Thursday, December 30, 2010

Boost of R&D centers in Taiwan

From http://www.cepd.gov.tw/encontent/m1.aspx?sNo=0014642 (in English)

In 2010 15 foreign enterprises have applied to establish R&D centers in Taiwan, which represents an investment of around US$500 million. This boost in R&D applications is a consequence of the signing of the Economic Cooperation Framework Agreement (ECFA) between Taiwan and mainland China and is attracting companies such as ASML of the Netherlands; Microsoft, HP, and IBM of the United States, and IMEC of Belgium.

40% increase in Singapore's manufacturing production

From http://www.earthtimes.org/articles/news/359620,singapores-manufacturing-output-jumps-40-per-cent.html (in English)

Pharmaceutical sector was the main responsable for the overall 39.8% increase year-on-year in November 2010 of the manufacuting output in Singapore, 10% more than the previous month. November's growth of output in the pharmaceutical sector accounted for a spectacular 189% year-on-year. Government's estimations about the growth of Singapore's overall economy in 2010 are at 15%.

Wednesday, December 29, 2010

Chinese economy in 2010

From http://www.expansion.com/2010/12/29/opinion/tribunas/1293654334.html (in Spanish)

2010 has been a landmark year for China's international raising as a superpower. Its economy (5.7 billion US dollars) has overtaken Japan's and has become the second largest in the world, right after US'. Average growth of Chinese economy between 2000 and 2010 has been more than 10%. According to the purchase-power parities (PPPs) calculations, which take into account the differences of the cost of living in each country, China has also been in the second place since 2001, but experts forecast that by 2015 or 2016 it can also overtake US. Estimations also indicate that in 2007 89% of the Chinese population could be classified as "middle class", which gives an idea of the size of the transformation of this society in the few last decades.

Mas appoints the new ministers of Catalan government

From http://www.catalannewsagency.com/news/politics/new-catalan-ministers (in English)

President Artur Mas has appointed the ministers of the new Catalan government, which have been reduced from 15 to 12, as the first measure to tackle the deficit of the administration. For anyone interested in the biographical details, the above link contains a brief summary of the CV of each of the ministers.

Friday, December 24, 2010

Interview to young Chinese-Catalan entepreneur Jiajia Wang Liu

From http://www.lavanguardia.es/lacontra/20101220/54089895005/mis-padres-dormian-en-la-banera-para-que-yo-estudiara.html (in Spanish), http://cac.drac.com/?p=579 (in Catalan) and http://www.elpunt.cat/noticia/article/7-vista/8-articles/332806-conte-de-la-xina.html (in Catalan)

Jiajia Wang Liu was born near Wenzhou, in south-east China and her family moved to Catalonia in 1997, when she was only 8 years old. Her parents had to move out of China since they were outlawed for having more than one child. She had tough childhood years, but she struggled to finish high school and to enter the Pompeu Fabra University, where she got a degree in business administration. She received a grant to upgrade her studies at the John F. Kennedy School of Government at Harvard University. She has recently received the UPF Emprèn 2010-Fundació Banc Sabadell award of 20,000 euros for the idea that she plans to turn into her own business: a publishing company aimed at producing educational materials for the Chinese children adopted by Catalan families, so they can learn their mother language. Jiajia masters Chinese, Catalan, Spanish and English.

Two interviews and an article descriving how she got the award can be downloaded from the links at the top.

Slight growth of Catalan economy

From http://premsa.gencat.cat/pres_fsvp/AppJava/notapremsavw/detall.do?id=60288 (in Catalan)

Catalan gross domestic product has shown a slight increase of 0.2% year on year in the third trimester of 2010. According to the Statistical Institute of Catalonia (Idescat), a positive growth was not seen since the second trimester of 2008, helped by the recovery of exports.

Thursday, December 23, 2010

Artur Mas, new President of the Catalan government

From http://www.catalannewsagency.com/news/politics/artur-mas-voted-129th-president-catalan-government (in English)

As expected according to the results of the elections to the Catalan Parliament of November 28, 2010, the leader of the Catalan moderate coalition CiU, Artur Mas, has been invested President of the Catalan Government. Artur Mas is the 129th President and succeeds José Montilla, from the Socialist's Party of Catalonia (PSC). A detailed political biography of Artur Mas can be read here.

