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20 Nov 09
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Germany warns US on market bubbles Germany’s new finance minister has echoed Chinese warnings about the growing threat of fresh global asset price bubbles, fuelled by low US interest rates and a weak dollar |
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20 Nov 09
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White weddings help platinum recovery in China Chinese brides, who value platinum partly because it goes so well with a white wedding dress, are on course to snap up enough of the metal to make up for a fall in demand from the auto components industry |
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20 Nov 09
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China’s banks face overseas pitfalls Torture case brought in the US reveals the perils that could threaten the overseas’ expansion dreams of China’s government-owned entities |
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19 Nov 09
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Block on Minsheng deal costs US $1.7bn FDIC seized UCB of SanFrancisco just before completion of deal for takeover by private Chinese bank |
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19 Nov 09
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India losing English advantage to China India is rapidly losing one of its clear economic advantages over China, with the number of Chinese able to speak English on par with its neighbour and rival, says a new study published by the British Council |
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19 Nov 09
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Divide over English skills starts to close India is rapidly losing one of its clear economic advantages over China, with the number of Chinese able to speak English on par with its neighbour and rival, says a new study published by the British Council |
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19 Nov 09
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EU plan to extend anti-dumping duties rejected In an unusual show of defiance, EU member states reject a European Commission recommendation to extend anti-dumping duties against Chinese and Vietnamese footwear imports |
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19 Nov 09
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CIC buys 20% stake in solar operator China Investment Corp said it has bought a 20 per cent stake in GCL-Poly Energy, a Hong Kong-listed solar power plant operator, for HK$5.5bn (US$705m) as the sovereign wealth fund takes a bet on new energy |
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19 Nov 09
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Minsheng raises over $3.9bn from Hong Kong IPO China Minsheng Banking Corp will raise at least $3.9bn with its Hong Kong initial public offering – but without the support of a high-profile Chinese private equity fund. |
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18 Nov 09
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Fears of China property bubble Asset price rises leading to rampant wasteful investment in the sector, undermining nation’s long-term growth says Soho China head |
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18 Nov 09
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EU struggles to stamp on shoe dumping European Commission is struggling to secure enough support among member states for a controversial plan to extend ‘anti-dumping’ duties against imported Chinese and Vietnamese footwear |
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18 Nov 09
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Obama visit yields few concrete results A candid three-hour discussion in Beijing between Barack Obama and Hu Jintao, his Chinese counterpart, has failed to find much common ground on the US president’s agenda |
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18 Nov 09
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Chinatrust buys Nan Shan stake after losing bid Taiwan’s Chinatrust Financial is to pay $660m for a 30 per cent stake in Nan Shan Life Insurance a month after it was defeated by Hong Kong-based Primus Financial and China Strategic in its bid to buy the AIG subsidiary |
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18 Nov 09
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US no longer the only show in town as Obama heads to Seoul When George Bush Snr visited Seoul as US president 20 years ago, things were simple – the US was the undisputed main ally and trade partner. Now China is the main trade partner, but while business is booming, politics is rockier |
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18 Nov 09
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Obama in Nixon’s footsteps at Great Wall Barack Obama made an obligatory stop at the Great Wall of China at the close of a three-day visit in which he also bumped against the Great Firewall of China |
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18 Nov 09
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Delta and American sweeten rival offers to JAL Delta Air Lines and American Airlines sweetened their competing offers of financial support to Japan Airlines, the troubled carrier whose links to China and other Asian destinations have made it a potentially valuable prize for the US groups. |
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18 Nov 09
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Little harmony from Obama’s China visit A candid three-hour discussion in Beijing between Barack Obama and Hu Jintao, his Chinese counterpart, has failed to find much common ground on the US president’s agenda |
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17 Nov 09
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Chinese court rules against Microsoft A Chinese court has ruled that Microsoft infringed a Chinese software maker’s intellectual property rights in a surprise decision that has renewedworries among foreign patent experts about China’s management of IPR disputes |
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17 Nov 09
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Platinum jewellery demand rockets in China Demand for platinum jewellery in China will double to record levels this year, according to Johnson Matthey’s latest review of the platinum and palladium markets |
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17 Nov 09
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Sino-US talks fail to bridge differences The US and China pledge to intensify co-operation on the economy, climate change and non-proliferation of nuclear weapons, but little concrete progress is made on the issues that divide them |
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17 Nov 09
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Obama nudges Hu on currency Barack Obama, the US president, nudged Chinese President Hu Jintao to allow the renminbi to appreciate at a summit where they agreed to work to ease trade and economic frictions between the two giants |
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17 Nov 09
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CMS debut weak by Shanghai standard Analysts had warned that the IPO, which valued the company at 56 times its 2008 earnings, was too expensive under current conditions, leaving the shares little room to rise on the secondary market |
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17 Nov 09
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Hopu to bag $1bn Minsheng stake Hopu Investment Management , the Beijing-based private equity fund set up by former Goldman Sachs dealmakers, is set to acquire a massive stake in China’s Minsheng Banking Corp |
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16 Nov 09
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Chinese activist lives in airport for weeks Chinese rights activist Feng Zhenghu has been living in the terminal of Japan’s Narita airport after a fallout with Chinese authorities and Japanese airline All Nippon Airways |
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16 Nov 09
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Renminbi sparks strong views Speculation is mounting about whether and when the Chinese currency will be allowed to strengthen |
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16 Nov 09
