Daily Archives: May 2, 2012

Clinton arrives in China amid uncertainty over dissident

May 2, 2012

BEIJING (Reuters) – Secretary of State Hillary Clinton arrived in Beijing on Wednesday for annual talks with Chinese leaders that risk being upstaged by the case of a blind dissident said to be under U.S. protection in the Chinese capital. The fate of legal activist Chen Guangcheng, who escaped from house arrest while under...

Read more »

China Manufacturing Growth Accelerates, PMI Shows

May 2, 2012
China Manufacturing Growth Accelerates, PMI Shows

The manufacturing index’s six-month contraction, if confirmed, would be the longest since the global financial crisis. Photographer: Keith Bedford/Bloomberg May 1 (Bloomberg) — Joy Yang, chief China economist at Mirae Asset Securities (HK) Ltd., talks about the nation’s economy and central bank monetary policy. China’s manufacturing expanded for a fifth month in April, reducing...

Read more »

Analysts Who Called 2010 Bottom in China Stocks Now Say Buy

May 2, 2012
Analysts Who Called 2010 Bottom in China Stocks Now Say Buy

Workers assemble pick up trucks at the GoNow, a subsidiary of Guanzhou Auto Corporation, in Taizhou, Zhejiang Province, China. Photographer: Qilai Shen/In Pictures/Corbis   China’s longest bear market since 2005 is ending as government efforts to bolster the economy spur a rally in stocks, say the strategists whose buy recommendations two years ago preceded...

Read more »

China’s Trade Imbalance Is Vanishing

May 2, 2012

Their bill never passed. But reducing China’s surpluses has remained at the top of the bilateral agenda ever since. Something unexpected has happened to China’s economy, however. Its surplus with the rest of the world has largely disappeared. China’s imbalance with the United States is still likely to take center stage when Treasury Secretary...

Read more »

China, Russia resist West’s push to threaten Sudan, South Sudan

May 2, 2012

By Louis Charbonneau UNITED NATIONS (Reuters) – China and Russia are resisting a Western push for the U.N. Security Council to threaten Sudan and South Sudan with sanctions if the two countries fail to comply with demands to halt their escalating conflict, U.N. envoys said on Tuesday. The U.N. negotiations on Sudan and South...

Read more »

China posed for more investment in shale?

May 2, 2012

BEIJING, May 1 (UPI) — China invested $222 million in its shale gas sector last year, a government official said. Yet China’s investment in shale gas exploration and development is “very small” in proportion to the country’s overall oil and natural gas exploration and development, which totaled more than $9.5 billion last year, Wang...

Read more »

China data points towards economic recovery

May 2, 2012

BEIJING (Reuters) – China’s official purchasing managers’ index (PMI) rose to a 13-month high in April, signaling the economy has found a footing and may be recovering from a first-quarter trough, but smaller factories are still struggling. The pick-up in the PMI to 53.3 from 53.1 in March indicated a further expansion in the...

Read more »

China set to buy even more U.S. soy – Oil World

May 2, 2012

HAMBURG, May 1 (Reuters) – China is likely to buy even more U.S.-origin soybeans in the near term because of poor South American crops, Hamburg-based oilseeds analysts Oil World said on Tuesday. “Chinese buyers will increasingly shift to U.S.-origin in the coming weeks because South American supplies are becoming tighter,” Oil World said. Chicago...

Read more »

Exile hangs over China’s blind activist

May 2, 2012

By Daniel Lovering and David Lague Tue May 1, 2012 9:51am EDT (Reuters) – Blind Chinese activist Chen Guangcheng will be sidelined in his quest to defend human rights and press for change in China if he agrees to accept political asylum in the United States, exiled dissidents said. The combative, self-taught lawyer escaped...

Read more »

Mitt Romney: China should make "real effort" to end abuses against dissident Chen Guangcheng

May 2, 2012

(CBS News) Mitt Romney weighed in Tuesday on the formerly imprisoned Chinese dissident now possibly under American protection in Beijing, saying in an interview on “CBS This Morning” that President Obama should push the Chinese government to make “a real effort” to end abuses against the dissident and his family. Blind activist Chen Guangcheng...

Read more »

News Calendar