China's "new normal" economy, although growing at a slower pace, actually added value last year as more jobs were created, inflation was under control, and trade rose, said a senior official at the National Bureau of Statistics yesterday. ...
Chinese consumers spent lavishly on travel, movies and gifts during the lunar New Year holiday. While hoards of travelers were on their way home on Feb. 18, New Year's Eve in China, Wu was enjoying the sunshine in Bali with her family, ...
Tags: Holiday Consumption, travel, movies, gifts
Asian carp food producer Blue Shore Fishery is planning to open a new production facility in Tri City, in the US state of Kentucky. Spread over an area of around 11,000ft2, the new $1.3m facility will employ close to 66 people. Expected ...
Tags: carp food, Blue Shore
After holding review meetings with various stakeholders, India’s ministry of textiles has initiated several steps to strengthen the jute sector. The key decisions taken by Minister of State for Textiles (I/C) Santosh Kumar ...
Tags: Jute Sector, textiles
Driven mainly by a stronger demand in the Americas, sales in the fourth quarter of 2014 recovered and rose by 6.3 per cent from the year ago quarter, at sports goods and apparel marketer Puma. “In comparison with fourth quarter of ...
Tags: Puma, sports goods
Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile
In its 2015 economic forecast, the National Retail Federation (NRF) projected retail industry sales, excluding automobiles, gas stations, and restaurants will increase 4.1 per cent*, up from the 3.5 per in 2014. The 4.1 per cent growth ...
Tags: automobiles, gas stations, Textile
The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
The United Arab Emirates (UAE) would like to serve as the gateway to better ties between China and the countries in the Gulf region and the Arab world, a senior UAE official said on Saturday. UAE Vice President Sheikh Mohammed Bin Rashid ...
Tags: Belt and Road initiatives, economy
China's cross-border capital flows will remain volatile this year amid uncertainties both at home and abroad, the country's forex regulator said on Sunday. As China gradually moves to make its foreign exchange mechanism more ...
Gold jewelry demand cooled in China in 2014, in sharp contrast to the frenzied off take in 2013, and plunged 33 percent year-on-year to 624 metric tons, according to data published by the World Gold Council on Thursday India displaced ...
Tags: Gold jewelry, Gold
China will focus on improving economic quality in 2015 and adapt itself to slower growth against global economic headwinds, top policy makers agreed on Thursday. Economic growth should remain within the desired range and restructuring of ...
Tags: Economic Quality, economic policy
It is not likely that Chinese industrial economy will experience hard landing regardless of the sluggish investment, Gan Jie, a financial professor, said Friday. Speaking at a luncheon co-organized by China's Hong Kong General Chamber of ...
Tags: industrial economy
Chinese enterprises will soon be able to avoid rushing between offices to get investments approved as authorities will launch online processing of their applications. The online platform will go into operation this year, said a ...
The United States Trade Representative (USTR) has decided to pursue dispute settlement consultations with the Government of China at the World Trade Organisation (WTO) concerning China’s “Demonstration Bases-Common Service ...