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Economist
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StarTube:EP06 Current news and policies on trading
Aug 3, 20211.New forms, models of foreign trade to gain momentum China will boost new forms and models of foreign trade to advance high-quality development of the trade sector, according to a circular issued by the General Office of the State ...
Tags: Green Industry, Digital Technology
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US Spirits Sales Soar in 2017
Feb 8, 2018The Distilled Spirits Council reported that spirits experienced record sales in the US in 2017, hitting $26.2bn. The Distilled Spirits Council reported at its annual economic briefing record spirits sales and volumes in addition to ...
Tags: Distilled Spirits, beverage
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Consumer Spending for May Drops First Time in Five Years
Jun 13, 2017Further uncertainty surrounding the general election results is expected to fuel further decrease in spending and sales. Consumer spending in May has dropped for the first time in four years, with the uncertainty from last week’s ...
Tags: Consumer Spending
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Lumileds Solid State Lighting Fellow George Craford Awarded IEEE Edison Medal
May 18, 2017LED maker Lumileds of San Jose, CA, USA says that, at the IEEE Honors Ceremony in San Francisco on 25 May during the IEEE Vision, Innovations, and Challenges (IEEE VIC) Summit, George Craford (the Lumileds Solid State Lighting Fellow) will ...
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China Promises Further Cuts to Steel Capacity
Mar 6, 2017Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...
Tags: Steel Capacity, Coal
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Eurozone Inflation Hits Four-Year High in February
Mar 2, 2017Inflation across the 19-country euro area hit a four-year high of 2.0 percent in February thanks to soaring prices of energy, said Eurostat, the statistical agency of the European Union (EU) on Thursday. The latest inflation figure is ...
Tags: Eurozone Inflation, inflation
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China's Latest Five-Year Plan Could Be Its Last
Feb 24, 2017The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...
Tags: five-year plan, political economy
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World Bank Expects Chinese Economy to Grow
Jan 11, 2017The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
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Threshold of 7 Yuan to Dollar Not Crucial
Jan 1, 2017The yuan's so-called psychological threshold of 7 to the US dollar is not so important for the Chinese economy, analysts said on Thursday, after the central bank rejected an "irresponsible" media report that the yuan had fallen below that ...
Tags: US dollar, Chinese economy
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WTO China's Best Way to Expand Trade
Dec 12, 2016China will continue to push for globalization, and multilateral talks and promotion of trade, as it marked the 15th anniversary of joining the World Trade Organization on Sunday, according to Chinese trade officials and experts. China ...
Tags: WTO, trade promotion
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China Is Facing Growth Deceleration
Dec 12, 2016A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...
Tags: Chinese economy, global economy
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China's Oct. Exports Down 3.2%, Imports up 3.2%
Nov 9, 2016China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth. Exports measured in yuan fell 3.2 percent year on year in October, a slower ...
Tags: trade surplus, exports growth
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Yuan Tumble Unlikely Despite Weakening
Oct 24, 2016Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi
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Consumption Growth Called Key
Oct 24, 2016Consumption is the major economic driver, showing the nation's success in rebalancing the economy, but more efforts are needed to sustain growth, with heightened pressure in sectors with overcapacity, economists said. "China is on the ...
Tags: Consumption, economic driver
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China's Property Sector Grows 8.8% in Q3
Oct 21, 2016The property sector saw a year-on-year growth of 8.8 percent in the third quarter of this year, according to official data released on Thursday. The National Bureau of Statistics (NBS) released the GDP figures of different industries on ...
Tags: Property Sector
