China's confidence in achieving its economic growth rate of around 7 percent this year is not weakened despite rising downward pressure, a senior official said Thursday. The economic development has entered "new normal" and economic ...
About 85 percent of U.S. businesses in China are still "optimistic" or "slightly optimistic" in their five-year outlook despite an economic slowdown and rising costs, showed a report on Wednesday. There is continued confidence in business ...
Tags: economic slowdown, economic growth
Activity in China's services sector grew modestly in February as new orders rose at their quickest pace in three months, a private survey showed just a few days after the central bank cut interest rates to stimulate the world's ...
Tags: HSBC Services, PMI
China's economy is likely to grow at a medium-to-high rate under the "new normal", Economic Daily reported Justin Yifu Lin, a member of China's 12th CPPCC as saying on Monday. Under the "new normal", China has both the conditions and the ...
Tags: medium-to-high rate, new normal
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
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
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 ...
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
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
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
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, ...
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 ...
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
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