Economy
Economy
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Manufacturing and Service Surveys Showed Increased Expansion in July
Aug 6, 2013Manufacturing and service surveys showed increased expansion in July while business expectations rose, evidence that China’s economic slowdown may be stabilizing, Bloomberg reported. The non-manufacturing Purchasing Managers’ ...
Tags: economic Slowdown
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China's Stocks Rose for a Fifth Day on Monday
Aug 6, 2013China’s stocks rose for a fifth day on Monday, continuing their longest stretch of gains in two months thanks to a services gauge that rose for the first time since March, Bloomberg reported. Shanghai Friendship Group (600827.SHA) and ...
Tags: China Stocks
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In July, China's Manufacturing PMI Was 50.3 Percent, up by 0.2 Percentage Point
Aug 6, 2013In July, China's manufacturing purchasing managers index (PMI) was 50.3 percent, up by 0.2 percentage point month-on-month. In view of the sizes of enterprises, the PMI of large-sized enterprises was 50.8 percent, up by 0.4 percentage ...
Tags: China's PMI
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Non-Manufacturing Purchasing Manager Index of Service Industry up by 0.4 Percentage Point
Aug 6, 2013In July, non-manufacturing purchasing manager index was 54.1 percent, an increase of 0.2 percentage point over the previous month. In view of different industries, non-manufacturing purchasing manager index of service industry was 53.0 ...
Tags: Non-Manufacturing PMI
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Feng Hsin Announces to Remain Its List Prices for Rebar
Aug 6, 2013Feng Hsin, one of the major steel long products manufacturers in Taiwan announced to remain its list prices for rebar, section steel and scraps unchanged for this week. Also, the company has kept the prices unchanged for consecutive ...
Tags: Taiwanese Feng Hsin, Rebar Prices
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PMI for China Drops to 47.7 in July
Aug 6, 2013The HSBC purchasing managers' index (PMI) for China declined to 47.7 in July from 48.2 in June, declining for a third straight month to its lowest reading since August 2012.A reading below 50 indicates a contraction of activity while one ...
Tags: HSBC China
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China's PMI for Domestic Manufacturing Sector Increases by 50.3% in July
Aug 5, 2013China's purchasing managers' index (PMI) for its domestic manufacturing sector was at 50.3 percent in July this year, up 0.2 percentage points compared to June, according to the figures released by China's National Bureau of Statistics ...
Tags: Manufacturing Sector, Mineral
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The HSBC Purchasing Managers' Index (PMI) Posted an Eleven-Month Low of 47.7 in July
Aug 3, 2013After adjusting for seasonal factors, the HSBC Purchasing Managers' Index (PMI) posted an eleven-month low of 47.7 in July, down from 48.2 in June, signaling a deterioration of business conditions for the third consecutive month, a company ...
Tags: Business Conditions, HSBC PMI
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Australian Share Market Edged Higher as Investors React to Positive News out of China
Aug 2, 2013THE Australian share market has edged higher as investors react to positive news out of China and uncertainty in the US. The S&P/ASX 200 dropped off in afternoon trade today, which Stock Report analyst Benny Sada said reflected market ...
Tags: economy, Share Market
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Forthcoming Audit of Overall Government Debt in China Is Expected to Reveal The Status Quo
Jul 30, 2013A forthcoming audit of overall government debt in China is expected to reveal the status quo of growing government debt and its potential risks amid the country's economic slowdown. The planned nationwide audit follows a previous one ...
Tags: Gov't Debt
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Cities May Tighten Property Curbs in Order to Cap Home Price Gains Below Income Growth
Jul 30, 2013China’s economic slowdown means that some cities may tighten property curbs in order to cap home price gains below income growth, Bloomberg reported. Hangzhou, the capital city of Zhejiang province, will tighten approvals of pre-sale ...
Tags: tighten property curbs, home price
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Chinese Industrial Companies Saw Profit Growth Cool on The Back of Economic Slowdown
Jul 30, 2013Chinese industrial companies saw profit growth cool in June on the back of China’s economic slowdown, Bloomberg reported. The National Bureau of Statistics (NBS) on Saturday said net income increased 6.3% from a year earlier to US$82 ...
Tags: Industrial Profits
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The Industrial Profits of Enterprises Above Designated Size Achieved 2,583.66 Billion Yuan
Jul 30, 2013From January to June, the industrial profits of enterprises above designated size achieved 2,583.66 billion yuan, an increase of 11.1 percent over the same period last year, 1.2 percentage points lower than that in the first five months. Of ...
Tags: Industrial Profits
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The China Chamber Have Reached a Deal to Resolve a Dispute Involving Solar Panels
Jul 29, 2013The China Chamber of Commerce for Import and Export of Machinery and Electronic Products and the European Commission have reached a deal to resolve a dispute involving solar panels. "We found an amicable solution in the EU-China solar ...
Tags: Solar Panel Deal
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Fortune China Issued 2013 China Top 500 Ranking List
Jul 25, 2013On 16th July, Fortune China issued 2013 China Top 500 ranking list. Baosteel CO., LTD is ranked No. 22nd with the operating revenue of 191.512 billion yuan, net profit of 10.386 billion yuan , maintaining the leading position among domestic ...
Tags: Fortune China, economy
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