|KINA EN ØKONOMISK KJEMPE
|Håper dere allerede har begynt å sikre dere tilgang til fremtidig lukrative landområder, dersom loven trer i kraft.
|KINA:HANDELSBALANSEN USD +23,8 MRD I FEBRUAR, EKSPORT +51,7% Å/Å
Oslo (TDN Finans): Kinas handelsbalanse viste et overskudd på 23,8
milliarder dollar i februar 2007, mot et overskudd på 15,9 milliarder
dollar måneden før.
Det melder kinesiske statistikkmyndigheter, ifølge Bloomberg News mandag.
Ifølge estimater Bloomberg News hadde innhentet på forhånd var det ventet
et overskudd på handelsbalansen på 7,3 milliarder dollar.
Eksporten steg 51,7 prosent på årsbasis til 82,1 milliarder dollar, mot en
vekst på 33,0 prosent måneden før, og en ventet vekst på 25,2 prosent.
Importen var opp 13,1 prosent til 58,3 milliarder dollar, mot en vekst på
27,5 prosent i foregående måned, og en ventet vekst på 19,8 prosent.
Råoljeimporten steg åtte prosent til 12,1 millioner tonn i februar 2007 i
forhold til samme periode i fjor, mens råoljeimporten steg 5,7 prosent til
25,8 millioner tonn i januar og februar 2007 sammenlignet med samme periode
året før. Kina eksporterte ikke råolje i februar. I de to første månedene
samlet falt råoljeeksporten med 31,1 prosent til 0,3 millioner tonn i
forhold til samme periode året før.
Importen av oljeprodukter falt 1,4 prosent til 5,1 millioner tonn i januar
og februar, mens den var på 2,28 millioner tonn i februar alene. Eksporten
av oljeprodukter steg 12,9 prosent til 2,34 millioner tonn i januar og
februar, og var på
1,41 millioner tonn i februar.
Kulleksporten falt 29,6 prosent til 7,71 millioner tonn i januar og
februar, og var på 4,42 millioner tonn i februar.
|Kina's utenrikshandel hadde en svak måned i mars, men tigeren kom brølende tilbake i April.....
China Trade Surplus Widens Ahead of Paulson Summit
By Nipa Piboontanasawat
May 11, 2007
(Bloomberg) - China's trade surplus swelled 63 percent in April from a year earlier to $16.9 billion, topping economists' forecasts and adding to tensions with the U.S. as the countries' policy makers prepare for a summit this month.
Exports jumped 26.8 percent and imports climbed 21.3 percent, the General Administration of Customs said on its Web site. The trade surplus for the first four months was $63.3 billion, 88 percent higher than a year earlier.
The gap gives more ammunition to U.S. lawmakers who say China benefits from an undervalued currency, two weeks before Treasury Secretary Henry Paulson and Vice Premier Wu Yi meet for trade talks in Washington. China this week agreed to buy $4 billion of U.S. technology products and allowed the yuan to have the biggest gain since the end of a dollar link.
``The yuan will have to appreciate further,'' said Chris Leung, senior economist at DBS Bank Hong Kong Ltd. ``The pace is already speeding up ahead of Wu's arrival in the U.S.,'' which will ``alleviate tension and create a better atmosphere.''
The yuan rose 0.22 percent to 7.6766 to the dollar at 5:30 p.m. in Shanghai, for the biggest weekly gain since the end of a fixed exchange rate in July 2005. The currency has climbed 7.8 percent since the dollar link was dropped.
April's trade surplus widened from $6.9 billion in the previous month and $10.4 billion a year earlier. Exports grew 6.9 percent in March and 23.7 percent in April 2006.
Les mer her
Og her er statistikken for handelsbalansen, hvro bare April-tallene (fra Bloomberg-artikkelen over) ikke er inkludert...
Ministry of Commerce - People's Republic of China.
