Posts tagged "global economy"

CHINA RAILWAY INVESTMENT

No matter how the yuan and stock devalue, how the economy is slowing down, for China, investment must go on! China is quite well known for its transportation and infrastructure sector. Many countries have agreed to cooperate with China to improve their  infrastructure and public transport, moreover for the railway transport. Let's see what has been China planning for the upcoming year...   Domestic Count China's national railway has set the full year fixed assets investment target at an...

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YUAN DEVALUATION

It's been quite a time, we haven't talked about Chinese economy again. This year, we keep hearing from the yuan devaluation, stock devaluation, etc. Regarding this situation, a question rose, why the yuan devaluation does not occur to decrease sharply?   The Shocking New Year Start Immersing stocks and currency have made a dramatic start to the new year in China. The closely watched Shanghai Composite Index fell 3.6 per cent on Friday, down more than 20 per cent from its recent hi...

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CHINA-ALGERIA COOPERATION

New year, new investments and cooperations for China. Being one of the world's strongest country, China has been 'down to earth' to share its capital and help other countries to improve their infrastructure. Currently, Algeria made a deal with China to build a mega sea port. It's not only big, but MEGA!   3.3 billion USD is the amount of China-Algeria deal to build and exploit the new center transshipment port of Cherchell.   Port Cherchell   The agreement was signed between...

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TOP 10 CITIES TO STARTUP YOUR BUSINESS

Count down the top 10 cities around the world to startup your business !   1. Beijing     China is still leading the chart! No wonder, China is increasingly focusing on higher-end, higher-margin advanced manufacturing, which “Made in China” no longer means cheap and low-quality, but high quality. In addition, China has a tax relief program for startups with annual tax deductions of up to RMB9,600 (US$1,500) to businesses established by previously unemployed workers and...

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RMB TO BE IMF’S RESERVE CURRENCY

Finally, the decision for Chinese Yuan or RMB to be added to IMF's basket of elite reserve currency is finalized. Here is the detail...     Benefit, benefit, benefit... Despite many controversies, analysts say that the IMF’s decision is in large part a political one designed to encourage stronger economic overhauls in the world’s No. 2 economy. Christine Lagarde believes this milestone will be the beginning of many reforms. This move will be effective in the late of next y...

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CHINA $1T OVERSEAS INVESTMENT

I was like WOW! $1T is not a small amount, guys, I was like come on... Just like the title, Li Ke Qiang, Premier of China stated that China would invest more than $1 trillion overseas in the next 5 years.   The Basis Not only the $1 trillion overseas investment, Premier Li also added that the country will most likely import commodities those worth more than $10 trillion during the period. Even though China's economic growth has slowed, growth volume is increasing annually. For as lon...

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CHINA ECONOMY WATCH

Hello Wednesday! Yeay, we're in the middle of the week (again)! Today, I'm writing an article about China Economy watch based on one of my favorite economic figures: Christine Lagarde, the head of IMF.   Here is the review...   "I would say that it's a recovery that is decelerating a bit, and we are seeing massive transitions at the moment" she said and it was expected to gain momentum next year.   After such a massive growth over decades, China's economy slowed to 7.4...

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MADE IN CHINA 2025 AUTOMATION

Every country has its longterm planning for the future. Speaking of which, what about China's future planning for the next 10 years?   The Idea The Chinese government has made a "Made in China 2025" initiative for its long term planning. Some say there are too many obstacles in this ambitious plan, but others say that the entry of China into the global manufacturing market as a player that offers more than low-cost labor is a very good step to create a truly global competitive market....

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YOUR BUSINESS OPPORTUNITIES IN CHINA

Morning glory! This Monday, my morning was greeted with heavy rain and wind as the effect of the Typhoon Soudelor that attacked Taiwan, some parts of China and other regions. By the way, today we will talk about opportunities. I believe in the saying that says "In every darkness, there is a light" meaning that even though the condition is not good, but there is always a way out and an opportunity, so therefore, we have to have a shrewd eyes to see that opportunity. Speaking about which, well,...

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CHINA’S ECONOMY NOW

Buenos! It's been super sultry here in China during the summer and the heat is added up by the current unstable market condition. So today, I decided to choose this current hot issue in China: China's Economy Now. I gathered the information from some sources and happy reading ..... With industrial profits sliding, factory activity retreating and the stock market on wild swings, China's economic future seems blurry.   However, positive changes in the fundamentals can not be ignored and ...

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