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China

China's Mobile Phone Competition Will Escalate as Business Grows

By Mike Caggeso China Mobile Ltd. (NYSE: CHL), the world’s largest cell phone provider, continues to pummel its competition. Last week, the company posted a stronger-than-expected 25% increase in first-half profits, which rose from $3.87 billion to $4.85 billion. And yesterday (Tuesday), China Mobile announced it added a record 5.6 million customers in July, up […]

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China's Blazing Economy Demands Fourth Rate Hike in Five Months

By Jason SimpkinsStaff Writer Desperate to try and cool off an economy that’s grown at 10% or better for four straight years, China’s central bank raised interest rates yesterday (Tuesday) for the fourth time since March. China’s CSI 300 Index has climbed approximately 144% this year, after having already doubled in 2006. However, the nation’s rapid […]

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Fixed Asset Investment In China Rises to $747 Billion, a 26.6% Increase

By Jason Simpkins Investment in China’s fixed assets – factories, property and equipment – increased 26.6% in the first seven months of 2007, fueling concerns that China’s national economy could overheat. In a related development, inflation has reached a ten-year high, putting even more pressure on China’s central bank to raise interest rates, and slow […]

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Virulent Pig Virus Viewed as "Threat" to China, Global Business

From Staff Reports A virulent swine virus is “sweeping” China’s pig population – causing pork prices to spike, and spawning fears of a pandemic that could race through this huge country’s pig farms, according to a report in the International Herald Tribune newspaper. This is a development investors should watch, for if it ends up […]

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ABN AMRO Deal Points to Next Ways to Profit From China

As a global trader interested in aligning my money with the most powerful trends of the day, I’m constantly watching the headlines in search of the latest moneymaking opportunity. I am particularly interested in stories that emblazon the front pages of newspapers everywhere else around the world, but that barely even rate a mention here […]

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China Daily Says U.S. Exaggerates Foreign Trade as Job Loss Source

From Staff Reports Though millions of U.S. workers lose their jobs every month, foreign competition is way down on the list of causes. But U.S. politicians routinely spotlight foreign competition as the key culprit, ignoring some of the real reasons American firms routinely cut back on their work forces – including mismanagement, efficiencies created by […]

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Is China's Economy A Runaway Train?

Share prices on the Shanghai Stock Exchange closed at record highs last week. The Hang Seng Index closed up 275.7 points, or 1.2% after reaching an all time high of 23,301.93. As a result Morgan Stanley has upgraded its forecast for China's economic growth this year from 10.5% to 11.3%.

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