Can China innovate its way out of a prolonged economic growth slowdown? Shaun Rein, managing director of the China Market Research Group, believes so. In his new book, “The End of Copycat China – The Rise of Creativity, Innovation and Individualism in Asia”, he argues that China will start innovating now because it has …
The longest rail link in the world sent a cargo train from China to Spain in early December. Impressive, but does it make any economic sense? When the cargo train from the Chinese manufacturing hub of Yiwu arrived in Madrid on December 9, it was welcomed with a celebration of superlatives. This “21st-century …
Spain to China by rail: A 21st Century Silk Road riddled with obstacles Read More »
Today HSBC published the monthly PMI perspective here are some features of the report: Flash China Manufacturing PMI™ at 49.5 in December (50.0 in November). Seven-month low. Flash China Manufacturing Output Index at 49.7 in December (49.6 in November). Two month high. Data collected 4–12 December 2014.
According to The National Bureau of Statistics of China, in November 2014, Producer Price Index (PPI) for manufactured goods decreased 2.7 percent year-on-year, and decreased 0.5 percent month-on-month. The purchasing price index for manufactured goods went down by 3.2 percent year-on-year, and decreased 0.7 percent month-on-month. On average from January to November, the PPI decreased …
Producer Prices for the Industrial Sector for November 2014 Read More »
Is the “China price” back? After years of hearing about rising wages ending the era of the China price when cheap exports lowered the prices of global manufactured goods, it seems that China has a surprise for the world. Deflation, that is, falling prices, is an issue for the world’s second biggest economy, just as …
As the $133b Hong Kong-Zhuhai-Macau Bridge inches towards completion amid mixed opinions and rising costs, Oswald Tsang explores the potential pitfalls and benefits of the giant structure. The envision of the Bridge Can 50km of concrete, steel and tarmac bring greater integration within the Pearl River Delta region, revive Hong Kong’s flagging economy …
Hong Kong-Zhuhai-Macau Bridge: Will the benefits outweigh the costs? Read More »
How Manufacturing in china can give you and your business a competitive advantage When China opened itself up to the world twenty years ago, many realized how its huge market of almost 1.3 billion consumers could impact the biggest manufacturers and retailers in the world. Few anticipated, however, that China’s large population base would also …
Manufacturing In China Can Give Your Business The Competitive Advantage Read More »
This year, the International Monetary Fund (IMF) has repeatedly lowered its expectations of world economic growth, mirroring the slowdown in world economic development. The IMF predicts that the world economy will grow at 3.3% this year. The prediction indicates that the world economy is recovering but that overall global demand is limited and the international …
China’s sound economic growth is vital for world economic development Read More »
Can the US, in fact, be the new rising star in manufacturing? “We are hands down more competitive than Europeans both because of energy costs and because of lower labour costs,” says Kati Suominen, professor of global economics and management at the UCLA Anderson School of Management. Indeed, according to a 2014 study …
China is big. It’s complex. But can you understand it in just one hour? That’s what Jeff Towson and Jonathan Woetzel argue in “The One Hour China Book” in which they describe the six megatrends shaping China today in just six short stories.In this podcast, Nick Leung chats with the authors about why they …