CHINA

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China automakers see slower growth ahead

Car sales growth in China will remain stagnant next year in the absence of incentives for buyers and China's tight credit control, raising pressure on car makers to cut prices and improve after-sales services, industry executives and analysts said on Monday.
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Japan October exports disappoint as yen, global slowdown

Japan's exports fell at the fastest pace in five months in the year to October and the worse than expected result signaled more weakness ahead as a strong yen and sputtering global growth weigh on the recuperating economy.
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Volkswagen says plans to sell over 2 million cars in China

Top German automaker Volkswagen AG is confident of selling more than two million cars in China this year and expects its growth to be faster than the industry's pace in coming years in the world's largest car market, its China chief said on Monday.
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Japan October exports slump as global slowdown bites

Japan's exports fell at the fastest pace in five months in the year to October, underscoring mounting concerns that sputtering global growth and a strong yen will take their toll on the world's No.3 economy as policymakers brace for contagion from the euro zone debt crisis.
U.S. Defense Budget

Imperial Overstretch: Is A Bloated Defense Budget Weakening the U.S.?

U.S. overspending on the military has diverted resources from civilian / social investments, weakening the economy, and, by extension weakening the nation. If it doesn’t substantially cut defense spending, the U.S.’s empire will likely share the fate of two other empires that overspent on the military -- the British Empire and the Soviet Union.
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Changan PSA JV eyes premium markets in China, overseas

The Shenzhen-based joint venture of French car maker PSA Peugeot Citroen and China Changan Automobile Group said on Sunday it plans to sell premium cars in China, the world's biggest auto market, and in some overseas markets.
Airbus Reports of New Plane Order Suspensions Coming from China

Airbus Opens Asian Logistics Center in China

Airbus SAS has opened a logistics company in Tianjin, China, to optimize and support supply chain management for present and future industrial cooperation programs of EADS and Airbus in China. The center, in Tianjin's Free Trade Zone Comprehensive Bonded Area, is now fully operational.
Gold

Mystery Gold Buyers from China, India?

World Gold Council's third-quarter demand report showed central bank buying going far above most analysts estimates. Analysis shows the mystery buyers to be China or India.
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China says will strengthen yuan's trading: TV

China will make the yuan more flexible in either direction and its recent reforms to make the currency more market-oriented have begun to achieve some results, Premier Wen Jiabao said on Saturday.

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