Beijing - Activity in China's vast factory sector grew at a milder pace in November as new export orders shrank, a preliminary survey showed on Thursday, bolstering expectations the economy could lose some of its vigor in the fourth quarter ...
Tags: PMI, Chinese economy
Rising domestic demand provides firm basis for expansion in the industrial sector British bank HSBC Holdings Plc said that China's manufacturing Purchasing Managers' Index will rise to a seven-month high of 50.9 in October, up from 50.2 ...
Tags: domestic demand, Chemicals
Chinese shipbuilders have been sailing toward bankruptcy in recent years, with China trying to consolidate the industry and bail it out from the woe of overcapacity. With delays in deliveries, order cancellations and price decreases for ...
China Premier Li Keqiang chaired a State Council executive meeting on September 6 to listen to the third-party assessment reports on the implementation of private investment policies and study and deploy measures for effective ...
Tags: Private Capital, Service
The State Council released a guideline to boost the country's energy-saving and environmental protection sector on August 1 and is expected to release preferential policies, according to a posting on the central government's website on ...
Tags: State Council, Energy-Saving
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
The CEO of Standard & Poor's (S&P) in Mexico, Victor Manuel Herrera, hoped that the differences of politicians are resolved "very shortly" to maintain the dynamic of the current federal administration. He said he was "disappointed" that ...
Tags: Mineral, Standard&Poor's
High unemployment and the continued slowdown in economic growth in the Southern European crisis countries in particular is still hampering economic development in the European Union (EU). While the countries moving towards recovery are ...
Tags: GFK Consumer Climate, unemployment
The international rating agency Fitch has downgraded Italy's long-term rating to 'BBB+' from 'A-'. The outlook on the long-term issuer default rating (IDR) is negative. According to Fitch’s press release, the inconclusive results of ...
Tags: Fitch, rating agency, long term rating
According to a major economic report, GDP growth next year is likely to be higher than in 2012. Chinese Academy of Social Sciences said in its "blue book" report that China is set to achieve 8.2% annual GDP growth in 2013, higher than the ...
Tags: GDP growth, service sector, economic structural reform
According to the OECD's latest Economic Outlook,the global economy is expected to make a hesitant and uneven recovery over the coming two years.Decisive policy action is needed to ensure that stalemate over fiscal policy in the United ...
Tags: fiscal cliff, labour markets, recession, OECD
Japanese carmaker Mazda Motor (MMC) is planning to establish a production and sales joint venture with its Malaysian local distributor Bermaz Motor in 2012. According to the carmaker, the new JV will further enhance its business and brand ...
Tags: Mazda, JV with Bermaz, Malaysia
The Cabinet Office has ditched plans to publish regular'gateway'reports on the progress of major public sector IT projects. The decision,according to reports,follows complaints from senior civil servants,whose compliance Cabinet Office ...
Tags: Francis Maude, Gateway Reports, Cabinet Office, IT