Economy

Reliance Group Has Signed an MoU with Wanda Group

Business Line reported that Reliance Group has signed an MoU with China based Wanda Group for a strategic long term partnership covering areas of mutual interest such as real estate and multiplexes. Reliance Group said that the Wanda ...

Tags: real estate developer, Reliance Group, Chinese Wanda, Township Projects

China Is Expected to Witness 723 Million Tonnes of Crude Steel Output This Year

Mr Zhang Changfu secretary general of the China Iron and Steel Association at an annual meeting about China's steel market outlook Saturday said that China is expected to witness 723 million tonnes of crude steel output this year, only a 3% ...

Tags: Steel Output, CISA, Steel, Construction

China's Electricity Consumption Reached 413.9 Terawatt Hours in November This Year

According to statistics released by the National Energy Administration, China's electricity consumption reached 413.9 terawatt hours in November this year, up 7.6% compared to the same period of last year. In the first eleven months of ...

Tags: Consumer Electronics, Electricity Consumption, hydroelectric

A Deep and Abiding Concern Over The Theft of IP That Occurs in China

Throughout history there have been many instances of alluring success that has led many people to chase a perceived golden opportunity only to end up very disappointed. In recent times there has been a genuine gold rush atmosphere when it ...

Tags: genuine gold rush, China, the Fortune 500 U.S.

Shanghai Rebar Futures Climbing on Friday to Levels Last Seen in August

Reuters reported that Shanghai rebar futures climbing on Friday to levels last seen in August after data showed China's factory activity picked up pace in December. The most active rebar contract for May delivery on the Shanghai Futures ...

Tags: Steel rebar, Steel, rebar futures, rebar

Closely Held International Has Secured AUD 30 Million Cornerstone Investment From China

Closely held International Base Metals Limited has secured AUD 30 million cornerstone investment from China as it looks to develop a copper mine in southern Africa. IBML, advised by Azure Capital also hopes to use some of the funds raised ...

Tags: Chinese miner, copper mine, mining assets, Metals

Kunming Iron & Steel Holdings Ltd Will Issue CNY 1 Billion

China Knowledge reported that Kunming Iron & Steel Holdings Ltd has said it will issue CNY 1 billion in unsecured bills with a maturity of 365 days on the interbank market on December 21. The company said that the bills will be issued at ...

Tags: Iron, Steel, bills, unsecured bills

The Prospects for a Pick up in China's Economy Are Getting Better by The Week

The prospects for a pick up in China's economy are getting better by the week,with more signs that 2013 could be a strong year.It is good news for the Australian economy,which has slowed in the past year in the wake of a sharp fall in the ...

Tags: China's economy, Australian economy, iron ore, CEWC

Thermal Power Output Growth in China Turned Positive in November,Rising 4.9%

INTERFAX-CHINA reported that thermal power output growth in China turned positive in November,rising 4.9%on an annual basis to 608.88 terawatt hours,following seven consecutive months of declines. Mr Jiang Kejun a researcher with the ...

Tags: Thermal Power, Positive, Growth

Aluminium Smelters in China Have Agreed on Higher Ratios of Metal Prices Next Year

Reuters reported that Aluminium smelters in China have agreed on higher ratios of metal prices next year to value purchases of the raw material alumina spurred by worries of tighter supply at home. Traders and sources at smelters said ...

Tags: aluminium smelters, metal, Metal Exchange, alumina

Baosteel Group Co Ltd Insists on Leading Technology

2012 national technology innovation demonstration enterprise assessment results are recently announced.Baosteel Group Co Ltd insists on leading technology and open independent integration innovation road,and with good technical innovation ...

The Daily Crude Steel Production Was 1.6569 Million Tonnes

According to China Iron and Steel Association, the daily crude steel production of its members in early December was 1.6569 million tonnes, up 1% from that in late November. Meanwhile, the figure nationwide is estimated to be 1.9450 ...

Tags: Crude Steel, Construction Decoration, Steel Output

The CBC Will Stick to The 'Properly Loose' Monetary Policy in Q1 Next Year

Perng Fai-nan, governor of the Central Bank of China (CBC), pointed out yesterday (Dec. 19) that the CBC will stick to the “properly loose” monetary policy in the first quarter next year. He expected Taiwan’s real interest ...

Tags: Central Bank of China, Taiwan', Real Interest Rates, Perng Fai-nan

The CBC Has Embarked on The Establishment of 'Foreign-Currency Settlement Platform'

Perng Fai-nan, governor of the Central Bank of China (CBC), announced yesterday (Dec. 19) that the CBC has embarked on the establishment of “foreign-currency settlement platform,” which will start operation in the middle of next ...

Tags: Central Bank of China, CBC, foreign-currency settlement platform

The Department of Commerce Announced Its Affirmative Final Determinations

On December 18th,2012,the Department of Commerce announced its affirmative final determinations in the antidumping duty and countervailing duty investigations of imports of utility scale wind towers from China and Vietnam. The AD and CVD ...

Tags: antidumping duty, countervailing duty, Wind Towers