Archive for September, 2009

Beijing Review: Dollar is not a solution (美元的末日)

ttt1 242x300 Beijing Review: Dollar is not a solution (美元的末日)Beijing Review: An important lesson for China from the current financial crisis is the vulnerability of its USD reserve and the caveat of relying on USD as an international trade currency. The professor from Peking University advocates the government to take material steps to enhance the internationalization of RMB and also find a way to reduce dependence on USD.

北京日报:由于金融危机的冲击,很多中国学术界知识分子认识到美元的脆弱性以及对于美元过分依赖造成的严重后果。北京大学教授表达其观点,指出中国政府应该加速人民币国际化过程和去美元划的努力。

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China Daily: Battery Maker The Richest (造电池的首富)

ggg2 300x224 China Daily: Battery Maker The Richest (造电池的首富)China Daily Beijing: Who is the richest man in China today? Not miner, not banker, nor agriculture producer. It is Mr. Wang Chuanfu, the founder of Battery and Electric Car, BYD. According to Shanghai Based Hurun Report, Mr. Wang tops the Chinese richest list with a net worth of $5.1 billion, thanks to Warren Buffet’s $230 million investment in his company for a share of 10%.

中国日报:当今谁是中国首富第一人?根据最新的胡润排行榜,他就是BYD的创始人王传福。去年9月沃伦巴菲特出资2.3亿美元购买了王旗下公司的10%的股份,由此王的身价一跃增加到51亿美元,成为中国最富的人。

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Shanghai Daily: Haiyang Nuclear Plant gets Green Light (海阳核电站获准建设)

Nuclear plant 300x198 Shanghai Daily: Haiyang Nuclear Plant gets Green Light (海阳核电站获准建设)Shanghai Daily: Shandong Haiyang’s nuclear project has obtained OK from the state Council. According to the blueprint, Haiyang nuclear plant will build two units in total, with a capacity of 1.25 million KW each. The two units are expected to start operation in 2014 and 2015 each. Nuclear plants are an important component in China’s grand plan to make the energy production more ‘green’. According to the plan, China expects to increase the nuclear power capacity to 40 million KW by 2020.

上海日报:国务院近日批准了山东海阳核电站项目。该项目争取在2015年前建成两座核电站,其发电量分别为125万瓦。中国政府认识到净化能源发电的重要性,下决心净化环境提高发电质量,定下目标要在2020年之前完成核电发电量四千万瓦。

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Global Times: China issues 6Bn Yuan T-Bond (60亿人民币债券发行)

4354chen 300x151 Global Times: China issues 6Bn Yuan T Bond (60亿人民币债券发行)Global Times Beijing: China government is going to issue 6 billion Yuan worth of Treasury Bond in Hong Kong. This is the first time in history that China government issues Yuan Dominated T-Bond outside mainland China. Such an issuance has far stretching impact. It strengthens the position of HK as the offshore hub for RMB Business, it also promotes RMB’s internationalization progress, and it provides additional capital for Chinese government to continue to boost the domestic economy.

环球时报报道,中国政府将在香港发行价值60亿人民币的债券。这是中国第一次在大陆地区以外发行人民币债券。这次人民币债券的发行标志着香港作为人民币离岸业务中心地位的确立。同时这也是中央政府为了推行人民币国际化的努力之一。

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Global Times: China is world’s largest energy producer (全球最大能源生产国)

1248767203105 1248767203105 r 300x192 Global Times: China is worlds largest energy producer (全球最大能源生产国)Global Times Beijing: According to Zhang Guobao, deputy chairman of the National Development and Reform Commission (NDRC) and director of the National Energy Administration, China is now the biggest energy producer in the world. China is now self-sufficient for about 90% of the energy use within the country. The totally installed capacity of hydroelectronic power is about 172 million KW, which is the biggest in the world.

环球时报,中国是全球最大的能源生产国,这是国家发改委副主席张国宝最近在新闻发布会上宣布的消息。自建国60周年以来,中国的能源生产能力年年攀升,目前中国能源自给可以达到90%。

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The Stock Trading Strategies & Patterns Guide

ffff 300x219 The Stock Trading Strategies & Patterns GuideBelow from Stock Trading Strategy and Pattern

These stock trading strategies & patterns that I am about to show you may look boring, but they made me enough money to pay off my bills & more.

