» 07/17/2012, 00.00
Foreign investment in China down by 6.9 per cent
In June, investment of just 12 billion U.S. dollars. Growth in EU investment. Beijing thinks of easing tax on dividends. Growth in non-financial foreign investment. The choices of Nissan and Fiat.
Hu Jintao in the United States for financial summit and to meet Obama
The Chinese president will head his delegation at the meeting among the 20 most industrialized countries. Obama will also participate. Beijing wants an increasingly greater role in international issues, although it is hesitant to open up its currency reserves of 1.9 trillion dollars.
World Bank: Chinese growth will fall to 1990 levels
The World Bank warns that the situation could become even worse. Beijing, preoccupied over rampant unemployment, is addressing the problem by stimulating domestic consumption. But meanwhile, it is unable to contain the growing social protests.
Retail sales boom in Asia
Whilst sales in Europe are expected to grow by 1-2 per cent, in Asia they should leap by up to 16 per cent: a sign of optimism and widespread wealth?
26/03/2009 HONG KONG
Hong Kong government short on answers to financial tsunami
GDP has gone from +7.3% in the first quarter of 2008 to -2.5% in the latest quarter. The government is considering short term solutions, but has no long term plans capable of reviving the economy. Emerging from the crisis will require the reinforcement of social safeguards, a relaunching of collective bargaining, and massive investment.
Europe's debt crisis and Chinese New Year reduce Singapore's exports
The city-state saw its exports fall for the first time in three months in January as electronics and petrochemical shipments declined. This is 2.1 per cent lower from a year earlier compared to 9 per cent gain in December. Signs of improvement in the United States might lead to better export figures, expert says.
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