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%.

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.