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Crown's Net Sales Increase in 2017 Fourth Quarter

Feb 9, 2018

Crown Holdings has released its financial results for the fourth quarter and year ended 31 December 2017. Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in the fourth quarter of 2016, reflecting ...

Tags: Crown Holdings

International Paper's Net Earnings Increase in Full-Year 2017

Feb 8, 2018

International Paper has reported full-year 2017 net earnings of $2.1bn ($5.13 per diluted share) compared with net earnings of $904m ($2.18 per diluted share) for full-year 2016. In the fourth quarter of 2017, the Company reported net ...

Tags: International Paper, Paper

China's Fiscal Revenue Rises 1.7% in Aug.

Sep 14, 2016

China's fiscal revenue rose 1.7 percent year on year to 989.4 billion yuan (US$224 billion) in August, data from the Ministry of Finance showed Tuesday. Revenue growth was down from the 3.3-percent gain posted for July. The ministry ...

Tags: China's fiscal revenue, China's economy

Invest in Infrastructure for Sustainable Growth

Jun 8, 2016

China faces two separate challenges: the long-term issue of a declining potential growth rate and the immediate problem of below-potential actual growth. Indeed, the government's supply-side reform strategy will go a long way toward doing ...

Tags: Infrastructure Investment

How Should China Cope with US Interest Rate Rise?

Jun 7, 2016

A May 25 Bloomberg report said that Chinese officials plan to ask their American counterparts during the upcoming eighth round of the China-U.S. Strategic and Economic Dialogue about the chance of a Federal Reserve (Fed) interest rate ...

Tags: Interest Rate, interest rate policy

Tax Reform to Boost Vitality of Real Economy

Apr 4, 2016

Chinese Premier Li Keqiang has urged solid efforts from the country's financial and taxation authorities to deliver the value-added tax (VAT) reform as part of efforts to invigorate the real economy during a visit to the State ...

Tags: Tax Reform, VAT

Supply-Side Reform to Keep Chinese Economy Fit

Jan 4, 2016

One change will certainly be deeply felt in China's economy in 2016 and more time come: supply-side structural reform. "Supply-side structural reform is an urgent task that cannot afford any delay, otherwise the 'sickness' will become ...

Tags: Supply-Side Reform, Chinese Economy

UBS Forecasts China Q4 Growth at 6.9 Pct

Dec 28, 2015

China's economic growth is expected to be unchanged in the fourth quarter of this year, but an improvement is still distant due to property weakness and excess capacity, according to the latest report from UBS. The Swiss banking group ...

Tags: UBS, China Q4

China to Become World's No 1 Electric Car Market

Dec 7, 2015

Electric car sales in China are expected to reach 220,000 to 250,000 this year, surpassing the US to rank first worldwide, China Association of Automobile Manufactures (CAAM) forecast. Worldwide electric cars sales will hit 600,000 and ...

Tags: Electric Car, EV

China Slashes Import Duty on Consumer Goods

May 28, 2015

China is to reduce import taxes by more than 50 per cent on some consumer goods, including apparel, in a bid to encourage an increase in domestic spending, according to media reports. The Chinese finance ministry has said that it will ...

Tags: Import Duty, Consumer Goods

Chinese Small Firms Save 24b Yuan in Taxes in Q1

May 4, 2015

China's small and micro enterprises saved 24 billion yuan ($3.92 billion) in the first quarter of 2015 due to preferential tax policies, the State Administration of Taxation (SAT) said on Monday. Statistics from SAT showed that a total of ...

Tags: small enterprises, preferential tax policies

British Beer Sales 1.3% up in 2014

Feb 3, 2015

Beer sales in the UK have increased by 1.3%, after nine consecutive years of decline during which beer sales dropped by 24%. According to British Beer & Pub Association (BBPA), the surge in beer sales comes after two duty cuts on alcohol ...

Tags: Beer Sales, tax cuts, beer

Mazda to Construct an Engine Plant in The Chonburi Province of Thailand

Nov 11, 2014

Mazda is planning to construct an engine plant in the Chonburi Province of Thailand where SKYACTIV-D 1.5 clean diesel engine will be produced for the company’s flagship Mazda2. The engine assembly plant is expected to have ...

Tags: engine plant, clean diesel engine, flagship Mazda2, Auto

Government Incentives Help Focus Efforts on Power Plant Development

Feb 10, 2014

Government incentives help focus efforts on power plant development Chinese solar panel makers are looking to invest in solar power farms to boost earnings after a drop in panel prices due to oversupply. Hit hard by trade disputes as ...

Tags: Solar Panel, Energy

Obamacare Helps Numbers of Young Adults with Private Health Insurance

Dec 27, 2013

More young adults have health insurance now than three years ago. And many of them are getting that coverage under a provision of the Affordable Care Act that allows them to stay on their parents' health policies until they turn 26, U.S. ...

Tags: health insurance, Affordable Care Act, health policies

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