China’s vast factory sector contracted again this month and the expected acceleration in euro zone business activity failed to materialize, highlighting the fragile state of a global economy.
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China’s vast factory sector contracted again this month and the expected acceleration in euro zone business activity failed to materialize, highlighting the fragile state of a global economy.
Read more: http://tinyurl.com/qc9o5q6
Chinese consumer demand for gold was up 32% on the year in 2013, to 1,065.8 tonnes, according to the latest World Gold Council report. The value demand for gold in China was $51.6 billion.
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Unless the Chinese government takes steps to cut oil consumption, China’s oil consumption may increase by 60% by 2030. Even worse, over 75% of its oil consumption will have to come from imports. That comes from a new study out by China’s Development Research Center, which highlights China’s alarming trajectory – oil demand will continue to rise and meeting that demand will have to come increasingly from foreign sources. Li Wei, the Director of the Development Research Center, said that China must transform itself to avoid the security and environmental challenges this would bring.
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Give us your tired, your super-rich, your huddled millionaires.
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China’s recent halting of flake graphite production in Pingdu, Shandong, made headlines, and has many investors wondering how supply may shift. Simon Moores, manager of Industrial Minerals Data, tells The Mining Report that he sees an interesting dynamic unfolding in the graphite space over the next five years. As buyers for steel and battery markets compete for limited graphite supplies, the winners will be companies that can deliver the best, tailor-made products. In the meantime, offtake agreements are signaling a new confidence in the sector.
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In the acclaimed Harry Potter series by J.K. Rowling, the villain Lord Voldemort is also known as He-Who-Must-Not-Be-Named, a reference to magical powers so great that most fear to utter his name. But in the latest round of name-calling between China and Japan, Voldemort has become the insult of choice.
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While we’ve packed up the party hats, guzzled the last of the champagne, and already started ignoring our New Year’s resolutions here in the U.S., China’s New Year is about to begin — and it’s poised to be a huge one for investors.
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BEIJING (Reuters) – Zig-zagging left and right through a maze of dark, narrow corridors in a high-rise’s basement, 35-year-old kitchen worker Hu has joined the many thousands of Chinese fleeing fast-rising property prices by heading down – down underground.
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Calgary Economic Development will continue its focus on China in 2014 with a return trade mission planned next fall to attract investment from the economic powerhouse.
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NEW DELHI: India is likely to overtake Japan in 2028 to become the third largest economy in the world after China and United States, according to London-based economic consultancy Cebr.
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