Statistics of trade, Import and Export in China
Handelsbalansen utløp mars, 2007:
China Money Supply Rises 17.1%, Exceeding Target
By Nipa Piboontanasawat and Helen Yuan
May 13, 2007
(Bloomberg) - China's money supply growth exceeded the government target for a third month and lending accelerated, adding pressure on the central bank to raise interest rates.
M2, which includes cash and all deposits, rose 17.1 percent in April from a year earlier, the People's Bank of China said on its Web site today, after gaining 17.3 percent in March. That beat the 17 percent median estimate of 19 economists surveyed by Bloomberg News and the central bank's 2007 target of 16 percent.
Les mer her
[Endret 14.05.07 00:18 av OldNick]
|China Retail Sales Rise 15.5 Percent as Wages Grow
By Nipa Piboontanasawat
May 15, 2007
(Bloomberg) - China's retail sales accelerated in April, fueled by rising incomes and a stock market boom that threatens to create a bubble.
Sales rose 15.5 percent from a year earlier to 667.3 billion yuan ($86.8 billion) after gaining 15.3 percent in March, the statistics bureau said today. That was the biggest increase since May 2004 after adjusting for seasonal distortions.
"This is encouraging," said Sun Mingchun, an economist at Lehman Brothers Holdings Inc. in Hong Kong. "But it's too early to say whether it can be sustained, because part of the increase was supported by the stock market."
Premier Wen Jiabao's drive to boost consumption and reduce dependence on exports and investment in the world's fourth- biggest economy may be derailed by a share market bust. The benchmark CSI 300 Index has climbed 82 percent this year and Goldman Sachs Group Inc. cautioned May 10 that stocks may face a "correction."
The increase in retail sales beat the 15.1 percent median estimate of 19 economists surveyed by Bloomberg News. For the first four months, sales increased 15.1 percent from the same period last year to 2.8 trillion yuan.
Gome Electrical Appliances Holdings Ltd., China's biggest electronics retailer, said profit surged 75 percent in the first quarter. Tsingtao Brewery Co., part-owned by Anheuser-Busch Cos., posted an 18 percent increase in net income.
Electronics sales increased 13 percent in April from a year earlier, while those of furniture jumped 53 percent. Jewelry sales rose 31 percent.
Among 724 executives in China, 61 percent said they will increase hiring in the second quarter, up from 59 percent in the previous three months, according to a survey by recruitment firm Hudson Global Resources.
China's economy grew 11.1 percent in the first quarter as exports boomed, flooding the financial system with cash. Households have switched money from bank deposits to shares.
"I make about 5,000 yuan a month investing in stocks," said Peng Li, 25, a student eating at the food court of the Mix C Shopping Mall in Shenzhen. "I spend most of my money on eating and shopping with friends."
China will strengthen implementation of minimum wages and improve public welfare to support consumption, Premier Wen Jiabao told lawmakers at the annual meeting of the National People's Congress in March.
Disposable incomes in urban areas jumped 19.5 percent in the first quarter and rural households' earnings climbed 15.2 percent.
"Most Chinese people live in the country and the government needs to further boost rural incomes to expand consumption," said Zuo Xiaolei, chief economist at China Galaxy Securities Co. in Beijing.
Retail spending in towns and cities jumped 16 percent in April from a year earlier. In rural areas, the increase was 14.6 percent.
The increased wealth of China's consumers is leading retailers to boost investment. Suning Appliance Co., China's second-biggest home appliance retailer, last month said it plans to raise about 2.4 billion yuan by selling shares to develop a chain of 250 outlets and two flagship shops in Shanghai and central Wuhan city.
Retail sales increased 13.7 percent in all of 2006. Economists often combine figures for the first two months of each year to eliminate Lunar New Year holiday distortions.
I fjor spiste Kina 250.000 tonn av side Cu-lagre, og tilsynelatende sank det kinesiske forbruket av raffinert Cu.
Det førte til at LME-traderne kjørte prisen ned i $2.50/lb.
I år må de istedet bygge lagre, og det fører til en ny eksplosjon i importen.
Er det noen som påstår av bullmarkedet i råvarer er forbi ?
