It’s been a good few weeks for China’s economic decision-makers. Official data showed exports in August rose 7.2% from a year earlier, surpassing all forecasts. The official purchasing managers’ index (PMI) for ...
Tags: Wrong Growth Path
In the first nine months of the current year, China's overall fixed asset investments totaled RMB 30.9208 trillion ($5.05 trillion), rising by a hefty 20.2 percent year on year, while the investment figure for September alone was up 1.28 ...
Tags: Metallurgy, Mineral, Energy
Nucor Corporation announced Thursday consolidated net earnings of $147.6 million, or $0.46 per diluted share, for the third quarter of 2013, compared to net earnings of $85.1 million, or $0.27 per diluted share, in the second quarter of ...
Tags: Metallurgy, Mineral, Energy
The sales volume of all trucks (including tractors, engineering and cargo trucks) is 62000 units, up by 44.8% over last year (42,800 units), rising by 20.3% over last month (51,600 units). What's more exciting is the accumulative sales from ...
Tags: Truck, Transportation
China's business activity surged to a 17-month high in August, providing fresh evidence that the protracted economic slowdown in China may be bottoming out. Industrial production gained 10.4 percent from a year earlier, picking up from ...
Tags: Steel Leads, Steel Sector
It's reported that China's crude stainless steel output is expected to exceed 25 million tons and the country's apparent consumption of crude stainless steel may exceed 20 million tons by 2020, according to Mr. Li Cheng, the honorary ...
Tags: Stainless Steel
China's coal output and sales both declined in the first seven months of 2013, statistics from the China National Coal Association (CNCA) showed on Monday. The country's coal output in the Jan.-July period stood at 2.13 billion tonnes, ...
Tags: Coal Output, Mineral
In the first seven months of the current year, China's fixed-asset investments in its transport sector reached RMB 751.186 billion ($122.9 billion), up 9.95 percent year on year, while the investment figure for July alone was RMB 151.545 ...
Tags: Fixed Asset Investments
In the next stage, Baosteel Co., Ltd will focus on boosting Zhanjiang Steel construction and key projects such as 3 blast furnaces overhaul,etc. as well as technical renovation project, compiling 2014 plan for fixed asset investment, ...
China's economy performed better than expected in July with inflation stable and industrial production strengthened. China's consumer price index, the main gauge of inflation, grew 2.7 percent from a year earlier in July, with retail ...
Tags: China's economy
Global automotive supplier Magna International has reported 16% increase in sales to $8.96bn during the second quarter that ended 30 June 2013, compared to the corresponding period of 2012. During the second quarter of 2013, the supplier ...
Tags: Magna International, automotive
In the January-July period of this year, China's total fixed asset investment (excluding rural households) amounted to RMB 22.1722 trillion ($3.6 trillion), up 20.1 percent year on year, the same as the year-on-year growth recorded in ...
Tags: Fixed Asset
Bank of Communications (BOCOM), China's leading commercial bank, released its projections on Monday for China's economy in the second half of 2013, predicting gross domestic product growth of around 7.5 percent by the end of the year. ...
Tags: Economy
China's gross domestic product growth slowed to 7.5 percent in the second quarter of 2013, down from 7.7 percent during the first quarter, data from the National Bureau of Statistics (NBS) showed on Monday. Growth in the first half of the ...
Tags: Q2 GDP, China economy
Bank of China, one of China's big four state-owned commercial banks, has stated in a report that China's gross domestic product (GDP) growth is expected to rebound to 7.8 percent in the third quarter of this year, amid acceleration of ...
Tags: Chinese GDP