• Mon
  • Apr 21, 2014
  • Updated: 12:41am

Industrial production

Slowdown fears as Chinese economy grows by 7.5pc

China’s economy grew 7.5 per cent in the second quarter, its slowest pace in a year, though data from the National Bureau of Statistics on Monday revealed that resilience in the domestic sector helped offset a decline in the rate of expansion in the export-oriented indust

Monday, 15 July, 2013, 10:48pm 4 comments

Hong Kong firms fear more disruption at their plants in Bangladesh

Angry labourers started taking to the streets the day after the disaster, blocking major highways to several industrial areas outside the capital, Dhaka.

2 May 2013 - 10:29am 1 comment

Long-standing myth of double standards haunts multinationals

A long-standing myth among mainlanders holds that Japanese car makers have secretly maintained three quality standards - the cars sold in Japan have the highest quality, followed by those in the United States and Europe, where the protection of consumer rights is strict, and that those sold in the developing countries including China receive less quality control but fetch higher prices because of strong demand and lax regulation.

25 Mar 2013 - 11:57am 6 comments

China must avoid creating more problems with action on overcapacity

At the Central Economic Work Conference late last year, overcapacity was highlighted as a problem prioritised for action this year. So, just before the Lunar New Year, 12 ministries and state commissions jointly rolled out a plan to push for mergers in key industries including carmaking, steel, cement, shipbuilding, aluminium, rare earths, electronics, pharmaceuticals and industrialised agriculture.

28 Feb 2013 - 3:37am

China spending to cushion slowdown

The mainland's economy has shown resilience and undergone a gradual transition towards being driven by domestic consumption, says Goldman Sachs economist Jim O'Neill.

26 Nov 2012 - 2:51pm

Robots are set to do more of China's dirtiest jobs

In China, there's no better time to be a robot. Pictures from this month's International Industry Fair in Shanghai show them duelling with light sabres, playing ping-pong and performing Chinese lion dances, fully costumed up. One shows a female humanoid robot in a white woollen coat shaking hands with a visitor.

18 Nov 2012 - 4:37am

Economists forecast recession for Japan

Slumping profits of manufacturers from robots to cosmetics in Japan threaten to suppress investment and wages, adding to the likelihood of recession after the economy probably contracted last quarter.

9 Nov 2012 - 3:59am

Slower revenues hampers Beijing spending

The mainland spent more than planned in the first nine months of this year and revenue gains moderated, leaving little room for public outlays to stoke the economy this quarter without an expansion of the budget.

30 Oct 2012 - 4:25am

Industrial profits see first rise in six months

Mainland industrial companies' profits rose last month for the first time in six months, adding to signs growth is picking up after a seven-quarter slowdown.

28 Oct 2012 - 5:19am

The dark cloud behind China's new silver lining

Financial market players have no doubt that the economic data Beijing released last Thursday were a good thing.

Sure, the headline number was hardly impressive. At 7.4 per cent in the third quarter, China's year-on-year growth rate was the lowest since the financial crisis of early 2009.

23 Oct 2012 - 4:19am 1 comment