Asia Economy news, Markets and Business Trends - Made-in-China.com

China to Boost Airport Economic Zones

Jul 3, 2015

China will build "model airport economic zones" in pilot cities, the country's aviation watchdog said Friday. The move is aimed at supporting the development of airports, a new engine for regional growth and industrial upgrading, ...

Tags: airport economic zones, airports development

Online Shopping Trends in India Are Expected to Continue to Ride The Waves of Popularity

Jul 2, 2015

Online shopping trends in India are expected to continue to ride the waves of popularity, made easier and more convenient by the deep penetration of mobile devices such as smartphones and tablets. Online shopping has increased rapidly in ...

Tags: Online Shopping, CBRE's survey

China's Central Bank Cut Both The Requirement Reserve Ratio

Jun 28, 2015

China's central bank cut both the requirement reserve ratio (RRR), the amount of reserves banks required to hold, and benchmark interest rates on Saturday. The credit-easing move, to be effective on Sunday, aims to "support the real ...

Tags: Reserve Ratio, Interest Rates

Profit Growth at Major Chinese Industrial Firms Slowed to 0.6% in May

Jun 28, 2015

Profit growth at major Chinese industrial firms slowed to 0.6 percent year on year in May, down 2 percentage points from the pace posted in April, the National Bureau of Statistics (NBS) said on Sunday. Profits at industrial companies ...

Tags: China's Industrial Profi, industrial companies

Chinese Government Is Struggling to Meet Its Fiscal Targets This Year

Jun 28, 2015

The Chinese government is struggling to meet its fiscal targets this year, finance minister Lou Jiwei warned on Sunday, citing slowing fiscal revenue growth. The central treasury received 2.95 trillion yuan (about 475 billion U.S. ...

Tags: fiscal targets, fiscal revenue target

Chinese Government Is Considering Reform of The Individual Income Tax System This Year

Jun 28, 2015

The Chinese government is considering reform of the individual income tax system this year, finance minister Lou Jiwei said Sunday. China grossed 443 billion yuan (71 billion U.S. dollars) in 2014 from individual income tax, 3.2 percent ...

Tags: individual income tax system, individual tax

USDA Has Projected The Global 2015/16 Cotton Production to Decline 6%

Jun 19, 2015

In its latest report, USDA has projected the global 2015/16 cotton production to decline 6 per cent from the previous season to 111.3 million bales. “Lower crops are forecast for most major cotton-producing countries in 2015/16, ...

Tags: Cotton Output, cotton production

A Free Trade Agreement Was Signed Between China and Australia

Jun 17, 2015

China and Australia signed a long-awaited Free Trade Agreement (FTA) on June 17 in Canberra, Australia. The agreement ensures 85 percent of all Australian exports enter China tariff-free and 95 percent when the deal is in full force. ...

Tags: Free Trade Agreement, FTA

Air Freight Volumes Were up 3.3% in April

Jun 17, 2015

The IATA reports that air freight volumes were up 3.3% in April compared to a year ago, which was below the 4.3% expansion seen so far this year. The April result provides a clearer reading of air freight market performance, after holiday ...

Tags: Air Freight Rebound, global economy

Shanghai Composite Index Down More Than 3% at The End of Trading

Jun 16, 2015

Chinese shares dived on Tuesday, with the benchmark Shanghai Composite Index down more than 3 percent at the end of trading, driven by an exodus of capital from the stock market. The benchmark Shanghai Composite Index dived 3.47 percent, ...

Tags: ChiNext Index, Chinese shares

China's Real Estate Market Has Shown Glimmering Signs of Bottoming out in Big Cities

Jun 16, 2015

China's real estate market, widely scrutinized for its significance to the world's second largest economy, has shown glimmering signs of bottoming out in big cities. The property market remains largely anemic, but a string of indicators ...

Tags: Property Market, real estate market

India Is Leading The Growth Chart of Major Economies for The First Time

Jun 15, 2015

For the first time, India is leading the growth chart of major economies, even ahead of China, according to the World Bank Group’s latest Global Economic Prospects (GEP) report. In India, new reforms are improving business and ...

Tags: World Bank's Growth, Economies

China Will Develop Strategic Emerging Industries

Jun 12, 2015

China will come out with a five-year plan (2016-20) for the development of its strategic emerging industries and to further boost its innovation efforts, the nation's top economic planner said on Friday. The National Development and ...

Tags: Emerging Industries, Economy

Chinese Shares Rose to The Highest Level in Seven Years

Jun 11, 2015

Chinese shares rose to the highest level in seven years in volatile trade as bets that MSCI Inc will include mainland shares in its indexes overshadowed weaker shipments data. The ChiNext index of smaller and startup companies tumbled 4.67 ...

Tags: Stocks, Economy

Retail Prices of Gasoline Would Be Cut

Jun 10, 2015

The National Development and Reform Commission, the nation's top economic planner, said on Monday that retail prices of gasoline would be cut by 110 yuan ($17.78) a metric ton, or 0.08 yuan a liter from Tuesday, while diesel prices would ...

Tags: Oil, Oil Price, Gasoline