ChinaBio Today submits:
Sanofi-Aventis (NYSE: SNY) recently announced it has established a regional R&D center in Shanghai. Unlike many of its big pharma competitors, Sanofi-Aventis is not building a lab and hiring scores of scientists to work exclusively on S-A projects. Instead, the company is focused on developing collaborations, a [...]
Dian L. Chu submits:
Olivier Blanchard, chief economist at the International Monetary Fund [IMF], was interviewed on Bloomberg yesterday morning about the prospects for an asset bubble in China. Blanchard, speaking from Washington, also discusses the impact of sovereign debt on global economic growth .
No China Bubble Concern
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Mark Thoma submits:
Interesting development on China’s currency policy:
Brazil and India add to China pressure, by Geoff Dyer, Financial Times: China is facing growing pressure from other developing countries to begin appreciating its currency, providing unexpected allies for the US in the diplomatic tussle over Beijing’s exchange [...]
Xiaofan Zhang submits:
Stable performance in 1Q10. Chinese game company Changyou.com (CYOU), a subsidiary of Sohu.com (SOHU), will report 1Q10 results on April 26. For the quarter, I estimate Changyou generated $71 million revenue and $0.79 non-GAAP EPS, flat quarter-over-quarter and within management guidance of $70-71 million and $0.77-$0.80. In 4Q09, revenue from flagship game [...]
Firat Ünlü submits:
Frustrated by a China still insistent on its dollar peg, some sections within the US have now come up with the proposition that instead of trying to persuade China to rise the value of the RMB via unilateral talks the time has come to pay them a visit with some friends. It is [...]
Patrick Chovanec submits:
We tend to think of the word “surplus” as something good, and “deficit” as bad. That’s certainly true in the United States, where budget and trade deficits have been concerns for years. But it’s also true in China, where recurring trade surpluses are seen as a sign of [...]
Jeff Pierce submits:
For those who trade heavily in the Chinese markets, here is a great graphical breakdown of allocations of some of the major vehicles traders use to participate in China.
clipped from www.financialsense.com
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China OTC Player submits:
Tuesday morning in China began with the Shanghai Composite index dipping to within a tenth of a percent of its low for the year, capping a 7% loss for the index in two days. Although the Rising China Stocks index had previously decoupled from the Shanghai index for most of the year, [...]
New Oriental Education & Technology Group Inc. (EDU)
F3Q10 Earnings Call
April 19, 2010; 8:00 am ET
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Marc Chandler submits:
Multilateral meetings of the G7 and G20 and IMF/World Bank begin at the end of the week. There is little doubt that either formally or informally, explicitly or implicitly, there will be calls for China to allow the yuan to appreciate. If one thinks, as some do, that China won’t move without international [...]