Chinese luxury spending is expected to reach 120.4 billion U.S. dollars in 2016, up 3 percent year on year, according to a report on Friday. The growth rate is down from last year's 10 percent as a sluggish economy dampens consumption of ...
Tags: Luxury Spending
European aircraft manufacturer Airbus Group SE said it expects to deliver its first A350 to Chinese airlines in the second half of next year and is bullish about the country's demand for widebody aircraft, fueled by fast-growing long-haul ...
Tags: Aircraft, Transportation
China's top economic planner announced Tuesday it has approved feasibility reports for two railway projects with total investment of 79.47 billion yuan (11.84 billion U.S. dollars). The two projects would be located in the country's ...
Tags: Railway, Transportation
However, LEGO has strengthened its position in the equivalent US list, and is now the leading toy brand there with 11 products in the US top 100. Hasbro has overtaken LEGO to become the leading brand in the Amazon UK best-selling toys & ...
According to the statistics of State Statistics Bureau in Malaysia, its volume of goods trade was USD171.95 billion from January to June in 2016, down 10.0% year-on-year (the same below). Exports fell by 10.0% to USD91.10 billion, and ...
Tags: Malaysia, goods trade
In 2015, the global market size of service robots reported USD8.49 billion, surging by 42.2% on a year-on-year basis, and it is expected during 2016-2020 to show an annual average growth rate of 16.5%, which will be mainly driven by: (1) ...
Tags: service robots, report
Australian business attitudes are upbeat as we head into the year-end holiday trading period. According to Dun & Bradstreet’s September Business Expectations Survey, companies are anticipating increased sales, profits, employee ...
Tags: business, Dun&Bradstreet, merry Christmas
WorldACD reports that after a volume growth of 1.8% year-on-year (YoY) in July, we witnessed a slightly higher figure for August: +2.3%. Taken together with the volume growth in June (+3%), one could say that the (Northern Hemisphere) ...
Tags: WorldACD
British gin exports have increased in value by 166% since 2000, with exports to the US rising by 553% in the last decade, according to the Wine and Spirit Trade Association's (WTSA) latest annual spirits report. The report details the ...
Tags: gin exports, growth, WTSA
Yingkou Port, in the northeastern province of Liaoning, has seen a rise in freight volume despite the sluggish local economy, thanks to the Belt and Road Initiative. During the first nine months of this year, the port registered combined ...
Natural gas imports to China through northwest China's Xinjiang Uygur Autonomous Region have grown this year, local customs said. As of the end of August, more than 16.75 million tons of natural gas had been imported through Xinjiang this ...
Tags: Gas, Central Asia, Natural gas
"The inclusion of the renminbi in the SDR is the biggest structural event in currency markets since the creation of the euro66." This was the title of a recent article published on the Euromoney website. This neatly sums up the view of ...
UK retail footfall figures for August show that two months on from the Brexit referendum, the unexpected result has had little material impact on how people are going about their day-to-day lives, reports Ipsos Retail Performance. Often ...
China's industrial profits showed positive changes in August thanks to policy-level efforts to reduce waste and also to a low base of comparison. But economists hastened to add that uneven growth is seen across sectors, and the country ...
According to the statistics from South Korea’s Customs, its volume of goods trade was USD583.56 billion from January to August in 2016, down 10.1% year-on-year (the same below). Exports fell by 8.8% to USD322.30 billion, and imports ...
Tags: South Korea, goods trade