Copper Futures Rise in New York on Surging Chinese Imports
By Millie Munshi
May 15, 2007
(Bloomberg) - Copper rose in New York after imports into China, the world's biggest consumer of the metal, surged 61 percent in the year's first four months.
China imported 1.08 million metric tons of copper and copper products from January through April, according to preliminary data issued today by the Beijing-based customs office. Imports in April jumped 68 percent to 304,672 tons from a year earlier. Copper futures have climbed 23 percent this year on speculation that China's economic growth will boost demand.
"Chinese imports have been leading the copper price," said Patrick Chidley, an analyst at Barnard Jacobs Mellet LLC in Stamford, Connecticut. "The real question is whether this demand will continue and where it's going to go from here."
The copper futures dropped 4.1 percent last week amid speculation that China may have an adequate supply of the metal, used in pipes and wires.
April imports were down from a record 307,740 tons in March, an indication that China's demand may be starting to wane, Sahil Kapoor, an analyst at Kotak Commodity Service Ltd. in Mumbai, wrote in a report today.
[Endret 15.05.07 07:25 av OldNick]
[Endret 15.05.07 16:41 av OldNick]
|Snart mangel på arbeidskraft i kina
|"This is a relatively small casino"
Greenspan's China-Stock `Correction' May Not Spread
By Simon Kennedy and Scott Lanman
May 30, 2007
(Bloomberg) - Even if former Federal Reserve Chairman Alan Greenspan is right, the "dramatic contraction" he predicts for Chinese stocks isn't likely to infect the international economy.
That's the conclusion of a number of international economists and former government officials around the globe. They say China's economy shows little correlation with its stock market, foreigners are mostly excluded from owning shares and Chinese participation is limited to less than 10 percent of the population, reducing the effect of a bursting bubble.
"This is a relatively small casino," said Edwin Truman, a former director of the Federal Reserve's international finance division and now a senior fellow at the Peterson Institute for International Economics in Washington. "Even the implications for the Chinese economy should be minor"
Les mer her
|Som det vert nemnd i denne artikkelen er det uhyre sjeldan at ei boble har vorte spådd i forkant. Greenspan har sjølv oversett to. .
The great wall of money
|Er det en boble da? Eller vokser kinesiske selskapers inntjening og omsetning så fort at P/E 45 er OK? Er vår egen REC en boble, ingen tør si det?
|Slowdown i Kina ?
Ikke enda, veksten er formidabel - og India ligger like i hælene...
China's Industrial Output Growth Accelerates in May
By Nipa Piboontanasawat
June 14, 2007
(Bloomberg) - China's industrial production growth unexpectedly accelerated in May, underscoring the government's failure to cool the world's fastest-growing major economy.
Output rose 18.1 percent in May from a year earlier, the National Bureau of Statistics said today, after gaining 17.4 percent in April. That compared with the 17 percent median estimate of 19 economists surveyed by Bloomberg News.
China's Premier Wen Jiabao said last night that monetary policy needs a ``moderate tightening'' to prevent the economy from overheating, suggesting the central bank may raise interest rates. Record trade surpluses have pumped money into the financial system, stoking investment, inflation and a stock market boom.
"China has a long way to go in terms of monetary policy tightening and it won't be finished soon," said Chris Leung, senior economist at DBS Bank Ltd. in Hong Kong.
The central bank has raised interest rates twice this year and ordered lenders to set aside more reserves five times. The benchmark one-year lending rate is 6.57 percent and the deposit rate is 3.06 percent.
Output growth was the fastest since the 18.5 percent pace of January and February. Figures for those months are combined to eliminate distortions caused by the timing of Lunar New Year holidays.
For the first five months, industrial production climbed 18.1 percent from the same period last year, up from 16.6 percent growth for all of 2006.
"Strong industrial production in China reflects strong external and internal demand," said Shane Oliver, chief economist at AMP Capital Investors in Sydney. "It's also too early for recent monetary tightening to have had an impact."
