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China is growing rapidly as a consumer market
18 hours ago ago from World Economic
GUANGZHOU, China For the first time, Chinese will buy more cars this year than Americans. And China's voracious demand is not just for cars. In more and more categories, China is surpassing the United States as the world's biggest consumer market. The Chinese market is on full tilt booming is an understatement these days, said John Bonnell, the director of Asia vehicle forecasting at JD Power & Associates. Retail sales in China ...
Related contentNYT: China's Economic Power Unsettles the Neighbors
9 hours ago ago from Fund My Mutual Fund
While China's massive fiscal policy response to this crisis has been a boon to the region, we continue to see signs of angst among neighbors - even those currently thankful for China's impact on their economies. The New York Times follows up on a theme offered via Australia back in the summer. [ Jun 13, 2009: Australia in Perfect Position Aside China, but at a Cost? ] (Indonesia) In the Dickensian depths of the Dunia Metal Works here, all ...
Related contentResearch Paper on Importing & Exporting With China
14 hours ago ago from The Tacoma 10 - Top Ten Lists of the Best Restaurants, Businesses, Services, and Everything Else You Can Imagine in Tacoma, WA
Many people would think that trading raw materials is mutually beneficial between countries. The US economy depends on profiting globally, and we understand the benefit of using cheap labor in foreign countries through FDI. However, what happens when a state financed enterprise in China strategically buys up raw materials like iron and petroleum. I am not just talking about an even percentage, I mean “greater than 90% of the world’s raw ...
Related contentWill The Three Trends of 2009 Prevail in 2010? - John Mauldin's Outside the Box E-Letter
16 hours ago ago from news good
Contact John Mauldin Print Version Volume 6 - Issue 3 December 14, 2009 Will The Three Trends of 2009 Prevail in 2010? From GaveKal Today I am speaking at a local conference here in Dallas for my friends Charles and Louis Gave of GaveKal along with George Friedman of Stratfor, and get to finally meet Anatole Kaletsky. They graciously allowed me to send their latest ...
Related content2: For most emerging-market factories, it’s China (and Vietnam a bit), not the recession
20 hours ago ago from Clothesource Comments
Total clothing imports by rich countries fell 4.2% in the third quarter of the year. But from countries outside China, imports fell 9.8%. If China, Macao and Hong Kong together had kept their share of world trade in Q3 2009 at the 42.6% they held in 2008, their clothing exports would have fallen by just 4.2%. In other words, 58% of the garment sales lost by the world outside China are the result of China's growing competitiveness: only ...
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World's Top Polluter Emerges as Green-Technology Leader
12 hours ago ago from Wall Street Journal
BEIJING -- Xu Shisen put down the phone and smiled. That was Canada calling, explained the chief engineer at a coal-fired power plant set among knockoff antique and art shops in a Beijing suburb. A Canadian company is interested in Mr. Xu's advances in bringing down the cost of stripping out greenhouse-gas emissions from burning coal. CO2 by Country Compare carbon emissions world-wide, per capita and per ...
Related contentChina Surprising Leader In Green-Technology
10 hours ago ago from Huffington Post
Wall Street Journal : China looms large over the global climate summit in Copenhagen, where Chinese officials are pressing the U.S. and other rich nations to accept new curbs on their emissions and to continue to subsidize poor nations' efforts to adopt clean-energy technology. China is the world's biggest source of carbon emissions. Less understood is the way China is now becoming a source of some of the solutions. China's vast market ...
Related contentBBC News - China burning coal while developing green energy
20 hours ago ago from BBC
By Damian Grammaticas BBC News, Beijing Advertisement China's use of coal could double or even triple Rising from the bowels of the earth are giant trucks laden with coal. One after another they lumber past. Just the wheels of each truck are double the height of a man. The engines roar as these massive machines grind up the road that climbs up from the bottom of the Pingshou open cast coal mine. We're ...
Related contentChina outstrips US as center for IPOs
5 hours ago ago from U.S. News
China outstrips US as center for IPOs HONG KONG (AP) -- China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy and a resurgence in investment. Companies have raised nearly $52 billion from initial public offerings on exchanges in Hong Kong and mainland China so far this year, according to financial research firm Dealogic. That's about twice as much as the some $26.5 ...
Related contentDeveloping Countries Briefly Walk Out of U.N. Climate Talks
21 hours ago ago from Wall Street Journal
COPENHAGEN -- Tensions flared Monday at the United Nations climate summit, as representatives from a group of poor nations briefly walked out of the conference to protest the slow pace of negotiations, and European Union officials expressed exasperation with the U.S. and China. The Group of 77, which represents developing countries as well as large emerging economies such as Brazil, India and China, walked out of the ...
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