The Big Call
No economic trend in China is more important than inflation, as we have been saying since July last year (CC July 9th Big Call). If Beijing fails to control it, it may have to slam on the monetary brakes later this year, potentially precipitating a 'hard landing' for the economy.
Inflation in the price of many farm products is no small deal in a country with 721m rural citizens.
The frozen-food manufacturer may see profits eroded by rising raw material costs.
The supermarket chain expects mild food inflation to bolster revenues.
Although Zhongbai continues to struggle outside of its home Hubei, inflation should support sound revenue growth in 2010.
While margins at processed meat processors Delisi and Shanghai Dajiang are struggling under rising raw meat and pig prices, Zhangzidao Fishery is benefitting from demand for its upscale seafood.
The fresh pork specialist is set to benefit from pig price inflation.
Tingyi's recent success with beverages may help offset margin declines seen currently in its noodle business.
The meat processor's mix of both low and high-end products gives the company more leverage to defend against pork inflation.
Trade deficit in farm goods to continue to grow in China over the next five years as imports outpace exports.
Google's defiance of Beijing has the potential to put ties with the US into the deep freeze.
Best of Chinese Commentators
What will the launch of newly approved stock index futures, margin trading and short selling products mean for the domestic stock market?
Beijing's regulatory changes, aimed at cooling the property market, are creating a stir with analysts debating whether enough has been done to prevent land hoarding.
Investors looked to be hesitating on China entering into the New Year, much like the picture this time a year ago.
Charlie Awdry, manager of Gartmore China Opportunities Fund, talks on China's rising influence in Asia and around the world.
Postcard From No528
This year, Beijing will continue to push preferential policies for farmers while trying to stabilise property prices in major cities.
Renminbi Compass, a new research service launched by the FT, aims to act as a navigational guide through the expanding universe of renminbi asset classes. With the Chinese currency gaining ever-wider acceptance around the world and Beijing taking steps to open its capital account, we are broadening our research coverage to include not only equity funds but also all other important renminbi asset classes, such as chengtou bonds, dim sum bonds, real estate, trust products, underground banking, art, antiques and several others.