2009 April
Politics and Economics
Asia's hard-hit exporters see a glimmer of economic hope
Time, 30/04/2009
Few companies have been hit harder by the severity and suddenness of the global economic crisis than Asia's manufacturers. With unemployment on the rise, credit tight, and uncertainty high...
Politics and Economics
Emerging-Market Stocks Rise as Export Slide Eases, Profits Jump
Bloomberg, 29/04/2009
Emerging-market stocks climbed the most in almost three weeks as South Korean exports fell at a slower pace and earnings surged at Chinese energy producers, adding to evidence that the global...
Politics and Economics
China demand means Asia exporters may be past worst
Bloomberg, 28/04/2009
The worst may be over for Asia’s exporters as interest-rate cuts and a $585 billion stimulus package get China buying again. Singapore’s shipments to China jumped 29 percent in March from...
Industry and Manufacturing
China urged to raise aluminium tax rebates
The Guardian, 27/04/2009
China should raise tax rebates on exports of all aluminium products to 17 percent to boost outflow, the vice chairman of a powerful industry body that influences government policy told Reuters on...
Politics and Economics
Goldman Sachs turns bullish on Chinese economy
The Telegraph, 23/04/2009
The reversal came after a raft of strong economic data in March convinced pundits that green shoots are starting to reappear in the Chinese economy, which could shortly overtake Japan as the...
Politics and Economics
Canton Fair points to drop in exports
China Daily, 21/04/2009
Sales at China's most famous trade fair have dropped 20 percent amid the global financial crisis, organizers said yesterday. Transactions at the 105th China Import and Export Fair, or Canton...
Politics and Economics
China may further raise export tax rebates
Reuters, 21/04/2009
China still has room to increase tax rebates for exporters but will wait to see more trade data before deciding to do so, an official from the Ministry of Commerce said on Tuesday. China has raised...
Politics and Economics
Chinese consumers buck trend by spending more
The Wall Street Journal, 19/04/2009
Prime Minister Wen Jiabao said Beijing's stimulus measures are helping consumer spending and growth, and while he warned of some "prolonged difficulties" as the financial crisis spreads,...
Politics and Economics
China’s stimulus restores confidence, shows recovery
Bloomberg, 18/04/2009
China’s 4 trillion yuan ($585 billion) stimulus plan has shown “better-than-expected” results in reviving growth in the world’s third-largest economy and helped restore market confidence,...
Politics and Economics
Yuan edges into place as international trade currency
China Daily, 16/04/2009
Buyers and sellers at the 105th Canton Fair in south China's Guangdong province are no longer restricted to using the US dollar to settle their deals. This year they can also use the yuan,...
Trade & Supply Chain
Jury still out on China's exports dependence
Financial Times, 16/04/2009
With China showing tentative signs of an economic rebound, the theory that the world's third largest economy could detach itself from the whims of the US economy - an idea that looked foolish...
Industry and Manufacturing
China sees a slight lift in factory orders
The New York Times, 15/04/2009
Chinese manufacturers say orders are starting to recover from their steep plunge over the winter, but demand from Europe and, especially, the United States remains anemic. Although exporters here...
Industry and Manufacturing
Canton Fair to focus on home turf
China Daily, 15/04/2009
The country's largest trading expo, China Import and Export Fair, is shifting its focus to the domestic market as demand in the overseas markets has shrunk and exports have declined for five...
Politics and Economics
And if it can happen in Singapore...
The Times, 15/04/2009
They are not talking about green shoots in Singapore, at least not economic ones. The city state's central bank effectively devalued its currency yesterday as figures showed that the economy...
Politics and Economics
Growing signs of recovery in China's economy
The Financial Times, 14/04/2009
There are growing signs the Chinese economy has begun to recover in response to a government stimulus package largely funded by the state-run banking system. On Thursday, the government is expected...
Politics and Economics
China seeing 'gradual recovery'
BBC, 12/04/2009
China's economy is showing some signs of recovery from the global financial crisis, the country's Prime Minister Wen Jiabao has said. The economy is showing "positive changes" but still...
Politics and Economics
U.S. trade gap narrowed in February as imports fell
Bloomberg, 09/04/2009
The U.S. trade deficit in February unexpectedly narrowed to the lowest level in nine years as demand for Asian cars, toys and electronics collapsed. The gap shrank 28 percent, the biggest drop since...
Industry and Manufacturing
Signs of life in China's export engine
Reuters, 08/04/2009
Over the past half year, the global financial crisis has wrenched asunder the gritty factory towns in China's Pearl River Delta, but some signs on the ground suggest the workshop of the world...
Politics and Economics
World Bank sees China recovery this year
The Guardian, 07/04/2009
The Chinese economy is likely to recover by the second half of this year and could help to pull Asia out of its slump, the World Bank forecast today. Despite the contraction in overseas markets, the...
Politics and Economics
World Bank sees shrinking China exports in 2009
AFP, 07/04/2009
China's exports are likely to shrink in 2009 due to the effects of the global crisis, but the economy as a whole will probably pick up in the second half of the year, the World Bank said. The...
Politics and Economics
China's economy to bottom out in mid 2009: World Bank
China Daily, 07/04/2009
Underscored by the massive stimulus program, the Chinese economy is expected to bottom out by the middle of 2009 this year, the World Bank said in a report on Tuesday. In its latest half-yearly...
Politics and Economics
China's growth more Occident than design
The Telegraph, 05/04/2009
China's arrival at the top table of nations is overdue, and its relationship with the United States crucial, but there is no evidence that the Chinese Communist Party has a magic bullet that...
Politics and Economics
PMI shows China economy may have bottomed out
Reuters, 03/04/2009
A rebound in China's official purchasing managers' index (PMI) in March shows that the Chinese economy may have bottomed out, China's chief statistics official said. China's...
Politics and Economics
China and US pledge co-operation
BBC, 01/04/2009
China and the US have agreed to step up economic co-operation to address the ongoing global financial crisis. US President Barack Obama and Chinese President Hu Jintao met in London ahead of the G20...
Industry and Manufacturing
China’s Manufacturing shrinks for 8th straight month
Bloomberg, 01/04/2009
China’s manufacturing shrank for an eighth straight month in March as collapsing global trade cut exports and growth across Asia. The CLSA China Purchasing Managers’ Index dropped to a...
