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  1. Beijing urged to cushion euro blow

    Posted May 24th 2012, 12:00am

    ... to a two-year low this year of 7.6 per cent, and the damage would be even greater if the euro-zone crisis worsened. 'With the EU accounting for one-third of global import demand, a recession ... the pinch of the euro-zone debt crisis and wobbly demand in North America, and feared the worst was yet to come. 'The operating environment in the Pearl River Delta is deteriorating ...

  2. Pressure for more stimulus measures

    Posted Jun 10th 2012, 12:00am

    ... second-biggest economy will add to concerns about global growth, as a Greek exit from the euro zone looms, Spain bows to the need for help to bail out its banks and jobs growth in America weakens. ...

  3. News - China

    Wen urges action on Europe debt crisis

    Posted Aug 30th 2012, 11:22am by Associated Press in Beijing

    ... – the so-called troika – support indebted euro zone countries “in overcoming hardships.” Merkel told reporters that while the crisis is not over, countries such as Italy and Greece were “on an intensive ... the troika are due in Athens next month for a review on which hinges a rescue loan instalment of 31 billion euros. “I want Greece to remain part of the euro zone,” Merkel said. “I have at the same ...

  4. China's economic growth may fall to 7.5pc

    Posted May 19th 2012, 12:00am

    ... direct investment last month than a year earlier. It was the sixth monthly drop in a row. The euro-zone sovereign debt crisis has had a huge knock-on effect on the mainland's economy. ...

  5. Beijing will increase tax rebates to help exporters

    Posted Feb 22nd 2012, 12:00am

    ... confirmed the report yesterday. The move, which will be the first since mid-2009, will lower exporters' costs, as global demand declines amid the euro-zone's sovereign debt crisis ... HSBC's head of trade and supply chain, said this was because euro-zone uncertainties were easing and orders from North America were recovering. In the next five years, Asia-Pacific would enjoy ...

  6. Bank rates cut for first time in four years

    Posted Jun 08th 2012, 12:00am

    ... reform. The People's Bank of China cut rates by 25 basis points for 12-month lending and deposit interest rates starting from today to counter a deepening economic slowdown as the euro-zone ... an immediate effect on stock markets around the world with European stocks closing higher, helped also by signs that euro-zone leaders were edging towards the tough steps needed to tame the debt ...

  7. Business - Banking & Finance - MR. SHANGKONG

    Will the dealmakers go to Shanghai's financial centre?

    Posted Oct 07th 2013, 12:00am by George Chen

    ... for them to get their money out of the city or the country. So what's the point of doing an IPO roadshow in Shanghai? With the launch of the free-trade zone in Shanghai, which aims to free-up ...

  8. Beijing and Berlin taking friendship to next level

    Posted Feb 02nd 2012, 12:00am

    ... to China in the same year. Neither Beijing nor Berlin has detailed the issues that will be discussed between Merkel and Chinese leaders, but analysts expect the euro-zone crisis, climate change, ... is leading the charge. Beijing has provided billions of dollars in state financing for key public works projects in Europe. Exchange rates have been a big issue between the US and the euro zone ...

  9. Ukraine boycott is simple hypocrisy

    Posted Jun 11th 2012, 12:00am

    ... with Peter Simpson What gives with the pompous UK government's Foreign Office and the other bombastic European leaders snubbing Ukraine's Euro 2012 contribution and staying away ... are hypocritical by nature, but the UK's Euros stance takes the half-time orange slice. Crucially, does boycotting a sport event achieve anything other than to make a lame political statement? When ...

  10. China urges Europe to open up to more trade

    Posted Jun 18th 2011, 12:00am

    ... can overcome the difficulties is very important to China,' Fu said. 'We hope to help euro zone countries to overcome the crisis, which is a measure that is also beneficial to China's economic development.' About a quarter of China's US$3 trillion in foreign exchange reserves is estimated to be invested in euro-denominated assets. On Thursday, Professor Wang ...




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