India and China will be the biggest investors by 2030, accounting for 38 percent of the global gross investment and almost half of all the world manufacturing investment, says the World Bank.
Reported by IndiaVision 5 hours ago.
↧
India, China to be biggest investors by 2030: World Bank
↧
Ai Weiwei unveils milk tin map of China in new protest piece against baby formula scandal
Chinese artist Ai Weiwei has unveiled his latest work, a map of China made from baby formula tins, in response to fears surrounding milk safety in China.
Reported by Independent 2 hours ago.
↧
↧
Cultural Attitudes Impede Organ Donations in China
China eliminating reliance on executed prisoners for organs, but cultural attitudes a barrier
Reported by ABCNews.com 5 hours ago.
Reported by ABCNews.com 5 hours ago.
↧
China urban average wage growth slows
China’s urban average wages rose at a slower clip last year, official data from the National Bureau of Statistics showed on Friday, reflecting an impact from last year’s economic slowdown.
Employees at what the bureau calls “non-private” entities in urban areas earned an average 46,769 yuan (HK$59,126) last year, up 11.9 per cent from 2011, while staff at what it considers “private institutions” earned 28,752 yuan, an increase of 17.1 per cent. Reported by S.China Morning Post 5 hours ago.
Employees at what the bureau calls “non-private” entities in urban areas earned an average 46,769 yuan (HK$59,126) last year, up 11.9 per cent from 2011, while staff at what it considers “private institutions” earned 28,752 yuan, an increase of 17.1 per cent. Reported by S.China Morning Post 5 hours ago.
↧
Organ donor cards hard to implement in China, official says
BEIJING (Reuters) - A system of donor cards indicating consent for organ transplants will not work in China as families will insist on having the final say, and many people see nothing wrong in using organs from executed prisoners, an official said on Friday.
Reported by Reuters 4 hours ago.
↧
↧
Ai Weiwei creates giant map of China from baby formula
A map of China made from more than 1,800 cans of baby formula created by dissident Chinese artist Ai Weiwei went on show in Hong Kong Friday, reflecting the controversy over mainland demand for milk powder. A surge in demand for formula in China sparked by fears over the safety of domestic milk powder has seen shop shelves around the world cleared out by Chinese buyers and unofficial exporters. The Ai Weiwei exhibit entitled ‘Baby [...]
Reported by Raw Story 5 hours ago.
↧
Dalai Lama`s China village goes for major makeover
The obscure birth place of the Dalai Lama in the mountainous region of northwest China is all set for a major makeover with the government approving a multi-million dollar plan to urbanise the entire prefecture.
Reported by Zee News 5 hours ago.
↧
Cultural attitudes impede organ donations in China
- China is phasing out its reliance on executed prisoners for donated organs, but cultural attitudes are impeding the rise of donations among the general population.
Reported by WTOP 5 hours ago.
↧
Organ donor cards hard to implement in China, says deputy health minister
A system of donor cards indicating consent for organ transplants will not work in China as families will insist on having the final say, and many people see nothing wrong in using organs from executed prisoners, an official said on Friday.
Nearly 1.5 million people in China need transplants every year, but only 10,000 can get organs, according to the Health Ministry. Reported by S.China Morning Post 4 hours ago.
Nearly 1.5 million people in China need transplants every year, but only 10,000 can get organs, according to the Health Ministry. Reported by S.China Morning Post 4 hours ago.
↧
↧
China's deputy PM warns Chinese tourists about behaving badly overseas
Wang Yang says tourists spitting, speaking loudly and other uncivilised bahaviour is damaging the country's reputation
While tour operators and department stores from New York to Paris court Chinese visitors to boost their coffers, one of the country's top leaders has warned that ill-behaved tourists are damaging the national image.
Wang Yang, one of China's four deputy prime ministers, said that while other countries had welcomed Chinese tourism, the quality of some travellers was "not high".
He said: "They speak loudly in public, carve characters on tourist attractions, cross the road when the traffic lights are still red, spit anywhere and [carry out] some other uncivilised behaviour. It damages the image of the Chinese people and has a very bad impact."
Wang told a government meeting that officials should guide tourists "to consciously obey social and public order and social morality, respect the local religions and customs, pay attention to their words and behaviour in the public, especially in the international environment, protect tourism resources and protect the environment", Xinhua, the state news agency, reported. Wang said tourists should be ambassadors for China's image.
