China is the only country in the world right now where a slowdown in the economy is hailed as a positive sign by analysts worldwide. The national Bureau of Statistics revealed China’s half-yearly figures quoting an expected gradual slowdown in the market which...
The last of China’s ‘Big four’ banks – the Agricultural Bank of China, touted to be the world’s largest initial public offering witnessed a lackluster listing on the Shanghai stock exchange today. The Agricultural bank is scheduled to be...
A KPMG report entitled Pulse Survey: Shared Services and Outsourcing in China released recently pips China’s outsourcing industry ahead of India’s. According to the survey, 42 percent of the respondents said their companies have set up one of their shared...
As energy needs in Asia rise, demand for coal and as a consequence prices of the black fuel are expected to sky-rocket over the next few months. As soon as this year, China is set to overtake Japan as the world’s largest importer of thermal coal. Traders and...
In a major reprieve to Chinese power equipment manufacturers, India on Monday decided not to impose security restrictions on Chinese power equipment imported into the country. Following security concerns on imported Chinese telecom equipment, New Delhi had imposed...
The second half of 2010, as expected will have a stabilizing impact on the global economy, as both India and China reign in costs, balance manufacturing and growth, control monetary spending and sweep up any excess liquidity from the markets. On Monday, China’s...
