InfoAnda - Chinese manufacturing shrinks in December

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

A Minute With: Amanda Peet getting 'Bent' on TV | | 22 March 2012
Exhibition hunts radical solutions in Angolan slums | 14 December 2010
Egypt stocks plunge after Mursi power grab | | 25 November 2012

OCBC adds 5 Sunday Banking branches in key residential areas | 28 November 2008

">Forum Views () ">Forum Replies ()

Read more with google mobile : Chinese manufacturing shrinks in December

Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Chinese manufacturing shrinks in December AP - Monday, January 5 BEIJING - China's manufacturing shrank for a third month in December as export demand fell, suggesting an economic slump is worsening despite government efforts to shield the country from global turmoil, according to data reported Sunday. A key indicator, the Purchasing Managers Index, edged up from November's all-time low but stood at 41.2, below the 50 level that shows activity is shrinking, the government-sanctioned China Federation of Logistics and Purchasing said. Manufacturing is about 40 percent of China's economic output, and a drop in demand for its exports has triggered thousands of factory closures. That has prompted protests by laid-off workers, and communist leaders worry more job losses could fuel unrest. The index of new export orders stood at 30.7, showing a severe contraction, according to the logistics group. Exports fell in November for the first time in seven years and analysts expect more weakness in December when monthly figures are reported this month. The index is based on a survey of 700 manufacturers across China. China's economic growth is expected to fall to about 9 percent this year, down from 11.9 percent in 2007. Analysts have cut 2009 growth forecasts to as low as 6 percent _ a worrisome sign for communist leaders who need to satisfy a public that has come to expect steadily rising incomes. The government is pressing companies to minimize layoffs and has promised to make sure new university graduates can find jobs. On Sunday, China's premier announced a 12-year plan to increase spending on education and vocational training in an apparent effort to stimulate economic growth. "At present, when dealing with the global financial crisis' impact on the Chinese economy, and during the key period of promoting stable and relatively fast economic development, education must be given prominence," Wen said in a statement posted on the central government's Web site. Wen said the government will increase scholarship and grant spending from the 20 billion yuan ($2.9 billion) in 2008, but did not go into specifics. The government also aims to gradually provide free vocational training in rural areas and continue to implement plans to build more middle and elementary schools, Wen said. China spent 26.8 billion yuan ($3.9 billion) on the construction and renovation of elementary and middle schools in rural areas over the last two years, he said. The education program marks the latest government move to try to spur spending by easing the financial burden on families who save heavily for health care, education and retirement. Beijing launched a multibillion-dollar spending package in November to revive growth and is promising companies loans and other aid. But the stimulus is in its early stages, and analysts say it could take several months to see results. The official Xinhua News Agency reported Sunday that China's foreign trade rose by 18 percent in 2008 but gave no details for December, which would give a clearer picture of the health of the economy. Total trade is expected to have reached $2.55 trillion, Xinhua said, citing the Chinese customs agency. It said the trade surplus for the year should be about $290 billion. That would be a new annual record, up 10 percent from 2007's surplus of US$262.2 billion (euro170.5 billion). ___ On the Net: China Federation of Logistics and Purchasing (in Chinese): http://www.chinawuliu.com.cn Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy Chinese manufacturing shrinks in DecemberAP - Monday, January 5 China violates accord with Japan over disputed gas field: reportAFP - Sunday, January 4 Japan Inc. says recovery unlikely this year: pollsAFP - Sunday, January 4 Bank of Japan chief eyes action on strong yenAFP - Sunday, January 4 Related Articles: Business British PM Brown pledges to create 100,000 jobsAP - 17 minutes ago Kuwait bourse fund targets long-term investments -KIAReuters - 36 minutes ago Czechs say gas supplies drop by 5 pctReuters - 2 hours 8 minutes ago Bellway criticised over executive bonusesReuters - 2 hours 39 minutes ago Israel polished diamond exports drop 11.8 pct in 2008Reuters - Monday, January 5 Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed US steel industry in collapse, eyes government aid: report Israeli troops push into Gaza as war toll mounts World's oldest person dies at the age of 115 Rare Bugatti untouched for 50 years could fetch millions: report Vogue editor biggest fashion flop of 08: Time View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

