China - Economic Data & News 09 (Mar 13 - Jul 14)

China - Economic Data & News 09 (Mar 13 - Jul 14)

Postby iam802 » Mon Mar 11, 2013 4:25 pm

I don't understand. Can't they find a place and use fire to dispose of the dead pigs?



---
1,200 dead pigs retrieved in Shanghai river

http://www.china.org.cn/china/2013-03/1 ... 198080.htm
Image


Over 1,200 dead pigs have been fished out of Shanghai's Huangpu River by Sunday afternoon and the source of the pigs is traced upstream, local authorities said.

The municipal authorities said the retrieved pigs would be collected and handled in a harmless way.

According to the labels pinned in the ears of the pigs which are used to trace their information, the dead pigs are found to come from the upstream waters of the Huangpu River.

The local authorities are conducting coordinated efforts to stop the dumping of dead pigs from the source.

Local media reports said the pigs mainly came from Shanghai's neighboring Jiangsu and Zhejiang provinces.

The water quality of Shanghai has not been affected by the floating dead pigs, according to the city's water supply bureau.

"The data of water quality are all within the normal range," said the bureau.



1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
User avatar
iam802
Big Boss
 
Posts: 7265
Joined: Wed May 07, 2008 1:14 am

Re: China - Economic Data & News 08 (Apr 12 - Mar 13)

Postby winston » Wed Mar 20, 2013 5:55 am

Chinese billionaire Zhang Xin shocks ’60 Minutes’: the people in China crave democracy and it’s inevitable by Mark J. Perry

Did she really just say that? It happens rarely.

But every once in a while, during a 60 Minutes interview, someone will drop a bomb into the conversation and say something that shocks even our veteran correspondents.

That happened to Lesley Stahl in the interview above with Chinese billionaire Zhang Xin.

http://www.aei-ideas.org/2013/03/chines ... -in-china/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 100631
Joined: Wed May 07, 2008 9:28 am

Re: China - Economic Data & News 08 (Apr 12 - Mar 13)

Postby winston » Thu Mar 21, 2013 8:55 pm

Why China Is Tunneling a Mind-Boggling 800 Miles in 2 Years By Frank Holmes

http://moneymorning.com/2013/03/21/why- ... n-2-years/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 100631
Joined: Wed May 07, 2008 9:28 am

Re: China - Economic Data & News 08 (Apr 12 - Mar 13)

Postby winston » Mon Apr 08, 2013 7:47 pm

Over the weekend at the Boao Forum for Asia hosted by China’s newly elected President Xi Jinping, China’s former Finance Minister from 1998-2003 Xiang Huaicheng was quoted as saying that China’s local government debt may be more than 20 trillion yuan almost double the figure given in a 2011 report by the National Audit Office.

Source: Lim & Tan
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 100631
Joined: Wed May 07, 2008 9:28 am

Re: China - Economic Data & News 08 (Apr 12 - May 13)

Postby winston » Wed Apr 10, 2013 5:55 am

Fitch lowers rating on China

Global ratings agency Fitch cut China's long- term local currency credit rating to A-plus from AA-minus yesterday with a stable outlook, citing financial risks from rapid credit expansion alongside the rise of shadow banking activity.

http://www.thestandard.com.hk/news_deta ... 30410&fc=4
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 100631
Joined: Wed May 07, 2008 9:28 am

Re: China - Economic Data & News 08 (Apr 12 - May 13)

Postby winston » Sun Apr 14, 2013 8:00 pm

China recovery dogged by doubt as data questioned by JOE McDONALD (AP Business Writer)

BEIJING (AP) — China's trade expanded in March in a possible positive sign for its recovery but analysts said the data might be inflated and give a distorted picture of the economy's health.

Imports rose 14.1 percent after growing 5 percent rate for the combined January-February period, customs data showed Wednesday, suggesting Chinese manufacturers and consumers might be buying more.

Export growth slowed to 10 percent from the previous two-month period's 23.6 percent. That could add to challenges for newly installed Communist Party leaders as they try to sustain the rebound from China's deepest downturn since the 2008 global crisis and avoid job losses.

Analysts said, though, the data might be distorted by companies misreporting trade or government manipulation, clouding the picture of whether an economic recovery is gaining traction.

Exports probably are even lower than reported, based on what is known about shipments into Hong Kong, said Francis Lun, chief economist of GE Oriental Financial Group in Hong Kong. Hong Kong is Chinese territory and handles a big share of the mainland's trade but is treated as a separate customs region.

"The figures in Hong Kong to and from China do not add up," he said. "Instead of 10 percent growth, you have 2 or 3 percent."

