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WANG Tao

Type: Person

Name: WANG Tao

Title: Director, AV Management Bureau - General Administration of Press and Publication (China)

First reported 6 mins ago - Updated 6 mins ago - 1 reports

People's Bank of China

Q1 GDP growth within 'rational range'

Premier Li Keqiang assured a lunchtime audience of Swiss business leaders on Friday that China's GDP growth in the first quarter is within a "reasonable range".Indicating he did not have any intention of pump-priming the economy, Li said: "China's economy ... [Published CHINAdaily - 6 mins ago]

Entities: China, WANG Tao, People's Bank of China, Li Keqiang, Urbanization

First reported 10 mins ago - Updated 10 mins ago - 1 reports

Palm oil climbs to 1-month high, posts 3rd weekly gain

SINGAPORE: Malaysian palm oil futures rose on Thursday to their highest in more than a month, stretching gains to a third straight week as investors hoped for a recovery in demand ahead of the Muslim fasting month of Ramadan.Higher export demand as buyers ... [Published Financial Daily - 10 mins ago]

Entities: Palm oil, Oil Prices Higher, Malaysia Derivatives Exchange, WANG Tao, Malaysia

First reported 23 mins ago - Updated 19 mins ago - 1 reports

'Landmark' Sino-Swiss pact signed

China rejects trade and investment protectionism, premier saysChina and Switzerland signed a Memorandum of Understanding at the conclusion of free trade talks on Friday during Premier Li Keqiang's visit to Bern, the Swiss capital, in what business leaders ... [Published CHINAdaily - 23 mins ago]

Entities: China, Switzerland, Zurich (Switzerland)

First reported 10 hours ago - Updated 10 hours ago - 1 reports

Nomura Securities Co Ltd

PMI Points to Slowdown

HSBC on Thursday predicted that the manufacturing Purchasing Managers' Index, or PMI, may fall to 49.6 in May from 50.4 in April, the first time it has dipped below 50 — the point that separates expansion from contraction — since October 2012.The new ... [Published China Development Gateway - 10 hours ago]

Entities: PMI, China, Nomura Securities Co Ltd, Stock Market, Li Jingjing

First reported May 23 2013 - Updated May 23 2013 - 1 reports

UBS AG

UBS lowers China 2013 GDP forecast to 7.7 pct from 8 pct

UBS Securities (China) on Wednesday lowered its forecast for China's economic growth in 2013 to 7.7 percent from its previous estimate of 8 percent. The broker also adjusted its forecast for China's economic growth in 2014 down to 7.8 percent.Wang Tao, ... [Published Individual.com - May 23 2013]

Entities: China, UBS AG, Economic Growth

First reported May 22 2013 - Updated May 22 2013 - 1 reports

Federal Reserve System

Brent dips further below $104 on US summer demand worries

* Higher crude, gasoline stocks weigh on prices * Weak dollar cushions prices * Federal Reserve meeting minutes awaited for cues * Coming up: EIA weekly crude stocks; 1430 GMT (Adds quote, updates prices) By Ramya Venugopal CHENNAI, India, May 22 (Reuters) ... [Published Sharenet - May 22 2013]

Entities: United States, Gasoline, Dollar Weaker, Federal Reserve System

First reported May 22 2013 - Updated May 22 2013 - 1 reports

No Sign of Stopping for China's Property Boom

At the end of March, China's newly installed premier Li Keqiang publicly reiterated the government's determination to rein in rising property prices and a resurgent investment binge in the country's real estate market.But by every measure the market continued ... [Published CNBC - May 22 2013]

Entities: Property, China, Real Estate

First reported May 22 2013 - Updated May 22 2013 - 1 reports

Palm oil rises to one-month high

SINGAPORE: Malaysian palm oil futures rose to the highest in more than one month on Wednesday, as investors pinned their hopes on demand recovery ahead of the Muslim holy month of Ramadan.Market participants are counting on restocking ahead of the holy ... [Published Business Times Malaysia - May 22 2013]

Entities: Palm oil, Ramadan, Federal Reserve System, Malaysia

First reported May 22 2013 - Updated May 22 2013 - 1 reports

Brent dips further below $104 on nerves over summer demand

* Higher crude, gasoline stocks weigh on prices, weak dollar supports * Federal Reserve meeting minutes awaited for QE3 cues * Coming up: EIA weekly crude stocks at 1430 GMT By Ramya Venugopal CHENNAI, India, May 22 (Reuters) - Brent futures pulled further ... [Published Sharenet - May 22 2013]

Entities: United States, WANG Tao, Federal Reserve Bank of St Louis, Gasoline, Federal Reserve System

First reported May 21 2013 - Updated May 21 2013 - 1 reports

UBS downgrades GDP growth

UBS downgraded China's GDP growth forecast from 8 percent to 7.7 percent in 2013 and 7.8 percent in 2014, the investment bank said in a research note on Tuesday.Economic indicators have been relatively weak in 2013, according to the report.These include ... [Published CHINAdaily - May 21 2013]

Entities: UBS AG, WANG Tao, Housing Starts

First reported May 20 2013 - Updated May 21 2013 - 5 reports

UPDATE 3-Oil above $104 on stronger equities, weaker dollar

* MSCI world equities highest since 2008* Dollar index slips from 34-month high* Demand growth outlook seen moderating, supply ample* Coming Up: U.S. national activity index at 1230 GMT(Updates throughout, previous CHENNAI, India)LONDON, May 20 (Reuters) ... [Published CNBC - May 20 2013]

