News
Property dumped after China move
China's best-performing stock funds are turning bearish on housing shares after a run-up in real estate that investor Mark Mobius says is far from over. For the full story click here. Source: NZ Herald.
Fonterra warns online milk powder buyers
First it was baby formula - now it appears New Zealand-sourced Fonterra milk powder is also being sold online in China. For the full story click here. Source: NZ Hearld
Kiwi online fashion venture in China push
A young Auckland maths student has combined her entrepreneurial spirit and sense of fashion to create an e-commerce store she hopes will one day be a market leader. For the full story click here. Source: NZ Heard.
Evacuations following China storms
Rescue workers were evacuating thousands of rural residents from parts of northwestern China after extreme cold and blizzard conditions killed four people and left half a million snowed under, meteorologists said Monday. For the full story click here. Source: NZ Herald
China restores text messages after riots
The government of China's restive frontier region of Xinjiang has restored text messaging services, more than six months after bloody riots in its ethnically divided capital, Urumqi. For the full story click here. Source: Stuff.co.nz
Food Safety probes online Chinese baby formula trade
The New Zealand Food Safety Authority says it will be investigating the online trade in China of Kiwi-made baby formula. For the full story click here. Source: NZ Herald
China's economy Not just another fake
The similarities between China today and Japan in the 1980s may look ominous. But China’s boom is unlikely to give way to prolonged slump. For the full story click here. Source: The Economist
Is China the Next Enron?
Reading The Herald Tribune over breakfast in Hong Kong harbor last week, my eye went to the front-page story about how James Chanos — reportedly one of America’s most successful short-sellers, the man who bet that Enron was a fraud and made a fortune when that proved true and its stock collapsed — is now...
China edges out Germany to become world's biggest exporter
Already the biggest car market and steel maker, China edged past Germany in 2009 to become the top exporter, yet another sign of its rapid rise and the spread of economic power from West to East. For the full story click here. Source: NZ Herald
China is no Dubai or Enron: Real estate rebalance to buoy ...
The Chinese central bank surprised the markets last week by raising the interest rate slightly on its three-month bills from 1.3280% to 1.3684%. This is the first rate increase since August and signaled an effort by Beijing to reduce asset-price inflation after a record surge in credit. For the full story click here....
Fear of the dragon
MANY people start the new year by resolving to change their old ways. Not China. On December 27th Zhong Shan, the country’s vice-minister of trade, declared that China will continue to increase its share of world exports. Figures due out on January 11th are expected to show that China’s exports in December were...
China’s Mixed Signals in a Strange Year
As we look back on 2009, the year ends with a more upbeat feel to it than 12 months previously when the true impact of the global recession was making its scale apparent. However, 2009 was a strange year and it is with a mixture of some relief and concern that many can put the past 12 months to bed. For the full story...