Wang's complaint about graffiti may have been inspired by a domestic incident: there was anger recently when a vandal carved "Liang Qiqi was here" into a relic at Beijing's Forbidden City.
Chinese people made 70m overseas trips in 2011, according to the World Tourism Organisation, which predicted the annual total would rise to 100m by the end of the decade. That included trips to Hong Kong and Macau, run under the "one country, two systems" framework.
Though on average they spend less than western counterparts, their sheer number means that China has become the highest-spending nation for outbound tourism. Its tourists spent $102bn overseas last year, compared with the $84bn that both German and US tourists spent, according to the United Nations World Tourism Organisation.
Chinese tourists have raised concerns about their behaviour of their hosts, too – complaints range from lack of language skills and poor planning in South Korea to bullying guides in Hong Kong, the lack of hot water in Italian hotel rooms and the UK's "unfriendly" visa system. Britain promised this week that it would try to simplify visa applications. According to Visit Britain, the UK has seen a 39% rise in visits from China over the last five years. It welcomed 150,000 Chinese visitors last year, who between them spent £240m. Reported by guardian.co.uk 4 hours ago.
While tour operators and department stores from New York to Paris court Chinese visitors to boost their coffers, one of the country's top leaders has warned that ill-behaved tourists are damaging the national image.
Wang Yang, one of China's four deputy prime ministers, said that while other countries had welcomed Chinese tourism, the quality of some travellers was "not high".
He said: "They speak loudly in public, carve characters on tourist attractions, cross the road when the traffic lights are still red, spit anywhere and [carry out] some other uncivilised behaviour. It damages the image of the Chinese people and has a very bad impact."
Wang told a government meeting that officials should guide tourists "to consciously obey social and public order and social morality, respect the local religions and customs, pay attention to their words and behaviour in the public, especially in the international environment, protect tourism resources and protect the environment", Xinhua, the state news agency, reported. Wang said tourists should be ambassadors for China's image.
Wang's complaint about graffiti may have been inspired by a domestic incident: there was anger recently when a vandal carved "Liang Qiqi was here" into a relic at Beijing's Forbidden City.
Chinese people made 70m overseas trips in 2011, according to the World Tourism Organisation, which predicted the annual total would rise to 100m by the end of the decade. That included trips to Hong Kong and Macau, run under the "one country, two systems" framework.
Though on average they spend less than western counterparts, their sheer number means that China has become the highest-spending nation for outbound tourism. Its tourists spent $102bn overseas last year, compared with the $84bn that both German and US tourists spent, according to the United Nations World Tourism Organisation.
Chinese tourists have raised concerns about their behaviour of their hosts, too – complaints range from lack of language skills and poor planning in South Korea to bullying guides in Hong Kong, the lack of hot water in Italian hotel rooms and the UK's "unfriendly" visa system. Britain promised this week that it would try to simplify visa applications. According to Visit Britain, the UK has seen a 39% rise in visits from China over the last five years. It welcomed 150,000 Chinese visitors last year, who between them spent £240m. Reported by guardian.co.uk 4 hours ago.
↧
China: Cadillac recalling SUVs to fix wheel nuts
Government says 2,653 imported Cadillac SRXs will be recalled; unclear if the problem was limited only to such models in China
Reported by CBS News 4 hours ago.
↧
Netconcepts China Named Best SEO Company in China by topseos.cn for May 2013
The independent authority on Search vendors in China, topseos.cn, has named Netconcepts China the best SEO company for May 2013.
(PRWEB) May 17, 2013
The independent authority on Search vendors in China, topseos.cn, has released their list of the ten best SEO companies in China citing Netconcepts China as the number one SEO company for the month of May 2013. topseos.cn evaluates and ranks online marketing companies in a variety of areas based on the services they provide to their clients. The independent research team considered thousands of online marketing companies each month but only the top performing SEO companies are included in the rankings.
Netconcepts China as a leading SEO agency also provided topseos.cn with customer references which portrayed a strong dedication to customer satisfaction and services which are able to achieve what Netconcepts sets out to achieve for their customers. Customers were appreciative of the efforts and noted increased ROIs and decreased CPAs due to the greater traffic from major search engines. Netconcepts China also provides award winning pay per click management and link building services.
