Asia-Pacific News China

  • China Already Awash With Consoles: Expert

    Duncan Clark, chairman of BDA (China), tells CNBC why the sheer number of black market game consoles in China already means a potential relaxation in the law would have little short term effect.

  • Two movie production-distribution companies plan to expand if allowed to raise funds on the Shanghai exchange.

  • Assessing China's Debt Levels

    Will Oswald, Global Head of Fixed Income, Currencies and Commodities at Standard Chartered Bank says China's government debt to GDP level is around 75-80%, much higher than the official 20% reported.

  • Why I'm a China Bull

    Janet Engels, Director, Private Client Research Group at RBC tells CNBC's Cash Flow why she's bullish on greater China markets.

  • China Markets: Be Very Careful

    Peter Elston, Head of Asia Pacific Strategy & Asset Allocation at Aberdeen Asset Management explains why Chinese companies need "western-style" corporate governance.

  • China is Heading Into a Debt Crisis Territory: Pro

    Richard Iley, Chief Economist, Asia, BNP Paribas says the debt situation in China is "pretty bad." He explains why.

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    South Korean chipmaker SK Hynix returned to a quarterly profit on Wednesday on demand from mobile device makers such as Apple, but it fell far short of forecasts on weak sales of computer chips and a strong won.

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    China's largest auto parts maker won U.S. government approval to buy A123 Systems Inc, a bankrupt maker of electric car batteries that was funded with U.S. government money, a source familiar with the situation said on Tuesday.

  • Is a Credit Crisis Coming in China?

    Paul Krake, Founder, View from the Peak: Macro Strategies warns of a credit crisis in China. He says the composition of growth is skewed and reforms aren't taking place quickly enough.

  • Commodities Tomorrow: Crude Hits 4-Month High

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.

  • China's 'Informal Imperialism'

    Juan Pablo Cardenal, author of 'China's Silent Army', tells CNBC how China is 'colonizing' parts of the developing world as their companies move to sure up a supply of natural resources.

  • Asia's financial capital Hong Kong retained its top spot as the world's most expensive city to rent a high-end apartment as robust demand on the island, a popular destination for employees looking to relocate overseas, and constrained supply, kept prices elevated.

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    Summer Palace, a restaurant tucked inside one of the capital's most expensive hotels, offers the standard selection of Chinese delicacies: abalone, braised sea cucumber and imperial bird's nest soup, which sells for about 700 renminbi, or more than $100, a serving. Noticeably absent, however, is a mainstay of Chinese cuisine — shark fin soup. The NYT reports.

  • The world's top economic policymakers are likely to discuss how Japan's new monetary and fiscal policy drive is weakening the yen when they meet next month, but will stop well short of calling it a competitive devaluation, G20 officials said.

  • Caterpillar Is One of the World's Best Businesses: Pro

    Rob Wertheimer, Principal, Vertical Research Partners says Caterpillar has one of the best mining businesses in the world and an accounting scandal is a misstep.

  • Refinery Closure Will Lead To Higher Pump Prices

    Hess announced it is closing its Port Redding, NJ, refinery by the end of the month. CNBC's Sharon Epperson explains what the closure of this key refinery in New York Harbor -- responsible for about 7.5 percent of gasoline production on the Eastern seaboard -- will be mean for drivers in the Northeast.

  • Power Rundown: Twitter's 'Vine' & Smartphone Wars

    Social networking website Twitter's new video sharing app called "Vine" is creating a lot of x-rated buzz with sex-related content. CNBC's Jon Fortt and Julia Boorstin discuss.

  • Big CAT's Big Q4 Earnings

    Doug Oberhelman, Caterpillar chairman & CEO, breaks down Caterpillar's fourth quarter numbers, and discusses his company's outlook amid political and global uncertainty.

  • Caterpillar's Chinese Mistake Not Big Deal: Expert

    Joel Tiss, managing director of BMO Capital Markets, tells CNBC why Caterpillar's issue with accounting irregularities shouldn't affect the company much in the long term.

  • Japan's Prime Minister Shinzo Abe

    Japanese Prime Minister Shinzo Abe, vowing to overcome what he called an economic crisis facing the nation, urged the Bank of Japan (BOJ) on Monday to hit its inflation target as soon as possible, keeping up pressure on the central bank to make good its promise of bolder action to overcome deflation.