2010 February

Industry and Manufacturing

Labour shortages hit China export hubs at fragile time

Labour shortages hit China export hubs at fragile time Interactive Investor, 23/02/2010

"We plan to recruit 40 or 50 workers," said Gou Jie, a factory recruiter who was appealing to a crowd of people. "But we have only found 10 people. If you drive around Shenzhen you'll find many...

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Industry and Manufacturing

China's textile, garment exports up 2.2% in Jan

 China's textile, garment exports up 2.2% in Jan China Knowledge, 19/02/2010

The export value of textiles and garments in China reached US$15.57 billion last month, up 2.2% from the same month of last year, according to statistics from China's General Administration of...

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Industry and Manufacturing

Taiwan laptop maker warns of China labor shortages

Taiwan laptop maker warns of China labor shortages BusinessWeek, 18/02/2010

A leading Taiwanese laptop maker has warned labor shortages in China's booming coastal cities could affect the supply of computers amid an expected surge in world demand.
Ray Chen,...

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Politics and Economics

China sells $34.2bn of US treasury bonds

China sells $34.2bn of US treasury bonds The Guardian, 17/02/2010

China relinquished its position as the largest overseas holder of US treasury bonds by selling $34.2bn (£21.7bn) worth of the securities in December, according to new treasury figures.
The...

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Politics and Economics

Optimistic economic outlook

Optimistic economic outlook Taiwan News, 16/02/2010

The global economy is definitely on a path to recovery, but there are still many hidden crises and risks lurking ahead.
Taiwan took a beating during the global economic crisis, with its...

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Politics and Economics

Goldman’s O’Neill Says ‘Something Brewing’ in China on Currency

Goldman’s O’Neill Says ‘Something Brewing’ in China on Currency BusinessWeek, 15/02/2010

Goldman Sachs Group Inc. Chief Economist Jim O’Neill said China may be poised to let its currency strengthen as much as 5 percent to slow the world’s fastest growing major economy.
“I...

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Politics and Economics

China pulls on reins as economy booms

China pulls on reins as economy booms Reuters, 12/02/2010

China has started slowly pulling in the reins on loans and liquidity to stave off inflationary pressures and prevent the world's third-largest economy from overheating. The central bank...

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Politics and Economics

China orders retreat from risky assets

China orders retreat from risky assets The Telegraph, 11/02/2010

China has ordered managers of its vast currency reserves to withdraw from risky dollar assets and retreat to core debt guaranteed by the US government, a clear sign that Beijing is battening down...

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Trade & Supply Chain

China's export prowess confirmed

China's export prowess confirmed BBC, 10/02/2010

China's exports and imports grew substantially in January year on year. This suggested that global demand for Chinese made goods is continuing and Chinese consumers are spending...

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Politics and Economics

Call for Beijing to tolerate some inflation

Call for Beijing to tolerate some inflation Financial Times, 09/02/2010

The big risk in China today is inflation – not just because of the 2009 money blowout, but also thanks to secular demographic trends that are generating wage pressure.
China’s tightening...

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Politics and Economics

Why China is stoking war of words with US

Why China is stoking war of words with US The Times, 08/02/2010

Europeans bemoaning the loss of their prominent world-governing (or, at least, photo-op-ing) role in the almost defunct G7 of industrial powers often worry that in future the world will not be...

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Politics and Economics

China won't fold on RMB

China won't fold on RMB China Daily, 05/02/2010

China yesterday urged the United States to "objectively and rationally" consider its renminbi exchange rate while economists said the country is not likely to bow to US pressure to hasten an...

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Politics and Economics

China's financial system

China's financial system The Economist, 04/02/2010

From being a rounding error a decade ago, the financial clout of China now trails only that of America. By market capitalisation, it has three of the four largest banks, the two largest insurance...

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Trade & Supply Chain

The China export edge

The China export edge The Wall Street Journal, 03/02/2010

Anyone pinning their hopes on a rapid revival in American manufacturing as a result of a revaluation of China's currency needs to meet Ben, the owner of a coastal Chinese shoe factory.

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Industry and Manufacturing

China manufacturing still growing fast

China manufacturing still growing fast The Wall Street Journal, 02/02/2010

China's manufacturing activity grew at a relatively rapid clip in January and producer prices rose sharply despite Beijing's recent efforts to curb booming bank lending, two industry...

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Industry and Manufacturing

Racing growth in China fuels speculation of rate increase

Racing growth in China fuels speculation of rate increase The Telegraph, 01/02/2010

The HSBC China Manufacturing Purchasing Managers' Index (PMI) – a gauge of manufacturing activity across the nation – rose to a record high last month and a survey by the Federation of...

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