China

2013 Gaming in Macau, China – MGM receives government approval for new casino

Analyst Commentary, Miller Chu: MGM China Holding Ltd (HKSE: 2282) announced that the company has received formal approval from the Macau government to build its second casino in the Cotai area of Macau. The new five-star hotel casino project, with a budget of US$2.5 billion, has a construction timeline of 3 years.

The third natural gas pipeline across Northern BC, aiming at Asian markets

Analyst Commentary, Miller Chu: Natural gas consumption and production imbalance – poised for shale gas development Spectra Energy Corp. (NYSE:SE) and BC Group PLC (LSE:BG.L) are teaming up to build a new natural gas pipe line from northeastern BC to Prince Rupert aiming to export to the Asian markets including China.

Chinese manufacturing slowing but remains expanding and may indicate more monetary stimulus to come

Analyst Commentary, Matthew Bovencamp: On June 1st China’s official purchasing managers’ index[1]&nbsp

Avoid natural gas players? Not those in China

Analyst Commentary, Miller Chu: China is one of the largest energy consuming nations in the world and recently began stepping up its domestic natural gas development and investments by tapping into its domestic shale gas reserves to meet the growing domestic demand and support its energy policy.

China's restriction on rare-earth materials and timing of Molycorp's acquisition of Neo Materials

Analyst Commentary, Miller Chu: Following Molycorp (NYSE: MCP) and Neo Material (TSE: NEM) potential M&A announcement earlier this week, the U.S., the EU and Japan are teaming up to fight against China’s restriction on rare-earth exporting. The three nations are fighting to have China remove its restriction on rare earth exports.