Retail sales climbed 15.9 percent in May from a year earlier, the biggest increase in three years, and exports jumped 28.7 percent.
"Increases in lending rates and reserve requirements should help stabilize fixed-asset investment and industrial production this year," said Huang Haizhou, an economist at Barclays Capital in Hong Kong.
China Shoto Plc, a provider of batteries and power supply systems, increased production to meet rising demand, the company said this month.
In India, the world's second-fastest growing major economy, industrial production rose 13.6 percent in April from a year earlier.
Fixed-asset investment in urban areas probably grew 25.4 percent in the first five months from a year earlier, according to a Bloomberg News survey. The statistics bureau will release the figures at 10 a.m. tomorrow.
Inflation accelerated in May to 3.4 percent, the highest in more than two years.
Besides monetary policy, the government has tightened approvals of investment projects, curbed land use, increased energy costs, and cut export rebates to discourage wasteful spending on factories.
China last month started a campaign to cool excess growth in industries including iron, steel, copper, aluminum, zinc and cement that pollute and consume energy heavily.
[Endret 14.06.07 10:43 av OldNick]
|Chinese Investors Freed To Play World Markets
Kan ikke dette bli litt spennende da?
|Uhyre spennende vil jeg tro.
Men, effekten vil vi vel se først og fremst på de kinesiske børsene.
Fortsetter de opp, går lite utenlands, dropper de, begynner vel folk å flytte pengene sine til Hong Kong til å begynne med.
|Og, China som oppskrev veksten i 2006 til 11.1% (fra 10.7%), har fortsatt i samme trend i 2007.
2 kvartals vekst viser en aksellererende økonomi (som sentralbanken har advart om kan løpe løpsk og overopphetes).
Sterk prisvekst, spesiellt for matvarer driver inflasjonen i China. Dette ble anekdotisk rapportert i begynnelsen av juni (Reuters/NYTimes etc.), da spesiellt for grisekjøtt.
China's Economy Grows at Fastest Pace in 12 Years
By Nipa Piboontanasawat
July 19, 2007
(Bloomberg) - China's economy grew at the fastest pace in 12 years in the second quarter and inflation surged, prompting speculation the government will raise interest rates and push the currency higher to cool growth.
Gross domestic product expanded 11.9 percent from a year earlier, the statistics bureau said in Beijing today, exceeding all estimates of 23 economists surveyed by Bloomberg. Inflation climbed to 4.4 percent in June, the fastest since September 2004, breaching the central bank's 3 percent target for a fourth month.
Growth was powered by investment in factories and real estate that the government has been unable to cool with two rate increases this year and restrictions on bank lending. Allowing the yuan to strengthen may also help quell tensions with the U.S. and Europe, which say China's record exports reflect the unfair advantage of an artificially low currency.
"Accelerating inflation and a rebound in fixed-asset investment heighten the risk of overheating," said Wang Qing, chief China economist at Morgan Stanley in Hong Kong. "Demand in key sectors is not outstripping supply yet, but the government is concerned." Wang expects an interest-rate increase "any time from now."
The yuan rose to as much as 7.5615 against the dollar, the highest since China abandoned a decade-old peg to the dollar in July 2005. It traded at 7.5637 at 2:10 p.m. in Shanghai, from 7.5639 before the report was released. The currency has climbed 9.4 percent since the link ended.
That isn't enough for some U.S. lawmakers. Presidential candidates Senators Hillary Clinton and Barack Obama plan to co- sponsor legislation pushing for faster gains in the yuan.
"What they really need to do is accelerate the pace of currency appreciation," said Frank Gong, an economist at JPMorgan Chase & Co. in Hong Kong. "One major reason for the strong growth is the expanding trade surplus."
Liang Hong, senior economist at Goldman Sachs Group in Hong Kong, increased her 2007 GDP forecast to 12.3 percent from 10.8 percent. Calyon, the investment banking unit of Credit Agricole SA, raised its forecast to 11.2 percent from 10 percent.