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Chinese activist lives in airport for two weeks Chinese rights activist Feng Zhenghu has been living in the terminal of Japan’s Narita airport after a fallout with Chinese authorities and Japanese airline All Nippon Airways |
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16 Nov 09
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Obama is silenced by firewall of China As Beijing TV runs a lengthy item about Barack Obama’s declining domestic popularity, the president does his best to boost his acclaim with the Chinese in a US-style ‘town hall’ event |
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16 Nov 09
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Chinese quiz Obama on internet freedom As Beijing TV runs a lengthy item about Barack Obama’s declining domestic popularity, the president does his best to boost his popularity with the Chinese in a US-style ‘townhall’ event |
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16 Nov 09
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China moves to quell dissidents Chinese police have detained dozens of dissidents and human rights activists to stop them from staging protests or trying to meet Barack Obama, the US president, who has requested personal meetings with at least one prominent human rights lawyer during... |
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16 Nov 09
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Beijing talks unlikely to pay immediately China is reluctant to play a larger leadership role on the world stage, write Edward Luce and Geoff Dyer |
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15 Nov 09
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China says Fed policy threatens global recovery The US Federal Reserve is fuelling ‘speculative investments’ and endangering global recovery through loose monetary policy, a senior Chinese official warned ahead of President Barack Obama’s arrival in China |
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15 Nov 09
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China accuses US of fuelling ‘huge carry trade’ The US Federal Reserve is fuelling ‘speculative investments’ and endangering global recovery through loose monetary policy, a senior Chinese official warned ahead of President Barack Obama’s arrival in China |
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14 Nov 09
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China detains dissidents ahead of US visit Chinese police have detained dozens of dissidents and political reform advocates ahead of US President Barack Obama’s first visit to China, according to family members and human rights activists |
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14 Nov 09
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Obama says China not a threat The rise of a strong, prosperous China can be a source of strength for the community of nations, Barack Obama, the US president, told an audience in Japan on the eve of his first visit to the world’s most populous nation |
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14 Nov 09
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Obama says China is not a threat The rise of a strong, prosperous China can be a source of strength for the community of nations, Barack Obama, the US president, told an audience in Japan on the eve of his first visit to the world’s most populous nation |
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13 Nov 09
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Shenzhen hardens rules on detaining citizens The government of one of China’s most progressive cities has publicly announced it will imprison citizens in the country’s notorious labour camps for up to four years if they dare to file “abnormal” complaints against government departments or officials |
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13 Nov 09
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Hu defends China’s role in global recovery China’s president mounts a vigorous defence of the country’s role in combating the global economic crisis, promising further increases in domestic consumption and a reduction in the economy’s reliance on exports |
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13 Nov 09
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BMW to accelerate production in China BMW and its partner, the state parent of Brilliance China Automotive, will invest Rmb5bn to expand their capacity in the world’s largest vehicle market |
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13 Nov 09
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Premier League clubs clash on TV rights Premier League negotiators, who will receive second-round bids for the rights in China and neighbouring markets on Monday, have tried to forge a truce between the large and small clubs. |
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12 Nov 09
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Geithner lauds Asian ministers’ currency stance Timothy Geithner, US Treasury secretary, welcomed a commitment by Asia-Pacific ministers to flexible exchange rates even as his Chinese counterpart praised the renminbi’s peg for helping the global recovery |
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12 Nov 09
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Tesco to build three shopping centres in China Britain’s biggest supermarkets operator is poised to push into China’s rapidly growing retail market, teaming up with Asian investors to build three shopping centres |
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12 Nov 09
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Australia says China extends Rio probe Four Rio employees face an additional two months in jail after the authorities in Beijing extended their investigation into Stern Hu, an Australian citizen, and three Chinese executives of the mining group |
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12 Nov 09
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Obama to press China on Afghanistan As US President Barack Obama prepares to make a final decision on whether to send more troops to Afghanistan, his visit to Beijing next week will be an opportunity to press China to become more involved in the conflict |
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12 Nov 09
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Australia says China extends Rio Tinto probe Four Rio employees face an additional two months in jail after the authorities in Beijing extended their investigation into Stern Hu, an Australian citizen, and three Chinese executives of the mining group |
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11 Nov 09
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China economic recovery accelerates China’s economic recovery accelerated in October with industrial output increasing at the fastest rate since March of last year and retail sales also growing strongly |
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11 Nov 09
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Chinese derivatives rules hit global banks Many of the world’s biggest banks are in effect locked out of China’s small but fast-growing derivatives markets after refusing to sign new trading agreements |
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11 Nov 09
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China recovery accelerates in October China’s economic recovery accelerated in October with industrial output increasing at the fastest rate since March of last year and retail sales also growing strongly |
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10 Nov 09
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Pakistan in Chinese jet fighter deal China is to sell at least 36 advanced fighter jets to Pakistan in a landmark defence deal that could be worth as much as $1.4bn |
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10 Nov 09
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SMIC founder steps down as chief executive SMIC, China’s largest contract chipmaker, said its chief executive had been replaced by another industry veteran, in a move that could pave the way for consolidation in China’s struggling chip sector |
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10 Nov 09
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Obama urged to fix trade policy vacuum Barack Obama faces accusations of lacking leadership at the start of a key Asian tour of Japan, China, South Korea and Singapore |