To make money in the stock market, you don’t need to be a fund manager,top stock broker or professional trader. Although it helps, but you do not need to know everything about the stock market, or even exactly how the stock market works.

As long as you know certain stock trading strategies & patterns, follow them & stick to a stock trading plan, you can make money in stock market quite easily.
This online stocks trading strategies & patterns information guide will give you enough stock trading information to get you started and hopefully making money. Read the rest of this entry »

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China Daily: US-China trade war on soybeans (美豆出口中国可能遭受影响)

soybean 300x300 China Daily: US China trade war on soybeans (美豆出口中国可能遭受影响)China Daily Beijing: US soyabean export to China might suffer due to a potential trade war between China and US, started by American’s imposition of tariff on Chinese Tires. China has recently become the world’s biggest soybean importers and sources about 1/3 from USA.

中国日报报道,中美之间的贸易战可能影响美国向中国出口大豆。由于美国单方面在中国轮胎上面制裁中国,中国可能在鸡肉和大豆方面进行报复制裁。

share save 171 16 China Daily: US China trade war on soybeans (美豆出口中国可能遭受影响)

FT: Chicken Vs Tire (鸡肉和轮胎)

9624 poultry egg india 1 FT: Chicken Vs Tire (鸡肉和轮胎)FT London: Beijing launched an anti-dumping investigation against US poultry export to China. This is a direct reaction to America’s recently passed regulation to impose 35% import tariff on Chinese tires into the States. There is a concern globally that the trade war between US and China might escalate if both parties play the hard ball. If the anti-dumping investigation is positive, then China might impose tariff or other penalizing approaches on American chickens into China.

金融时报:中国政府近日展开了对于美国向中国出口鸡肉的反倾销调查。此举是对美国对中国轮胎加收35%惩罚性关税的直接反应。如果调查确认美国有倾销行为,那么中美之间的贸易战很可能有加剧的趋势。

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FT: Sinochem $2.4Billion for Nufarm (240亿美元收购案)

tractor 300x217 FT: Sinochem $2.4Billion for Nufarm (240亿美元收购案)FT London: Sinochem made an offer to take over Australia’s Nufarm for USD 2.4 billion. Nufarm is one of the world’s largest agriculture chemical producers with its global presence. A take over of Nufarm would secure Chinese with smooth supply of Agriculture chemicals.

伦敦金融时报报道,中国化工近日出价240亿美元企图收购澳大利亚的Nufarm。Nufarm是全球最大的化肥生产企业之一,在美洲,欧洲和澳洲都有分公司。中化曾在‘07年试图购买Nufarm但最后没有成功。

share save 171 16 FT: Sinochem $2.4Billion for Nufarm (240亿美元收购案)

WSJ: Is wind farm cleaner? (风力发电更清洁么)

wind farm 300x225 WSJ: Is wind farm cleaner? (风力发电更清洁么)WSJ: China has an ambitious plan to build green cities powered by wind farms. According to WSJ, however, such wind farms come with an environmental cost: dozens of coal-fired power plants need to be built as well to supply the power. Such a reality shows  that to develop the economy in a ‘green’ approach is never that simple and straightforward as it seems to be.

华尔街日报消息,中国在未来几年有大力发展风力发电的计划。但是在建风力发电厂的同时,也可能伴生数座煤炭动力的发电厂。这样算来,风力发电对环境保护的功效有多大并不看得清楚。

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Beijing Review: China sees signs of employment recovery (就业市场有复苏迹象)

job 300x200 Beijing Review: China sees signs of employment recovery (就业市场有复苏迹象)Beijing Review: China’s job market shows a sign of recovery, particularly in some export region such as South East. The vacancy ratio in Foshan, a medium size city in the south of China, has amounted to 2.28 times the job seekers. The stimulus program from the government definitely played an important role in reviving the job market. However challenge still remains in the job market to improve not only the quantity but also the quality of job available.

