Archive for January, 2011

The Daily Twit (@chinahearsay Twitter feed) – 2011-01-30

Monday, January 31st, 2011

China to go ahead with own resources tax http://goo.gl/0eAno #
Forbes: Tug Of War For China's Gambling Empire http://goo.gl/MzKd9 #
Clijsters Beats China's Li Na To Win Australian Open http://goo.gl/PpO0Z – Clijsters has offended the Chinese people #
China to become 'No 1' for tourists within seven years http://goo.gl/Rkufx – translated: more tour buses and fat pasty people [...]

The Daily Twit (@chinahearsay Twitter feed) – 2011-01-29

Monday, January 31st, 2011

FT: Li Na serves an ace by flying solo http://goo.gl/FYwG0 #
WSJ: Will Law Reforms Reduce Forced Home Demolitions? http://is.gd/GJ9iQc #
Shanghai Daily: China seeks fair Doha http://goo.gl/FFJwa #
WTO Geographical Indications Talks Tiptoe; Substantive Discussion Coming http://goo.gl/B2iXe #
Vox | Global trade talks: Doha is doable this year http://goo.gl/q6qnS #
NYT: A Conundrum for Hot Asian Economies http://goo.gl/Levps #
ChinaHush: [...]

How Big Is Chinese GDP?

Monday, January 31st, 2011

Michael Pettis submits:
Most of this week’s newsletter was about the release last week of China’s fourth quarter GDP growth numbers by the National Bureau of Statistics (NBS). You can find the full NBS report on their website, but here is the key paragraph:
According to preliminary estimation, the gross domestic [...]

Ossen Innovation: Newly Profitable IPO With Competitive Advantage in Rare Earth Metals Space

Monday, January 31st, 2011

Andy Li submits:
Ossen Innovation Co., Ltd. (OSN) manufactures and sells an array of plain surface prestressed steel materials and rare earth coated prestressed steel materials. These materials are used in the construction of bridges, highways, and other infrastructure projects in the PRC and foreign countries. According to the Chinese Academy of Social Sciences (CASS), OSN [...]

China’s Property Tightening Measures and Xinyuan Real Estate

Monday, January 31st, 2011

Dutch Trader submits:
I got some emails about Xinyuan Real Estate (XIN) after the third round of eight-point property measures. So the following is a follow-up to this article.
The Chinese Cabinet issued the third round of eight-point property tightening measures on Thursday; these can be summarized as follows:
Complete Story »

China Biotech Week in Review: Sinopharm’s M&A Extends Drug Distribution Network

Monday, January 31st, 2011

ChinaBio Today submits:
Sinopharm Group (HK: 1099) will pay $198 million for a 60% stake of two units belonging to Le Ren Tang, a drug distributor and retailer with a 30% share in the Hebei market (see story). Le Ren Tang will transfer its distribution business and its stakes in [...]

China’s Construction Boom Drives Metals and Commodities

Monday, January 31st, 2011

Marco G. submits:
Have you heard of the modern ghost city in China built for one million inhabitants that is presently empty? Time and CNN with their photos and stories have raised the profile of the city of Ordos, a newly constructed city near some major resource projects in Inner Mongolia. Other commentators fascinated [...]

Cambodia As China Appendage. Not So Fast.

Monday, January 31st, 2011

By: Steve Dickinson
In an earlier post, entitled, “Cambodia: China’s Newest Appendage,” I commented on the rumors of extensive investment by China into Cambodia. The rumor at that time was that the “Chinese” had agreed to make over $3.0 billion in investment in Cambodia’s energy and transport sectors. I mentioned in that post that the Cambodians [...]

The Ease (Or Unease) Of Doing Business In China. A Stagnant China.

Monday, January 31st, 2011

Though the World Bank’s Doing Business Report for 2011 has already been out for a few months, I just saw a really good analysis of it today. The analysis is in the Fiducia Management Consultants’ “Market Focus” Newsletter and it can be found here. Though I have never worked with Fiducia directly, I have heard good [...]

Win-Win Negotiating In China. It Is More Than A Panda.

Monday, January 31st, 2011

Every time I go to China, I come back planning to write an excoriating post on the place. I mean, let’s face it, it is one of the (if not the) most exasperating places on earth. I found it even more exasperating this last time because before hitting China, I spent two and a half [...]