"Our forecasts assume decisive policy tightening taking place in the second half of 2007," said Goldman's Liang, predicting two more 27-basis-point interest-rate increases this year, a reduction in the amount of money available for lending and other measures to restrict investment.
"China will continue to strengthen and improve macro- economic controls in the second half of this year" to keep money supply and lending under control, said Li Xiaochao, spokesman for the statistics bureau.
The central bank is expected to increase the benchmark one- year interest rate from 6.57 percent and the deposit rate from 3.06 percent at least once this year, according to 21 of 25 economists surveyed by Bloomberg News last month.
China's economy accounts for about a 10th of global growth and its appetite for commodities drove the prices of nickel and iron ore to records this year. Premier Wen advocates "moderate" measures to cool growth. He wants to avoid a sudden slowdown that could throw hundreds of thousands out of work and ignite social tension in the world's most populous nation.
A shortage of pigs following an outbreak of disease and surging international grain prices were among the main drivers of China's inflation, complicating efforts of the central bank to contain unpopular price increases.
Food inflation accounted for 2.5 percentage points of the overall 3.2 percent inflation for the first half, the statistics bureau said.
Rising food prices, high stock and property prices and excessive liquidity from the nation's record trade surplus ``may in combination push inflation further,'' said Li.
"Tightening monetary policy isn't going to immediately rectify rising food prices," said Jing Ulrich, chairwoman of China equities at JPMorgan Chase & Co. in Hong Kong. "The government will have to use different methods."
The government will increase the supply of poultry, beef and eggs and tighten controls on corn exports, the National Development and Reform Commission, the country's top planner, said this week.
Inflation has fueled some stock-market speculation because it outpaced returns on bank deposits, encouraging households to bet on equities. The key one-year deposit rate is 3.06 percent. The benchmark CSI 300 stock index has gained 87 percent this year.
To make savings more attractive, lawmakers last month passed legislation that will allow the cabinet to scrap or reduce a 20 percent tax on interest income. In May the government raised stamp duty on share trades to cool the stock market.
The CSI 300 has fallen about 11 percent since its June 19 record. The index fell 1.26 points to 3806.31 at 2:12 p.m. in Shanghai.
Fixed-asset investment in urban areas jumped 26.7 percent in the first half from a year earlier, up from 25.3 percent in the first quarter.
China is also trying to encourage consumer spending by raising minimum wages and improving social security. Retail sales rose 16 percent in June from a year earlier after gaining 15.9 percent in May.
"Investment growth is likely to moderate, given continued monetary and administrative tightening," said JPMorgan's Gong.
|Og, verdens tredje økonomi (beregnet på offisielle valutakurser), er de blitt.
Bare USA og Japan er foran.
Beregnet på PPP-basis er China like bak USA og langt foran Japan. Om mindre enn 5 år er China foran USA (igjen på PPP-basis).
Der kommer India på 4'dje plass.
Ref: CIA: The World Factbook
Kina har passert Tyskland som verdens tredje største økonomi.
18 juli, 2007 - NTB (dn.no)
Bare USA og Japan har nå en totaløkonomi større enn Midtens rike.
Det skjedde antakeligvis allerede for et par måneder siden, sier sjeføkonom Stephen Green i Standard Chartered Bank i Shanghai.
Vi går ut fra at de offisielle tallene for brutto nasjonalprodukt ligger 10-20 prosent under de virkelige tallene.
Siden 1999 har Kina, med en årlig vekstrate på rundt 10 prosent, tidligere passert store industrinasjoner som Italia, Frankrike og Storbritannia. Nå gjenstår bare Japan og USA.
Veksttallene for 2006 ble for kort tid siden korrigert fra 10,7 til 11,1 prosent.
Allerede i slutten av 2005 overrasket statistikere med å fortelle at Kinas økonomi var 16,8 prosent større enn man til da hadde trodd.