北京观察:中国就业市场似乎有回暖迹象。据佛山市报道,该市的工作数量和找工作人数的数量之比为2.28左右。该数据和几个月前各大出口行业受金融危机重创的情况形成鲜明对比。但是增加就业市场的质量仍然任重道远。

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Shanghai Daily: 10 billion yuan to power innovation strategy (100亿人民币支撑创新科技)

partners 300x176 Shanghai Daily: 10 billion yuan to power innovation strategy (100亿人民币支撑创新科技)Shanghai Daily: Shanghai is encouraging private capital to finance the development of ‘innovation industry’ such as clean energy, new material, biomedicines and information technology. The government will provide 10 billion yuan in the form of seed investment, research subsidy, and low interest bank loan as a support to these industries. Shanghai targets to be a hub of high technology and innovative industry.

上海日报:上海政府筹资鼓励私人资本市场大力投资创新科技产业,比如生物制药,绿色能源和信息科技。据称上海政府将拨款100亿人民币以对此计划支持。这100亿元将用于低息贷款,创业基金,研究补贴等等。

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Shanghai Daily: 5% voting power shift in IMF (IMF投票权变更)

IMF303 300x237 Shanghai Daily: 5% voting power shift in IMF (IMF投票权变更)Shanghai Daily: countries on G20 have agreed to give at least 5% voting power from developed countries to developing countries. This shift makes the voting power of developing countries at least same (50%) as the developed ones. Such a move reflects the increasing voice of developing nations in the world financial order and also reflects the fact that developed countries need developing nations to solve the global economic crisis.

上海日报:G20峰会各国同意对IMF的投票权做出更改,发展中国家投票权增加5%,发达国家相应减少5%。这是发展中国家在争取国际金融秩序权上的一大重大胜利。

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Forbes: HSBC stations its CEO to HK (汇丰总裁驻守香港)

hsbc 300x109 Forbes: HSBC stations its CEO to HK (汇丰总裁驻守香港)Forbes: HSBC decides to relocate its CEO’s station from North America to Hongkong. This move marks HCBS’s strategy move to wane further from American mortgage business and focus more on its Asian expansion. HSBC was founded in Shanghai and Hongkong in 1865. The company states that it decides to return to the emerging market where it has been founded. So far emerging markets contribute about 60% of HSBC’s revenue world wide.

福布斯报道,汇丰银行决定将公司总裁常驻地从北美搬到香港。此举动标示汇丰银行战略性转移,并将公司资源更多的集中于发展亚太市场。汇丰银行于1856年在上海和香港设立,目前公司超过60%的收入来自于发展中国家。

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TOL: China’s environment cost for growth (经济增长环境买单)

00414101 216x300 TOL: Chinas environment cost for growth (经济增长环境买单)Times Online UK: The fast growth of China’s economy has had a deciding effect on its environment. Some of China’s heavy industry, are the world’s most lethal and polluting. For example, the coal-fired power stations in China are the world’s least efficient. With more than 70% of its electricity from coal-powered stations, China’s carbon intensity is one of the worst in the world. The environment cost for economy growth would be a big challenge for China government in the near future.

英国网上时代撰文指出,中国的环境为其快速的经济增长付出了极大代价。比如中国大部分煤炭发电站是世界上污染程度最严重效率最低的发电站。如此发展模式让一些地区的环境不堪重负,也对国民的健康程度带来了极大威胁。

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NYT: Chinese buyer pushes up auction market (中国买家推高古董市场)

b 384793 chinese antique 300x300 NYT: Chinese buyer pushes up auction market (中国买家推高古董市场)New York Times: Chinese buyers have been under the spot light and appear repeatedly in Christie’s auction to be the winner of the antiques on the auction. Some of their bidding price is astonishing to the audience of the auction. It seems that the Chinese buyers do not care how much pay and just do not want to miss the sale. This is also a reflection of wealth flooding out of China to have a global impact.

纽约时代:中国买家最近在古董拍卖会上频频出手,震惊世界拍卖界。在最近的克里斯汀拍卖会上,中国买家飙得头筹是家常便饭,甚至为一些很平常的古董开出天价。老外大呼中国人要把什么都买下么?

