China

China’s stocks post 6th straight gainer

Chinese shares advanced for the 6th straight day Monday, with nonferrous metal stocks rising across the board on reports that China would cap nonferrous metal production over the next 5 yrs. The benchmark Shanghai Composite Index gained 0.65% , or 16.66 pts, to end the session at 2,588.68..
The Shenzhen Stock Index climbed 0.6%, or 63.18 [...]

Banks begin the move to Asia

A clutch of Western banks that have weathered the financial crisis relatively unscathed are ramping up their presence in Asia especially China in the hope of profiting from the rapid growth of its financial sector. Ebeling Heffernan have been bringing this matter to the attention of investors for sometime.
Ebeling Heffernan has been hard at work [...]

China textile industry reports profits rise

China’s large textile businesses took in 133.15 Billion Yuan (US$19.57B) in profits in the first 11 months of  Y 2009, according to figures released by the China Textile Industry Association.

The profits were up by 25.39% year on year.
The industry posted a total production value of 3.43 Trillion Yuan and 3.35 Trillion Yuan in sales value, [...]

Heffo on the China Syndrome

It pays to be aware of the fact that countries and regions are competitors for economic success, and in many cases that competition spills over into propaganda that reaches the main stream media. As traders and investors it is our duty to remain amoral, looking only at the hard core facts.
Although the West loves to [...]

China Food Industry to Shine

China’s growing wealth is set to bring about a new surge in regional agriculture and food processing, we at Ebeling Heffernan have identified this as one of the key growth businesses to be invested in in 2010.
In relation to this sector we have been working with TOMZ do develop a product to preserve food during [...]

China will boost its domestic film industry

China announced that it will channel more financial resources and legislative efforts to promoting its film industry, an official document made public last Monday said.
The General Office of the State Council, or cabinet, issued a guideline, putting forward ten primary initiatives to boost China’s film industry.
This guideline is now available on the official website of [...]

Carbon Sciences eyes China for its CO2-to-fuel technology

Santa Barbara, Calif.-based Carbon Sciences (OTCBB:CABN)’s stock closed at $0.13, up 23.18 percent today, following yesterday’s news that it achieved a major breakthrough in recycling carbon dioxide into gasoline. The stock jumped as high as $0.16 today, marking an all-time record day for the company.
But the company’s CEO Byron Elton told the Cleantech Group the [...]

China scientists lead the World in research

China has experienced the strongest growth in scientific research over the past 30 yrs of any country, according to figures compiled for the Financial Times, and the pace shows no sign of slowing.
Jonathan Adams, research evaluation director at Thomson Reuters, said China’s “awe-inspiring” growth had put it in 2nd  place to the US, and if [...]

Japanese shift production to China and Thailand

Major Japanese carmakers increased foreign production to record highs in December, as they continued to move factories abroad.
Major Japanese carmakers increased foreign production to record highs in December, as they continued to move factories abroad and global sales showed tentative signs of a recovery.
Toyota and Nissan said they made more cars at their overseas [...]

China Inc’s global growing pains

It was a proper dressing-down for the boss from deepest China who had travelled to the capital to seek government help with overseas expansion.
Vice-Premier Wang Qishan publicly interrogated the head of Sany Heavy Industry Ltd Co, a big engineering firm, about his management capabilities, asking if he was sensitive to cultural differences and the difficulty [...]