Showing posts with the label China

China to add 10mn tonnes aluminum capacity: Adkins

ASIF IQBAL DOHA CHINA’S aluminum industry will produce around 10 million tonnes of new aluminium capacity despite global cost curve and is forced to import most of its raw materials for the industry…

Economy of China, India set to surpass G7: OECD

REUTERS LONDON CHINA’S economy is likely to overtake the eurozone’s this year, India is leapfrogging Japan and by 2030 the Asian pair will be bigger than the United States, euro area and Japan combi…

Honda cuts profit forecast as sales slump in China

REUTERS TOKYO HONDA Motor Co cut its full-year net profit forecast by a fifth after sales in China were hit by a popular backlash against Japanese goods, and warned it could be February before busin…

Sinopec profit falls 9% in Q3 on low China growth

REUTERS HONG KONG CHINA’S Sinopec, Asia’s largest refiner, posted a 9.4 percent fall in third-quarter profit after its petrochemical business swung to a loss due to the slowing Chinese economy, offs…

Europe, China do not need a trade war: Gucht

REUTERS BRUSSELS THE European Union will not back down from protecting its industries against Chinese competition it sees as unfair, but mutual selfinterest will prevent a damaging trade war, the EU…

Qatar Holding wins QFII status to invest in China

REUTERS SHANGHAI CHINA’s securities regulator granted investment licences Qatar Holding to and six other overseas institutional investors in September, allowing them to buy Chinese stocks and bonds.…

Bernanke defends Fed stimulus as China, Brazil raise concerns

REUTERS TOKYO FEDERAL Reserve Chairman Ben Bernanke said on Sunday it was far from clear that the US central bank’s highly stimulative monetary policy hurts emerging economies, defending a policy ra…
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