China-Africa Trade Hits $61.2Bln in H1
Trade volume between China and Africa hit 61.2 billion U.S. dollars in the first six months this year, marking a year-on-year increase of 65 percent.
China Likely to Record a Lower Trade Surplus of 120Bln U.S. Dollars
China is likely to record a lower trade surplus of 120 billion U.S. dollars this year as the country is promoting domestic demand after the global crisis.
Chinese Overseas M&A Continue: Deloitte
The number of outbound mergers and acquisitions conducted by Chinese companies will continue to rise, boosted by the overseas expansion of mining, oil and auto industries.
JP Morgan Chase: China's GDP Growth Projected at 9.8Pct in 2010
JP Morgan on Tuesday lowered its forecast of China’s growth of gross domestic product at 9.8 percent this year and 8.6 percent in 2011.
Global FDI Flows to Regain Pre-Crisis Levels in 2012
Global FDI flows will regain its pre-crisis levels in 2012 with 1.6 – 2 trillion U.S. dollars, a UNCTAD report says.
China Inflation Accelerates as Agricultural Products Prices Surge on Speculation: Official
Inflationary expectations in China are accelerating as agricultural product prices continue to rise driven by speculations as well as unfavorable weather this year.
World Economy Recovery, still Facing Challenges: IMF Lipsky
Moderate world economy is underway, despite obvious risks and challenges such as the need for medium-term fiscal consolidation, according to a top official from the IMF.
Government Businesses on Top Ten in China's Biggest 500 Companies
Concerns are mounting in China over the high proportion of state-run businesses among the top 500 firms and the fact that despite their huge size, they have gained little advantages in earning ability.
FDI Flows From China Rose 1.1Pct in 2009
China’s outbound direct investment increased 1.1 percent in 2009, marking the eighth-straight-year growth.
Inflation to Peak in August: Morgan Stanley Economist
China's comsuer price index will peak in August, driven by soaring food prices.
China, Ukraine Sign 12 Co-operation Agreements
Beijing and Kiev have signed 12 cooperation agreements on Thursday, covering areas in bilateral relationship, aviation industry, infrastructure construction, financing, electric power, etc.
IMF Calls on Advanced Economies to Cut Public Debt
“Advanced economies must pursue long-term policy reforms to reduce public debt levels over the coming decades and ensure future fiscal sustainability.”
FDIC Says 829 U.S. Banks at Risk
The U.S. Federal Deposit Insurance Corp. said 829 of the county’s 7,800 banks were at risk of failure at the end of June, up from 775 at the end of the first three months of this year.
China to Guard Against Inflation in the Second Half
China should guard against inflation in the second half as concerns are mounting over the hikes of prices especially food prices, a government official said.
China's Coal-Fired Power Plant in Vietnam Got Nod from Government
Chinese government has approved the project of coal-fired power plant construction in Vietnam, the largest invested by Chinese companies in the country.
China, South Africa Wrapped 10 Business Co-op Agreements
Companies and organizations from China and South Africa on Tuesday signed ten business cooperation documents covering areas such as solar power, mining, telecommunications, insurance and finance.
Non-Financial ODI in 2010 to Exceed 50Bln U.S. Dollars
Outbound overseas direct investment (ODI) from China's non-financial sectors is expected to exceed 50 billion U.S. dollars in 2010, a senior government official said.
Chinese Banks' Outstanding Syndicated Loans Reached 2Tln Yuan by End-June
The Chinese Loan Syndications and Trading Association said Sunday the outstanding syndicated loans of its 49 members had reached 2.08 trillion yuan by the end of June
OECD Economies Expand 0.7Pct Q2
The economies in the OECD region have expanded slightly by 0.7 percent in the June quarter from the previous quarter, the same rate as the first three months this year.
An Age of Diminished Expectations?
Policymakers must remember that whether or not the US and Europe avoid a lost decade depends on their ability to retain productive vitality in their economies, not simply on short-term demand-stimulation measures.
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