2009 August
Politics and Economics
Too early to hail China's stimulus success
The Guardian, 28/08/2009
28 August 2009, It seems likely now that China will reach its annual economic growth target of 8%, dwarfing most of the other countries in the world. In the second quarter of 2009, its GDP growth...
Industry and Manufacturing
Canton Fair Trading Down
27/08/2009
The Canton fair is often used as a measure for trade in China. Going by this year’s trade volumes the immediate forecast would be a cold front with a strong chance of heavy rain. Trade volumes in...
Trade & Supply Chain
HK exports down 19.9%
The Strait Times, 25/08/2009
Hong Kong exports plunged 19.9 per cent year-on-year in July, as overseas demand for Chinese goods remained subdued despite talk of a global economic recovery, the government said on Tuesday. The...
Industry and Manufacturing
China's Dongguan hasn't given up hopes of reclaiming its title as the world's workshop
The Telegraph, 24/08/2009
The Chinese city of Dongguan was the workshop of the world as the global economy boomed. With the West in recession, Peter Foster discovers a bruised population coping with a new world. In the...
Industry and Manufacturing
China racing ahead of U.S. in drive to go solar
The New York Times, 24/08/2009
President Obama wants to make the United States “the world’s leading exporter of renewable energy,” but in his seven months in office, it is China that has stepped on the gas in an effort to...
Politics and Economics
Asia’s recovery highlights China’s ascendance
The New York Times, 23/08/2009
In past global slowdowns, the United States invariably led the way out, followed by Europe and the rest of the world. But for the first time, the catalyst is coming from China and the rest of Asia,...
Trade & Supply Chain
Steep drop in exports shrinks balance surplus
China Daily, 21/08/2009
China's net flow of goods and services, or its current account surplus, shrank 32 percent this year to June as the global recession clamped down on exports for the world's third largest...
Politics and Economics
China said to plan rules tightening capital of banks
Bloomberg, 21/08/2009
China plans to tighten capital requirements for banks, threatening to curb the record lending that’s fueled a 60 percent rally in the nation’s stock market, three people familiar with the matter...
Politics and Economics
China's yuan trade settlement is slow off the mark
Reuters, 20/08/2009
China's pilot programme to settle trade in yuan has run into a roadblock because foreign buyers either have little access to the Chinese currency or are reluctant to part with it, state media...
Politics and Economics
The gloom in China's glowing economic stats
Forbes, 19/08/2009
A curious article appeared in People's Daily, China's state-owned newspaper, a few weeks ago. It detailed how citizens were ridiculing a government statistic suggesting wages had risen an...
Trade & Supply Chain
China to top Germany as 2009 export champion
AFP, 19/08/2009
Germany is set to lose its unofficial title of world's top exporter this year to China as the recession hits demand for its cars, machinery and chemicals, Germany's leading export group...
Politics and Economics
China goes house hunting to rev up economy
Reuters, 18/08/2009
The Chinese government is attempting to pass the baton of growth from state-funded infrastructure investment to the private housing sector, a risky but necessary move to sustain the economic...
Industry and Manufacturing
Chinese Christmas exporters hit by global recession
The Guardian, 14/08/2009
International Trade City – a gargantuan wholesale market selling everything from buttons to golf bags – should be bustling. But walk down the long aisles of Christmas outlets, past the fibre...
Politics and Economics
Will Germany Beat the U.S. to Recovery?
BusinessWeek, 14/08/2009
It has been a rhetorical battle of Anglo-Saxon vs. Continental capitalism. Since the onset of the economic crisis, German leaders have scored political points by railing against the flaws of the...
Politics and Economics
Hong Kong climbs out of recession as global economy recovers
Bloomberg, 14/08/2009
Hong Kong climbed out of a yearlong recession as trade improved, adding to signs that the global economy is recovering. Gross domestic product rose a seasonally adjusted 3.3 percent in the second...
Politics and Economics
Yuan forwards decline most in a month on exports data, dollar
Bloomberg, 12/08/2009
Yuan forwards declined the most in a month after a ninth monthly slump in China’s exports prompted traders to reduce bets on how far the currency will strengthen. Twelve-month non-deliverable...
Politics and Economics
China says domestic demand can't offset export drop
Forbes, 11/08/2009
Government steps to boost domestic demand cannot be expected in the short term to fully offset the impact of reduced demand for Chinese exports, the Ministry of Commerce said on Wednesday. In a...
Trade & Supply Chain
China’s exports decline for ninth month on weak global demand
Bloomberg, 11/08/2009
China’s exports fell for a ninth month on weak global demand, reinforcing the government’s case for sticking with a “moderately loose” monetary policy to fuel domestic growth. Overseas sales...
Politics and Economics
China economy shows improvement
BBC, 11/08/2009
China's economy has shown signs of improvement, with the annual growth rates of both industrial output and retail sales rising last month. However, despite the improvement, both sets of data...
Politics and Economics
China's central bank affirms credit policy
Xinhau, 05/08/2009
China's central bank reaffirmed on Wednesday it will stick to its moderately easy monetary policy to consolidate the country's economic recovery. The bank also said it would use market...
Industry and Manufacturing
China's factories continue to expand
The Wall Street Journal, 04/08/2009
Two gauges of China's manufacturing activity showed further expansion in July, as the recovery in the world's third-largest economy appears to gain a surer footing, supported by domestic...
Politics and Economics
Domestic spending powers China manufacturing upturn
Reuters, 03/08/2009
A surge in domestic investment spurred factory activity in China and offset anemic exports, pushing a key gauge of the country's manufacturing sector to a one-year high. Brokerage CLSA's...
Trade & Supply Chain
Alibaba says China exports may rise in fourth quarter
Bloomberg, 03/08/2009
China’s exports may rise in the fourth quarter, snapping a losing streak that began in November last year, said Alibaba.com Ltd. Chief Executive Officer David Wei. The operator of China’s...
Politics and Economics
China’s manufacturing expands amid signs of global recovery
Bloomberg, 03/08/2009
China’s manufacturing expanded in July as record lending and a 4 trillion yuan ($585 billion) stimulus package stoked a recovery in the world’s fastest- growing major economy. The CLSA China...