Through a meticulous evaluation process, Netconcepts has been revealed as the best SEO service in China based on an evaluation of their services which resulted in the identification in their ability to optimize websites for major search engines in China. Their services are specific to Chinese search engines including Baidu. Netconcepts also provides search engine optimization services in other countries as a part of a network of services around the world.
The topseos.cn independent research team spends time researching and reviewing each of the SEO companies which provide services in China through the use of a set of evaluation criteria. Five areas of evaluation are used to benchmark each of the online marketing companies and are then used to compare the best in the industry. The five areas include on page optimization, keyword analysis, off page optimization, needs analysis, and reporting methods.
topseos.cn produces the rankings on a monthly basis to help businesses looking for Chinese SEO companies find an exceptional search engine optimization company to help them achieve strong organic rankings. Those looking for an SEO company which has been put to the test and has achieved strong marks should consider Netconcepts China.
ABOUT topseos.com
topseos.com is a well-known independent authority on search vendors. Established in 2002, the goal of topseos.com is to recognize and rank those individuals or companies providing the best online marketing services all over the world. A specialized team of researchers examine thousands of applicants each month who are seeking to be ranked as a top internet marketing service provider by the independent authority. This website is being visited daily by thousands of visitors all over the world looking for the best services available. The website also provides various types of facilities other than the independent rankings which provide useful information to customers and providers of online marketing services.
For the list of the best SEO companies in China visit:
http://www.topseos.cn/best-seo-companies-in-china
For more information about Netconcepts visit:
http://www.topseos.cn/netconcepts-china Reported by PRWeb 4 hours ago.
(PRWEB) May 17, 2013
The independent authority on Search vendors in China, topseos.cn, has released their list of the ten best SEO companies in China citing Netconcepts China as the number one SEO company for the month of May 2013. topseos.cn evaluates and ranks online marketing companies in a variety of areas based on the services they provide to their clients. The independent research team considered thousands of online marketing companies each month but only the top performing SEO companies are included in the rankings.
Netconcepts China as a leading SEO agency also provided topseos.cn with customer references which portrayed a strong dedication to customer satisfaction and services which are able to achieve what Netconcepts sets out to achieve for their customers. Customers were appreciative of the efforts and noted increased ROIs and decreased CPAs due to the greater traffic from major search engines. Netconcepts China also provides award winning pay per click management and link building services.
Through a meticulous evaluation process, Netconcepts has been revealed as the best SEO service in China based on an evaluation of their services which resulted in the identification in their ability to optimize websites for major search engines in China. Their services are specific to Chinese search engines including Baidu. Netconcepts also provides search engine optimization services in other countries as a part of a network of services around the world.
The topseos.cn independent research team spends time researching and reviewing each of the SEO companies which provide services in China through the use of a set of evaluation criteria. Five areas of evaluation are used to benchmark each of the online marketing companies and are then used to compare the best in the industry. The five areas include on page optimization, keyword analysis, off page optimization, needs analysis, and reporting methods.
topseos.cn produces the rankings on a monthly basis to help businesses looking for Chinese SEO companies find an exceptional search engine optimization company to help them achieve strong organic rankings. Those looking for an SEO company which has been put to the test and has achieved strong marks should consider Netconcepts China.
ABOUT topseos.com
topseos.com is a well-known independent authority on search vendors. Established in 2002, the goal of topseos.com is to recognize and rank those individuals or companies providing the best online marketing services all over the world. A specialized team of researchers examine thousands of applicants each month who are seeking to be ranked as a top internet marketing service provider by the independent authority. This website is being visited daily by thousands of visitors all over the world looking for the best services available. The website also provides various types of facilities other than the independent rankings which provide useful information to customers and providers of online marketing services.
For the list of the best SEO companies in China visit:
http://www.topseos.cn/best-seo-companies-in-china
For more information about Netconcepts visit:
http://www.topseos.cn/netconcepts-china Reported by PRWeb 4 hours ago.
↧
Nearly 1,000 protest against China chemical plant
Beijing (AFP) May 16, 2013
Nearly 1,000 people took to the streets of the Chinese city of Kunming on Thursday in a renewed protest against a proposed chemical plant, media reports said, with Internet users voicing support. The gathering outside the Yunnan provincial government office followed a similar demonstration earlier this month, and is the latest example of growing environmental concerns in China, which its new Reported by Terra Daily 4 hours ago.
