The "new normal" theory elaborated by Chinese President Xi Jinping would be one of the hallmarks to be engraved in history by the ongoing meetings of the Asia-Pacific Economic Cooperation (APEC) in Beijing. In his speech delivered to over ...
Tags: new normal theory, APEC
The high level of government savings deposits could prove detrimental to long-term economic growth, even as concerns mount over ballooning local government debt in China, a report said on Wednesday. Total bank deposits held by government ...
China’s National Bureau of Statistics said Tuesday the country’s gross domestic product rose 7.3% on the year for three months through September, the slowest growth since the first quarter of 2009. Inflation-adjusted economic ...
Speaking at the 48th annual meeting of worldsteel (World Steel Association) held in Moscow on October 6, Hans Jürgen Kerkhoff, chairman of the worldsteel Economics Committee said that with a seven percent negative GDP growth expected ...
Tags: steel demand, real estate sector
Recent soft economic data including falling property prices have many investors worried about a growth slowdown in China, but Platinum Asset Management sees plenty of investment opportunities. The funds manager said in a note to investors ...
Tags: China Economy
IATA reports that air freight volumes were up by a strong 5.8% in July compared to a year ago. This is an acceleration on June, when freight tonne kilometres rose 2.4%, and reflects improving demand conditions in some regions. There was ...
Tags: Air Freight, Service
The European Union Chamber of Business in China has released its latest survey, based on 552 European Chamber member companies and produced in partnership with Roland Berger Strategy Consultants. The survey indicates that business ...
Tags: Economy
China is on a long-term track to become a net exporter of petroleum products to the Middle East, a senior official of state-controlled China National Petroleum Corp said Tuesday. "China could at some point become a net exporter of fuel ...
Tags: Oil-Product, Oil Refineries
With the impact of financial crisis, let more and more export enterprises of stationery facing the sluggish market, the status of poor sales record makes those small and medium enterprises have to find a way out, the stationery industry is ...
Tags: Export Enterprises, Stationery
China has set out on a significant transformation process from being "the workbench of the world" to becoming a modern society underpinned by a progressive economy. No wonder the term "innovation" is echoing from government institutions and ...
Tags: Innovation, China, Focus Vision, China Culture, Innovation in China
The price of copper remains within its expected range despite a recent dip below $3/lb while continued demand from China bodes well for prices over the long term, the CEO of Codelco, the world's largest producer of the red metal, said ...
Tags: copper, copper price
Chinese inquiries for imported thermal coal have picked up amid stabilizing domestic prices and lower freight rates, but a wide bid-offer spread continues to deter spot deals, sources said Tuesday. Australian suppliers have raised their ...
Speaking at the SteelOrbis 2014 Spring Conference & 70th IREPAS Meeting in Barcelona, Franc Cardona, the marketing and international affairs director of Spanish steel producer CELSA Group, stated that margins in the long steel product trade ...
Tags: Steel, Metallurgy, Mineral
A week of talking about ambitious plans for the Chinese economy was followed by a weekend of reality as key economic data were released. Journalists in Beijing flocked around a beleaguered spokesman whilst analysts elsewhere were cursing ...
Tags: Chinese economy, export data
The International Air Transport Association (IATA) released January performance data showing a strong rise in air freight growth compared to a year ago. Global freight tonne kilometres (FTK) rose 4.5% in January compared to January 2013. ...
Tags: Air Freight, Service, Logistics