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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. L'Occitane's profits drop 3pc despite stronger sales

    Posted Nov 29th 2011, 12:00am

    ... to September 30. L'Occitane International's shares rose 4.05 per cent to close at HK$15.42 before the company released the interim results last night. Net profit fell to Euro28.5 million (HK$296 million) for the six months through September, from Euro29.8 million a year earlier. The net profit margin declined 1 percentage point to 8.1 per cent. Net sales for the company increased ...

  4. EU businesses complain of discrimination

    Posted May 26th 2011, 12:00am

    ... Ed Zhang in Beijing ed.zhang@scmp.com European businesses' love-hate relationship with China appears to have deteriorated, with almost half the respondents to a new survey complaining of discrimination over the past two years. While 79 per cent are o ...

  5. 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. ...

  6. European Union to seek action on rising trade, currency imbalances

    Posted Nov 13th 2007, 12:00am by Tom Miller

    ... with the EU, its largest trading partner, was US$128 billion at the end of September, according to mainland customs. Last year the EU recorded a trade deficit of Euro128 billion. The trade imbalance ... taken a more conciliatory approach on the issue than their counterparts in Washington. But there are signs that growing European frustration at the continuing appreciation of the euro against ...

  7. Capital sets tougher emissions standards

    Posted Feb 18th 2008, 12:00am by Shi Jiangtao

    ... Shi Jiangtao in Beijing New cars in the city must comply with Euro IV Beijing will introduce new emissions standards for new cars next month amid mounting concerns over its ability to improve the city's choking air quality ahead of the Olympics. But the move, making the capital the first mainland city to comply with Euro IV emissions standards, has been questioned by state ...

  8. News - China

    Wen urges action on Europe debt crisis

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

    ... rise to serious concerns in the international community. Frankly speaking, I am also worried,” Wen told reporters after the meeting. He cited uncertainty over whether Greece leaves the euro ... – 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 ...

  9. EU's new tune unlikely to charm

    Posted Nov 29th 2007, 12:00am by Tom Holland

    ... of Chinese foreign reserves into the euro, one senior ECB official seemed bemused by the question. 'We are not concerned,' he said. 'We would neither promote nor hinder it.' Now, ... the US dollar, means the yuan has actually fallen by 5.5 per cent against the euro. Since mid-2001 the yuan has fallen by a third against the euro. Over the same period, the EU's monthly ...

  10. 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 ...




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