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Guardian: China and India leading to protect world environment (中印合作引领环境保护)

Greenhouse Gases 300x262 Guardian: China and India leading to protect world environment (中印合作引领环境保护)Guadian UK: China and India have both made proactive statement to curb the emmission of greenhouse gas and invest more in environment protection. China and India are world’s leading countries of population. Also both countrires are among the fastest growing bloc in the recent decade. Such a leadership and determination from China and India gives people hope and confidence that we shall hope for the better in our living environment.

卫报消息,中国和印度同时在G20高峰会议上阐明保护环境,减少二氧化碳排放的目标。如此来自最高领导人明确的信息前所未有。这样的表态让人看到了环境改善的希望。

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WSJ: Ford to build 3rd Factory in Chongqing (福特在重庆建厂)

fd 300x199 WSJ: Ford to build 3rd Factory in Chongqing (福特在重庆建厂)WSJ NY: Ford Motor announced that they are going to build a car factory in Chongqing, China. IT is the third factory that Ford builds in China, after another two in Chongqing and Nanjing. This is consistent with Ford’s declaration recently that they want to agressively expand their market share in Asia, particularly in China. The new plant will be under joint operation with Mazda.

华尔街日报消息,福特汽车近日决定在重庆开设车厂。该车厂是福特在中国的第三家车厂。福特早前曾经宣布要大力扩展其在亚洲的业务。目前福特在亚洲的市场份额远远落后于日本竞争者。

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FT: Rise of Dragon Nation (大国崛起)

carPoster 210x300 FT: Rise of Dragon Nation (大国崛起)FT London: China’s 60 anniversary on October 1st tops the headlines of all major newspapers. In the last 20 years, the world has witnessed a rapid growth of a major figure on the stage, in terms of economy, politics and culture. At the current period, China seems the only power who has the potential and capacity to challenge the dominance of American Imperialism. On one hand, the world is pleased to see someone to rise against the American monopoly on world trade order, currency mechanism and military framework. On the other hand, the world is more worried about the mentality from Chinese, and thereafter the consequence if the two powers wind up a firm confrontation. Such a worry is particularly apparent among other western powers such as EU and UK in that China has a different political and social structure compared to theirs.

金融时报发表长篇大论评论中国建国60年对世界带来的影响。毫无疑问,不管好坏,中国对世界的影响力是明显的。中国提出的许多意见建议已经不容被世界忽略,而中国的每一个举动,即使很细微,也会给世界政坛和经济带来深厚的影响。

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China Daily: China Firms Dash for Bolt (博尔特成为中国公司宠儿)

1219387323677 27887 300x204 China Daily: China Firms Dash for Bolt (博尔特成为中国公司宠儿)China Daily: He is the fastest runner on this planet. He is the man who broke the record on Beijing Olympic, gracefully like an electric. He claims that he can continue to break world record. For him, the limit is the sky. Yes, that’s Bolt, the Olympic gold medaler from Jamaica. A Chinese company has offered him a staggering deal that could make him reap a world recording $115 million in the next 5 years. According to AMG who has the sole marketing right of Bolt in China, his signing with the company comes with a base salary plus bonus which could add up to more than $100 million in the next 5 years.

中国日报消息,中国AMG市场策划公司和世界飞人博尔特签署了一个5年合约。该合约可能让博尔特在5年之内入囊超过1亿美元。这项惊人的交易可能从此改变世界运动员的收入模式和签约模式,在体坛引起大地震。

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China Daily: To fight or not, it is a question (贸易大战还是和平共处)

dr swagell 6 6 07 300x216 China Daily: To fight or not, it is a question (贸易大战还是和平共处)China Daily Beijing: The G20 summit in Pittsburgh is a perfect platform for China to voice its opinion against Trade protectionism and other unfair treatment from industrialized nations. Chinatells predicts that one of the reasons why China did not over react to American’s imposition of Tire Tariff is that Chinese want to solve the issue once for all on G20. To be realistic it is unlikely for any trade dispute to be solved once for all, but clearly G20 is a good opportunity for trading partners to discuss trade issues in a more serious and friendly atmosphere. After all, it is very easy for trading partners to react with more protectionsm mentality to every event from the other party, but it requires all to avoid trade wars and seek good-for-all solution.