Omregnet per hode kommer imidlertid Folkerepublikken med sine 1,3 milliarder mennesker helt ned på 89. plass i verden.
|Ingen tvil om at Kina er på vei økonomisk. Det eneste jeg ikke skjønner er at både EU og USA er bekymret over arbeidsplassene forsvinner ?
Det burde jo være tvert imot. Vi har jo fått alle fordeler. Forurensende industri er overlatt til Kina, som produserer varer for oss til slavelønninger, ofte subsidiert av staten gjennom eksportstøtte.
Vår inflasjon er flat, alene takket være billigere import. Prisen på klær og skotøy er latterlig lave. Skulle vi eller Europa produsert dette selv, ville prisene vært 3-4 ganger høyere.
Nei, "stakkars" Kina, der bygger man opp et forurensningsproblem man knapt kan tenke seg. Vann og land forurenses i en skala ingen har sett maken til. Kostnadene dette vil kreve i fremtiden er antagelig astronomisk.
De vestlige land som har begynt en opprydding av gamle synder i så måte, ser jo hvilke kostnader dette innebærer.
Så i sum, hva får vesten. Varer alt for billig. Nesten all skitten produksjon eksportert, mens mesteparten av fortjenesten allikevel havner hos oss.
Kunne vi planlagt det bedre ?
Stakkars Kina (og andre emerging countries)
[Endret 19.07.07 10:39 av falitt]
|China overførte i vinter av US$300 mrd. (av sine ca. $1.330 - pr. juli-07 i valutareserver) i et investeringsfond for internasjonale investeringer.
En av de profilerte investeringene de har gjort, er å gå inn med $3 mrd. i Blackstone Group (BX.N), Private Equity-selskapet til Stephen Schwarzman.
Den investeringen har ikke vært særlig gullkantet til nå (p.g.a. tilstrammingen i kredittmarkedet, som slike PE-selskaper lever på), og følgende artikkel i NYTimes.com forteller om hvordan det foregikk, og om kritikk de har fått hjemme.
Feeling the Heat, Not Breathing Fire
By KEITH BRADSHER, NYTimes.com
Aug. 3, 2007
HONG KONG, Aug. 2 — The first purchase by the Chinese government’s new overseas investment fund, a $3 billion stake in the Blackstone Group, has produced an unusual public reaction within China.
Stephen A. Schwarzman, above, and Peter G. Peterson are the founders of the Blackstone Group, which has not done well since going public.
Since Blackstone went public on June 22, the company’s shares have fallen steeply, pushing down the value of the Chinese government’s investment by more than $425 million in just six weeks.
Chinese bloggers, and even some financial media, have not taken the hammering lying down. They are assiduously tracking the dwindling value of the government stake, and some bloggers and postings in Internet chat rooms are bitterly questioning Beijing’s stock judgment — often in particularly Chinese terms.
“O senior officials of the Chinese government, please do not be fooled by sweet-talking wolves dressed in human skin,” said one of seven scathing Internet postings compiled by an anonymous blogger on Sina.com, a Chinese Web site. “The foreign reserves are the product of the sweat and blood of the people of China, please invest them with more care!”
In a sign that the Chinese government may be less comfortable with the marketplace of ideas than they are with the stock market, the blogger’s entry was visible on the Web site on Thursday afternoon, but had disappeared by Thursday night. Access to other entries by the same blogger was blocked, but milder criticisms of the Blackstone investment by others could still be found.
Les mer her
[Endret 03.08.07 15:31 av OldNick]
|Momentum fuels China markets
|Hvordan vil dagens melding påvirke aksjemarkedet i dagene fremover?
Kina setter opp renten
Sentralbanken i Kina har satt opp utlåns- og innskuddsrentene for å forsøke å bremse inflasjonen.
Sentralbanken i Kina satte lørdag opp utlåns- og innskuddsrentene med 0,25 prosentpoeng for å forsøke å bremse inflasjonen.
Det er andre gang på tre måneder at Kinas sentralbank setter opp renten for å bremse inflasjonen og utlånsveksten.
