From http://www.catalannewsagency.com/news/business/european-central-bank-%E2%80%9Ccatalonia-better-condition-recover-crisis-rest-spain%E2%80%9D (in English)
According to José Manuel González-Páramo, the Spanish representative in the Executive Board of the European Central Bank (BCE), Catalonia is the Spanish autonomous community that can have a quicker recovery from the present crisis. According to Mr. González-Páramo, better industrial specialisation and greater export vocation compared to other Spanish communities are two of the factors that may be instrumental for this recovery.
Wednesday, October 27, 2010
Quicker economic recovery expected in Catalonia
From http://www.catalannewsagency.com/news/business/european-central-bank-%E2%80%9Ccatalonia-better-condition-recover-crisis-rest-spain%E2%80%9D (in English)
According to José Manuel González-Páramo, the Spanish representative in the Executive Board of the European Central Bank (BCE), Catalonia is the Spanish autonomous community that can have a quicker recovery from the present crisis. According to Mr. González-Páramo, better industrial specialisation and greater export vocation compared to other Spanish communities are two of the factors that may be instrumental for this recovery.
According to José Manuel González-Páramo, the Spanish representative in the Executive Board of the European Central Bank (BCE), Catalonia is the Spanish autonomous community that can have a quicker recovery from the present crisis. According to Mr. González-Páramo, better industrial specialisation and greater export vocation compared to other Spanish communities are two of the factors that may be instrumental for this recovery.
Tuesday, October 26, 2010
More than 70 million visitors at the Shanghai Expo 2010
From http://www.earthtimes.org/articles/news/350315,shanghai-world-exposition-tops-70-million-visitor-mark.html (in English)
Now at its final week, the Shanghai Expo 2010 has surpassed the 70 million visitors mark, breaking the record of the Osaka Expo of 1970 which received 64.2 million visitors.
Now at its final week, the Shanghai Expo 2010 has surpassed the 70 million visitors mark, breaking the record of the Osaka Expo of 1970 which received 64.2 million visitors.
More than 70 million visitors at the Shanghai Expo 2010
From http://www.earthtimes.org/articles/news/350315,shanghai-world-exposition-tops-70-million-visitor-mark.html (in English)
Now at its final week, the Shanghai Expo 2010 has surpassed the 70 million visitors mark, breaking the record of the Osaka Expo of 1970 which received 64.2 million visitors.
Now at its final week, the Shanghai Expo 2010 has surpassed the 70 million visitors mark, breaking the record of the Osaka Expo of 1970 which received 64.2 million visitors.
Monday, October 25, 2010
Favourable expectations for sales of Spanish wines in China and Hong Kong
From http://www.icex.es/icex/cda/controller/pageICEX/0,6558,5518394_5519005_6366453_4408680,00.html (in Spanish)
The Observatorio Español del Mercado del Vino (Spanish Observatory of the Wine Market, OeMv) has issued a report on the wine market on the world's leading emerging economies, such as Brazil, Russia, India, China and Hong Kong. Since 2002, exports to China are reflecting a steady growth due to the increase in wealth of the urban medium and high classes, which account for 70-90 million people in China alone. Red wine accounts for more than 90% of the sales but some local specificities, such as the appreciation of Chinese people for sweeter tastes, should also be taken into account in the wine sector.
The situation in Hong Kong is remarkably different. The 2008 abolition on taxes on wine imports was an important step on the announced strategy of becoming the gate to Asia for this product. Surprisingly, in 2009 Hong Kong already became the second world capital in wine sales through auctions, ahead of London and just behind New York City. The percentage of wine consumption related to the consumption of other alcoholic beverages is 13%, one of the highest in Asia.
The Observatorio Español del Mercado del Vino (Spanish Observatory of the Wine Market, OeMv) has issued a report on the wine market on the world's leading emerging economies, such as Brazil, Russia, India, China and Hong Kong. Since 2002, exports to China are reflecting a steady growth due to the increase in wealth of the urban medium and high classes, which account for 70-90 million people in China alone. Red wine accounts for more than 90% of the sales but some local specificities, such as the appreciation of Chinese people for sweeter tastes, should also be taken into account in the wine sector.
The situation in Hong Kong is remarkably different. The 2008 abolition on taxes on wine imports was an important step on the announced strategy of becoming the gate to Asia for this product. Surprisingly, in 2009 Hong Kong already became the second world capital in wine sales through auctions, ahead of London and just behind New York City. The percentage of wine consumption related to the consumption of other alcoholic beverages is 13%, one of the highest in Asia.
Favourable expectations for sales of Spanish wines in China and Hong Kong
From http://www.icex.es/icex/cda/controller/pageICEX/0,6558,5518394_5519005_6366453_4408680,00.html (in Spanish)
The Observatorio Español del Mercado del Vino (Spanish Observatory of the Wine Market, OeMv) has issued a report on the wine market on the world's leading emerging economies, such as Brazil, Russia, India, China and Hong Kong. Since 2002, exports to China are reflecting a steady growth due to the increase in wealth of the urban medium and high classes, which account for 70-90 million people in China alone. Red wine accounts for more than 90% of the sales but some local specificities, such as the appreciation of Chinese people for sweeter tastes, should also be taken into account in the wine sector.
The situation in Hong Kong is remarkably different. The 2008 abolition on taxes on wine imports was an important step on the announced strategy of becoming the gate to Asia for this product. Surprisingly, in 2009 Hong Kong already became the second world capital in wine sales through auctions, ahead of London and just behind New York City. The percentage of wine consumption related to the consumption of other alcoholic beverages is 13%, one of the highest in Asia.
The Observatorio Español del Mercado del Vino (Spanish Observatory of the Wine Market, OeMv) has issued a report on the wine market on the world's leading emerging economies, such as Brazil, Russia, India, China and Hong Kong. Since 2002, exports to China are reflecting a steady growth due to the increase in wealth of the urban medium and high classes, which account for 70-90 million people in China alone. Red wine accounts for more than 90% of the sales but some local specificities, such as the appreciation of Chinese people for sweeter tastes, should also be taken into account in the wine sector.
The situation in Hong Kong is remarkably different. The 2008 abolition on taxes on wine imports was an important step on the announced strategy of becoming the gate to Asia for this product. Surprisingly, in 2009 Hong Kong already became the second world capital in wine sales through auctions, ahead of London and just behind New York City. The percentage of wine consumption related to the consumption of other alcoholic beverages is 13%, one of the highest in Asia.
Sunday, October 24, 2010
Taiwan business indicators in August 2010 reflect economy's stready growth
From http://www.cepd.gov.tw/encontent/m1.aspx?sNo=0014298 (in English)
According to the press release by the Council for Economic Planning and Development, Taiwan economy continued its steady growth. A complete revision of the economic indicators of August 2010 can be found on the pdf report that can be downloaded from http://www.cepd.gov.tw/encontent/dn.aspx?uid=9030.
According to the press release by the Council for Economic Planning and Development, Taiwan economy continued its steady growth. A complete revision of the economic indicators of August 2010 can be found on the pdf report that can be downloaded from http://www.cepd.gov.tw/encontent/dn.aspx?uid=9030.
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