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5Vote!

Chinese premier: Africa trade push is 'selfless'

China's premier stressed Saturday that his country's push to boost already burgeoning trade ties with Africa was "sincere and selfless," as the Asian powerhouse battled criticism its quest for natural resources was at the expense of the poverty-ravaged... Africa - China - Natural resource - Business and Economy - Society and Culture

3Vote!

International Business Law Advisor

Our blogroll is very intentionally limited to blogs on China or, at minimum, those with a decided China focus. If we were to open it beyond these confines, I have no idea what the new confines would be, our blogroll would... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

3Vote!

New CSRC rule on avoidance

I've recently started following (and rec...

3Vote!

China's NPC Comes Out With Draft Legislation For Public Comment

The PRC National People's Congress has been focusing on increasing public involvement in China's lawmaking process. One technique it has been using to achieve that has been to issue draft laws and provide the public with an... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

3Vote!

Brazil biofuel producers hail government's proposal of 20% biodiesel blend by 2015

Biodiesel producers in Brazil cheered the government's proposal to gradually increase the amount of biodiesel in diesel fuel to 20 percent in big cities by 2015. Sergio Beltrao, head of the Brazilian Biodiesel Union, told a press conference that their producers' plants would be able to provide the new biofuel as of 2010, which would mean an increase of 2,500 million liters. The union is an association...

3Vote!

Vietnam signals change in economic policy

Vietnam is manifesting some signs for change in its economic policy in view of the pickup of the world economy and increasing fiscal deficit. At a recent monthly government meeting, Vietnam has decided to extend the subsidized loan program, a highlight of the existing stimulus, but with a lower interest rate subsidy and primarily for export-oriented companies. Officials also decided to end the tax...

3Vote!

Indonesia's economic growth to reach 4% in Q3: experts

Indonesian economists estimated that the country's economic growth would reach 3.9-4 percent in the third quarter, lower than the government's initial estimation of 4.1-4.2 percent, local media reported here on Saturday. "We expected economic growth to have accelerated in the third quarter this year to 4.05 percent on year-on-year basis," Bank Danamon Economists Anton Gunawan and Helmi Arman...

3Vote!

Indonesia's economic growth to reach 8% by 2014: minister

State Minister for National Development Planning (Bappenas) affairs Armida Alisjahbana estimated that Indonesia's economic growth to reach 8 percent by 2014 when the present government ends its service, local media reported here on Saturday. Armida said that Indonesia's economic condition would continue to improve in the following years with 2010 growth estimation set at a range of 5.5-5.6 percent....

3Vote!

China's passenger vehicle sales continue to grow in October

China's auto market continued its robust growth in October, with monthly passenger vehicle sales jumped nearly 80 percent year on year to 923,154 units, China Daily reported on Saturday. But on a month-to-month comparison, passenger vehicle sales in October dropped 8.1 percent from the previous month, according to figures released by China Passenger Car Association. In the first 10 months, sales of...

3Vote!

Total eyes oil production rise in Congo by year-end

French company Total, the top oil operator in the Republic of Congo, plans to increase its production by at least 20 percent by the year-end, the state radio reported on Friday. "The prospects in matters of petroleum production are good. At the end of the year Congo will be able to produce 300,000 barrels per day," the director of Total in Congo, Jacques Azibert, declared after having a meeting...

3Vote!

Inter-American Development Bank supports biomass power project in Chile

The Inter-American Development Bank (IDB) approved a loan of 6.5 million U.S. dollars on Friday to build a 15.6-megawatt biomass power plant in Chile. The plant, which will use agricultural, forestry and industrial waste as fuel, would have almost zero carbon dioxide emissions and thus meet the strict international environmental standards, the IDB said. The plant will be located near a paper manufacturer,...

3Vote!

Blackstone's loss narrows in third quarter

The Blackstone Group LP, a U.S. leading hedge fund and private equity firm, on Friday posted a narrower loss for the third quarter. Blackstone's revenue turned positive, to 597 million U.S. dollars, from negative revenue of 160.3 million dollars last year. The loss after paying preferred dividends fell to 176.2 million dollars, or 91 cents per common unit, from 340.3 million dollars, or 1.56 dollars...

3Vote!

Dollar rises as U.S. unemployment jumps above 10%

The dollar rose against most major currencies on Friday as safety-haven demand for the U.S. currency was boosted by high employment rate. The unemployment rate rose from 9.8 to 10.2 percent in October, the U.S. Bureau of Labor Statistics reported. It was the first time the unemployment surpassing 10 percent in 26 years. Most analysts have forecasted a slighter increase to 9.9 percent. Nonfarm payroll...

+Vote!

Up the Creek, With a Paddle

Is the global economy beginning to emerge from the depths of recession? There has been good news from several major economies over the last week, creating hope that all the stimulus measures taken by various governments have staved off a prolonged recession, and that the worst might be over.

3Vote!

Austrian foreign trade down significantly

Austrian foreign trade from January to August dropped by more than 20 percent compared to the same period last year. The foreign trade deficit was nine times more than the previous period, increasing from 283.8 million euros (417.5 million U.S. dollars) to 2,490 million euros (3,673.1 million U.S. dollars). According to the latest figures of Statistics Austria, Austrian exports from January to August...

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4Vote!

The Future of Global Oil and Gas Storage Industry to 2013

The Future of Global Oil and Gas Storage Industry to 2013    - aarkstore

Summary The leading business intelligence provider, has released its latest research “The Future of Global Oil and Gas Storage Industry to 2013”. The study, which is an offering from the company’s Energy Research Group, provides in-depth analysis of the global oil and natural gas storage market with capacity forecasts and key storage statistics to 2013. The study provides detailed analysis and forecasts...

4Vote!

Asia Gas & LNG Report

Asia Gas & LNG Report - bharatbook

Global Industry Overview - The 2008 Asia Gas & LNG Report begins with an insightful overview of global gas reserves, supply and demand, and the future growth potential of the international gas industry. As more stranded gas deposits become exploitable through advances in extraction and transportation technology, It evaluates long-term supply growth potential in the market. This is weighed against demand

5Vote!

Talks regarding Volvo sale show no progress

Talks regarding Volvo sale show no progress - habser

While Geely remains to be in play to take over the Swedish unit Volvo , parent company Ford said there hasn’t been much progress in the talks. At the opening of the new plant in Chongqing, Southwest China, Ford’s CEO Allan Mulally said that Ford wants to sell Volvo because it wants to focus solely on Ford’s business and not because of poor performance in the auto sector.