Tuesday, March 22, 2011

Today's Blog Readings (Rant Free!)

China Vanke to invest in housing for elderly

03-09-2011 by Peggy Sito from Southern China Morning Post
"China Vanke, the mainland's largest developer by market value, said it planned to invest in housing developments for the elderly in light of the country's ageing population.
"The investment potential of the market is huge," said president Yu Liang at a press conference in Shenzhen. "Vanke's housing projects for seniors will be developed first in Hangzhou, Beijing and Shanghai this year."
The ageing population provided the company with a new business opportunity because the government had not provided sufficient housing for senior residents, said Yu, quoting People.com.cn, an official media outlet.....
...According to world population statistics published by the UN, the proportion of the global population over 60 will increase to 21.9% from 11% 2050. In particular, the numbers of elderly will rise to 31.1 per cent of the population from 12.3 per cent over the same period.
Apart from housing for the elderly, Yu said Vanke also planned to increase the development of environmentally friendly residential properties.
Meanwhile, its contract sales surged to a record of more than 100 billion yuan (HK$118.7 billion) [US$15.2 billion] last year - mainly through the development of mass housing.
Results for 2010 announced on Monday showed contract sales rose 71% to 108 billion yuan, making it the first mainland developer to exceed 100 billion yuan. Net profit last year grew to 7.3 billion yuan [US$1.1 billion], up from 5.3 billion yuan a year earlier.

China will become Japan's post-disaster reconstruction important source of goods

03-22-2011 via world.people.com.cn (Editor: Dong Jing) (official Chinese news site) original post from Web site Deutsche Welle reported on March 16 

Chinese to English translation (original Chinese text here)

March 18, Iwate Prefecture in Japan, the former Miss Takada, rescue workers standing in a moment of silence for the victims in the rubble. Xinhua News Agency / Reuters
Concentration of the east coast of Japan a number of important industrial industries.There are already many companies because the power supply after the quake, and issues such as transportation systems were forced to temporarily suspend production interruption. Some studies scholars of the view that after the earthquake may be a significant reduction in Japanese exports to China, while China's exports are likely to be increased dramatically.

The academic world in general analysis, the northeastern Japan Sea near the island of Honshu, Japan earthquake occurred in the impact of the domestic economy level but also as a major earthquake, the Japanese economy has been hit hard. Earthquake is trying not only to Japan out of the economic recession caused by a powerful shock wave, and a range of industrial chain is cut so that it worse.

But the earthquake in Japan, China and Japan will have economic and trade relations what kind of impact this issue, many scholars believe that the short term impact on the Chinese economy will not be much, but in the long run, affect the will gradually emerge.

Kobe University economic researchers stick Huai Gu said the Japanese government taken after the fiscal and financial policies on economic recovery plays a crucial role: "Now the Japanese government already exists the problem of insufficient revenue. The Government hopes Japan's economic recovery as soon as possible need to expand fiscal spending. If the revenue issues are resolved, the status of Japan's economic downturn will continue, the formation of the Chinese economy will be large negative impact. "

Merrill Lynch
 released in Japan soon after the earthquake analysis of Japan's largest trading partner of China may be made subject to rapid assessment Ji. The report analyzes that in the past twenty years, China has increasingly become the assembly line in Japan some of the top multinational companies. "Japan, China, the upstream products and downstream products such as chips and other key interrupt production of upstream products may significantly affect the final output of China." Report, for example, earthquake in Japan, Toshiba has produced the most advanced equipment NAND chips, but Apple and other mobile devices, mobile device manufacturers produced to date is assembled in China.

The report made by Merrill Lynch analysts believe that China's exports will not only not reduced by the earthquake, but may increase. The report wrote, "After the earthquake in Japan, from food to many other major consumer goods may be the impact on the supply in the short term to enhance China's exports to Japan, and the subsequent reconstruction work may boost China's metal to Japan and machinery exports. "

Liu Jiangyong scholar of Tsinghua University, also holds similar views. He analyzed that, at present, the Japanese government, the main task is the reconstruction problem. From the geographical point of view that China is a large country from Japan recently. From construction materials, labor, daily necessities, food many Chinese are likely to become a necessity in Japan built a source of disaster to smoke. "I think Sino-Japanese trade in this year to maintain 25% to 40% increase is still some possibility. China's exports to Japan may be more than we had imagined - some of Japan's exports to China may be flat or down. but it still exists among many variables Nagisa. "

Liu Jiangyong said, in general, the earthquake in China and Japan on economic and trade relations and personnel exchanges is a bad thing, but it may be due to disaster relief and disaster lip reconstruction process objectively beneficial to the close Sino-Japanese relations and deepening of .

Earthquake in Japan increased commodity markets panic

03-18-2011 via China Hourly

"....I believe that a longer period of time from Look, even though Japan is the world's largest importer of corn, the fourth largest soybean import economy, Japan earthquake impact on the international grain market would be very limited; but because of Japan's energy demand for metals is an important country, a disaster will be a period of time Global energy demand for metals, bad energy metal prices, and in turn boost the energy reconstruction of metal consumption, metal prices supported energy. Thus, although the Japanese earthquake influenced by movements in commodity markets mixed varieties, but significantly increased the short-term bearish market sentiment...."

Rotating power, emergency input oil and gas, after the earthquake in Japan face enormous pressure on the electricity and energy supply, not only for post-earthquake relief and short-term economic recovery poses a challenge, and may impact on the world energy price formation.
Suffered last Friday, Japan's 9.0 quake struck, suddenly tight energy supply. Japan's current five refineries (about 124 million barrels / day of refining capacity) closed due to affected by the earthquake, accounting for 27% of Japan's total production capacity of oil refining. Therefore, as the world's third largest oil consumer Japan, a dramatic decline in refining capacity, will crude oil prices, especially crude oil prices as the Middle East, Asia, based on the export of Dubai crude oil prices in the short term pressure. Therefore, the earthquake in the short term, negative energy markets. But given the long-term nuclear power generation in Japan to compensate for the loss of refining capacity and would increase natural gas, oil and coal imports, which will in future push up global energy prices...."
>> Continue Reading

Related Posts Plugin for WordPress, Blogger...