China
Asia-Pacific carriers' profit outlook downgraded on Euro woes
Impact of European losses now expected to be more than doubled at $1.1 billion will take its toll on Asia-Pacific carriers, says IATA.
Asia-Pacific carriers' profit outlook downgraded on Euro woes
Impact of European losses now expected to be more than doubled at $1.1 billion will take its toll on Asia-Pacific carriers, says IATA.
China cuts interest rates for the first time in 42 months.
But what surprised analysts more was the government’s move to give banks the flexibility to offer higher loan rates and lower borrower’s costs.
Desperate China cuts interest rates
The People's Bank of China cut 25bp in interest rates to re-ignite growth, lift falling inflation and cope with global weakness.
China slapped with stiff solar cell tariffs
The United States starts to play hardball with Chinese manufacturers with tariffs ranging from 31% to 249.96%.
China's blistering credit growth loses steam
Credit growth decelerated for the first time since 2008 and should pile on more pressure to the economy.
China SMEs fear insufficient access to credit facilities
Growing credit card use among local buyers is also causing frequent payment delays.
China opening up state-owned enterprises to private investment
So-called SOEs are being urged to allow private investors to engage in share-stakes, property rights and private equity fund transactions.
China's fresh PMI slide not a cause for worry?
Its private sector index slid to 48.7% from 49.1% in April but government easing is softening the blow, says BBVA.
Chinese house prices slip again in April
But the gradual price decline is still manageable for the government and is a necessary pain for Chian to pop any forming price bubbles.
63% of computer users in AsiaPac admit they pirate software
And China has the most troubling piracy problem with an illegal software market worth nearly US$9 billion in 2011 versus a legal market of less than US$3 billion.
AsiaPac airports report increase in passenger traffic in March
China's Beijing airport continues to record the highest passengers throughout the region with almost 6.6 million.
China exports down 4.9% in April
The decrease is due to the continuing European crisis and slow shipment to the G3 market.
Chinese executives bullish about global prospects
A survey by Ernst & Young reveals 69% of Chinese executives see the global economy improving.
New businesses seen to benefit from rise in China's service sector activity
The Composite Output Index rose 49.9 to 51.4 signalling a modest rate of expansion.
China to lead surge in Asian exports to the US in 2Q12
China’s official PMI strengthened to 53.3 in April, a clear indication that large manufacturers in China are gearing for export recovery as the US economy becomes more robust.
China's manufacturing sector down in 6 consecutive months
Manufacturing firms in April reported the sharpest staff reduction in 37 months.
Asia not immune to recession
With European markets still struggling, can China's export market save the region's economy?
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