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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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Worldwide IT Spending Forecast to Decline 0.5% in 2016
Apr 11, 2016Worldwide IT spending is forecast to total US$3.49 trillion in 2016, a decline of 0.5% over 2015 spending of US$3.5 trillion, according to Gartner. This is down from last quarter's forecast of 0.5% growth. The change in the forecast is ...
Tags: device market, printers
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Wearable Market Took a Big Step Forward in 2015
Feb 28, 2016The worldwide wearable device market took a big step forward in the fourth quarter of 2015, fueled by the growing popularity of fitness trackers and the Apple Watch. According to the IDC Worldwide Quarterly Wearable Device Tracker, vendors ...
Tags: Wearable Market, Wearable Device
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China's Startup Boom Continues
Jan 13, 2016China saw a record number of firms established in 2015 despite the slowing economy, official data showed. Chinese set up a total of 4.44 million companies last year, up 21.6 percent from a year ago, which means 12,000 new companies every ...
Tags: Chinese economy, economic slowdown
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Wang Yang: Remain Confident, Vigorously Promote Steady Growth, Transformation, Upgrading of Foreign Trade
Oct 22, 2015The national teleconference on foreign trade was held in Beijing on February 26. Vice Premier Wang Yang attended and addressed the meeting. He stressed that great efforts should be made to genuinely implement the spirit of the central ...
Tags: Promote Steady Growth, Transformation, Upgrading of Foreign Trade
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Gao Hucheng Holds Talks with the Korean Minister of Trade, Industry and Energy Yoon Sang-jick
Oct 20, 2015The Chinese Minister of Commerce Gao Hucheng held talks with the Korean Minister of Trade, Industry and Energy Yoon Sang-jick in Seoul Korea on the afternoon of June 1. Both sides exchanged views on signing the China-Korea Free Trade ...
Tags: China-Korea FTA, economic integration, trade and investment cooperation
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What's Behind Smartphone Market's Slowing Growth?
Aug 27, 2015The worldwide smartphone market will grow in the coming years, but new research suggests its meteoric rise over the past several years will start to slow over sluggishness in China. Smartphone shipments will rise 10.4 percent in 2015 to ...
Tags: smartphone, Android, LTE
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China's Yuan Devaluation Impacts on Petrochemicals
Aug 16, 2015China's surprise devaluation of the yuan on Tuesday, when the country's central bank set the official value of the renminbi about 2% weaker against the dollar, has not hit the petrochemicals complex in a significant way, industry ...
Tags: polymer, carbide PVC
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Taiwan's Export Orders Received in June Increased by 2.2%
Aug 5, 2015Affected by a variety of factors, including fallout from the Greek debt crisis, slowing growth in China coupled with its recent stock market slump, steady displacement of Taiwanese suppliers by mainland Chinese counterparts, sagging ...
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Global Automakers to Manufacture Fewer Vehicles in China
Jul 24, 2015Global automakers will manufacture fewer vehicles in China this year than they are able to because of slowing demand in the world's largest auto market, a reversal after years of rushing to build factories. The average level of capacity ...
Tags: auto market, passenger-vehicle
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Online Shopping Boosts Paper Packaging Sector
Apr 7, 2015Research facility plays key role in Finnish paper chemicals firm's sustainability plans At a temperature-controlled Kemira laboratory in Nanjing, capital of Jiangsu province, one can find lab workers and technicians huddled over consoles ...
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China Walks The Economic Tightrope of Balancing Steady Growth
Mar 13, 2015As China walks the economic tightrope of balancing steady growth, facilitating restructuring and combating deflation risks, Zhou said there may be room for flexibility despite consistent championing of a prudent monetary policy. Policy ...
Tags: Central Bank, China's GDP
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U.S. Businesses in China Are Still Optimistic in Their Five-Year Outlook
Mar 5, 2015About 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
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General Mills Is Planning to Shut Two of Its Plants in Canada and The US
Jan 12, 2015General Mills - the maker of Cheerios, Betty Crocker and Yoplait – is planning to shut two of its plants in Canada and the US in Ontario and Indiana, respectively. The closure is in line with the company's strategy to save around ...
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Siemens May Be Saying Auf Wiedersehen to Its Healthcare Business
Dec 24, 2014Siemens may be saying Auf Wiedersehen to its healthcare business, but won’t be taking it public anytime soon. The German giant announced in November that it would legally separate its healthcare business from the rest of the ...
Tags: molecular biology, x-ray equipment, Health