Nearly 1,000 people took to the streets of the Chinese city of Kunming on Thursday in a renewed protest against a proposed chemical plant, media reports said, with Internet users voicing support. The gathering outside the Yunnan provincial government office followed a similar demonstration earlier this month, and is the latest example of growing environmental concerns in China, which its new Reported by Terra Daily 4 hours ago.
↧
↧
China warns EU to drop telecom probe, solar panel tax
Beijing (AFP) May 16, 2013China warned the European Union against escalating trade disputes Thursday, urging Brussels to drop plans to probe Chinese telecom products and impose hefty taxes on its solar panels. The two sides are embroiled in a series of tit-for-tat disputes on items ranging from agricultural products to steel tubes, highlighting growing trade tensions amid financial uncertainties around the world. Reported by Solar Daily 4 hours ago.
↧
China denounces anticipated EU solar tariffs
Beijing (UPI) May 16, 2013China warned that the European Union's proposed levying of punitive duties on Chinese solar panels would "severely impair" bilateral trade ties. The comments Thursday by Ministry of Commerce spokesman Shen Danyang came after the European Commission agreed to a proposal to levy provisional duties ranging from 37-68 percent on Chinese solar panels, Chinese state-run news agency Xinhua rep Reported by Solar Daily 4 hours ago.
↧
FIDELITY CHINA SPECIAL SITUATIONS PLC - Total Voting Rights
Fidelity China Special Situations PLC Voting Rights and Capital as at 17 May 2013. This announcement is made in accordance with DTR5.6.1. As at 17 May 2013 Fidelity China Special Situations PLC's ...
Reported by FinanzNachrichten.de 1 hour ago.
↧
Lenovo's New K900 Smartphone Turns Heads in China
Filed under: Investing*Lenovo's New K900 Smartphone Turns Heads in China*
Flagship Now Available at Retail and Online
BEIJING--(BUSINESS WIRE)-- Lenovo (HKSE: 0992) (PINK SHEETS: LNVGY) launched its highly-anticipated, new smartphone, the K900, at a gala event in the Chinese capitol yesterday evening. Industry and media luminaries gathered for an exclusive event at the M-Space in Haidian, eager to get a glimpse of the metal-clad flagship that stands out as much for its category-topping performance as its slim, sleek design. The Lenovo K900 goes on sale in China this week, and will roll out to additional international markets throughout the summer.
Lenovo K900 Smartphone (Photo: Business Wire)
The unibody design of the K900 makes a bold statement for Lenovo. The sleek-cut, stainless steel frame exudes power and strength, while the unibody chassis maintains a low profile at 6.9mm, ensuring a smooth, elegant look and feel. The attention to detail and focus on design for Lenovo's latest flagship smartphone makes the K900 an excellent choice for top-end smartphone buyers, while Lenovo's expanding distribution for smartphones ensures the K900 will compete head-to-head with many of the top smartphones in the market today.
Lenovo has tapped NBA superstar, Kobe Bryant to help promote the K900 in its television and print advertisements and on social media sites in China and Southeast Asia. Bryant is known on the basketball court for a playing style which combines power and grace, similar to the combination of performance and design that makes the Lenovo K900 stand out from the crowd of high-end smartphones. Like a high-profile celebrity, the K900 is instantly recognizable and a magnet for attention.
Liu Jun, senior vice president , and president of the Lenovo Business Group, opened the event stating, "Smartphones are a critical component of Lenovo's PC+ strategy and the Lenovo K900 is an example of this strategy in action. With its cutting-edge design and intuitive, optimized user experience, K900 offers China's smartphone users a fresh, new option. At the same time, Lenovo's smartphone business is growing fast in global markets. In 2013, we will add several new countries to our smartphone footprint, and by year-end we will cover most of the world's emerging markets."
Lenovo K900 is the first smartphone in the world to leverage the latest Intel^® Atom™ Z2580 processor, a dual core chip, which runs up to 2.0 GHz and utilizes Intel^® Hyper-Threading technology to boost performance efficiency. The Intel-powered device also features an Intel^® Graphics Media Accelerator engine running a PowerVR SGX 544MP2 GPU, which triples graphics performance over the previous generation.^1 This makes the Lenovo K900 very responsive, especially for key functions such as web-browsing, multi-tasking and application-switching.
