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slower growth
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China's Apparent Oil Demand up 5.3% in 2017
Apr 8, 2017China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...
Tags: oil demand, Oil products
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LED Industry Faces Structural Change as Chinese Packaging Suppliers Expand
Mar 6, 2017As LED market penetration rate continues to increase, global LED market growth has slowed down in recent years. In China, domestic LED chip manufacturers have exceeded a dominant 70% market share. In addition, global companies have ...
Tags: LED industry, LED chips
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Chinese Forklift Market Matures in 2016
Jan 6, 2017Global forklift market has continued to grow since 2013 with sales exceeding 1 million units for the first time in 2014 and reaching 1.064 million units in 2015 (up 3.5% year on year), largely driven by the growth in U.S. and European ...
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Infrared LED Revenue Growing Faster Than Overall IR Components
Aug 23, 2016Increased adoption of biometrics security in mobile phones, close-circuit television and other consumer applications spurred revenue growth in the global market for infrared LEDs from $201.5m in 2014 to $241.4m in 2015, according to Jamie ...
Tags: Infrared LEDs, LED market
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Vegas Shows Reveal Stable, Fast-Changing Market
Jun 20, 2016As a bellwether for the U.S. jewelry market and global diamond industry, this year's Las Vegas shows met the trade's conservative expectations. While foot traffic and diamond trading were slightly slower than previous years, jewelry sales ...
Tags: jewelry market, Las Vegas
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FCA to Cut 1,300 Jobs Amid Falling Demand for Chrysler 200
Apr 11, 2016Fiat Chrysler Automobiles (FCA) will cut nearly 1,300 jobs at its Sterling Heights Assembly plant starting from 5 July. The layoffs come in the wake of reduced production at the facility due to declining demand for Chrysler 200 midsize ...
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China Not The Cause of Global Economic Crisis
Jan 22, 2016The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks
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China to Remain Global Economy Driver
Jan 13, 2016China will continue to be a driver of global economy as it has sufficient investment opportunities and internal resources, a leading Chinese economist said Tuesday. "China will continue to grow economically and continue to be the main ...
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Air Freight Recovery Slow
Nov 12, 2015Air freight volumes were up slightly in September according to the IATA, with freight tonne kilometres (FTK) 1.0% higher compared to a year ago. This was a small improvement on August, when volumes were broadly stable year to year, however, ...
Tags: Air Freight, world trade
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What Does The China-Britain Rapport Mean?
Nov 4, 2015Chinese President Xi Jinping paid a four-day state visit to Britain from Oct 20 to 23, during which the two countries signed cooperation agreements worth a combined 40 billion pounds, including Chinese investment in a British nuclear power ...
Tags: China-Britain Rapport, closer ties
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Chevron Lowers 2017 Production Target Slightly, Cuts Capital Spending 25% for 2016
Nov 4, 2015Chevron on Friday revised slightly lower an earlier future production target due to prolonged but uncertain lower oil prices, while at the same slashing its capital spending for 2016 by 25% compared to this year. The company now sees ...
Tags: Chevron, oil prices, shale oil
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Movies' Midas Touch
Oct 29, 2015Cinema typically prospers during slowdowns, and insiders think new films will turn box offices to gold, Xu Fan reports. China's box-office chart has seen new records set frequently in recent months. The latest big high-this year's first ...
Tags: Movies, box offices
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China's Industrial Output up 5.7% in September
Oct 19, 2015China's value-added industrial output was down in September, partly due to a slowdown in the country's mining and energy sectors, data from the National Bureau of Statistics (NBS) showed on Monday. China's value-added industrial output ...
Tags: Industrial Output, overcapacity
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Air Freight Continues to Lag
Oct 13, 2015The IATA reports that air freight volumes were broadly unchanged in August compared to a year ago, with freight tonne kilometres 0.2% higher. The August data shows a pause in earlier declines in air freight volumes, consistent with ...
Tags: Air Freight, air freight volumes
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China's Non-Manufacturing PMI Drops in August
Sep 1, 2015Business activity in China's non-manufacturing sector expanded in August with slightly slowed pace from June and July, official data showed on Tuesday. The purchasing managers' index (PMI) for the non-manufacturing sector fell to 53.4 in ...
Tags: PMI, non-manufacturing sector