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

State Price Change Boosts Oil Giants Performance

Oct 30, 2013

Chinese oil giants China Petroleum & Chemical (Sinopec; 600028.SHA) and PetroChina (601857.SHA) reported strong results in the third-quarter on China's new oil-pricing system, The Wall Street Journal reported. Sinopec on Tuesday posted a ...

Tags: State Price, Petrochina, Sinopec

A Short-Term Spike in Interest Rates Would Not Translate Into a Tightening of Liquidity

Oct 30, 2013

People's Bank of China in a closed-door meeting last week sought to reassure money-market traders that a short-term spike in interest rates would not necessarily translate into a tightening of liquidity, Reuters reported. The PBOC also ...

Tags: China's Central Bank, Inter-Market Rate

Doing Business in China is Getting Easier

Oct 30, 2013

China has made steady progress in improving business regulations for local entrepreneurs in East Asia and the Pacific since 2005, a report released by World Bank Group said on Tuesday. Doing Business 2014, the 11th in a series of annual ...

Tags: credit information system, doing business

The Volume of The Mobile Shopping Market in China Reached 34.1 Billion Yuan

Oct 30, 2013

The volume of the mobile shopping market in China reached 34.1 billion yuan (5.59 billion U.S. dollars) in the third quarter of 2013, a major tech industry analyst said on Tuesday. The figure indicated a 17.1-percent quarter-on-quarter ...

Tags: Mobile Shopping Market

Chinese Industrial Enterprises' Gross Profits Rose by 13.5% Year on Year

Oct 30, 2013

According to statistics released by China's National Bureau of Statistics (NBS), the aggregate gross profits generated by large and medium-sized industry enterprises in China totaled RMB4.0452 trillion tons in the first nine months of this ...

Tags: Construction

In September 2013 The CEP-Indicator of Economic Sentiment for China Reaches 18.8 Points

Oct 29, 2013

In September 2013 the CEP-Indicator of Economic Sentiment for China reaches 18.8 points displaying an ongoing positive sentiment. The CEP-Indicator of Economic Sentiment captures the expectations of financial market experts regarding the ...

Tags: China Economic Panel

The Gross Profits of Large and Industrial Enterprises Amounted to RMB 4.0452 Trillion

Oct 29, 2013

In the January-September period this year, the aggregate gross profits of large and medium-sized industrial enterprises in China amounted to RMB 4.0452 trillion ($660.9 billion), increasing by 13.5 percent year on year, according to data ...

Tags: Gross Profits

BASF SE Reported a Sharp Increase in Profits in The Third Quarter

Oct 29, 2013

BASF SE, the world's largest chemical company by sales, reported a sharp increase in profits in the third quarter on Friday, but warned that exchange-rate fluctuations will dent earnings growth in the fourth quarter. The Ludwigshafen, ...

Tags: Exchange Rates, BASF

Rising Domestic Demand Provides Firm Basis for Expansion in The Industrial Sector

Oct 28, 2013

Rising domestic demand provides firm basis for expansion in the industrial sector British bank HSBC Holdings Plc said that China's manufacturing Purchasing Managers' Index will rise to a seven-month high of 50.9 in October, up from 50.2 ...

Tags: domestic demand, Chemicals

CPG Marketers Introduced Nearly 1,900 New Products in 2012.

Oct 25, 2013

According to a report by the Food Institute, consumer packaged goods (CPG) marketers introduced nearly 1,900 new products in 2012. With new products hitting store shelves in numbers not seen since pre-recession years—or ever before in ...

Tags: Packaging, Printing

HSBC Flash Manufacturing PMI Increased to 50.9, Reaching The Highest Level

Oct 25, 2013

In October this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 50.9, reaching the highest level of the past seven months, following September's final reading of 50.2, as announced by the HSBC on ...

Tags: Metallurgy, Mineral, Energy, service

Bangladesh Garment Industry Is Now at Crossroads

Oct 25, 2013

The sunny picture of the Bangladesh readymade garments sector has changed and the industry is now at crossroads—the time to act is now and cost of inaction could be high, the World Bank has said in its ‘Bangladesh Development ...

Tags: Garment Industry, World Bank

RMB Hits 5 High Records in September

Oct 24, 2013

The China foreign exchange trade center said that, the middle price between the RMB and the dollar to get the high record again, at 6.1330. This is the fifth time that the RMB hit a record high in September. Expert said, since September, ...

Tags: RMB, economy

China Economy Growth Is Encouraging and Australia's Inflation Has Been Eased

Oct 24, 2013

China economy growth is encouraging and Australia's inflation has been eased, said Loewe, vice president of Reserve Bank of Australia. "The pessimism about China economy has proved faulse again. Recent economy growth is quite encouraging. ...

Tags: China Economy, Inflation rate

The Exports of Textiles and Apparel From Indonesia Is Targeted to Reach US$ 13 Billion

Oct 24, 2013

The exports of textiles and apparel from Indonesia is targeted to reach US$ 13 billion this year, Indonesian Textile Association (API) chairman Ade Sudrajat said while speaking to reporters recently at the Jakarta International (JI) Expo. ...

Tags: Textile Exports