Archive for January, 2010

Goldman Sachs’ China Problem

Thursday, January 28th, 2010

Shaun Rein of the China Market Research Group submits:
This column originally appeared in Forbes.

Although Google’s (GOOG) declaration that it is no longer willing to censor searches in China gets all the headlines, another American giant, Goldman Sachs (GS), is locked in its own battle there. When oil prices were soaring, Shenzhen Nanshan Power [...]

China Has Been Driving Materials and Mining ETFs Lower

Thursday, January 28th, 2010

Gary Gordon submits:
This may not be what political wonks want to hear. However, U.S. politics has not been the primary market mover as portrayed by the mainstream media over the last week.
Due to the fact that most U.S. benchmarks rocketed to a new 52-week highs (15-month highs) on Tuesday, 1/19/10, many assume that the [...]

Daqo New Energy IPO Expected This Week

Thursday, January 28th, 2010

Abbi Adest submits:
Daqo New Energy (DQ), a China-based manufacturer of polysilicon for solar power applications, is expected to go public this week.
Business Overview (from prospectus)
Complete Story »

Shanghai’s Composite Index: 3,000 Smashed

Thursday, January 28th, 2010

The Business Insider submits:

Shanghai’s Composite Index crashed through 3,000 overnight, hitting a three-month low on further concerns that Chinese liquidity tightening means the end.
Complete Story »

Chinese Government Picks Trina Solar over Competitors

Thursday, January 28th, 2010

Kelvin Schulle submits:
On Tuesday, Trina Solar announced that the government has picked the company to establish a key state solar laboratory. Many Chinese solar peers had applied for the first key lab because an approval means new business and strong support from China’s central government. Companies who applied for a lab include Trina Solar (TSL), [...]

Over Exposure

Thursday, January 28th, 2010

“The Expo story that couldn’t be printed.” That’s what editors at Shanghai’s City Weekend magazine found they had on their hands several weeks ago, when Chinese censors deemed the story below “too negative” to run. A revised version was subsequently submitted, approved by the censors, and printed in the January 20, 2010 issue. City [...]

Getting to the root of a quality problem

Thursday, January 28th, 2010

I was shocked many times by the unwillingness of supervisors, in Chinese factories, to find the real cause of a problem.
Here are just a few real-life quotes:
Workmanship is not good? The operator did not pay enough attention, so she will have to repair it. Next time she should be fired.

The products are not conform to [...]

USA Pavilion hits top spot in poll, scares us about what’s to come

Thursday, January 28th, 2010

The good people at Ogilvy have polled the Chinese peoples and the results are out: Despite knowing almost nothing about the USA Pavilion (and maybe because of that), the Chinese want to check that out the most.
The study, which polled 14,337 respondents in the late months of 2009 is a follow-up to [...]

Threesday: 3 (more) ways to help Haiti

Thursday, January 28th, 2010

In our ongoing Threesday feature, Shanghaiist takes the time to count out three of….well, whatever catches our fancy that week. Here we present three different ways to help with the relief efforts in Haiti without having to leave Shanghai.
While weeks have passed since the 7.0 earthquake shocked the already destitute Haiti, relief [...]

Huaihai Road’s "call girl" abused, cut in half

Thursday, January 28th, 2010

Ever see the call girl on Maoming road and Huaihai road? No, we’re not talking about prostitutes (though that’s probably the place to find them, too): we’re talking about the sculpture by Shanghai artist He Yong of a girl on the phone. You’ve probably passed by it a hundred times, like [...]