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News Tagged By: China

China's economy stumbles in May

Risks are rising that China's economic growth will shrink again in the second quarter and that full-year forecasts will be cut further, after weekend data showed weakness in May exports and domestic...
Langi Chiang and Jonathan Standing, Reuters
Posted on 6-10-2013 at 7:13 AM
Tags: China

Lenovo looks to enter global smartphone market

China's Lenovo Group Ltd, the world's No.2 PC maker, is in detailed discussions on a smartphone venture with NEC Corp, a Japanese partner in PCs whose mobile business is faltering, as it eyes...
Lee Chyen Yee and Umesh Desai, Reuters
Posted on 6-04-2013 at 8:18 AM
Tags: China

Euro zone factory slump eases, Asia loses traction

Euro zone manufacturing contracted again last month, although at a slightly slower pace, while Asian factories lost momentum, underlining the somber prospects for the world economy in the second...
Jonathan Cable and Xiaoyi Shao, Reuters
Posted on 6-03-2013 at 7:45 AM
Tags: euro zone, China

China's Shuanghui to acquire Smithfield Foods for $4.7B

China's Shuanghui International agreed on Wednesday to buy Smithfield Foods for $4.7 billion US in cash, in a deal that will increase the flow of U.S.-made pork to the world's largest consumer of the...
Denny Thomas, Reuters
Posted on 5-29-2013 at 10:34 AM
Tags: China

Canadian Solar turns to Japan to drive shipment growth

Canadian Solar Inc reported a smaller-than-expected quarterly loss and said it was ramping up exposure to high-margin Japan as it reduces dependence on China, where intense competition has driven...
Kanika Sikka and Patturaja Murugaboopathy, Reuters
Posted on 5-28-2013 at 2:29 PM
Tags: China, Japan, Canadian Solar

Luxury brands positioned for U.S. boom

ANALYSIS: Most men might balk at spending $600 US on a pair of Dior sneakers but for U.S. shoppers like Ephraim, an upbeat 30-year-old, such indulgences are becoming increasingly commonplace.
Astrid Wendlandt and Phil Wahba, Reuters
Posted on 5-24-2013 at 2:03 PM
Tags: Retail, BRICS, U.S. Economy, China

China factory activity shrinks in May

China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its economic recovery has stalled and...
Aileen Wang and Koh Gui Qing, Reuters
Posted on 5-23-2013 at 7:56 AM
Tags: China

Bullish yuan herd leaves China fundamentals in the dust

Analysis: Investors convinced China's currency is once again a one-way bet upward should think again: signs of slowing economic growth could cut short the yuan's rally.
Gabriel Wildau, Reuters
Posted on 5-13-2013 at 8:15 AM
Tags: Yuan, China

Risks to China recovery seen as factory output feeble

China's factory output growth was surprisingly feeble in April and fixed-asset investment slowed, rekindling concerns that a nascent recovery is stalling and adding to pressure on policymakers to...
Koh Gui Qing and Kevin Yao, Reuters
Posted on 5-13-2013 at 7:11 AM
Tags: China

Policy patience seen wearing thin as yen drops

Analysis: The yen's fall past 100 per dollar highlights growing concerns about ultra-loose monetary policy around the globe and raises the prospect that policymakers elsewhere may take action to...
Vidya Ranganathan, Reuters
Posted on 5-10-2013 at 2:20 PM
Tags: International Monetary Fund (IMF), Japan, China, Federal Reserve
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