Asia
Asia
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ADB Adjustment China's Economic Growth Forecast of 2013-2014
Dec 12, 2013Yesterday, ADB issued, China's economic growth forecast to 7.7% from 7.6% this year, next year's economic growth forecast to 7.5% from 7.4%. The report points out China's growth will benefit from the infrastructure investment growth in this ...
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Taiwan's Offshore Yuan Market
Dec 12, 2013Bank of China and three other mainland banks on Tuesday issued yuan bonds worth RMB6.7b in Taiwan, a move that could give a boost to Taiwan's offshore yuan market. So far the yuan deposits in Taiwan have reached more than RMB120b. ...
Tags: taiwan, economy, Offshore Yuan Market
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Octal's High-Grade Trays Replace Traditional Polypropylene/Polyethylene Containers
Dec 11, 2013Octal's high-grade trays replace traditional polypropylene/polyethylene containers, providing a recyclable alternative. William J. Barenberg Jr., chief operating officer at Octal, said: "Until recently, meat and poultry processors widely ...
Tags: Octal, Poultry Packaging Trays, Recyclable Alternative
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November Exports Increased 12.7 Percent Year-on-Year to $202.21 Billion
Dec 11, 2013China's acceleration of exports and slowdown of imports in November left the country with its largest trade surplus in more than four years. The improvement of overseas demand increased China's chances of securing an 8 percent trade ...
Tags: trade surplus, China, export, import
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The Best Scenario for The Chinese Economy in 2014 Would Be to Achieve 7.8% GDP Growth
Dec 11, 2013The best scenario for the Chinese economy in 2014 would be to achieve 7.8 percent GDP growth, a major think tank said on Monday. That could be obtained if all the recently proposed reform initiatives are carried out and the global market ...
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The Growth Rate of China's Steel Demand Will Decline From 6.3% This Year to 3.2% in 2014
Dec 11, 2013The growth rate of China's steel demand will decline from 6.3 percent this year to 3.2 percent in 2014 in the wake of the country's economic transformation and the government's efforts to improve the environment. The nation's steel ...
Tags: steel, steel demand, China
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Overall Oil Demand Growth in China Is Expected to Average 267,000 B/D This Year
Dec 11, 2013Oil demand growth in the US this year is likely to exceed that of China's for the first time since the 1990s, skewing overall global demand in favor of developed markets, investment bank Goldman Sachs said in a new report released Friday. ...
Tags: US, China, oil demand
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China's Producer Price Index Contracted 1.4 Percent Year on Year in November
Dec 11, 2013China's producer price index (PPI) contracted 1.4 percent year on year in November, following a 1.5-percent drop in October, data from the National Bureau of Statistics (NBS) showed on Monday. The index, which measures inflation at the ...
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China's Overall Value-Added Industrial Output Increased by 0.76 Percent
Dec 11, 2013In November this year, China's overall value-added industrial output increased by 0.76 percent month on month and by 10.0 percent year on year, with the year-on-year growth rate in question down 0.3 percentage points compared to that ...
Tags: output, industrial sectors
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Hungary Visits Pakistan to Expand Trade Relations in Various Sectors
Dec 11, 2013With the intention of expanding trade relations in various sectors, including textiles, a large group of sector-specific business delegation from the Central European country of Hungary will be visiting Pakistan in March 2014, in order to ...
Tags: Textile Trade, Textile
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AEPC Applauded The Union Minister of Commerce&Industry for Historic WTO Bali Trade Package
Dec 11, 2013Dr A Sakthivel, Chairman AEPC has applauded Shri Anand Sharma, the Union Minister of Commerce & Industry for historic WTO Bali trade package. In a statement Chairman AEPC said, “Our countrymen, garment exporting community and the ...
Tags: India's Trade, trade package
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Second Batch of Free Trade Zones in The Next Year
Dec 11, 2013A number of cities across China are applying to be the next free trade zone after Shanghai free trade zone was launched in September, Beijing Business Today reported. Tianjin, Shenzhen and Zhejiang have joined the queuw to submit proposals ...
Tags: Free Trade Zone, economy, China
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In November 2013, PPI for Manufactured Goods Decreased 1.4 Percent Year-on-Year
Dec 10, 2013Producer Prices for the Industrial Sector for November National Bureau of Statistics of China In November 2013, Producer Price Index (PPI) for manufactured goods decreased 1.4 percent year-on-year, and remained at the same level (the ...
Tags: Industrial Economy, service
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Trade Surplus of $33.8 Billion in November
Dec 10, 2013The foreign trade figures from The General Administration of Customs showed that China's exports surged 12.7% year-on-year in November, imports rose 5.3%, the trade surplus was $33.801 billion, it was the highest in nearly five years. ...
Tags: Trade Surplus, Trading, Service
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In November, The Consumer Price Index (CPI) Went up by 3.0 Percent Year-on-Year
Dec 10, 2013In November, the consumer price index (CPI) went up by 3.0 percent year-on-year. The prices grew by 3.0 percent in cities and 3.1 percent in rural areas. The food prices went up by 5.9 percent, while the non-food prices increased by 1.6 ...
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