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world economy
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China Paper Bag Machinery Manufacturer Brings Gospel to Environmental Protection
Jul 31, 2019For products to survive and even thrive in the marketplace, they have to fill a specific need from customers. One good example is paper bags who are in response to the environmental call. There is so much going on in the world with regards ...
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China Is Facing Growth Deceleration
Dec 12, 2016A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...
Tags: Chinese economy, global economy
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China's Contribution to World Economy Stays Around 30%
Oct 31, 2016The transition of China's economy will become an important driver of world economic growth, according to Chi Fulin, director of the China Institute for Reform and Development. Addressing the China reform forum that opened on Saturday, Chi ...
Tags: Economy, China's Economy
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Renminbi's Inclusion in SDR
Oct 9, 2016"The inclusion of the renminbi in the SDR is the biggest structural event in currency markets since the creation of the euro66." This was the title of a recent article published on the Euromoney website. This neatly sums up the view of ...
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Exporter Confidence Plateaus Amid Competing Head and Tailwinds
Aug 25, 2016America’s back, free trade agreements are helping (particularly with China), and Europe remains on Australian business horizons despite Brexit. This is according to the 2016 DHL Export Barometer. However, exporters are muddling ...
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IMF Cuts 2016 Global Growth Forecast to 3.1%
Jul 20, 2016The International Monetary Fund (IMF) on Tuesday revised down its forecast for global growth in 2016 and 2017, due to the uncertainty surrounding Britain's exit from the European Union (Brexit). The IMF expects the global economy to grow ...
Tags: IMF, global growth
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How Should China Cope with US Interest Rate Rise?
Jun 7, 2016A May 25 Bloomberg report said that Chinese officials plan to ask their American counterparts during the upcoming eighth round of the China-U.S. Strategic and Economic Dialogue about the chance of a Federal Reserve (Fed) interest rate ...
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CIMC Delivers 50 Liquid Tanks to Overseas Market
Jun 2, 2016Recently, CIMC hold delivery ceremony of 50 units CIMC aluminum alloy liquid tanks. Overseas customers and distributors, leaders of CIMC relative departments attended the ceremony. CIMC vice general manager Hu Bolin expressed his ...
Tags: Overseas Market, Liquid Tanks
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China Not The Cause of Global Economic Crisis
Jan 22, 2016The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks
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RMB's Upgrade to Reserve Currency "Good News": Ex-ambassador
Dec 28, 2015The decision by the International Monetary Fund (IMF) to confer the reserve currency status on China's renminbi (RMB), "is good news," a former Chilean diplomat said. "It's good news because it acknowledges the role that the Chinese ...
Tags: RMB's Upgrade, Reserve Currency
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Joint Statement by China, U.S. Trade Ministers on Expansion of WTO Information Technology Agreement
Dec 17, 2015Chinese Minister of Commence Gao Hucheng and U.S. Trade Representative Michael Froman discussed and reached consensus on the negotiations on the expansion of the WTO Information Technology Agreement on Wednesday in Nairobi, Kenya. ...
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Li Pledges to Cut Back on Overcapacity
Dec 4, 2015Premier Li Keqiang has pledged "firmer resolve and greater efforts" to tackle the long-standing problem of industrial overcapacity as "old growth drivers" such as manufacturing and investment continue to struggle. China is experiencing a ...
Tags: high-tech industries, Overcapacity
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People’s Daily: Major Achievements of The Development of China’s Open Economy Since The 12th Five Year Plan Especially Since The 18th Party Congress
Nov 25, 2015The 11thseminar of the series of seminars called the “Brilliant 12th Five Year” was held on October 19 in Beijing. Our Journalist interviewed the reporter, China International Trade Representative and Vice Minister of Commerce ...
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Xinhua News Agency: Li Keqiang and German Chancellor Angela Dorothea Merkel Attend The Symposium with Sino-German Council of Economic Advisers
Nov 25, 2015Xinhua News Agency October 30 - The Premier of the State Council Li Keqiang, together with the visiting German Chancellor Angela Dorothea Merkel attended the symposium with Sino-German Council of Economic Advisers in Hefei on October 30, ...
Tags: German-China cooperation, trade, investment, finance
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Why are Chinese LED Manufacturers Acquiring Large Int’l Players Less Profitable Businesses?
Nov 12, 2015Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics ...
