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Economy »

Why Vietnam?

[2014-12-25]

Any United States based company would be wise to consider investing into Vietnam as either a first step into Asia, or as a means of diversifying their Asian holdings

After the revision, China's GDP stood at 58.8019 trillion yuan ($9.61 trillion) for 2013, 1.92 trillion yuan more than previous estimate

Russia has become a sizeable trading partner of China, so this by itself will hurt China's exports. Other than that, the financial impact in China should be modest so far. Also, overall, the fall in the oil price is a net positive for China.

China's imports shrank unexpectedly in November while export growth slowed, fuelling concerns that the world's second-largest economy could be facing a sharper slowdown and adding pressure on policymakers to ramp up stimulus measures

The merger is not just about making a change, but is a big step in preventing unhealthy competition in overseas markets and aiding the further development of China's rail and relevant industries

"Economic declines are inevitable," he stressed, "the medium-speed economic 'new normal' is more efficient than any previous policy stimulus."

About 17 areas were involved in the negotiations between the two sides and have been detailed in 22 chapters, including trade remedies, customs clearance, investment transparency, communications and intellectual property rights.

Growth in real estate investment, which affects about 40 other industries in China, cooled to 12.4 percent in the first 10 months of 2014 from a year earlier, with property sales and new construction continuing to fall.

The new draft, which is posted on the NDRC website, decreases the number of restricted sectors from 79 to 35, including steel, ethylene, refining, papermaking, coal chemical equipment, automotive electronics, lifting appliances, electric transmission ect.

The survey concludes, however, that young Chinese do appear to understand one of the basics of prudent financial management: that accumulating savings is the first step toward making more aggressive wealth management decisions in the future

APEC should continue to bring diverse economies together to deepen economic integration in the region, and it is useful for the forum to have "a long-term vision like the Free Trade Area of the Asia-Pacific (FTAAP)

"Provision charges will be the biggest swing factor for banks' earnings. The more bad loans they write off, the more additional provisions they need to set aside to maintain the required coverage ratio."

the survey found that more than 80 percent of Chinese family businesses have board members who are not relatives, compared with 34 percent globally

The power data came as other key economic indicators, including investments and industrial output, fell below market expectations in recent months, fueling concerns that China may miss its annual growth target of around 7.5 percent.

there are a number of continuing signs that the exchange rate adjustment process remains incomplete and the renminbi has to further appreciate before reaching its equilibrium

The IMF estimates that by the end of this year, China's economy will surpass the US in size: $17.6 trillion versus $17.4 trillion, if based on purchasing power parity-which takes into account different currencies and standards of living.

more than 42 bus routes and some tram services suspended,as thousands of activists continue to occupy major roads in the central business area of the city.

Zhuhai, a city in Guangdong province, announced on Saturday its decision to loosen housing purchase limit, leaving only five others - Beijing, Shanghai, Shenzhen, Guangzhou and Sanya - still keeping the restrictions.

Bank of China Ltd said on Thursday that it was lowering its annual GDP growth forecast for China to 7.4 percent from 7.5 percent and said more favorable fiscal policies are essential to maintain the growth momentum.

Those who have paid off their mortgage can be classified as first-time homebuyers and can enjoy a mortgage rate as low as 70 percent of the central bank's benchmark rate

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