"Intel and Lenovo have raised the bar for smartphones with the K900. Our teams got together and worked closely to innovate around a number of important features and capabilities that our customers care most about such as power consumption, application switching and camera functionality. Then the Lenovo design team took this powerful platform and wrapped it up in a very attractive package with the K900. We are proud to be teaming with Lenovo to bring these innovations to market," said Ian Yang, president ,Intel China, at the Beijing event.
*Design*
As smartphones have become ubiquitous, customer demands on "top-of-the-line" devices have increased, with design and usability growing in importance. The Lenovo K900 resets the bar on these aspects. At 6.9mm, the K900 is the thinnest phone in its class by a wide margin and weighs in at a mere 162g, making it a device that unobtrusively slips into a jacket pocket or handbag. Made from a composite of stainless steel alloy and polycarbonate in a Unibody mold, the K900 manages to stay strong and look sharp while maintaining its slim profile.
However, the material alone is not the only aspect that has allowed Lenovo to achieve a design milestone with the K900. The rear camera array has been optimized for size with a new sensor and layout that does not protrude from the case, leaving a clean, smooth rear face that doesn't snag on clothing. The design team tweaked the PCB and battery layout to reduce the space used by internal components. And the K900 is topped off by a unique "stripe" ID language that reinforces the thin body and integrates the external components.
While the K900 is certainly sleek, it does not ignore the emerging trend toward larger and clearer displays on smartphones. The K900 is one of the first smartphones in the world to combine a 5.5" IPS display with 1080p full high-definition resolution performance at 400+ pixels-per-inch, all under the latest, touch-capacitive Gorilla Glass 2. This gives the K900 supreme clarity and crispness along with plenty of space to capture the nuances of high-definition photos and video, as well as for viewing standard-size web pages.
*Performance*
The Lenovo K900's camera stands out as one of the smartphone's most distinguished features. As with other functions on the K900, Lenovo has completely overhauled the camera, and delivered a package that is truly greater than the sum of its parts. Megapixels is the first specification that many users recognize for digital cameras, and with 13MP, the K900 ranks at the top of its class in this aspect and combines this with an industry-leading, Sony^® Exmor BSI sensor for what would already be considered outstanding performance.
Recognizing that customers often need to take clear, flash-less photos in low-light, Lenovo has equipped the K900 with an F1.8 focal length lens, making it the first smartphone to offer such a wide aperture on its camera. In addition to these improvements to the rear camera, the front camera has also been widened to an 88⁰ viewing angle, the widest available on a smartphone front camera for convenient self-photos and video calls.
*Pricing and Availability* ^*2*
The K900 smartphone is now available in China and will hit select international markets this summer. Retail price for the K900 in China will start at RMB 3,299.
For the latest Lenovo news, subscribe to Lenovo RSS feeds or follow Lenovo on Twitter and Facebook.
*About Lenovo*
Lenovo (HKSE: 992) (ADR: LNVGY) is a $US30 billion personal technology company - and the second largest PC company in the world, serving customers in more than 160 countries. Dedicated to building exceptionally engineered PCs and mobile internet devices, Lenovo's business is built on product innovation, a highly-efficient global supply chain and strong strategic execution. Formed by Lenovo Group's acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smart phones. Lenovo has major research centers in Yamato, Japan; Beijing, China; and Raleigh, North Carolina. For more information, see www.lenovo.com.
^1Compared to the Intel Atom Processor Z2460 platform; Graphics clock will vary based on SKU: Z2580, Z2560, Z2520
^2Prices do not include tax or shipping and are subject to change without notice and is tied to specific terms and conditions. Reseller prices may vary. Price does not include all advertised features. All offers subject to availability. Lenovo reserves the right to alter product offerings and specifications at any time without notice.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130517005602/en/
Lenovo
Chris Millward, +86 18911778182
cmillward@lenovo.com
*KEYWORDS:* Asia Pacific China
*INDUSTRY KEYWORDS:*
The article Lenovo's New K900 Smartphone Turns Heads in China Reported by DailyFinance 49 minutes ago.
↧
↧
China Struggles With Taboo Against Organ Donation
BEIJING -- China is phasing out its reliance on executed prisoners for donated organs, but an architect of the country's transplant system said Friday that ingrained cultural attitudes are impeding the rise of donations among the general population.
Almost all donated organs in China used to come from executed prisoners. A growing proportion now come from ordinary people, but the government is seeking to eliminate prisoner donations altogether.
