Asia
Asia
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Celebrated Chinese Economist Has Underscored The Need for China to Adopt a Unique Pattern
Oct 22, 2013A celebrated Chinese economist has underscored the need for China to adopt a unique pattern in its urbanization effort, much owning to the country's current urban-rural dualism that was implemented in the late 1950's. Li Yining, Honorary ...
Tags: Urban-Rural Dualism
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The US Congress' Dance with Default Impressed Policymakers
Oct 22, 2013Deal or no deal, the US Congress' dance with default impressed policymakers and investors in China and Japan with just how vulnerable their own economic revival plans are to the next political tantrum on Capitol Hill. The 11th-hour ...
Tags: Dollar Drama, Economy
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The Intention of The RMB's Appreciation Is Obvious
Oct 22, 2013Last week, the median price of their currency against the US dollar hit a record high, close to 6.1, the second high after the National Day. Market participants believe that the high innovation more intention shows the central bank ...
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Korbel Brandy Is Excited to Introduce Korbel 12
Oct 21, 2013Korbel Brandy is excited to introduce Korbel 12, a limited-edition California brandy of extraordinary character. The first new Korbel Brandy in more than a decade, Korbel 12 draws on a 124-year heritage of brandy excellence to achieve the ...
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The Overall National Economy Realized Steady Growth and Enjoyed Good Momentum
Oct 21, 2013In the first three quarters of 2013, the CPC Central Committee and the State Council committed to the general tone of making progress while ensuring the stability, stabilized the macro-economic policies, made innovation on the ...
Tags: economy
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China's GDP Amounted to RMB 38.6762 Trillion Growing by 7.7 Percent Year on Year
Oct 21, 2013According to data released by China's National Bureau of Statistics on October 18, in the first three quarters of this year, China's gross domestic product (GDP) amounted to RMB 38.6762 trillion ($6.32 trillion), growing by 7.7 percent year ...
Tags: Economy, Metallurgy, Mineral, Energy
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Wonga Is Branching out Into Payments with The Acquisition of Germany's Billpay
Oct 21, 2013Wonga, the much-criticised payday loan provider, is branching out into payments with the acquisition of Germany's BillPay for an undisclosed sum. The move will pit Wonga directly against PayPal, the eBay-owned giant of online payments. It ...
Tags: Service
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Jinling Bank Gained Pre-Approval From The State Administration
Oct 21, 2013The name of "Jinling Bank Co., Ltd.", co-sponsored by Sanpower Group and Yurun gained pre-approval from the State Administration for Industry and Commerce, marking private capital takes a step forward to enter the banking. This July 5, ...
Tags: Bank, Jinling Bank
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Top-Class Billionaires Club Won an Investment From ARA
Oct 18, 2013Top-class billionaires club, developed by global famous real estate developer Accurate, won an investment from ARA, a subsidiary of China's richest man Li Ka-shing's Cheung Kong Group. An insider of Accurate disclosed Li Ka-shing did not ...
Tags: economy, Li Ka-Shing
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The Central Parity Rate of Renminbi Against The US Dollar Hit 6.1412 on October 15.
Oct 18, 2013The central parity rate of renminbi against the US dollar hit 6.1412 on October 15. The exchange rate of renminbi against the US dollar closed at 6.1027 in the spot exchange rate inquiry system on October 15 and 6.1082 on October 14, a ...
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Paxton Products Announces a Major Step Forward in Industrial Static Elimination
Oct 18, 2013Paxton Products, an ITW company, announces a major step forward in industrial static elimination and air rinsing solutions with the release of the Paxton Ionized Air System. The Ionized Air System offers manufacturers a more effective and ...
Tags: Ionized Air System, Packaging, Printing, water rinsing systems
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Japan's Industrial Output in August Fell a Seasonally Adjusted 0.9 % Compared with July
Oct 18, 2013Japan's industrial output in August fell a seasonally adjusted 0.9 percent compared with July, downgraded 0.2 percentage point from the initial 0.7 percent fall, local media reported Tuesday. The Ministry of Economy, Trade and Industry ...
Tags: Industrial Output, economy
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The Chinese Government Has Pledged to Close More Unqualified and Dangerous Coal Mines
Oct 16, 2013The Chinese government has pledged to close more unqualified and dangerous coal mines by 2015 as the country strives to improve its alarming safety record. At least 2,000 small coal mines will be closed by the end of 2015, the State ...
Tags: Coal Mines, Safety Overhaul
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China's PPI Decreased by 1.3 Percent Year on Year and Was up 0.2 Percent Month on Month
Oct 16, 2013In September of the current year, China's producer price index (PPI) decreased by 1.3 percent year on year and was up 0.2 percent month on month, according to data released by China's National Bureau of Statistics (NBS) on October 14. ...
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China's Electricity Consumption Rose 10.4 Percent Year on Year in September
Oct 16, 2013Official data showed on Monday that China's electricity consumption, a common indicator of economic activity, rose 10.4 percent year on year in September. The growth, though lower than August's 13.7-percent rise, accelerated from the ...
Tags: Power Consumption, Energy
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