China

Markets 28th June 2012

Rise in trade with emerging markets unlikely to offset UK’s euro dependency

LONDON | By 2026 the UK could have increased its international business activity a booming 66 percent. The latest Global Connections trade forecast this week from HSBC Commercial Banking predicted that emerging markets will experience a tipping point in the balance of trade power, where imports will grow faster than exports within the next five years. That's opportunity for British ears. how to get your ex back According to official data,…

Interviews 21st June 2012

The art of deceiving the West without letting it to collapse

BEIJING | China is very good at persuading the international community. Current Chinese leaders had a great master: the strategist Sun Tzu who left a legacy on the art of seducing and wining. No matter what kind of cooperation Beijing has in mind, their main aim is to ensure that a win-win resolution is reached. Cooperating at the expenses of loosing some advantages is not an option. Therefore, one should not…

World economy 12th June 2012

Chinese interest rates: it’s about politics

LONDON | The People's Bank of China eased the cost of credit with a 25-basic point cut on the benchmark interest rates, unlike its counter-parties in Europe. The Chinese central bank set the 1-year lending rate at 6.31 percent from 6.56 percent, and issued new conditions under which retail banks are allowed to offer loans, now with a 20 percent discount instead of the previous official 10 percent. Is the…

World economy 11th June 2012

IN DEPTH | Africans thriving for business, not development aid

make your ex gf come back NEW YORK | She has traveled from South Africa to New York, almost 8,000 miles (13,000 kilometers), to do some useful networking. Melanie Medell, who runs her own textile company in Cape Town, is one of the 47 African women from 37 countries participating in the third annual Africa Women Entrepreneurship Program (AWEP). During three weeks, they will engage in conferences and professional training…

World economy 4th June 2012

Engine failure in China

BEIJING | There’s a huge debate on what’s more appropriate for China: stimulus plans, sound investment or consumption incentives, to avoid the feared hard landing of its economy now that the Chinese model of development seems to be exhausted. The recipe was first applied in coastal areas. Due to its success it was later reapplied in the West to encourage a massive urbanization across the country. Unfortunately, the economic crises…

World economy 26th May 2012

Weekend link fest

A curated selection of links we hope can enlighten us all; some come from our corner, some do from other corners of the net. And as always, our comment widgets are anxious to get your suggestions. How a company becomes a listed company like, let’s say, Facebook Can London pay for the Olympic Games? We give you Mr Hollande Don’t miss how much Africa is growing Hollande tax makes London look…

World economy 25th May 2012

Chinese and Mexican rain of investments come to Spain

By Julia Pastor, in Madrid | China and Mexico made Spain’s day on Friday. Both countries announced several contracts with Spanish companies in very different sectors, injecting some movement in foreign investment flows into the lately much battered euro economy. While China signed agreements for an amount of €500 million, the Mexican oil company Pemex reported it will invest €247 million in Galicia’s naval sector. In his official trip to…

World economy 17th May 2012

Euro zone exporters should look beyond Chinese demand for growth

LONDON | The euro area continued to run a small trade surplus up to March. This is encouraging on account of stronger import prices, led by energy, in the first quarter of the year. But a closer look into the volumes suggests that import volumes are weakening. Estimates from Barclays Capital analysts put the declining at around 1% in January to March 2012 from the same period in 2011, after a…

World economy 17th May 2012

Chinaempleo bridges Chinese labor market and Spanish speaking countries

BEIJING | In a rather competitive environment like China, the Spanish CEO Pedro Fajardo managed to be the very first one in his field by identifying a niche with a big market such the Spanish language. With 100% Spanish capital and without relying in external financial sources, he built Chinaempleo.com by using savings, bank lending as well as revenues from their site and advertising. In less than 2 years the site…

World economy 4th May 2012

China’s PMI: reading between the lines

BEIJING | The question on whether China’s economy is expanding or contracting is like answering whether the glass is half full or half empty. The positive official reading signals that there’s no need to worry. With its PMI index calculated after a sample of more than 800 big (and state-owned) companies, PMI is on the rise and above the 50% for the fifth consecutive month. Conversely, HSBC’s reading doesn’t seem to…

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