Friday, January 14, 2011

Catalonia, strategic destination for Hong Kong and Singapore companies

From http://www.acc10.cat/ACC1O/cat/empresa-ACC1O/premsa/noticies-notes-premsa/101201x.jsp (in Catalan)

Some 40 local companies have recently attended the conference "Barcelona-Catalonia, Gateway to Europe", which was organized in Hong Kong and was aimed at promoting Catalonia as a strategic area for company investments. Another conference, "Barcelona-Catalonia, the Logistics Hub in Europe", was organized in Singapore the following day and was aimed at highlighting Catalonia as a main logistic center in southern Europe. The Catalan delegation included top staff from Invest in Catalonia and the municipality of Barcelona.  The conference in Singapore was organized in collaboration with Singapore Logistics Association and Singapore Airlines Cargo, who explained the reasons of their investments in Catalonia, and had the participation of representatives of the Maritime and Port Authority of Singapore, currently the most important logistic center in the world.

Catalonia's inflation rate in 2010 reaches 3.0%

From http://www.catalannewsagency.com/news/business/inflation-rate-catalonia-set-3-2010 (in English)

With the increase of 0.7% of the December, 2010 inflation rate in Catalonia has reached 3.0%, the same annual value for overall Spain. This increase in the final month has been caused mostly by the increase of prices of tobacco and fuel.

Sunday, January 9, 2011

List of Chinese-Spanish agreements

From http://www.icex.es/icex/cda/controller/pageICEX/0,6558,5518394_5519005_6366453_4426995,00.html (in Spanish)

The above website address offers the detailed list of the sixteen agreements in the recent visit of Li Keqiang to Spain, twelve of economic collaboration and four between the governments.

China promises to buy Spanish bonds

From http://www.ft.com/cms/s/0/e6007b9c-18f2-11e0-9c12-00144feab49a.html#axzz1AUBoBAO8 (in Spanish)

Li Keqiang, Chinese deputy premier, has recently visited Spain and promised to buy sovereign bonds to help the eurozone come out of its public debt crisis. During his visit, he met Spanish primer minister, José Luis Rodríguez Zatapero, and King Juan Carlos. Deals include agreements to sell Spanish olive oil, wine and ham, plus a contract to supply air traffic control systems to China, a banking cooperation agreement and an extension of the cooperation between Sinopec and Repsol. China is also seeking the lifting of the EU embargo on arms sales and a better access to European markets.

Saturday, January 8, 2011

Deputy mayor of Barcelona visits China for business exchange

From http://www.expansion.com/2011/01/04/catalunya/1294148094.html (in Spanish)

First deputy mayor of the City of Barcelona, Jordi William Carnes, has travelled to China to sign an agreement with the Tongxiang textile industry cluster, near Shanghai, in order to create a logistics centre in the Catalan capital. In this same trip, he will also sign an agreement for the economic collaboration with the municipal government of Wenzhou, and is supposed to have a meeting with the organizers of the Shanghai Motorshow. On return, a delegation of members of the Chinese fashion world is scheduled to visit Barcelona on mid January.

Tuesday, January 4, 2011

China buys Spanish debt

From http://www.earthtimes.org/articles/news/360505,help-eu-overcome-crisis.html (in English)

In the eve of his immediate visit to Spain, Chinese Vice Premier Li Keqiang confirmed that China will continue buying Spanish public debt as a sign of trust on the recovery of its economy. Chinese and Spanish governments expect to reach agreements on the banking and on the renewable energy sectors. At the same time, Spain is favouring that the European Union lifts the arms embargo applied to China after the Tiananmen massacre of 1989.

Monday, January 3, 2011

Official data on Singapore economy in 2010

From http://www.earthtimes.org/articles/news/360335,economy-grows-147-cent.html (in English)

Former estimations have been confirmed and Prime Minister Lee Hsien Loong announced that Singapore economy grew by a record 14.7% in 2010. He also highlighted the measures undertaken to support the low- and medium-income population through public assistance schemes and lower tax rates. Estimations for growth in 2011 range between 4 and 6%.