China
2012 is “year of opportunities” in Chinese consumer sector (CHIQ)
China’s consumer sector is something of a defensive play, especially since it doesn’t get a lot of attention in the United States. (After all, it’s hardly as exciting as art auctions and expensive jewelry.) But DBS Group Research claims that the consumer sector provides “beauty of both sides.”
Dreamworks builds new studio in China
DreamWorks Animation SKG, Inc. (DWA, quote) has agreed to form a joint venture with China Media Capital to establish a China-focused family entertainment company. While not directly related, the announcement comes on the heel’s of China’s agreement to allow more U.S. films in 3D or IMAX formats to enter the country.
A-share rebound will benefit Chinese life insurance
Analysts at DBS Group Research see the A-share market as the “Sleeping Dragon” of the Chinese stock market. After lagging badly for the last two years, the A-shares are poised for a rebound, and China’s life insurance companies have holdings that will benefit.
China Telecom shares get a boost with iPhone 4S release date
China’s third largest telecom company, China Telecom Corp Ltd (CHA, quote) said Tuesday it will begin selling the iPhone 4s on March 9. The event will mark the end of an exclusive sales agreement within China between China Unicom Ltd. (CHU, quote), China’s second largest wireless carrier, and Apple (AAPL, quote).
BRICs still vulnerable to global risks
Despite strong growth in the last four years, Brazil, Russia, India and China have not become less vulnerable to shocks in the global economy, according to a new study released by global risk research company Maplecroft.
Walmart takes over Chinese e-commerce company
Walmart’s (WMT, quote) plans for global commerce took a big step forward today as the world’s largest retailer announced its purchase of a controlling stake in the Chinese e-commerce website Yihaodian. If the Chinese government approves the transaction, Walmart will gain significant footholds in both the Chinese market and e-commerce.
