In December 2014, the Chinese government announced it would no longer be encouraging local governments to issue financial subsidies to LED manufacturers. The announcement which could have brought a sigh of relief to foreign competitors, had ...
Tags: LED Subsidies, LED industry
China's new forex rate formation mechanism is credit positive as it will increase currency flexibility and support China's capital account liberalization, said Moody's in a recent report. The People's Bank of China on Tuesday adjusted the ...
Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics ...
Tags: LED industry, LED Chip
"I don't think we should pay too much attention to the fluctuation of the Chinese stock markets. It's not the most important part of the Chinese economy. What's more important is the fundamentals of the Chinese economic growth," renowned ...
Multiple economic indicators in recent months suggest the Chinese economy is over the worst as pro-growth and reform measures take effect, according to the National Bureau of Statistics (NBS). "Positive changes are occurring due to ...
Tags: Chinese Economy, Positive Signs
Richard Eden, senior analyst (Power Semiconductors) at market research firm IHS Technology, attended the recent PCIM (Power Conversion Intelligent Motion) Europe 2015 tradeshow in Nuremberg, Germany (19-21 May), and in a Research Note has ...
Tags: GaN SiC, Power electronics
The 10th Cross-Strait Economic, Trade and Culture Forum, a regular meeting between the Chinese mainland and Taiwan, was held Sunday in Shanghai. Yu Zhengsheng, top political advisor and senior leader of the Communist Party of China (CPC), ...
China's economic growth slowed to 7 percent in the first quarter of 2015, down from 7.3 percent in the fourth quarter, the National Bureau of Statistics (NBS) announced on Wednesday. The latest figure was better than the forecasts by ...
Tags: Chinese economy, consumer prices
Chief executive officers have less confidence in growth prospects for their businesses amid China's economic restructuring, even as most of them continued to remain bullish on the size and strength of the Chinese economy, a survey said on ...
China's cooling growth prospects are expected to shift the economic agenda away from the eurozone, although Greece remains firmly in the spotlight because of its precarious funding outlook. China is expected to provide further hints of ...
Tags: economy growth, economic reforms
As China walks the economic tightrope of balancing steady growth, facilitating restructuring and combating deflation risks, Zhou said there may be room for flexibility despite consistent championing of a prudent monetary policy. Policy ...
Tags: Central Bank, China's GDP
China's trade rebounded in February from the previous month's surprise contraction, but imports were subdued in another sign of continued weakness in the world's second-largest economy. Exports surged 48.9 percent in February from a year ...
Tags: Dipping Imports, February exports
China unveiled its economic growth target for 2015 Thursday, putting an end to months of speculation.[Special coverage] The target, as expected, was lowered to "around 7 percent," a level not seen since 2004 and 0.5 percentage points ...
Tags: Consumer Electronics, Growth
The Chinese economy is confronted with more difficulties than anticipated in 2014, but it has scored more achievements than expected, said Xu Shaoshi, minister in charge of the National Development and Reform Commission, China's top ...
Dramatic monetary policies in Europe have lots of potential to create a new surge of hot money inflow into China, says Simon Derrick, chief currency strategist at the Bank of New York Mellon. Hot money is speculative money that flows ...