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China Real Estate – Bubble or Boom?

China Real Estate – Bubble or Boom?

China’s property market has grown in pace with the country’s boom but well known commentators have recently warned of an asset bubble and Beijing is taking its own precautions by prevent the property market from overheating.
Famous short seller and predictor of the Enron demise, Jim Chanos, founder of Hedge Fund, Kynikos Associates Ltd., dominated China [...]

China recalls faulty rabies vaccine

China recalls faulty rabies vaccine

China will step up monitoring of a faulty rabies vaccine that has been recalled but may still be on the market, the country’s Food and Drug Administration said Friday. Although the vaccine was recalled and production shut down late last year, China’s lax regulatory environment means doses of the vaccine may still be on the [...]

Nevada trade rep sees potential in logistics, mining and renewables for China trade

Nevada trade rep sees potential in logistics, mining and renewables for China trade

Compressed profit margins for Chinese manufacturers may hold opportunity for northern Nevada, the state’s new trade representative in Shanghai said recently
Tighter margins during the global recession have led manufacturers to bring more of their logistics functions in-house, says Jeffrey Bernstein, and many look to launch West Coast distribution to serve markets in the United States, [...]

Acquisitions point to future of China’s logistics sector

Acquisitions point to future of China’s logistics sector

IN recent news, Aqua Logistics, a Mumbai based Indian third party logistics service provider, entered into an agreement to acquire three Hong Kong based companies — CIT, TAG and AGI Logistics — through its subsidiary, Aqua Logistics Hong Kong Ltd.
According to the report, Aqua will initially acquire 60% in the companies for a total amount [...]

Yuan forwards post best gain in 3 months

Yuan forwards post best gain in 3 months

Yuan forwards posted their biggest weekly gain in almost three months on mounting speculation China will loosen its grip on the currency after data showed an economic recovery is gathering pace. China should return to a managed-float exchange-rate system as quickly as possible, Nikkei English News reported today, citing an interview with Xia Bin, a [...]

Full steam ahead for China manufacturing

Full steam ahead for China manufacturing

China’s Purchasing Managers’ Index (PMI) of the non-manufacturing sector rose to 58.4 percent in March, a rebound of12 percentage points from February, when the index fell below the boom-bust line of 50 percent for the first time since a year earlier, the China Federation of Logistics and Purchasing (CFLP) reported on Saturday.
The CFLP is a [...]

China’s property pendulum continues to swing

China’s property pendulum continues to swing

In the latest step in China’s sensitive property market, the Wall Street Journal reported that China’s banking regulator banned property loans to 78 companies owned by the central government.
The government appears to be trying it’s best to prevent an asset bubble, which is everyone’s great fear. Most foreign pundits see a bubble happening, but the [...]

China clamps down on property investment

China clamps down on property investment

BEIJING—China’s banking regulator banned new property loans to 78 companies owned by the central government in an effort to control risks in property credit and curb asset bubbles, which pose a threat to the country’s strong economic recovery.
The measures, together with a recent restriction by the state-owned assets regulator, are aimed at state-owned companies that [...]

Sales of China’s top 10 real-estate developers record new high in Q1

Sales of China’s top 10 real-estate developers record new high in Q1

China’s top 10 real-estate developers achieved a total of 77.65 billion yuan in sales in the first quarter of this year, an increase of 36 percent year on year, China’s official news China’s agency, Xinhua reported recently.
The total transaction area of new homes built by these 10 developers was 7.138 million square meters during the same [...]

Geely signs final agreement to buy Volvo

Geely signs final agreement to buy Volvo

Hangzhou, China / Gothenburg, Sweden – 28 March, 2010 – Zhejiang Geely Holding Group Co., Ltd. (“Zhejiang Geely Holding Group”), one of the fastest-growing car manufacturers in China, today announced it has signed a definitive stock purchase agreement with Ford Motor Company to acquire 100 per cent of Volvo Car Corporation (“Volvo Cars”) and related [...]

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