China Goes Hollywood with AMC Corporate Takeover

Chinese conglomerate Dalian Wanda Group agreed to buy AMC Entertainment for $2.6 billion, making it the biggest cinema chain operator in the United States.

The strategic takeover marks China's largest buyout to date in the USA, emphasizing highlights the rising financial strength of its top firms.

The Anonymous movement connects with China

"Dear Chinese government, you are not infallible, today websites are hacked, tomorrow it will be your vile regime that will fall. So expect us because we do not forgive, never. What you are doing today to your Great People, tomorrow will be inflicted to you. With no mercy,"

China talks about the yuan again

China Central-Bank Adviser Urges Yuan Reform


BEIJING—Xia Bin, a member of the Chinese central bank's monetary advisory committee, said China should aim for full yuan convertibility over the next 10 years.

WSJ article

China to World: We Want Your Imports

BEIJING - China will send two large trade delegations to the United States and two to European Union nations this year to help stimulate its imports, said the head of China's trade promotion organization.

Delegations to US, EU will correct trade imbalance

Wan Jifei, chairman of the China Council for the Promotion of International Trade, told China Daily at the sidelines of the annual session of the Chinese People's Political Consultative Conference (CPPCC) National Committee, that China will send many more trade delegations to developed nations in 2011 than in previous years.


article: Delegations to US, EU will correct trade imbalance

Chinese Treasury Holdings Revised $268 Billion Higher To $1.12 Trillion

source: Treasury International Capital website

Premier Wen Jiabao: Slower economic growth in China to reduce inflation risks

 

Beijing to Slow Growth 

BEIJING—China's premier said the government wants slower economic growth to avoid inflation and to restructure the economy, even as much of the developed world is struggling to accelerate expansion.


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Hot Money Hits China

China says 2010 'hot money' flows hit $35.5 bn

BEIJING (AFP) – China said Thursday that net speculative capital inflows into the country last year equalled $35.5 billion, and vowed to maintain a crackdown on so-called "hot money".

China has sought to limit flows of volatile "hot money", which enter and exit nations in search of swift profits and are often blamed for destabilising markets as they tend to depart at the first sign of trouble.



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