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China Emerging Markets News. Service for global professionals. Constantly updated news and information about China.
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Latest China Emerging Markets News

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  • Top fund manager bets big on China firms 26 Nov 2009 03:37 GMT
    ... considers the new darlings of the market: Chinese tech companies including NetEase.com and Sohu.com. "The growth ... sticking with US, European and Australian companies. Emerging market companies entail a higher risk of government ... "If you sell corn here or in China, it's still corn - it's a global ...

  • Surge in Chinese Bank Lending in 2009 Leads to Fall in Bank Capital 26 Nov 2009 03:35 GMT
    ... it the carry trade? Are traders selling emerging market stocks and high-yield currencies and parking the ... The reported overnight that the surge in Chinese bank lending in 2009 led to a fall ... And while we're on the subject of China we should relay that Citic Pacific Ltd, ...

  • AGCO to invest $100m in China 26 Nov 2009 03:51 GMT
    ... Wednesday it would invest $100 million in China in the next three to five years ... years to boost its presence in the emerging market. The company will open two factories in ... He said the subsidy offered by the Chinese government for the farmers which topped 13 billion ...

  • Merck KGaA plans '¬150m clinical R&D centre in China 26 Nov 2009 04:31 GMT
    ... KGaA plans €150m clinical R&D centre in China Merck KGaA says China’s growing drug market is ... hub it plans to set up in Beijing. The facility, which will be operated by Serono, will ... further develop in-house clinical research capacity in emerging markets ,” adding that the firm already has ...

  • Stronger rand may keep inflation down but it destroys jobs 26 Nov 2009 03:30 GMT
    ... the rand one of the most volatile emerging market currencies. According to data from the Economist ... 2.2 percent for Brazil, Russia, India and China, 2.1 percent for other emerging markets in the Group of 20, and 3.4 ...

  • Growing Momentum for Green Energy Investing 26 Nov 2009 01:44 GMT
    ... there are some misperceptions out there. Take China, for example. Anybody looking at China in ... the largest photovoltaic manufacturing companies is a Chinese company. Right now their biggest market is Europe, ... the space. We saw a very important emerging market that had no real service. There are ...

  • P&G turns to innovation to win more customers 26 Nov 2009 00:34 GMT
    ... sales revenue and volume for 2009 in China will grow faster than in the previous year, ... from $81.7 billion in fiscal 2007. But emerging markets gained profits. In China, "last year was ... leading sanitary care producer worldwide, said in Shanghai in late October that the company will invest in ...

  • An export focus is key to success 26 Nov 2009 04:35 GMT
    ... from the UK. For example, this week sees around 30 companies visiting Hong Kong, Shanghai and Guangzhou. Alongside established destinations such as China, the US, and the Netherlands, we are always looking to explore new, or emerging, markets. ...

  • Mr. Singh Goes to Washington ' Part II 26 Nov 2009 04:31 GMT
    ... returned from his own high-profile trip to China. Economic cooperation certainly occupied much of the agenda. ... talent and products from India and other emerging markets to developed countries. Such business models may ...

  • Another lost decade for investors? 26 Nov 2009 04:37 GMT
    ... S&P 500 fund you had invested in China -- say, by buying into Matthews China (MCHFX). Instead of ... a mutual fund that invested broadly in emerging markets, such as the T. Rowe Price Emerging ...

  • GlaxoSmithKline and Gilead announce agreement to commercialise Viread® for chronic hepatitis B in key Asian countries 26 Nov 2009 04:37 GMT
    ... Kong, Singapore, South Korea and Taiwan. In China, GSK will have exclusive commercialisation rights and registration responsibilities ... HBV under certain circumstances. Abbas Hussain, President, Emerging Markets GSK said, “The agreement with Gilead to ...

  • HP triples buyback plan 26 Nov 2009 04:35 GMT
    ... share repurchase program to $12 billion as China sales and better profit margins on its services boosted ... to a certain extent in the U.S, emerging markets, where consolidation is taking place, is providing ...

  • Philippines-Market factors to watch - Nov 26 26 Nov 2009 01:11 GMT
    ... MANILA, Nov 26 (Reuters) - Here are news ... recovery > European companies call for stronger Chinese yuan Hard liquor maker Tanduay Distillers Inc, a subsidiary ... 2 pct on inventory data, dollar > Emerging markets jump, US data hint at recovery > ...

  • Mobile Phone Displays Units Up 30% On-Quarter in 2Q09 26 Nov 2009 04:32 GMT
    ... are expected to see subscriber growth of less than 10% Y/Y in 2009, while emerging markets like India and China are driving growth. These booming regions had a higher global system for mobile communication (GSM) penetration ...

  • Wipro's bagful of ideas 26 Nov 2009 04:40 GMT
    ... replacing Russia in the BRIC classification of emerging markets. In the first quarter of the current ... rate of 45 per cent), followed by China and Indonesia. Overall, Unza accounts for 40 per cent ...


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Quote of the Day

"There are nice statements, public announcements by governments and leaders of the developed countries. But if you look at the actions they have been taking, we believe there is a lot of ground to make up. In general, what we wish to see is that the develo"
— Yu Qingtai, China’s special representative to climate change talks in Copenhagen

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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8277
EUR 1 = CNY 10.2544

Hong Kong Dollar:
USD 1 = HKD 7.7500
EUR 1 = HKD 11.6397

Macau Pataca:
USD 1 = MOP 7.9825
EUR 1 = MOP 11.9889

Taiwan Dollar:
USD 1 = TWD 32.2230
EUR 1 = TWD 48.3954

USD 1 = EUR 0.6658
EUR 1 = USD 1.5019

Closing Stocks:
Shanghai A: 3,451.06(2.05%)
Shenzhen A: 1,275.08(3.34%)
Hang Seng: 22,597.98(0.78%)
Taiwan Taiex: 7,756.31(0.54%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Nov. 26

China entered Korean conflict, sent troops across Yalu River.
What year was it?

The International Olympic Committee voted to re-admit China after an absence of 21 years.
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25 November 2009
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