Word: jing
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...central bank predicted consumer price rises would accelerate from an average 4.6% rate this year to 5% in 2008. Higher food costs continue to be a worry. As Chinese grow richer, they are eating more meat, which pushes up demand for grains such as soy and corn, says Jing Ulrich, head of China equities at JP Morgan in Hong Kong. Although Ulrich expects food prices to stabilize by year's end as the pork supply recovers, she says inflationary pressures resulting from rising meat consumption, the country's shrinking farmland and water shortages will persist...
...Chinese officials hope he's right, because the country's policy options are limited. A rate hike would likely only increase the flow of speculative "hot money" into the country from abroad, says Jing Ulrich, chairman of China equities at JP Morgan. And excess liquidity (read: too much money chasing too few goods) is at least partly to blame for China's rising-prices problem. Although some say the July spike was due to short-term food shortages, the increases "are a lot less temporary than some people think," argues Michael Pettis, a professor of finance at Peking University. "China...
...President Chen Shui-bian's independence-leaning Democratic Progressive Party interpreted the exhibit as a veiled attempt by Beijing to whip up pro-China sentiment. This time around, no one so much as raised an eyebrow. "People used to ask why bring this or that production over," says Wu Jing-jyi, who formerly chaired the National Chiang Kai-shek Cultural Center. "Now it's easy; no one questions it anymore...
...giant went public (an investment that so far is more than $300 million under water). This and the CDB stake in Barclays are the most high-profile foreign investments China has made since the oil firm CNOOC tried and failed to buy U.S. oil company Unocal in 2005. Says Jing Ulrich, JPMorgan's Hong Kong--based head of China equities: "China has a wall of money--a tsunami, really--that is about to hit the rest of the world. In terms of global capital markets, there is just nothing happening that's bigger than this right now." Indeed, JPMorgan figures...
...equity giant went public (an investment that is so far more than $300 million underwater). This and the CDB stake in Barclays are the most high-profile foreign investments China has made since the oil firm CNOOC tried and failed to buy U.S. oil company Unocal in 2005. Says Jing Ulrich, JPMorgan's Hong Kong-based head of China equities: "China has a wall of money - a tsunami, really - that is about to hit the rest of the world. In terms of global capital markets, there is just nothing happening that's bigger than this right now." Indeed, JPMorgan figures...