Other News on Sunday, 4 January 2009
Israeli tanks and troops fight Hamas in Gaza
Pakistan arrests former top Taliban figure: security official
Thousands protest in Europe at Gaza offensive | International |
Marines in combat still seek a better flak vest
Israeli ground troops have entered Gaza: army
Marley Songwriting Collaborator, Vincent Ford, Dies
Israeli strike on mosque 'kills 13, wounds 60'
Ghana opposition leader wins presidential election | International |
Strong quake hits off Indonesia's West Papua province: seismologists
S.Korea says domestic power prices too low
Sri Lanka presses on with fight against rebels
Search Called Off For Florida Mission Cruise Ship Crewman
Student Dressed As WWII-Era German Soldier Killed By Seattle Police
AirTran Airways Refuse To Board Nine Muslims
Actor Sam Shepard arrested for DUI in Illinois
Relative unknown to take lead in BBC's 'Dr Who'
Thunder of artillery signals ground push on Gaza
UN Security panel schedules meeting on Gaza fight
Brown plays down fresh bail-out for banks
Israeli ground troops invade Gaza to halt rockets
John Travolta's teenage son dies, autopsy planned
Amid Broadway woes, curtains up in China
Colo. gov names schools chief for Senate vacancy
Two powerful quakes rattle Indonesia
US blames Hamas for growing Mideast violence
Two of four newly appointed Senior Counsel are from AG’s Chambers
Denver schools chief named to fill Senate vacancy
Tsunami alert lifted after strong Indonesian quake
5.9 quake shakes northeast Afghanistan, Pakistan
Series of powerful quakes rock eastern Indonesia
Guam, focus of new US strategy, faces hurdles
Report: AT&T Degrading 2G Network Signal To Make Way For 3G
Guests for the Sunday TV news shows
Israeli tanks, soldiers invade Gaza Strip | International |
France leads alarm over Gaza, splits with US
Taiwan believes China may cut missiles aimed at it | International |
Gazprom urges Ukraine to resume talks on gas crisis
UN Security Council fails to agree on Gaza ceasefire call
Quake hits Indonesia's West Papua, four dead | International |
UN Security Council fails to agree on Gaza statement
Ukraine warns EU of 'serious gas problems' in 10 days
Invading Israeli troops battle Hamas fighters in Gaza
Japan PM: No snap poll before '09/10 budget passes | International |
Put kangaroos, camels on Australian eco-menu: scientists
UN Security Council meets on Gaza
NYC mayor heads to Israel to 'show his support'
Nepal boat sinks, 29 missing: police | International |
Vietnam workers strike over alleged abuses: reports
China violates accord with Japan over disputed gas field: report
Japan Inc. says recovery unlikely this year: polls
Indian minister to take Mumbai evidence to US: reports
Chinese manufacturing shrinks in December
Sri Lankan troops move on Tiger's military base in jungle
Japan's beleaguered PM says no plan for snap election
Japan's beleaguered PM says no plan for snap election
Base jumper survives 60-metre fall with failed parachute
Bank of Japan chief eyes action on strong yen
China arrested almost 1,300 in Muslim west last year: report
S.Korea c.bank vows rate policy to support economy
35 missing in Nepal boat accident: local official
SKorean parliament clashes leave dozens injured: officials
Fireworks factory blast kills 13 in eastern China
Blast at China fireworks factory kills 13: state media
Penn, Hawkins, Israeli film win critics' awards | Entertainment |
Actor Sam Shepard charged with drunken driving | Entertainment |
Series of powerful quakes kills 4 in Indonesia
Series of powerful quakes kills 3 in Indonesia
Hotel collapses after powerful Indonesian quakes
Vilnius, a 2009 European capital of culture
Spoleto Festival USA unveils modest 2009 schedule
Critics pick 'Waltz With Bashir' as best '08 film
Female suicide bomber kills 35 near Baghdad shrine
Female bomber kills 35 at Baghdad shrine | International |
Israeli Arabs on Gaza firing line lack shelter
India to give U.S. Mumbai evidence against Pakistan | International |
Financial crisis a boon to money management websites
Russia-Ukraine gas row disrupts supplies to EU | International |
South Africa's anti-apartheid activist Helen Suzman buried | International |
Thai police to charge club owner over deadly fire
Two more Singaporeans among Bangkok blaze victims
Police: Gunbattle kills 7 in Indian Kashmir
SKorea's opposition party sues parliament speaker
Opposition: No hope for future of Myanmar
2 dead, dozens missing in Nepal boat accident
Sri Lanka pushes ahead with war on rebels
Captured rebel land in Sri Lanka deserted
Female bomber at Shiite shrine in Baghdad kills 38
Africa hails Ghana election as democratic success | International |
New York mayor, in Israel, backs strikes on Hamas
Russia wants warships stationed around the world | International |
Demonstrators try to reach US Embassy in Beirut
Chinese manufacturing shrinks in December
Samurai archery, an ancient sport, still thrives
Pakistan army discovers van packed with explosives
CAN! ambassadors bring YOG spirit to Orchard Rd
Official: Near-freezing cold kills 20 in India
Fund—raising initiative raises S$60,000 by collecting recycled items
Club owner to be charged as Thai fire death toll hits 62: police
CAAS sends condolences to family of Leslie Yeo
Man's Last Gift To Widow, $10m Winning Lottery Ticket
Recycling food waste set to become more popular with growing awareness
Californian Is Now Officially World's Oldest Living Person
Castro Optimistic About Obama Administration
French ski resorts get a lift in business
Ticket Bought By Man On Day Of His Death Wins $10m For His Widow
L.A. Woman Is Now Oldest Person On Earth
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01