However, former vice health minister Huang Jiefu said Friday that there was little hope of changing a requirement that family members give consent before organs are donated, even if a person had expressed a desire to donate.
"China is a Confucian society. It's strongly hierarchical and the family's concerns usually trump those of the individual," said Huang, presently a leader of the national legislature's top advisory body. An objection from even one family member can block a donation, he said.
Chinese have traditionally held that a person's body should be interred intact, and while such attitudes are gradually changing, they remain strong among older Chinese. At the same time, China is cutting down on its reliance on executed prisoners for organs – a practice that Huang called "profit-driven, unethical and violating human rights." Critics have long claimed that standard safeguards were often ignored in the case of obtaining organs from prisoners who may have been pressured to donate.
The use of prisoners' organs was also seen as causing an artificial shortfall in the number of organs available by impeding the promotion of donating among the public as a whole. China suffers from an acute shortage of available organs and Huang said only about 10,000 of the 300,000 Chinese suffering from liver disease will be able to receive transplants. He hopes to raise that number to 100,000 over time. Another 1 million people suffer from kidney ailments, but many can be sustained for lengthy periods on dialysis machines.
China considers the number of annual executions a secret, but most observers estimate the number at 6,000-8,000. It isn't known what proportion of those executed agree to donate their organs.
However, 5,009 liver and kidney transplants performed last year used organs from executed prisoners, out of a total of 7,882 such operations, according to the Health Ministry. By contrast, 2,960 of 2,997 liver transplants performed in 2005 used organs from executed prisoners.
Huang reiterated a projection that reliance on prisoners will be eliminated within about two years of the launch of the nationwide donor network in February. Reported by Huffington Post 41 minutes ago.
Almost all donated organs in China used to come from executed prisoners. A growing proportion now come from ordinary people, but the government is seeking to eliminate prisoner donations altogether.
However, former vice health minister Huang Jiefu said Friday that there was little hope of changing a requirement that family members give consent before organs are donated, even if a person had expressed a desire to donate.
"China is a Confucian society. It's strongly hierarchical and the family's concerns usually trump those of the individual," said Huang, presently a leader of the national legislature's top advisory body. An objection from even one family member can block a donation, he said.
Chinese have traditionally held that a person's body should be interred intact, and while such attitudes are gradually changing, they remain strong among older Chinese. At the same time, China is cutting down on its reliance on executed prisoners for organs – a practice that Huang called "profit-driven, unethical and violating human rights." Critics have long claimed that standard safeguards were often ignored in the case of obtaining organs from prisoners who may have been pressured to donate.
The use of prisoners' organs was also seen as causing an artificial shortfall in the number of organs available by impeding the promotion of donating among the public as a whole. China suffers from an acute shortage of available organs and Huang said only about 10,000 of the 300,000 Chinese suffering from liver disease will be able to receive transplants. He hopes to raise that number to 100,000 over time. Another 1 million people suffer from kidney ailments, but many can be sustained for lengthy periods on dialysis machines.
China considers the number of annual executions a secret, but most observers estimate the number at 6,000-8,000. It isn't known what proportion of those executed agree to donate their organs.
However, 5,009 liver and kidney transplants performed last year used organs from executed prisoners, out of a total of 7,882 such operations, according to the Health Ministry. By contrast, 2,960 of 2,997 liver transplants performed in 2005 used organs from executed prisoners.
Huang reiterated a projection that reliance on prisoners will be eliminated within about two years of the launch of the nationwide donor network in February. Reported by Huffington Post 41 minutes ago.
↧
Australian gold companies likely to attract more investment from China
Yesterday's announcement by *Aphrodite Gold* (ASX:AQQ) that it had received approaches from major mining and investment companies, from mainland China, Hong Kong and Singapore demonstrates a growing trend that should benefit investors.
The recent fall in the gold price looks to have ignited interest from Asian gold producers and companies looking to pick up assets at a lower entry prices in ASX listed gold companies than were generally prevailing over the past 18 months.
While early stage gold explorers may find interest, the focus is likely to centre on listed gold companies past feasibility study stage, into pre-production or gold production.
Recent examples support the premise including *Norton Gold Fields* (ASX:NGF), 89 per cent owned by Zijin Mining Group Co evaluating acquiring gold assets in Australia.
This follows Norton's earlier offer to acquire *Kalgoorlie Mining Co*. (ASX:KMC) for $14.9 million in April.
