Shanghai | OTC Capital Partners
Tuesday, February 7, 2012

Walmart names ex-Woolworths veteran as new China CEO

Posted by Reuters: Business News on February 7, 2012

SHANGHAI/HONG KONG (Reuters) – Wal-Mart Stores Inc named company executive Greg Foran as the president and chief executive of Walmart China, capping a series of leadership changes at the China unit that has been tainted by food scandals.



Source >>>

China mulls plans to boost domestic consumption: report

Posted by Reuters: Business News on January 3, 2012

SHANGHAI (Reuters) – The Chinese government is planning new policies to boost domestic consumption, especially of vehicles and appliances, in a bid to offset the effects of sagging export demand, the China Daily reported on Wednesday, quoting a government official.



Source >>>

Yuan hits all-time high

Posted by Reuters: Business News on December 26, 2011

SHANGHAI (Reuters) – The yuan closed up against the dollar on Monday after hitting an all-time high in intraday trading, guided by a stronger mid-point by the People’s Bank of China, and looks set for an over-4-percent appreciation for 2011, traders said.



Source >>>

Yuan hits record vs dollar, on track for over-4-percent gain

Posted by Reuters: Business News on

SHANGHAI (Reuters) – The yuan hit an all-time trading high against the dollar on Monday, guided by a stronger mid-point by the People’s Bank of China, and looks set for an over-4-percent appreciation for 2011, traders said.



Source >>>

Multinational firms placing less importance on China: survey

Posted by Reuters: Business News on December 7, 2011

SHANGHAI (Reuters) – Multinational companies operating in China are placing less importance on the world’s second-biggest economy amid rising local competition and concern over intellectual property (IP) rights, a survey showed on Wednesday.



Source >>>

Analysis: Foreign insurers miss the China party

Posted by Reuters: Business News on

SHANGHAI (Reuters) – Ten years ago, foreign insurers were lining up to celebrate China’s entry into the World Trade Organization, eager to tap what was certain to become the world’s next big insurance frontier.



Source >>>

Short-seller report batters China’s Focus Media

Posted by Reuters: Business News on November 22, 2011

SHANGHAI (Reuters) – Focus Media Holding Ltd , a U.S.-listed Chinese company, said a short-seller’s report accusing it of overstating its assets was “completely untrue,” and it would make a statement refuting the allegations before U.S. markets open on Tuesday.



Source >>>

Insight: China commods gamble heightens property threat

Posted by Reuters: Business News on November 11, 2011

SHANGHAI (Reuters) – Sitting in China’s copper and steel warehouses is a hidden risk to the world’s second-largest economy — banks’ indirect exposure to a property market that is showing signs of stress.



Source >>>

General Motors sees 7-10 percent growth in China car market: CEO

Posted by Reuters: Business News on October 30, 2011

SHANGHAI (Reuters) – General Motors Co sees growth of between 7 percent to 10 percent in China’s car market this year, its chief executive said on Sunday.



Source >>>

Asia shares edge up on China bounce, euro stalls

Posted by Reuters: Business News on October 12, 2011

TOKYO (Reuters) – A rebound in Hong Kong and Shanghai shares helped lift most Asian stocks into positive territory on Wednesday, but concerns that Europe’s debt crisis has hurt confidence in the global economy and is weighing on corporate earnings limited gains.



Source >>>