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 China, Li Keqiang, due for early 2011.
Monday, December 13, 2010
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.
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.
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%
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.
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%).
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%).
Subscribe to:
Posts (Atom)