China: - Economic calendar and news from China: China is continuing to slow growth to control their real estate bubble and urban inflation. Expect China to grow at a controlled pace.

August 12, 2010 - China's Yuan Slides Most in Seven Weeks on Slowdown Signs, Dollar Advance - The yuan dropped the most in seven weeks as concern the global economic recovery is faltering drove the dollar higher and fueled speculation Chinese policy makers will restrict gains to protect exports.

August 11, 2010 - China Output Growth Weakens; Inflation Accelerates - China’s industrial output rose the least in 11 months, retail sales growth eased and new loans climbed less than estimated, adding to signs that a slowdown in the world’s third-biggest economy is deepening. Production rose 13.4 percent from a year earlier, the statistics bureau said in Beijing today. Inflation quickened to 3.3 percent, the fastest in 21 months, boosted by a low year- earlier base for comparison and rising food costs.

August 10, 2010 - China’s Trade Surplus Climbs to $28.7 Billion - China’s trade surplus surged last month to its highest level in a year and a half, while real estate prices leveled off, according to government data released Tuesday that pointed to possible trade frictions with the United States and slightly slower economic growth in China. Stock markets across Asia weakened in response to the latest economic statistics, which included an unexpected slump in China’s imports that seemed to suggest a softening of demand. The Shanghai share market fell nearly 3 percent, and the Hang Seng Index in Hong Kong tumbled 1.5 percent.

August 8, 2010 - China orders energy-wasting factories to close - China's government has ordered 2,087 steel and cement mills and other factories with poor energy efficiency to close as it struggles to cut waste and improve the country's battered environment.

August 7, 2010 - Asian Stocks Rise for Fifth Week; Cheung Kong, Hutchison Climb on Earnings - Asian stocks rose, driving the MSCI Asia Pacific Index to its fifth weekly advance, as investor expectations of improving corporate earnings in the region overshadowed concerns that employment in the U.S. will falter.

August 6 ,2010 - China's Stocks Rebound as Bank Stress Test Concerns Ease, Food Shares Rise - China’s stocks rebounded, extending gains for the benchmark index to a third week, as concerns about banks’ stress tests eased and agriculture companies advanced after the worst floods in a decade boosted food prices.

August 5, 2010 - China’s Stocks Fall on Banks’ Stress Tests; Developers Slide - China’s stocks fell on concern that the property market may slump further, reducing the earnings of the nation’s banks, after regulators told lenders to gauge the effect of real-estate prices sliding by as much as 60 percent.

August 5, 2010 - Asia Stocks Rise on Toyota Earnings, U.S. Optimism; Wheat Jumps - Stocks in Europe rose and U.S. index futures fluctuated before European Central Bank comments and American jobs reports. The Swiss franc strengthened, gold climbed for a seventh day and wheat jumped to a 23-month high.

August 5, 2010 - China Tests Said to Check Risk of Cash Crunch Among Developers - China’s stress tests of banks will assess the risk that a possible slump in property prices may strain developers’ finances and cause homebuyers to default, a person with knowledge of the matter said.

August 4, 2010 - Yuan Retreats From Three-Week High as Slowing U.S. May Damp China Exports - The yuan retreated from a three-week high and offshore currency forwards slipped on concern demand for the Asian nation’s exports will slow amid signs the U.S. economic recovery is losing traction. U.S. data released overnight showed that consumer spending, pending home sales and factory orders in the world’s largest economy were weaker than economists’ forecasts. China’s manufacturing expanded at the slowest pace in 17 months in July, while non-manufacturing activity accelerated, according to the Federation of Logistics and Purchasing. The dollar’s relative strength index against the yuan slid to 33.61, and a level below 30 would indicate the greenback is poised to rally.

August 2, 2010 - China Manufacturing Faces `Slowdown, Not a Meltdown' - China’s July manufacturing data were the weakest in more than a year as the government clamped down on property speculation and investment in polluting and energy- intensive factories.

August 1, 2010 - Chinese Manufacturing Grows at Slowest Pace in 17 Months as Economy Cools - China’s manufacturing grew at the slowest pace in 17 months in July as the government clamped down on property speculation and investment in energy-intensive and polluting factories. The Purchasing Managers’ Index fell to 51.2 from 52.1 in June, the Federation of Logistics and Purchasing said on its website today. That was less than the median forecast of 51.4 in a Bloomberg News survey of 15 economists. A reading above 50 shows an expansion.

July 31, 2010 - Shanghai Index Declines, Paring Biggest Monthly Gain in a Year on Earnings - China’s stocks dropped, paring the benchmark index’s biggest monthly advance in a year, on concern recent gains were excessive relative to earnings prospects.

China Options Signal Tumble on Record Bearish Bets

China Daily Biz statistics

China Daily General Business news


Disclaimer

The contents of this presentation contain statements that may constitute “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements may include financial and other projections, as well as statements regarding future economic events, or the assumptions underlying any of the foregoing. Forward-looking information involves significant risks, assumptions, uncertainties and other factors that may cause actual future results or anticipated events to differ materially from those expressed or implied in any forward-looking statements and accordingly, should not be read as guarantees of future performance or results.

Actual results, performance or achievement could differ materially from those expressed in, or implied by, any forward-looking statements made and, accordingly, viewers should not place undue reliance on any such forward-looking statements. New factors emerge from time to time, and it is not possible for anyone to predict all of such factors and to assess in advance the impact of each such factor on any of the financial or commodity markets.

This is not investment advice and you need to review this information with your tax, legal and financial advisors before acting upon this information.