Archive for May, 2011

Asia Markets: Asian stocks end lower; Shanghai drops 2.9%

Tuesday, May 24th, 2011

Asia Markets: Asian stocks end lower; Shanghai drops 2.9%
Chinese stocks suffer their worst fall in more than four months to lead Asian markets lower, weighed down by the combined effect of data showing weakening growth in local manufacturing, European debt worries and weak cues from Wall Street.

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CAAS Receives Additional Letter from NASDAQ

Monday, May 23rd, 2011

CAAS Receives Additional Letter from NASDAQ
China Automotive Systems, Inc. , a leading power steering components and systems supplier in China, today announced that on May 16, 2011, as expected, it received an additional notification letter from the Nasdaq Stock Market indicating that the Company was not in compliance with the continued listing requirements under Nasdaq Listing Rule 5250, which requires the timely filing of SEC periodic …

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CCID Consulting: China’s IC Industry to Embrace a Golden Age

Sunday, May 22nd, 2011

CCID Consulting: China’s IC Industry to Embrace a Golden Age
Since 2000, China’s IC industry has experienced a decade with high-speed development. By the end of 2010, the IC industry’s annual sales revenue reached RMB 144.015 billion, doubling that of 2000, and China was one of the world’s fastest-growing regions in the IC industry during the decade.

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ANALYSIS – China growth spurs rethink in European auto M&A

Saturday, May 21st, 2011

ANALYSIS – China growth spurs rethink in European auto M&A
FRANKFURT (Reuters) – China’s growth prospects combined with Western firms’ fear of being shut out of the world’s largest auto market are leading to a shift in attitude toward Chinese rivals buying into Europe’s auto sector.

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Deloitte expects China to become world’s largest chemical market

Friday, May 20th, 2011

Deloitte expects China to become world’s largest chemical market
China is expected to overtake the United States as the world’s largest chemical market by the end of 2011, Tim Hanley, Global Chemical Sector Leader of Deloitte, said in Beijing Tuesday.

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SABIC Expands Industry’s Broadest Polycarbonate Portfolio with the Introduction of SABIC PC Resin

Thursday, May 19th, 2011

SABIC Expands Industry’s Broadest Polycarbonate Portfolio with the Introduction of SABIC PC Resin
GUANGZHOU, China – May 17, 2011 – Here at Chinaplas 2011, Booth 10.2E21, the Innovative Plastics strategic business unit of SABIC today announced the addition of SABIC ® PC resin to its already expansive polycarbonate (PC) offering, reaffirming the company’s polycarbonate industry leadership.

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CCID Consulting: Chinas IC Industry to Embrace a Golden Age

Wednesday, May 18th, 2011

CCID Consulting: Chinas IC Industry to Embrace a Golden Age
Since 2000, Chinas IC (integrated circuit) industry has experienced a decade with high-speed development. By the end of 2010, the IC industrys annual …

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