…Trying to assuage concerns over growing Chinese investment in debt-stricken eurozone economies, Chinese Premier Wen Jiabao, speaking at a German-China business forum on Friday in the southern province of Guangdong, said that China neither had the ability nor the intention
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The National Institute of Economic and Social Research (NIESR), a leading think-tank, has warned thatUKwill return to recession in the first half of this year. According to the institute, theU.K.economy is suffering from a combination of sluggish consumer and business
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Mid-Day Market Report Wednesday February 1st, 2012
Market Action
US: Dow: 12766.60 (1.06%), S&P 500: 1328.11 (1.20%), NASDAQ: 2851.51 (1.34%)
Europe: CAC: 3367.46 (2.05%), DAX: 6616.64 (2.38%), FTSE: 5790.72 (1.88%).
Asia…:China: 2268.08 (0.00%),Hong Kong: 20333.37 (-0.28%),India: 5235.70 (0.70%),Japan:
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Amid sluggish exports and fears of recession in Europe, Chinese manufacturing showed signs of improvement in January, as new orders rose to a three month high. The official Purchasing Manager’s Index (PMI) stood at 50.5 in January, up from 50.3
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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
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China, in an ambitious plan, brought out jointly by the country’s economic planning agency and the Shanghai government, intends to make Shanghai the global center of Yuan trading, clearing and pricing by 2015. This is part of a broader plan,
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