Qixing Group Company Ltd.'s Shenzhen-listed subsidiary *Shandong Qixing Iron Co*.(002359.SZ) offered US$140 million to acquire the assets of ASX listed *Stonewall Resources* (ASX:SWJ).
Hong Kong-listed iron ore miner *China Hanking Holdings Ltd*. (3788.HK) agreed to acquire *St. Barbara's *(ASX:SBM) Southern Cross mining operations for $22.5 million in January.
A rush for gold bullion and jewellery surged in mainland China and Hong Kong as consumers sought to take advantage of lower gold prices.
The interest in Australian gold assets and projects owned by ASX listed companies should have investors running a ruler through gold companies.
*Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.* Reported by Proactive Investors 3 days ago.
The recent fall in the gold price looks to have ignited interest from Asian gold producers and companies looking to pick up assets at a lower entry prices in ASX listed gold companies than were generally prevailing over the past 18 months.
While early stage gold explorers may find interest, the focus is likely to centre on listed gold companies past feasibility study stage, into pre-production or gold production.
Recent examples support the premise including *Norton Gold Fields* (ASX:NGF), 89 per cent owned by Zijin Mining Group Co evaluating acquiring gold assets in Australia.
This follows Norton's earlier offer to acquire *Kalgoorlie Mining Co*. (ASX:KMC) for $14.9 million in April.
Qixing Group Company Ltd.'s Shenzhen-listed subsidiary *Shandong Qixing Iron Co*.(002359.SZ) offered US$140 million to acquire the assets of ASX listed *Stonewall Resources* (ASX:SWJ).
Hong Kong-listed iron ore miner *China Hanking Holdings Ltd*. (3788.HK) agreed to acquire *St. Barbara's *(ASX:SBM) Southern Cross mining operations for $22.5 million in January.
A rush for gold bullion and jewellery surged in mainland China and Hong Kong as consumers sought to take advantage of lower gold prices.
The interest in Australian gold assets and projects owned by ASX listed companies should have investors running a ruler through gold companies.
*Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.* Reported by Proactive Investors 3 days ago.
↧
The Growth Of Collective Leadership In China Hurts Chances For Political Reform
When human-rights activist Chen Guangcheng escaped house arrest a year ago, he released a video urging then-Premier Wen Jiabao, reputed to be a real reformer, to look into his case and to take action to stop the abuse by local officials.This tactic of appealing to a powerful leader — in this case, the country's second-in-command — and implying the issue was one of local and not national proportions seemed like it could open the door for Beijing to step in and come to the rescue.
That is not what happened.
Chen recently spoke with Business Insider about the continuing plight of his family and during this conversation he explained that his appeal to Premier Wen was a test. If the central government stepped in to help it would be a sign of reform and hope for the Communist Party of China.
The results of that test?
"I believe that the actions of the CPC (Communist Party of China) tell us now we shouldn't have any hope or expectations of them [to push reform]." Chen said to Business Insider.
But it may not be so straightforward.
Chen acknowledges that there may be individuals or factions within the Party who would advocate for reform, but that the "disagreement that we see...may not be as strong as we thought."
Yiyi Lu, a Senior Research Fellow at ChangCe Think Tank and contributor to the Wall Street Journal's China Real Time Report blog, sees the issue a bit differently.
"Collective leadership means that no one person is powerful enough to make changes to the whole Party," she told Business Insider.
Lu explained that while she does believe President Xi Jinping, China's new leader, is committed to change but that the days of an all powerful Party leader like Chairman Mao or Deng Xiaoping are over. According to her, asking whether a leader is a "reformer" might even be the wrong question.
Complicating the issue further is the rate of change and the way it is best achieved. Lu explained to Business Insider that even top leaders hoping to reform see big risks inherent in pushing reforms - both to their own careers and to the stability of the country.
Lu often looks to local level "experiments" for evidence of political reform and there are many of them to find. But she said that in recent years there have been many complaints from local participants that they are not getting the necessary support from Beijing.
She also noted that there is often a mismatch between the local and the bigger system that prevents broad reform, "at some point you cannot take the reforms further because the bigger system has not changed." Yet.
*SEE ALSO: Escaped Chinese Activist Urges America To Save His Family From Retaliation*
Please follow Business Insider on Twitter and Facebook.
Join the conversation about this story »
Reported by Business Insider 3 days ago.
↧