Monday, December 13, 2010

Spanish Minister Miguel Sebastián travels to China to tighten commercial relationships

From http://www.expansion.com/2010/12/12/economia/1292172196.html and http://www.expansion.com/2010/12/13/empresas/energia/1292240470.html (in Spanish)

Spanish Minister of Industry, Trade and Tourism, Miguel Sebastián, has traveled to China in order to tighten commercial relationships between this country and Spain. He is expected to meet representatives of important Chinese companies and government representatives in order to favour trade in the automobile and energy sectors, with a special aim at nuclear energy. This trip serves also as a preparation step for the future visit to Spain of the Executive Vice-Premier of ChinaLi Keqiang, due for early 2011.

Saturday, December 11, 2010

Inflation in China rises above 5% in November

From http://www.earthtimes.org/articles/news/357642,inflation-hits-28-month-high.html and http://www.chinapost.com.tw/china/business/2010/12/12/283332/Jump-in.htm (in English)

The consumer price index in China rose by 5.1% in November 2010, 0.7% up from the 4.4% of October. Food products have been the main factor for this important increase in inflation, since they grew 11.7% year-on-year. After the increase of interest rates of last October, another one is expected early next year in order to have inflation under control. Other economic indicators of this past November are a 13.3% increase year-on-year in the industrial output and a 18.7% increase year-on-year in retail sales.

Friday, December 10, 2010

Water supply in China under threat

From http://eng.tibet.cn/news/today/201012/t20101209_779531.htm (in English)

If Chinese water resouces were already in trouble, authorities recently revealed that the expected rapid urbanization during the coming 12th Five-Year Plan (2011-2015) can seriously threaten the country's water supply in the next decades. Apart from whatever effects climate change can cause, the increase in water use, together with the expected increase in the release of pollutants into the environment are seriously affecting rivers such as the Haihe, in Beijing, the Huaihe, which marks the boundary between China's north and south, or the Huanghe (Yellow River), to name a few. This situation poses a great challenge on the present and future management of water resources in China, but at the same time offers opportunities for water companies to test their know-how and equipments to help reverse this dramatic situation.

Thursday, December 9, 2010

Taiwan's exports keep on growing

From http://washingtonexaminer.com/news/business/2010/12/taiwan-exports-surge-22-percent-november (in English)

Thanks to a strong demand of high-tech products in China, Hong Kong, United States and Europe, Taiwan's exports grew 22% in November 2010, totalling 24.4 billion US dollars. The growth rate of Taiwan's economy in 2010 has been projected at 10%, whereas estimates for 2011 show a decrease to a moderate 4.5%

Wednesday, December 8, 2010

Advertisement of Borges olive oil, Taichung, Taiwan

When recently walking in the center of Taichung City, Taiwan, I was surprised by this big advertisement of Catalan olive oil Borges in Chinese.

Saturday, December 4, 2010

Eurofragance grows 46% and aims at China and Brazil

From http://www.expansion.com/2010/12/01/catalunya/1291240365.html (in Spanish)

Catalan company Eurofragance, specialized in the production of fragances and flavours, is expecting to finish year 2010 with sales reaching 32 million euros, an increase of 46% compared to year 2009, and with a gross profit of 8 million euros. These excellent results have been caused by the increase of the exports, which account for 80% of the sales. For next year, Eurofragance is planning to open factories in China and Brazil. Eurofragance is the third largest company of this sector in Spain, right after Lucta and Dallant, also based in Catalonia.

Small decrease of unemployment in November in Catalonia

From http://www.catalannewsagency.com/news/business/unemployment-falls-november-catalonia-564541-people (in English)

According to the Catalan Government, the number of jobless people in Catalonia has shown a small decrease in November 2010. Compared to the previous month, 1,955 people have found a job, mostly in the industrial and construction sectors. However, the total number of unemployed workers is still high, totalling 564.541 people. Unemployment decreased in the provinces of Barcelona (0,63%), Tarragona (0,14%) and Lleida (0,18%) and only increased in the province of Girona (1,55%).