Posts Tagged ‘ China Economy ’

China’s Economy Weakens as Global Crisis Lingers

June 3, 2012
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China’s slowdown in manufacturing activity and other vulnerabilities throughout Asia have weakened the region in the face of the European crisis. Its position as the stronghold against Europe’s devastating situation and the U.S.’s disappointing recovery is fading away. Pascal Lamy of the World Trade Organization said Asia is becoming more and more “interconnected with the rest of the planet and I don’t think this relative immunity will be forever. “I would expect, given what is happening in other parts...

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Standard & Poor’s Downgrade; Asian Stocks Slip

January 16, 2012
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Standard & Poor’s recently downgraded nine European countries, including France. The ratings imply that a solution to the issues in the region has yet to be found as the Eurozone debt crisis festers. Though the downgrades were expected by many, the situation remains shaky as concerns begin to spread. “The downgrade set a nervous for this week’s markets as we approach more significant hurdles in the evolution of the Eurozone crisis,” said Ric Spooner of CMC Markets. Asian stocks...

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China’s Factor Sector Drops to Three-Year Low

November 24, 2011
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China’s factory sector decreased dramatically, the most in 32 months, in fact, as the economy continues to weaken and concerns regarding a global recession heighten. The severe fall in the HSBC flash PMI from 51 to 48 this past month reflects domestic weakness as a result of less output and new orders, even as exports increase. The flash PMI was the lowest since 2009. Added to the already unstable world economy, the news has sent financial markets into a...

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Asia’s Trade Increases, China Strengthens Relations with Canada

August 30, 2011
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Though the Global Financial Crisis has not been resolved, the increase in Asian trade has encouraged many investors and companies to resume business in Chinese operations. APM Terminals, for example, the port operations division of AP-Moller Maersk Group, has recently announced it will be continuing its investments in the region following a short pause as a result of the crisis. Martin Christiansen, the division’s chief operating officer and head of its Asian-Pacific operations said “We are actively looking for...

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