Hit by sluggish Chinese demand, India’s cotton export is expected to fall 29 per cent to 7 million bales in the current crop year that ends in September. India has so far exported only 4.5 million bales of cotton this year, media ...
Tags: Chinese demand, cotton export
The World Bank’s East Asia and Pacific Economic Report April 2015 paints a favourable picture for Vietnam. According to the report, medium term projections reflect gradual improvement in GDP growth and macroeconomic stability ...
Tags: Vietnam's Growth, GDP growth
The tide is slowly starting to turn in favor of the American furniture industry in terms of sales, but manufacturers and retailers continue to face numerous wide-ranging challenges. The American furniture industry is at a turning point. ...
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
China's foreign trade remained anaemic in the first quarter of 2015, with exports registering a big slump in March following signs of improvement, official data showed on Monday. Last month, the foreign trade volume dropped by 13.5 ...
Tags: Foreign Trade, GAC, Transportation
China will reduce resource taxes on iron ore to aid industrial upgrades and ensure sufficient supply, the State Council said Wednesday. Resource tax on iron ore will be reduced from 80 percent of the taxation payment base to 40 percent, ...
Tags: iron ore, smelting cost
'One Belt, One Road' initiatives offer hope to firms like Zoomlion amid stagnant sales in domestic market, reports Xu Wei. Plans by China's leaders to revive ancient intercontinental land routes and develop maritime links are being seen ...
Tags: Heavy Equipment, heavy machinery
U.S. demand for adhesives and sealants is forecast to increase 2.8 percent per year to 6.4 billion pounds in 2019, valued at $12.8 billion. A turnaround in construction activity, combined with the expanding use of adhesives and sealants ...
Tags: assembly, Construction
China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would ...
Tags: Steel Industry, Iron Steel
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
Last year definitely ended with two widely differing stories in the fashion world in China, with traditional well-known luxury brands experiencing a downturn while more affordable luxury products and fast fashion brands turning in ...
Tags: luxury market, luxury brands
China's "new normal" economy, although growing at a slower pace, actually added value last year as more jobs were created, inflation was under control, and trade rose, said a senior official at the National Bureau of Statistics yesterday. ...
It is not likely that Chinese industrial economy will experience hard landing regardless of the sluggish investment, Gan Jie, a financial professor, said Friday. Speaking at a luncheon co-organized by China's Hong Kong General Chamber of ...
Tags: industrial economy
New rules to facilitate entry of bulk carriers at the nation's ports China is likely to import more iron ore from Companhia Vale do Rio Doce, the Brazilian mining giant, to bolster its raw material reserves, after the Ministry of ...
China's machinery industry continued to expand in 2014 but at a softer pace due to sluggish domestic demands and piling inventories, new data showed on Wednesday. The added value of the sector increased 10 percent year on year in the last ...