Posts tagged "economic growth"

China’s Official PMI Slips to 8 Month Low in November

10

Dec 2014


Global Sourcing, Opportunities
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China’s Official PMI Slips to 8 Month Low in November

Growth in China’s manufacturing sector slowed to an eight-month low in November, suggesting the world’s second-largest economy is still losing momentum and more policy easing may be needed in addition to a surprise interest rate cut last month.   The official Purchasing Managers’ Index (PMI) eased to 50.3 last month, still indicating a modest expansion in activity but below forecasts for 50.6 and October’s 50.8. The data came after China cut interest rate unexpectedly on Nov. 21, ...

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Manufacturing Day in the U.S.

30

Sep 2014


Global Sourcing, International trade, Opportunities
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Manufacturing Day in the U.S.

Manufacturing is more than just a cornerstone of the U.S. economy; it’s a cornerstone of modern life. The screen you’re reading this on is a manufactured commodity. The radio you’re listening to, the car you drove to work, the smartphone your kids keep staring at – your refrigerator, your TV, your medicine – all manufactured goods.   Many headlines about U.S. manufacturing are negative, focusing on increased global competition in the sector, but the fact is that the U.S. manufac...

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China’s Come Back after the Gap

03

Sep 2012


Global Sourcing, Logistics
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China’s Come Back after the Gap

China started to get scared as the beginning of year 2012 was not as good as expected or usual in exports target. The giant exporter let the world it can weakens at any time, but in the end, as usual, China takes it back and will finally meet their target. In Beijing, China's trade ministry sought to dispel worries about slowing economic growth in July by saying exports are likely to pick up in coming months and the country can meet its 10 per cent exports growth target for 2012.   S...

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China-Japan-South Korea Trilateral Talk

29

May 2012


Global Sourcing, Opportunities
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China-Japan-South Korea Trilateral Talk

May 14 – Leaders from China, Japan, and South Korea concluded the Fifth Trilateral Summit Meeting and signed the Trilateral Agreement for the Promotion, Facilitation and Protection of Investment (hereinafter referred as the Trilateral Agreement) at a summit in Beijing. The Trilateral Agreement represents a stepping stone towards a three-way free trade pact to counter global economic turbulence and to boost economic growth in Asia.   In the joint declaration, the three nations list d...

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Trade Surplus Rises in Coming Months

22

Jul 2011


Global Sourcing, Logistics, Quality Control
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Trade Surplus Rises in Coming Months

China's monthly surplus is expected to "widen" in the coming months though export growth will "decelerate", probably causing some factories to close, said the Ministry of Commerce on Thursday.   As domestic and global business conditions deteriorate, some manufacturers and exporters might struggle in the months ahead, with even some going bankrupt, said Zhang Ji, director-general of the ministry's department of mechanical, electronic and high-technology industries.   Accord...

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