Suntech Powers Shining Light On Profit
About: Suntech Power Holdings (STP), Suntech, Chinas solar stocks, China green energy stocks, China’s economy, China investing, China economy, China Stock Digest, Chinese economy, China stock market
China’s solar stocks took a beating recently on news that Germany will be cutting subsidies for solar power installations, and that some other European [...]
China’s Economy – The Driving Force Behind Global Economic Recovery
About: (China economy, China Stock Digest, PetroChina (PTR), ExxonMobil Corp. (XOM), National Development and Reform Commission, China stock, China economy, China stock market)
China’s growing dominance in the energy world is a key development that no investor should miss. Last year the Chinese overtook the United States [...]
Cash Crunch for China’s Banking Giants?
About: (China Stock Digest, Standard Chartered Bank)
China’s boom during a global recession has bred a new cult of doubters, always ready to spread any new conspiracy theory.
As we have reported before, auto sales are booming in China this year, with the country’s total car ownership set to increase by an [...]
The “Green Sputnik” is Launched
About: (Shenyang Power Group, China Stock Digest)
In the upcoming issue of the China Stock Digest we predicted that China was going to take the lead in the vital new green energy industry – wind and solar power, in an article entitled “The Green Sputnik.”
Well, China proved us right today.
Texans are abuzz [...]
Sinopec Doubles Profits!
About: (SNP, CEO, PTR, )
As China’s voracious oil demand continues to soar and vehicle sales roar past the ten million mark, Sinopec (SNP) is reaping the benefits.
China Petroleum & Chemical Corp., or Sinopec, posted third-quarter net profit more than double year-earlier levels, beating out rivals Cnooc Ltd. (CEO) and PetroChina (PTR). Sinopec expects [...]
