Tag: Asian News

Canada Tries to Woo China Over Alberta Oil Sands

Canada Tries to Woo China Over Alberta Oil Sands

Canadian Conservative Prime Minister Stephen Harper is in the midst of an official visit to China. His mission? To convince Beijing’s mandarins to buy Canada’s Alberta oil sands hydrocarbon production, now that Republican Congressional overreach has effectively sidelined the Keystone […]

Japan Reports Terrible Q4 GDP Numbers

Japan Reports Terrible Q4 GDP Numbers

                Japan reported a 2.3% contraction in its economy during the fourth quarter.  This comes as the third contraction in the last four quarters, a worrisome sign for its economy and chances for a double dip.   Floods in Thailand hurt […]

Australia’s Housing Bubble Now Popping?

Australia’s Housing Bubble Now Popping?

After more than a decade of non-stop growth, Australian banks are bracing themselves for a slowdown in credit growth. In an effort to cut costs and protect profit, most of the big banks have started to announce job cuts for […]

Images of riots in China

Trade Data: Is China Having a Hard Landing??

The latest January trade data of China showed the broadest measure of China’s global trade surplus fell to a several-year low to around 2.7% of GDP.  Export also collapsed to a negative 0.5% year-over-year in January, down from +13.4% in December.  Imports […]

China Mobile Crushing Apple in High-End Market

China Mobile Crushing Apple in High-End Market

One of the most significant marketing opportunities in the history of the global economy may be the emerging consumer market in China. According to a report in the SINO Daily dated January 17, 2012, “Urbanisation is an irreversible process and […]