中国日报发表社论分析,匹兹堡的G20将从某种程度上决定将来的国际贸易是更多的保护主义还是开放主义。自从几周前美国宣布单方面提高从中国进口的轮胎税,贸易战的阴影就在这两个国家上空久久盘旋。如果两国领导人不能理智的处理这样的情形,那么一旦情势恶化,没有谁会从贸易战中获利,整个全球经济都会受到影响。

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Global Times: Australia set to reject Chinese mining investment (澳大利亚可能不会批准中国投资)

0013729e454e0a41358c2d 300x249 Global Times: Australia set to reject Chinese mining investment (澳大利亚可能不会批准中国投资)Global Times Beijing: It appears that Australia government might say NO again to a Chinese attempt to invest in an Australia mining company. China’s Wuhan Iron and Steel Co is reported to attemp to acquire 50% of Western Plains Resources’ Hawks Nest magnetite iron-ore project in South Australia’s Woomera Prohibited Area, where the Australian Army tests secret weapons. IT seems now that Australian government might reject the proposal due to ‘security reasons’. It is the second time that Australia government rejects Chinese investment in China after Chinalco fails an acquisition attempt with Rio Tinto.

环球时报报道,澳大利亚政府可能再次拒绝中国对于澳大利亚矿业的投资需求。武汉钢铁公司本来有意购买西澳一个铁矿50%的产权,但是澳大利亚政府可能已危害国家安全为由拒绝批准该项投资。这是今年自力拓事件以来澳大利亚政府第二次拒绝中国的投资意向。

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Straits Times: Banker’s pay linked to Risks (银行家收入和风险挂钩)

pay 236x300 Straits Times: Bankers pay linked to Risks (银行家收入和风险挂钩)Straits Times Singapore: China plans to link the pay of bankers to the risk that the institutions take. According to the announcement from China on G20 in Pittsburgh, the country is working to improve the wage incentive mechanism by linking the pay to the risks. However at this stage no limitation on pay cap has been discussed yet. China’s banks are not hit as hard as western banks in the current financial crisis and some of them walk out as the winner on the global stage.

海峡时报报道,中国在G20峰会上表示,将改革银行业的薪酬制度,并将其和机构所承担的风险相挂钩。但是目前没有关于薪金上限的讨论。

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Business Week: Geely the big winner of Goldman Deal (高盛投资提升吉利竞争力)

IMG 4004 100x100 Business Week: Geely the big winner of Goldman Deal (高盛投资提升吉利竞争力)Business Week: Goldman Sachs’ investment in Geely is tiny in terms of its global portfolio (245 million for 12% of Geely), however, Geely could be a good winner in the investment from Goldman. Teaming up with the best investment bank in the world largely improves Geely’s image to be the best auto maker in China and also enables it with sufficient capital to launch more agressive M&A such as Volvo from Sweden.

商业周刊撰文指出,高盛对于吉利的投资可能让吉利获利丰厚。吉利一直想改善其股东结构。和国际一流的投行合作极大提升吉利的无形资产并且让吉利有实力去收购一些目标,比如瑞典的Volvo。

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Economist: Chinese are coming in network equipment (网络设备中国后来居上)

huawei logo 100x100 Economist: Chinese are coming in network equipment (网络设备中国后来居上)Economist: Chinese manufacturers are catching up with world’s premier network equipment suppliers such as Ericsson and Nokia. Among them the leading representatives are Huawei and ZTE. Huawei and ZTE are both founded in late 80s. However during the 20 years plus both companies have gained extroadinary growth and are now challenging the world’s top competitors. In addition, both Huawei and ZTE are not only strong in domestic China but also have a huge expansion base in oversea market. The notable feature is their adventure in Africa. Huawei now is the leading brand in Africa ahead of major European or American competiton.

经济学家撰文指出,中国的网络设备商在过去20年取得长足进步。其中的佼佼者即是华为和中兴。同为80年代起家的中国企业,华为和中兴作为民族企业的代表,不光在中国市场做大,而且积极开发国际市场,并在国际同行中取得上佳口碑,可喜可贺。

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