Search results for china, economy, stimulus package

CHINESE consumers are helping to boost the Swiss watch industry, with exports worth 19.3 billion Swiss francs (US.1 billion) last year, an industry report shows.Hong Kong, the No. 1 market for Swiss watches, contributed 410 million Swiss francs to its global sales, followed by the United States with 190 million Swiss francs and the Chinese mainland with 160 million Swiss francs, the Federation of
MANUFACTURING activities in China's state-owned enterprises continued to expand in January while the private sector reported shrinking activities, according to two separate surveys released today.

Their results, however, pointed to a stabilizing trend in the world's second-largest economy which remained a star performer last month amid slow economic growth worldwide, analysts said.

The offi
Shanghai's development from a manufacturing base into a services center is a natural move for the cosmopolitan city, which has always harbored ambitions to rival New York and London as a global financial hub.
LIUZHOU City government has started to monitor the quality of its drinking water as water tainted by a mining firm at the upper reaches is floating closer towards the water source of the city.

Cadmium pollutants were detected in the Liujiang River near Liuzhou City of Guangxi Zhuang Autonomous Region yesterday afternoon, the city's environmental protection bureau said. Liuzhou City has a popul
Fast forward to 2012 and business and economic leaders gathering in Davos have a more sober take on the Asian juggernaut, now seen as a source of hope and opportunity but also possible unpleasant surprises.The world's second-largest economy is still expected to grow this year at a pace that would make most of the world jealous, but concern that China may mismanage a soft landing gets mentioned in
THE eurozone debt crisis is escalating and dragging down the world economy, the International Monetary Fund said on Tuesday, as it sharply cut its outlook for global growth and called for policies to restore confidence.

The IMF chopped its 2012 forecast for global growth to 3.3 percent from 4 percent just three months ago, saying the outlook had deteriorated in most regions. It projected world
CHINA'S US$410 billion sovereign wealth fund has bought a minority stake in Thames Water, a water and sewage company, in its first acquisition in the UK.

China Investment Corp said in a statement yesterday that it acquired an 8.68 percent stake in Thames Water through a wholly-owned unit. But CIC did not provide a value for the deal.

The CIC transaction followed a visit to Beijing earlier t
Railway transport specialist Liu Youmei said the new train is economical and safe. "It can be used for public transport in populous areas and at scenic spots with fragile environments," Liu told Xinhua.

Liu said China is one of a few countries that have applied maglev technology.


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