Entities: Dollar Weaker, Brent Crude Oil, International Energy Agency, Chennai

First reported May 17 2013 - Updated May 17 2013 - 2 reports

UPDATE 1-Brent slips, stays below $104 on demand worries, firm dollar

* Dollar near 10-mth high, regional Fed chief foreshadows QE wind-down* Evidence mounts of slower U.S. economic growth* Russia says Iran must take part in proposed Syria talks* Brent oil to fall to $102.42 -technicals(Adds comments, updates prices)SINGAPORE, ... [Published CNBC - May 17 2013]

Entities: United States, WANG Tao, Commodities, Dollar Stronger

Quotes

"china's leadership seems to have a greater tolerance toward slower growth, and is paying more attention to its reform agenda" said Wang Tao, chief economist with Swiss bank UBS

Q1 GDP growth within 'rational range' [Published CHINAdaily - 6 mins ago]

More Content

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Q1 GDP growth within 'rational range' [Published CHINAdaily - 6 mins ago]
Palm oil climbs to 1-month high, posts 3rd week... [Published Financial Daily - 10 mins ago]
'Landmark' Sino-Swiss pact signed [Published CHINAdaily - 23 mins ago]
More CSC Phoenix assets frozen by creditors [Published Sino Ship News - 7 hours ago]
PMI Points to Slowdown [Published China Development Gateway - 10 hours ago]
UBS lowers China 2013 GDP forecast to 7.7 pct f... [Published Individual.com - May 23 2013]
Palm oil rises to one-month high [Published Business Times Malaysia - May 22 2013]
Brent dips further below $104 on US summer dema... [Published Sharenet - May 22 2013]
Brent dips further below $104 on nerves over su... [Published Sharenet - May 22 2013]
No Sign of Stopping for China's Property Boom [Published CNBC - May 22 2013]
Palm oil ends flat; Ramadan demand eyed [Published Business Times Malaysia - May 21 2013]
VEGOILS-Palm oil ends flat; Ramadan demand eyed [Published Yahoo! UK and Ireland - May 21 2013]
Rubber Retreats From One-Week High on Chinese D... [Published La Repubblica - May 21 2013]
UBS downgrades GDP growth [Published CHINAdaily - May 21 2013]
Palm oil slips as weak exports drag [Published Business Times Malaysia - May 21 2013]
Palm oil off one-month high on weak exports [Published Business Recorder - May 21 2013]
Most Chinese Stocks Fall, Led by Financial Shar... [Published Bloomberg - May 21 2013]
VEGOILS-Palm oil ends off 1-mth high on weak ex... [Published Yahoo Philippines News - May 20 2013]
UPDATE 3-Oil above $104 on stronger equities, w... [Published CNBC - May 20 2013]
Oil holds below $105 a barrel on moderate deman... [Published BDlive - May 20 2013]
UPDATE 2-Brent holds above $104 on moderate out... [Published CNBC - May 20 2013]
Palm oil climbs to one-month high [Published Business Times Malaysia - May 20 2013]
Brent holds below $105 on moderate demand outlook [Published Yahoo! UK and Ireland - May 20 2013]
Brent holds below $105, moderate demand outlook... [Published CNBC - May 20 2013]
Palm oil edges up [Published Business Times Malaysia - May 17 2013]
UPDATE 1-Brent slips, stays below $104 on deman... [Published CNBC - May 17 2013]
Brent Slips on Demand Worries, Stronger Dollar [Published CNBC - May 17 2013]
Brent slips towards $103 on weak data; U.S. sto... [Published Sharenet - May 16 2013]
UPDATE 2-Brent slips towards $102 as weak suppl... [Published CNBC - May 15 2013]
Brent holds above $102 as dollar eases, but sup... [Published CNBC - May 15 2013]

Blogs

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China: Some thoughts on investment and consumption [Published Credit Writedowns - May 10 2013] By Michael Pettis I have been arguing for several years that once China begins the adjustment process, which I expect to characterize the ten-year period of the current administration, growth rates must slow significantly. My expectation for long-term ...
CHART: $2.1 Trillion Powder Keg Near The Heart ... [Published Clusterstock - Jan 23 2013] Wealth management products (WMP) issued by banks have grown extremely popular in China over the last few years. There was reportedly over 13 trillion yuan (or around $2.1 trillion) of WMPs outstanding at the end of 2012, a 50 percent year-over-year ...
GOLDMAN, UBS: The Spike In China's Exports Does... [Published Clusterstock - Jan 14 2013] Jan. 14 ( Bloomberg ) -- China’s unexpected surge in exports last month renewed concern from analysts at Goldman Sachs Group Inc., UBS AG and Australia & New Zealand Banking Group Ltd. that statistics from the nation can be unreliable. The 14.1 ...
Even Goldman Says China Is Cooking The Economic... [Published Zero Hedge - Jan 13 2013] That China openly manipulates its economic data, especially around key political phase shifts, such as one communist regime taking over for another, is no secret . That China is also the marginal economic power (creating trillions in new loans and ...
China's Gold Volume “Shot Through The Roof” Yes... [Published Zero Hedge - Jan 08 2013] From GoldCore China's Gold Volume “Shot Through The Roof” Yesterday Ahead Of Lunar New Year Today’s AM fix was USD 1,653.75, EUR 1,261.06 and GBP 1,028.07 per ounce. Yesterday’s AM fix was USD 1,653.75, EUR 1,267.82 and GBP 1,029.60 per ounce. ...