Editor: On October 5, the article “It’s about Time to Construct Global ‘Electricity High-speed Network’” written by a Xinhua correspondent was published on the third page of Guangming Daily. The article ...
According to Transport Intelligence’s (Ti) new report Global Warehousing and Logistics Networks 2016, economics’ medium- to long-term impact on supply chains can be best understood by focusing on relatively few measures. ...
Tags: Ti report, warehousing and logistics network, supply chains
America’s back, free trade agreements are helping (particularly with China), and Europe remains on Australian business horizons despite Brexit. This is according to the 2016 DHL Export Barometer. However, exporters are muddling ...
The International Monetary Fund (IMF) on Tuesday revised down its forecast for global growth in 2016 and 2017, due to the uncertainty surrounding Britain's exit from the European Union (Brexit). The IMF expects the global economy to grow ...
Tags: IMF, global growth
The Chinese currency renminbi, or the yuan, continued to weaken on Tuesday but analysts said more sharp depreciation is unlikely. The central parity rate of the yuan weakened 10 basis points to 6.6971 against the U.S. dollar, the weakest ...
Chinese consumer sentiment eased slightly in April, while a range of spending gauges improved thanks to a better outlook for retail sales and consumption expenditure in general, a latest study shows. The Westpac MNI China Consumer ...
Tags: housing market, consumer sentiment
The Architecture Billings Index reflects consecutive months of increasing demand for design activity at architecture firms. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead ...
Tags: Architecture Billings Index, ABI, Construction activity, AIA
The Architecture Billings Index saw a dip into negative terrain for the first time in five months in January, but inched back up in February with a small increase in demand for design services. As a leading economic indicator of ...
New Balance plans to expand to India with up to 50 stores set to open in the next three years. "We are looking to open 50 stores potentially in the next three years throughout the major metros, starting with the nothern cities," said ...
Tags: New Balance, Expansion
China saw plunging new loans in February, largely due to the Lunar New Year holiday and a record credit surge in January. New yuan-denominated lending in February dropped to 726.6 billion yuan ($111.96 billion), 297 billion yuan less than ...
Tags: China's New Yuan, new loans
China's consumer prices increased 2.3 percent in February from one year earlier, up from January's 1.8 percent, official data showed Thursday. The inflation rate, the highest since July 2014, beat expectations as economists from the ...
Tags: Consumer Prices, inflation rate
House prices in the UK will see an average increase of 6% over the course of next year, according to the RICS housing forecast for 2016. With house prices predicted to rise across the whole of the UK in 2016, East Anglia is continuing the ...
Tags: UK House Prices
Shanghai's GDP grew at the same pace as the country with economic growth of 6.9 percent recorded in 2015, the local statistics bureau announced Wednesday. According to preliminary calculations, Shanghai's GDP stood at about 2.5 trillion ...
Tags: Shanghai's GDP, GDP
Two days after unveiling the first new vehicle from Detroit's Big 3 imported from China, General Motors Co said it also will import the plug-in hybrid version of the Cadillac CT6 luxury sedan to the US from the Chinese mainland. The ...
China will continue to be a driver of global economy as it has sufficient investment opportunities and internal resources, a leading Chinese economist said Tuesday. "China will continue to grow economically and continue to be the main ...