A new journey for China in electric car
Thursday, January 15, 2009
Facing the downturn of the auto industry, auto producers have been searching for new breakthroughs to stimulate the dim situation. World significant automobile manufacturers, such as Toyota, GM and Chrysler, have all come up with plans to de ...
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Chinese auto industry try to step into new market
Thursday, December 18, 2008
Chinese auto industry seems to go against the stream in the economic downturn. Chang'an Automobile and Shanghai Automotive Industry Corporation (SAIC) plans to acquire Volvo Cars brand. Recently they had separate talks with Ford to discuss f ...
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Downturn in Asian packaging consumption and investment
Tuesday, December 09, 2008
Paper industry is one of the pillar industries in Finland. Amid the global economy downturn, it is deeply affected too. Recently Hannu Mälkiä, the head of Metso’s paper and board machines unit, said that Metso saw packaging investm ...
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Chinese 3G licenses
Monday, December 01, 2008
The global financial crisis has already deeply influenced many business fields in China. Telecom industry reported negative growth rate recently. Only 3,22 million new mobile phone subscribers registered in October, 2008, lower than ...
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NEFCO Carbon Fund invests in wind energy and small hydropower in China
Tuesday, November 25, 2008
The Nordic Environment Finance Corporation (NEFCO) announced recently that one of its important funding body-Carbon Fund (NeCF) had signed agreements to invest in a wind energy project and a small hydro project in China which could help to r ...
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China's 4 trillion RMB to boost domestic demand
Sunday, November 09, 2008
China announced recently that it would adopt a domestic economy stimulus plan. As reported by Geoff Dyer, Financial Times, “the announcement reflects mounting anxiety in Beijing that China’s economy is cooling much more quickly than was init ...
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Finland + China = Business Opportunities
Tuesday, October 28, 2008
Finnish Ambassador, Antti Kuosmanen was interviewed by China Daily on Oct, 24. He said "The world is facing new and unprecedented challenges, as shown by the current economic turmoil. Finland wants to use Asia-Europe meeting to address ...
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Chinese business hard hit by global financial crisis - chances still exist
Tuesday, October 21, 2008
With the impact of the global financial crisis, this Q3’s Chinese annual growth rate fell to 9% well below the most pessimistic forecasts. This is a sharp deceleration from last year’s almost 12% growth rate. It may also be a problem to the ...
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“The Next Wave of Growth” -Summer Davos Forum
Monday, September 29, 2008
On September 28, the 2008 Summer Davos Forum, also known as the Annual Meeting of the New Champions 2008 of the World Economic Forum, ended successfully in Tianjin, a city near Beijing. There were about 1,400 entrepreneurs, officials and sch ...
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China allows local governments to raise price for heat
Saturday, September 20, 2008
China announced recently that issued a notice, allowing local governments to raise heating prices due to the continuously increasing coal prices. Coal accounts for about 70 percent of the total national energy consumption. Once in 2006, Chin ...
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