China’s exports to 70 countries under its “One Belt, One Road” strategy was up 1.5% to US$ 372 billion from January to June 2015, according to China’s custom data. The country’s imports declined 18.8% to US$ ...
China's economic data for September may show a stabilizing economy but they can't prevent the third-quarter growth sliding to as low as 6.6 percent, said analysts ahead of the data's release starting next week. "We expect the upcoming ...
Tags: China's Economy, economic data
China's slowing power consumption and falling railway freight are signs of progress in economic restructuring, rather than evidence of failing industry, the statistics chief said on Thursday. Power use and rail freight are two major ...
Tags: power consumption, railway freight
Winterstick Snowboards welcomed pro snowboarder and entrepreneur Seth Wescott to its ownership group and unveiled plans to develop a custom snowboard workshop at Sugarloaf Mountain in Carrabassett Valley, ME. The “Original ...
Tags: Winterstick Snowboards, Seth Wescott, snowboard workshop, Swallowtail
The 9th Annual Meeting of the New Champions, a World Economic Forum conference hosted each year in China. It has come to be known as the “Summer Davos,” opened on Wednesday in the city of Dalian. It has become customary for the ...
The recent drop in the exchange rate between the Chinese yuan (RMB) and U.S. dollar, the so-called "black Monday" on China's stock market and successive steep fall of the primary commodity market allowed much of the world to accuse China of ...
Tags: stock market, RMB depreciation
Premier Li Keqiang has encouraged State-owned enterprises to play a key role in the drive by the nation's industries to "go global", and make the most of their financial and technological advantages as they step up their international ...
Tags: nation's industries, economy
It’s a long way from New York’s Madison Avenue advertising agencies to Gaborone, but for Botswana a lot is riding on the success of the ad campaign De Beers will launch in the coming weeks. Like oil-exporting countries now ...
The US Air Force has awarded Cree Inc of Durham, NC, USA, which makes silicon carbide (SiC) and gallium nitride (GaN) wafers and devices as well as LEDs, a $4.1m follow-on contract, enabling qualification of a high-performance power ...
Tags: GaN wafers, SiC
Global shipments of LCD TV panels in the third quarter are expected to remain on par to the previous quarter's, thanks to TV vendors' increased parts procurements; but are forecast to drop by 10 percent quarter-on-quarter (QoQ) in the ...
Tags: LCD TV panels, LCD TV
Global economic growth will be muted over the next two years, Moody's Investors Service has said in a quarterly report. According to the report titled “Global Macro Outlook 2015-16: Risks to muted global growth from Chinese asset ...
Depreciation of China's currency offers opportunities for economies in Europe Last week's depreciation of the yuan stoked fears that European exports to China could be hit. As the euro and the pound strengthened, concerns started to grow ...
Tags: global currency, Yuan Move
Automotive giant Ford has flagged off F-650/F-750 medium-duty trucks at Ohio assembly plant in the US, which was previously manufactured in Mexico. Ford The Americas president Joe Hinrichs said: "Our investment in Ohio Assembly Plant ...
Tags: Medium-Duty Trucks, pickup truck
Housewives compare prices every day, including Zhang Ming, a 60-year-old retired woman who frequents a supermarket in Beijing's Fengtai district. On Sunday morning, she spent 45 yuan ($7.30) on 1 kg of pork fillet. "It's amazing ...
Tags: Pork, vegetables
South Korean automotive giant Hyundai Motor has slashed two SUV variants’ prices in China by 11.8%, while Japanese automobile major Toyota has voiced against being optimistic about profitability, against the backdrop of sales slump in ...
Tags: Hyundai Motor, SUV