Crown Paints has announced its entry into Rwanda with the establishment of an ultra-modern paint showroom in Kigali and a five year plan to invest about $2.5 million in the country. Rwanda now becomes the third country to host Crown ...
Tags: Paint Factory, Crown Paints
China's machinery industry continued to expand in 2014 but at a softer pace due to sluggish domestic demands and piling inventories, new data showed on Wednesday. The added value of the sector increased 10 percent year on year in the last ...
Monetary policy decisions in the US and Europe have amplified uncertainties for China and the rest of the world. China's consumer price index rose by a scant 0.8 percent in January, down from a 1.5 percent increase in December and marking ...
Virtually all the indicators, from manufacturing activity to trade data, point to weakening. Expectations of an immanent reduction in the real interest rate have never been higher, despite the central bank's insistence on reining in ...
Tags: economic growth, trade data
China plans to draw up a guideline to help its equipment makers, particularly railway and nuclear companies, to expand exports, the country's top economic planning body said on Friday. Formulation of the guideline has just begun, and it ...
Leading apparel manufacturers from Lesotho, South Africa, and Botswana, with support from the US government, are participating in the ‘Sourcing South Africa’ pavilion at MAGIC apparel expo to be held from February 16 to 19, ...
China's consumer price index, a main gauge of inflation, grew 0.8 percent year on year in January, the slowest rise in more than five years, the National Bureau of Statistics announced Tuesday. Food prices, which account for nearly ...
Tags: consumer price index, CPI
Although six years have passed since the global financial crisis broke out, many countries have not yet overcome its impact with the global economy is still facing uncertainties. And given the economic slowdown, albeit slight, in China, it ...
China is unlikely to "purposely weaken" its currency, the yuan, or renminbi (RMB), as it would go against the authorities' commitment to economic rebalancing and structural reforms, HSBC said on Monday. Even dismissing the economic ...
Tags: weaken currency, RMB
Ford CEO Mark Fields announced the company’s plans to release six new car models in the Russian market this year. The decision comes during a time when automakers including General Motors and Renault are cutting operations in the ...
Tags: Ford, car models, Russian market
Prices of raw materials such as iron ore, coal, crude oil and refined oil have been hitting record low prices on the global market, but import volumes into China. Although the trade balance has continued to be in excess of exports over ...
Tags: Commodity Imports, raw materials
Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as U.S. equities weakened and the dollar fell. The most active gold contract for April delivery rose 6.9 U.S. dollars, or 0.56 percent, to settle at ...
Tags: Gold futures, Physical demand
Experts said that China's commercial vehicle industry will enter an adjustment period of three to four years, as the economic slowdown dampens demand and a sustainable development model requires greater transport efficiency and reduced ...
Tags: Heavy-Duty Truck, Truck
The U.S. trade deficit in December jumped to the highest level in more than two years as exports fell and Americans bought a record amount of imports — a potentially worrisome development that could weigh on overall economic growth. ...
Tags: Trade Deficit
Although domestic orders appeared to rise, overall orders with the Italian textile machinery sector dropped in the fourth quarter of 2014, primarily from a dip in overseas orders. In the fourth quarter, overall textile machinery orders ...
Tags: Textile Machinery, textile