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China

China Exports Drop, but Production Rises on Domestic Demand

August exports in China plummeted 23.4% from a year earlier as the global economic crisis continued to take its toll on developed countries. However, industrial production in the Red Dragon still managed to grow, indicating the best is yet to come for the world's third largest economy. Boosted by a $586 billion (4 trillion yuan) […]

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China and Iraq Finalize Oil Contract, as Western Oil Majors Waver

By Jason Simpkins Associate Editor China and Iraq will sign a deal next week to develop the Ahdab oil field, 100 miles southeast of Baghdad, at time when political gridlock and security concerns have cast doubt over several pending short-term contracts. The new agreement, valued at $1.2 billion, is a variation of a deal struck […]

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China Plans $58 Billion Stimulus Package and Rate Cuts as Policy Shifts from Inflation to Growth

By Jason Simpkins Associate Editor China's policymakers are considering a $58 billion (400 billion yuan) economic stimulus package, and will ease monetary policy later this year, as focus shifts from taming inflation to promoting economic growth, said Frank Gong, chief China economist at JP Morgan Chase & Co (JPM). The stimulus package would be equivalent […]

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India's Reliability Provides a Razor Thin Edge Over China

By Martin Hutchinson Contributing Editor With sky-high growth potential, China and India are the two markets no investor can afford to miss out on. But that doesn’t mean they’re impervious to market turbulence, and in times of trouble, India is the more reliable investment. No doubt, both countries’ markets are suffering this year, with China’s […]

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China to Supplant U.S. as World’s Largest Manufacturer by Next Year

By Jason SimpkinsAssociate Editor China will overtake the United States as the world’s largest producer of manufactured goods by next year, according to forecasts by economics consultancy firm Global Insight Inc. done on behalf of the Financial Times.  China will account for 17% of the world’s manufacturing value-added output next year, versus the United States’ […]

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Why Every Investor Should Have a China Investment Strategy

[The First of Two Parts] By William Patalon III Executive EditorMoney Morning/The Money Map Report As we've said time and again here at Money Morning, every investor has to have a China investment strategy. And with the opening ceremonies for the 2008 Beijing Summer Olympic Games taking place today (Friday), this is probably as good […]

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Lenovo Strengthens its Status as a Global Brand with Strong Sales in China and Europe

By Jason Simpkins Associate Editor Lenovo Group Ltd. (OTC: LNVGY) may be the world's fourth-largest PC vendor, but strong earnings, a fast-growing home market in China, global expansion, and the company's involvement as an official sponsor of the Olympic Games have positioned the brand for solid global growth for the next several years. Lenovo, China's […]

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Growing Brand Awareness of China Consumers Equals Profit

By Jennifer YousfiManaging Editor China's emerging middle class is chasing after the global consumer dream: name brand products. And the companies that make those products are profiting from China's growing desire for genuine merchandise rather than cheap knock-offs to grow their brands throughout the Asian nation. One such company is sports apparel maker Adidas AG […]

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Chinese Name Changes Mean More Than Just Learning What's for Dinner

By Keith Fitz-GeraldInvestment DirectorMoney Morning/The Money Map Report The moment Beijing won the right to host the 2008 Summer Olympics, the Chinese government embarked on an ambitious cultural etiquette program designed to make Beijing more hospitable to the 500,000 foreigners expected to visit for the Games, which start only weeks from now. And from the […]

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Faced with Skyrocketing Iron Ore Costs, China's Baosteel Rolls Two Rivals into a Joint Venture

By Mike Caggeso Associate Editor Baosteel Group Corp., China's largest steel producer, will pay $4.2 billion in cash for an 80% stake in a new Guangzhou-based steel mill that will merge two rivals, Shaoguan Iron & Steel Group and Guangzhou Iron & Steel Group. China is already the world's top steel consumer and producer, churning […]

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