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China factory profit growth quickens as economy recovers
Dec.14,2012
Annual growth of China’s industrial profits quickened to 22.8 per cent in November from October’s 20.5 per cent, official data showed on Thursday, reinforcing signs of a steady economic recovery thanks to pro-growth policies.Read More + -
China exports account for 11.1% of world trade
Dec.14,2012
BEIJING - China's exports accounted for 11.1 percent of world trade during the first three quarters of 2012, up 0.6 percentage point from the same period last year, the Ministry of Commerce said Wednesday.Read More + -
US overtakes EU as China's top export market
Dec.14,2012
China said on Tuesday that the United States has overtaken the European Union as its biggest export market, as the continent’s debt crisis has sent demand slumping.Read More + -
Economy stabilizing, but facing challenges.
Dec.14,2012
BEIJING - China's economy is stabilizing, but its development will "face various challenges that should not be underestimated" next year, the Political Bureau of the Communist Party of China (CPC) Central Committee warned on Tuesday.Read More + -
Confidence in the economy on the rise
Dec.14,2012
Confidence among bankers and entrepreneurs in the health of China's economy has risen compared with three months ago, while inflation expectations went up among households, surveys said. The confidence of bankers in about 3,000 financial institutions in the economy next quarter rose 13.1 points to 55.1, according to a survey released by the People's Bank of China on Tuesday.Read More + -
China’s foreign policy mantra must be “economic first”
Dec.14,2012
The recent Asean Summit in Phnom Penh drew considerable international attention even amid the missiles in Gaza and another crisis in Europe. This attention had little to do, intrinsically, with the group of 10 countries.Read More + -
China's Economy Continues to Strengthen
Dec.14,2012
Dow Jones Newswires - China's economic recovery continued to gather pace in November, but some economists expressed caution about 2013. The data bode well for China's fourth-quarter gross domestic product growth--various Chinese indicators have been strengthening since September, signaling that the slowdown in the world's second-largest economy has ended following government stimulus efforts, including a push for more infrastructure investment.Read More + -
Yiwu : Santa's China factory
Dec.14,2012
The past ten years slowly marked a shift in China's growth model, which has been led for the most part by exports. Yiwu, a city in Zhejiang province, is one of the cities that has immensely benefited from what used to be China's export driven model.Read More + -
The Tea Leaves of Holiday Giving
Dec.14,2012
When it comes to gifts, regardless of the season, there’s no question that the age old saying “it’s the thought that counts” rings true. But this holiday season, it looks like gift-giving might actually be back in fashion after taking a hiatus the last few years. And from what we can see, shoppers aren’t skimping on presents for others or themselves!Read More + -
Christmas Trees Fly Off the Lots This Year
Dec.14,2012
Fritz Rapp and daughter Kayla Mudge bought a towering Christmas tree for their Baldwin Park home last year. But this holiday season, they have ordered six. They plan to adorn their balcony, front porch, living room and patio with about $700 worth of Fraser firs "to make it festive and warm and loving and welcoming," said Mudge, an attorney.Read More +