Another wave of industry restructuring is expected to occur in Taiwan and China as LED lighting penetration rates continue to rise, according to Chinese-language Apple Daily report. LEDinside and Photonics Industry and Technology ...
Tags: LED Industry, LED Lighting
On January 7, 2014 the National Development and Reform Commission (NDRC) in China gave its approval of the establishment of a joint venture between the Volvo Group and Dongfeng Motor Group Company Limited. Before completion of the ...
Tags: NDRC, DFCV, DFG, joint venture
Amidst a subdued domestic economic scenario, Chinese apparel company Eratat Lifestyle Limited witnessed a dip in sales revenue and profitability in the third quarter of 2013. The company, which is engaged in the design and distribution ...
Tags: fashion footwear, fashion apparel
The Chinese economy grew at an annual pace of 7.7% in the fourth quarter of 2013, which was enough to ensure that growth for the whole of the year matched that of 2012. According to preliminary data from the National Bureau of Statistics ...
Tags: Chinese Economy, NBS, Australia, market
China's industries beset by overcapacity have entered a more favorable demand-supply balance, Deutsche Bank said on Tuesday. The bank estimated the cement industry would reduce its added capacity in 2014 by 35 percent while the steel ...
The Equipment Leasing and Finance Association (ELFA) which represents the $827 billion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2014. Given U.S. businesses, nonprofits and government agencies will spend ...
During the six-month period from April 1 through September 30, 2013, the global economy showed modest recovery trend, with the signs of bottoming out in Europe and continued increase in employment in U.S.. The Chinese economy by contrast, ...
Tags: Electrical, Electronics
The exports of garments from China to the Asean region increased by 42 percent year-on-year during January-October 2013 period, according to the data released by the China Chamber of Commerce for Import & Export of Textiles, China TexNet ...
Tags: Apparel Export, garments
Tackling excess capacity will be one of the top tasks on China's economic agenda in 2014, as the issue becomes a major challenge to maintaining the pace and quality of economic growth. "The Chinese economy still faces downward pressure ...
Tags: Slashing Capacity, Mineral
The best scenario for the Chinese economy in 2014 would be to achieve 7.8 percent GDP growth, a major think tank said on Monday. That could be obtained if all the recently proposed reform initiatives are carried out and the global market ...
China's crude steel consumption for 2013 is estimated at 693 million tonnes and it is expected to grow 3.2 percent year on year to reach 715 million tonnes in 2014, an industry expert said on Friday. Given China's current production ...
Tags: Construction, Steel
The unending slowdown in the Chinese economy saw the net profit of men's casual apparel manufacturer China Xiniya Fashion plunging by 89.4 per cent at RMB6.0 million in the third quarter ended September 30, 2013 from RMB56.4 million in the ...
Tags: Xiniya Fashion, Apparel
China's latest figures on industrial activities indicated that the world's second largest economy faced worsening overcapacity despite a slew of measures and repeated warnings from the leadership. Analysts said overcapacity was posing a ...
Tags: Overcapacity, China's Economy
Turkish integrated steelmaker Erdemir sees a positive outlook for the steel industry in 2014, as stated by the company's marketing and sales coordinator Basak Turgut at the 8th SteelOrbis Turkish Steel Market Conference held in Istanbul on ...
China's crude steel output rose 8.3 percent year-on-year to 652.48 million tons in the first ten months of 2013, faster than the 2.1-percent increase seen in the same period last year, the country's top economic planner said Thursday. ...
Tags: Construction, Metallurgy, Mineral, Energy, Crude Steel