The UK is paying more attention to the impact from China’s easing economy upon the global economy. China’s economic slowdown has spurred Chinese enterprises to increased overseas engagement after a long learning period, Chinese ...
Call it a tale of two sectors -- China's slipping manufacturing and flourishing service sector have defined the country's economy. The Chinese economy is undergoing heavy restructuring as it slowed to a six-year low of 6.9 percent in the ...
Tags: economy, service sector, manufacturing
China's central bank projected its baseline forecast for 2016 growth at 6.8 percent on Wednesday, expecting the number of positive factors to gradually increase despite downward pressure on the economy. The rate is slightly lower than the ...
Tags: Central Bank, economy
Over 15 years after the establishment of the Forum on China-Africa Cooperation (the "FOCAC"), China-Africa economic and trade cooperation has become a highlight in international cooperation with Africa and a model of South-South ...
Tags: FOCAC, financing cooperation
With the approaching Christmas holiday and the typical seasonal construction slowdown, buyers are expecting US rebar prices to remain largely flat through year-end. "Our fabrication division is staying very busy and is not wrapping up by ...
With the progress of modern logistics as well as the growth in demand for replacing workforce by machinery, forklifts have become the most widely used tools for handling materials in logistics industry. In 2014, global forklift sales volume ...
Tags: Forklift Industry, internal combustion forklifts, electric forklifts
Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...
Certain LED manufacturers have turned their attention to niche lighting market applications in the wake of declining LED profits, but MLS is ambitiously vying the IC semiconductor industry and emerging markets to boost its profitability in ...
Tags: MLS, IC Semiconductor, LED display
Listed lenders from China may see zero or negligible profit growth next year, with some likely to incur marginal losses, a new report said on Monday. The nonperforming loans ratio, which measures bad loans as a percentage of total loans, ...
Tags: Uneasy Outlook, loans ratio
Sales growth in China's auto market will resume in 2016 after having stagnated since 2015, while automakers' margins will narrow due to fiercer competition, Fitch Ratings predicted Tuesday. Reduced purchase taxes and recovering consumer ...
Tags: auto market, SUVs
Some independent teapot refiners in China's eastern Shandong province will be ramping up crude oil imports over the next month in a bid to utilize their import quotas before the end of the year, trade sources said this week. This is ...
Tags: Teapot Refiners, crude oil
China's coal consumption continued to decrease in the first ten months this year, according to the China National Coal Association (CNCA) on Tuesday. Coal consumption hit 3.23 billion tonnes during the January-October period, down 4.7 ...
Tags: coal consumption, coal
New technology developed by UC Berkeley bioengineers promises to make a workhorse lab tool cheaper, more portable and many times faster by accelerating the heating and cooling of genetic samples with the switch of a light. ...
Tags: PCR, LED Lights
For third-quarter 2015, specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has reported revenue of $68.7m, down on $114.4m a year ago, negatively impacted by continuing erosion in relevant underlying ...
Tags: chemical products, metal
An outbreak of cautious optimism in optics and laser markets is fueling the hope that the economic slowdown may be over. Not all vendors are cheerful however, with the order books of some in the materials processing sector continuing to ...