I en kunngjøring lørdag heter det at den ettårige utlånsrenten settes opp med 0,25 prosentpoeng til 5,81 prosent. Innskuddsrenten settes også opp med 0,25 prosentpoeng, til 2,75 prosent.
Konsumprisindeksen steg med 5,1 prosent fra november i fjor til november i år. Det er første gang på mer enn to år at inflasjonen har økt så mye. En årsak til økningen var at matvareprisene har steget med nesten 12 prosent på ett år. (©NTB)
|Boligkrakk i kinesiske spøkelsesbyer...
|Gammelt "nytt" highlander.
|China, South Korea Affirm Commitment to Nuclear at Energy Summit
by Timothy Hurst
Jan. 16, 2012
In front of a packed house of dignitaries, delegates and energy industry leaders assembled for the 2012 World Future Energy Summit in Abu Dhabi, United Arab Emirates, Chinese Premier Wen Jiabao and Korean Prime Minister Kim Hwang-sik each independently reaffirmed their country's commitment to nuclear power as an essential part of a low carbon future. Speaking at the opening ceremony of the World Future Energy Summit in Abu Dhabi on Monday morning, the two leaders outlined their country's clean energy and energy efficiency accomplishments over the last several years, and outlined the framework for transitioning to a low carbon energy economy in the years to come.Chinese nuclear power plant
"We will gradually change the current energy mix dominated by coal," Chinese Premier Wen Jiabao said at the opening session of the 2012 World Future Energy Summit, by raising the output of "natural gas, renewable energy and nuclear energy," referring to nuclear as "safe, reliable and technologically mature."
Premier Wen outlined a long list of Chinese accomplishments in renewable energy and energy efficiency, capping them off by reporting that China now gets 11% of its electricity from renewable energy.
But Premier Wen underscored that the transition to clean energy would not be sudden. "Fossil fuels will continue for a long time," Wen told conference attendees. "So we need to follow a low-carbon approach to carbon-intense technologies," Wen said.
Mer på link over.
|Interaktiv database som omfatter China's store utenlands investeringer siden 2005.
Meget bra, man får opp 2 grafer per land;
- Beløp investert i ulike sektorer (9)
- Beløp investert per år.
China Global Investment Tracker Interactive Map
Heritage Foundations 2012
China's investment overseas is increasingly important to the United States and the international community. The China Global Investment Tracker created by The Heritage Foundation is the only publicly available, comprehensive dataset of large Chinese investments and contracts worldwide beyond Treasury bonds. Details are available for almost 500 attempted transactions -- failed and successful -- over $100 million in all industries, including energy, mining, transportation and banking.
For more information on the growing Chinese investments
Chinese Outward Investment: More Opportunity Than Danger
Chinese investment is not taking the world by storm financially, nor will it in the near future. It does not pose a major threat to the U.S., either in the purchase of American assets or expansion of Chinese influence around the globe. At home, U.S. policy concerning Chinese investment should be more transparent. Overseas, the best reply is to expand American commercial influence--for instance, through free trade agreements. These steps will help to create more economic opportunities in the U.S. and enhance America's global position.
China's Investment Overseas in 2010
The dominant feature of Chinese outward investment in 2010 was a rush to South America, particularly Brazil. Overall investment grew only modestly. The energy and power sectors continued to be the most attractive for Chinese enterprises. Troubled or failed investments - a huge problem in 2009 - were much less prominent in 2010. An obvious implication for American policy is to expand trade and investment ties to South America and around the world.
Rebalancing Chinese Investment In The U.S.
Well over 90 percent of Chinese investment in the U.S. goes to low-yield government bonds. Investment is skewed toward the government due to the foolish and destructive American federal budget deficit, but also because political opposition blocks Chinese spending outside bonds. There are certainly sectors important to national security that should be off-limits but, beyond those, the U.S. should accept more non-bond investment.
