risk," he said.

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Politics and Economics

Taking a view on China emerging stronger

Taking a view on China emerging stronger Financial Times, 23/11/2009

Gordon Styles has strong views on who will emerge as the winners and losers in manufacturing from the global economic crisis. The British engineer emigrated to China four years ago to set up a new...

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Politics and Economics

How to redirect China’s hurtling economy

How to redirect China’s hurtling economy BusinessDay, 23/11/2009

Shooting down the highway from Qingdao airport to the centre of the coastal city last week, I had the usual impressions of a visitor to China. The roads were immaculate, the drive into town took a...

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Politics and Economics

CIT Group bankruptcy plan wins wide support

CIT Group bankruptcy plan wins wide support Reuters, 19/11/2009

CIT Group Inc (CITGQ.PK) has won overwhelming bondholder support for its reorganization plan, a critical step for the big finance company as it tries to emerge from bankruptcy by the end of the...

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Politics and Economics

Why is there a labour shortage in China?

Why is there a labour shortage in China? CSR Asia, 18/11/2009

Something strange is happening in China. First, Chinese factories started to lay off large numbers of workers due to the economic crisis late last year. Second, it’s peak manufacturing season now,...

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Trade & Supply Chain

US - China Trade: Prepare for Continued Imbalance

US - China Trade: Prepare for Continued Imbalance TIME, 17/11/2009

On Friday, as President Obama crossed the Pacific to begin his first trip to Asia, the Census Bureau released its monthly trade tally. The headline was that the U.S. trade deficit grew to $36.5...

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Politics and Economics

China trade ministry says yuan gains call ‘not fair’

China trade ministry says yuan gains call ‘not fair’ Bloomberg, 16/11/2009

China’s Ministry of Commerce said international pressure for appreciation in the yuan was “not fair,” as U.S. President Barack Obama started a four-day visit calling for a more balanced...

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Politics and Economics

China and US in trade skirmishes but full-blown trade war unlikely

China and US in trade skirmishes but full-blown trade war unlikely The Telegraph, 13/11/2009

After months of low-level tensions, Beijing and Washington stepped up the the rhetoric last week, just before an high-profile visit starting on Sunday by US President Barack Obama, signalling that...

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Politics and Economics

Demand for workers in China rises

Demand for workers in China rises The Wall Street Journal, 12/11/2009

Demand for workers in China picked up sharply in the third quarter of the year, a new official survey shows, adding to recent signs that the nation's economic recovery is improving conditions...

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Politics and Economics

China data shows world's workshop back in business

China data shows world's workshop back in business Reuters, 11/11/2009

Chinese factory output growth surged to a 19-month high in October, showing the world's third-largest economy has firmly put the worst of the global financial crisis behind it.
Other...

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Politics and Economics

China's economic miracle is a fragile one

China's economic miracle is a fragile one The Telegraph, 11/11/2009

Every economist has a favourite fact about the Chinese economy. Mine is this: every month the country generates so much surplus cash from trade that it could afford to go out and buy three of...

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Politics and Economics

Who Is a Bigger Credit Risk: China or the U.K.?

Who Is a Bigger Credit Risk: China or the U.K.? The Wall Street Journal, 10/11/2009

Fitch Ratings swiftly downplayed threats to the U.K.'s credit standing Tuesday after one of its analysts sent the pound into a tailspin by describing the country as the most vulnerable to a...

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Politics and Economics

China's Alibaba profit hit as it bets on expansion

China's Alibaba profit hit as it bets on expansion Reuters, 10/11/2009

Alibaba.com, China's largest e-commerce company, reported its worst profit in three quarters after betting on acquisitions and product development to tap the region's early recovery from...

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Politics and Economics

Obama: strains unless US, China balance growth

Obama: strains unless US, China balance growth Reuters, 09/11/2009

The United States sees China as a vital partner and competitor, but the two countries need to address economic imbalances or risk "enormous strains" on their relationship, President Barack Obama...

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Politics and Economics

Where buyers, sellers meet, China offers signs of hope

Where buyers, sellers meet, China offers signs of hope The Globe and Mail, 06/11/2009

In 20 years of travelling to China to do business, Hasan Ipek has learned to take the historic halls of the Canton Fair as a barometer for the country's economy.
This spring, when the...

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Politics and Economics

World Bank: China Recovery Picking Up, Tightening Ahead

World Bank: China Recovery Picking Up, Tightening Ahead The Wall Street Journal, 04/11/2009

China's economy is likely to pick up somewhat next year, the World Bank said Wednesday, setting the stage for the government to withdraw some of its pro-growth policies.
But analysts say...

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Industry and Manufacturing

Signs Of Global Recovery Reinforced By Manufacturing Data

Signs Of Global Recovery Reinforced By Manufacturing Data The Wall Street Journal, 02/11/2009

Nearly across-the-board expansion in manufacturing from China to Sweden means the economic recovery is well on its way - even if it's slow going, and even if some of the growth is courtesy of...

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Industry and Manufacturing

Dollar falls as manufacturing grows

Dollar falls as manufacturing grows Bloomberg, 02/11/2009

The dollar slid against high-yielding currencies, led by the Australian dollar, as China reported a surge in manufacturing and investors bet factory production in the U.S. accelerated. Oil, copper...

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Industry and Manufacturing

Growth in Chinese manufacturing

Growth in Chinese manufacturing BBC, 01/11/2009

China's manufacturing sector grew in October at its fastest rate in 18 months, a survey has suggested.
The purchasing managers index (PMI) from the state-sanctioned China Federation of...

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