Daily Archives: October 21, 2011

China Regulator Says Shadow Banking Risks Will Be ‘Strictly’ Controlled

October 21, 2011
China Regulator Says Shadow Banking Risks Will Be ‘Strictly’ Controlled

Enlarge image China Banking Regulatory Commission Chairman Liu Simon Dawson/Bloomberg Liu Mingkang, chairman of the China Banking Regulatory Commission. Liu Mingkang, chairman of the China Banking Regulatory Commission. Photographer: Simon Dawson/Bloomberg China’s banking regulator sought to ease concerns about the health of the nation’s lenders and the informal lending market, vowing to control risks...

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GE earnings may tell of China’s woes

October 21, 2011
GE earnings may tell of China’s woes

By Christopher Hinton, MarketWatch WASHINGTON (MarketWatch) — General Electric Co. has been aggressive in China, providing the country with power, medical and transportation equipment, and now insight into its slowing economy. GE /quotes/zigman/227468/quotes/nls/ge GE +0.67%  is set to release its third-quarter results on Friday, with Wall Street looking for a profit of 29 cents...

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China could become world wind energy giant

October 21, 2011

BEIJING, Oct. 21 (UPI) — With the right investments, wind power could increase from 1 percent of the energy mix in China to 17 percent by 2050, a joint report from Beijing concluded. A report prepared by the National Development and Reform Commissions Energy Research Institute, in cooperation with the International Energy Agency, determined...

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China-EU summit shelved due to debt talks

October 21, 2011

BEIJING (AP) — China and the European Union on Friday called off a summit of their leaders next week so European officials can remain at home for talks on the continent’s debt crisis. The one-day meeting planned for Tuesday in the eastern Chinese city of Tianjin will be rescheduled to a later date, the...

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Tracing the Life of Deng Xiaoping as a Man Who Changed China

October 21, 2011

Now 81 and retired from Harvard as a professor emeritus, Mr. Vogel has written an equally compelling study of the rise of another Asian superpower. In “Deng Xiaoping and the Transformation of China,” he chronicles the life of China’s paramount leader during the 1980s and ’90s and his determined push to open up and...

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China Cabinet Said to Consider Letting Foreign Insurers Into Auto Market

October 21, 2011
China Cabinet Said to Consider Letting Foreign Insurers Into Auto Market

Enlarge image China Said to Submit Plan for Foreign Auto Insurer Nelson Ching/Bloomberg China’s auto insurance sector has turned profitable since 2009 as regulatory controls on price competition tightened, reversing years of losses in an industry where about 70 percent of premiums come from auto insurance. China’s auto insurance sector has turned profitable since...

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RPT-UPDATE 1-EU-China summit postponed from Oct.25 — EU official

October 21, 2011

Fri Oct 21, 2011 11:23am BST

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Taking Stock Of The U.S.-China Partnership

October 21, 2011

As China’s economy continues to expand at such a rapid pace, frictions between the two countries is likely to grow as their interests come into direct competition with one another. Since China can be considered both a strong trade partner and potential rival, it’ll be important to understand its strengths and weaknesses. Unfortunately, our...

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China’s Wen tells Europe to tackle crisis

October 21, 2011

BEIJING | Fri Oct 21, 2011 10:35am BST BEIJING (Reuters) – Chinese Premier Wen Jiabao urged Europe to prevent its debt crisis from spreading across the bloc and to stabilise its currency and financial markets, the Xinhua news agency reported on Friday. Wen’s remarks come before a weekend crisis meeting by European leaders on...

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Ma’s China-Taiwan Peace Pact Balancing Act

October 21, 2011
Ma’s China-Taiwan Peace Pact Balancing Act

Taiwan Presidential Office/AFP/Getty Images Taiwan President Ma Ying-jeou Taiwan President Ma Ying-jeou this week performed a careful balancing act on the highly charged issue of relations with China, as he faces challengers from both ends of the spectrum. And in the process, analysts say, he may have sent a hint to Beijing as well...

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