Deler av databasen (de største transaksjonene >$100m) kan lastes ned i Excel-format her
|While the number is likely influenced by the Chinese Lunar New Year, property consultant Shanghai UWin Real Estate Information Services Co. released an update on the Chinese new home sales market which is, to say the least troubling. Specifically, according to UWin, Shanghai new home prices fell 40.96% in the week ended January 29, compared to the previous week, to 16,144 yuan/square meter. If correct, it means that local homeowner violence is about to come back with a vengeance, as happened back in October when property developer office were stormed by angry mobs of home purchasers who saw an implosion in the indicated values of their purchases. Furthermore, not only has the market stalled, but it appears to be frozen, with just 4,400 square meters of new transactions closing, or an 89.21% drop on the week. And while the holiday has an impact, the volume is 36% of the 7 year average for Chinese holidays, so there is more in play here than just a seasonal grind. So just like the Baltic Dry where everyone is expecting a surge "any minute now" that the Chinese new year is over, nervous China bulls will have this new vertical to keep track of and make sure that it is merely a blip, as the alternative is a full blown Chinese housing bubble collapse.
More specifics from Bloomberg:
New home transactions by area plunged 89% W/w in Jan. 23-Jan. 29 to 4,400 sq/m, Uwin says in e-mailed statement.
Sales during Chinese New Year holiday decline to lowest level since 2006 for same period; volume 36% of 7-yr avg. for CNY holiday
Avg. new home price down 41% W/w
New home supplies plunged 87% W/w
Property developers may have to continue price cuts for cashflow to survive, Uwin analyst Zhijian Huang says
China may remove or relax home purchase restrictions during June-Oct period: Huang
Policy turnaround may boost sales before home prices rebound moderately: Huang
|Skrekk og gru.
|After Power Switch, China Market Will Light Up
By LESLIE P. NORTON, Barron's
Feb. 11, 2012
Hong Kong-based Value Partners' Cheah Cheng Hye says mainland P/Es aren't stretched. Some energy and housing Chinese companies look attractive.
The I Ching, one of China's most ambiguous ancient books, says "in springtime, the dragon is useless." It may well be speaking about Chinese equities. Despite the rally in Chinese bourses early this year, the coming change in Communist Party senior leadership and the uncertain global economy may cap further gains.
That is the view, at least, of Cheah Cheng Hye, who leads Hong Kong-based Value Partners. Cheah, a Malaysian-born former journalist, is a well-regarded investor who focused first on deeply mispriced small-caps, and then widened his net to include all sorts of companies benefiting from China's growth and growth in the Asia-Pacific.
With assets of $7.2 billion, the 19-year-old firm offers a range of funds, including long-only, hedge funds, and private-equity funds. Cheah's 30 co-workers do 2,500 company visits a year in China, and thus have well-founded opinions about the outlook for the economy and markets. As the lunar new-year celebrations ended and the year of the dragon began, we asked Cheah, 58, to share his views.
Barron's: What should we expect for China's economy?
In 2012, the economy is on track for growth of 8% to 9%. Last year, growth was estimated at 9.2%. China is in reasonable shape, but the era of double-digit growth-of 10%, 11% a year-is over. The Chinese government doesn't have as many bullets as it did before to stimulate the economy, as it did in 2009. Now, all the senior bankers in China are essentially members of the Communist Party and appointed by the government. The banks were ordered to increase their loans very, very sharply.
Now, there is much less room for loan growth-without running a serious risk of the economy overheating, an unacceptable bubble in the real-estate market and future nonperforming loans.
Also, once every 10 years, there's a big change in Chinese senior leadership. This is the year. Until this happens, there will be a slowdown in Chinese decision-making. Also, the global situation is the first I've faced in my 30-year career where we don't have a V-shaped recovery. This affects China too. Although there's a rally going on, I don't think it has strong legs.
But a hard landing isn't in the cards?
A hard landing in Chinese terms would be growth below the official target, currently set at 7% real gross-domestic-product growth over the next five years. But it's not the number, it's the speed of deceleration. If the Chinese economy decelerated from 11% growth to 7% within 36 months, that would be serious. Fortunately, that's not happening.
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