Monthly Archives: January 2015

China, Indonesia pledge for further economic cooperation

Posted on January 28, 2015 by thomasdinnocenzi

China and Indonesia on Tuesday pledged further economic cooperation in areas including trade, investment and infrastructure. Chinese Premier Li Keqiang and Indonesian Coordinating Minister for the Economy Sofyan Djalil met in Beijing for the first High-level Economic Dialogue bilateral meeting. … Continue reading →

Posted in Business, Economy, Global Sourcing | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

China’s use of yuan for cross-border business growing

Posted on January 27, 2015 by thomasdinnocenzi

  China’s central bank says the country’s use of its own yuan currency for cross-border transactions has increased “notably” to 9.95 trillion yuan (US$1.63 trillion) last year. China’s use of its own yuan currency for cross-border transactions has increased “notably” … Continue reading →

Posted in Business, Economy, Global Sourcing | Tagged , , , , , , , , , , , | Leave a comment

ASEAN to declare single market but delays deeper integration

Posted on January 26, 2015 by thomasdinnocenzi

ASEAN will officially call itself a single market by year’s end, but full integration will only come in 2020, says Malaysia’s Minister for International Trade and Industry Mustapa Mohamed. ASEAN will officially call itself a single market by year’s end, … Continue reading →

Posted in Business, Economy, Global Sourcing | Tagged , , , , , , , , , , , | Leave a comment

China’s economy not heading for ‘hard landing’

Posted on January 23, 2015 by thomasdinnocenzi

China’s Premier Li Keqiang on Wednesday (Jan 21) sought to allay fears over the Asian giant’s growth outlook, telling business and government elites gathered in Davos that the economy is not heading for a sharp slowdown. A day after China … Continue reading →

Posted in Business, Economy, Global Sourcing | Tagged , , , , , , , , , | Leave a comment