China's economic growth rose to 7.9 percent in the three months ending in December, up from the previous quarter's 7.4 percent. Analysts say the recovery from the country's deepest downturn since the 2008 global crisis is being propped up by government spending and could be vulnerable if trade or state-driven investment weakens.

Commentators raised questions after China's strong trade data failed to match up with much lower figures reported by its trading partners.

Some suggested companies might be reporting phony exports to get tax rebates or to evade Beijing's strict capital controls and move money into China with fictitious billing of foreign customers. Others say Beijing might have exaggerated trade volume to make the economy look healthier during the transition to new Communist Party leaders in recent months.

"Today's trade data release has not instilled any more confidence in either the quality of data or the strength of the recovery," said IHS Global Insight analyst Alistair Thornton in a report.

Other indicators show economic activity recovering but at a slow pace. A survey of manufacturing by a Chinese industry group showed activity improved in March but by only a fraction of one point on a 100-point scale.

Also in March, inflation fell, suggesting consumer demand might be weaker than authorities hoped.

Referring to February's explosive reported export growth, Alaistair Chan of Moody's Analytics said in a report, "It now seems that it was probably due to some issue with the reporting of exports, or possibly over-invoicing as firms evaded capital controls to bring in more foreign capital."

Chinese customs officials defended their data Wednesday at a news conference.

"Every dollar that is listed in the customs trade data can be traced back to an actual declaration form," said Zheng Yuesheng, a spokesman for the bureau. "The exported or imported goods listed on the declaration form have to be something shipped across the border, either in or out."

Beijing's capital controls and tax breaks and other privileges for foreign investors give Chinese companies an incentive to covertly bring in money from abroad. Economists believe a large share of China's reported foreign investment is money sent abroad by Chinese companies and "round-tripped" back into the country.

China's trade is volatile in the first few months of each year as companies shut down for several weeks during the Lunar New Year and then buy raw materials to resume production.

March exports rose to $182.2 billion while imports were $183.1 billion, leaving a rare monthly deficit of $900 million, according to the General Administration of Customs.

The trade surplus with the United States narrowed by 34 percent from a year earlier to $11 billion. The surplus with the 27-nation European Union shrank 35 percent to $5.3 billion.

Exports to Germany, China's biggest European trading partner, fell 7 percent while shipments to France declined 6.7 percent.

http://www.scmp.com/news/hong-kong/arti ... questioned
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 100631
Joined: Wed May 07, 2008 9:28 am

Re: China - Economic Data & News 08 (Apr 12 - May 13)

Postby behappyalways » Tue Apr 23, 2013 1:01 pm

Corrupt official caught using ah kong's fund for dinner

http://bbs.wenxuecity.com/tv/631864.html
血要热 头脑要冷 骨头要硬
behappyalways
Big Boss
 
Posts: 19722
Joined: Wed Oct 15, 2008 4:43 pm

Re: China - Economic Data & News 08 (Apr 12 - May 13)

Postby winston » Tue May 21, 2013 8:30 pm

Scope of CN's non-performing loans greatly understated - Muddy Waters

According to Bloomberg, the short-selling company Muddy Waters LLC founder Carson Block said that China's non-performing loans do not only involve local government debts, but also the public and private sector borrowing.

Block said in an email that the potential scope of poor-quality loans had been greatly understated.

China banking system was believed to be hit severely, and the government may be forced to recapitalize certain banks, Block added.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 100631
Joined: Wed May 07, 2008 9:28 am

Re: China - Economic Data & News 08 (Apr 12 - May 13)

Postby behappyalways » Thu May 23, 2013 5:44 am

太子党李小勇涉嫌期货诈骗 惹李鹏夫妻老泪纵横(图)
http://www.wenxuecity.com/news/2013/05/22/2409651.html
血要热 头脑要冷 骨头要硬
behappyalways
Big Boss
 
Posts: 19722
Joined: Wed Oct 15, 2008 4:43 pm

Re: China - Economic Data & News 08 (Apr 12 - May 13)

Postby winston » Mon Jun 10, 2013 8:44 pm

NDRC expects power demand to grow faster this summer

NDRC deputy director Lian Weiliang said at a meeting that he expects during the peak season in the summer, the demand for electricity will grow faster.

In most of the regions, the demand-supply situation is basically balanced.

Lian requested for better co-ordination work to face the high demand. In particular, he urged for higher consumption of hydropower and other clean energy.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 100631
Joined: Wed May 07, 2008 9:28 am

Next

Return to Archives

Who is online

Users browsing this forum: No registered users and 6 guests

cron