. Space Industry and Business News .




.
TRADE WARS
Foreign investment in China falls in February
by Staff Writers
Beijing (AFP) March 15, 2012


Foreign direct investment in China fell in February for the fourth straight month as key Western economies continue to struggle, official figures showed Thursday.

Investment from overseas companies fell 0.9 percent in February from a year earlier to $7.73 billion, the commerce ministry said, compared with $10 billion in January.

In the first two months of the year, inward investment fell 0.56 percent year-on-year to $17.72 billion.

Investment from the European Union, which is grappling with a sovereign debt crisis, fell 33.32 percent on year to $906 million in the first two months, although US firms invested $525 million in the same period, up 0.87 percent.

Europe and the United States are key trade partners of China and weakness in their economies has been hurting the Asian powerhouse, which relies heavily on exports and investment to drive its economy.

China swung to a huge trade deficit of $31.48 billion in February as the West's economic troubles hurt demand for Chinese-made products.

But commerce ministry spokesman Shen Danyang said on Thursday that exports were typically weaker in the first few months of the year and China would return to a surplus soon.

"Our judgement is that the trade deficit is unlikely to continue," Shen said.

Related Links
Global Trade News




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



TRADE WARS
Hong Kong's school place shortage deters expats
Hong Kong (AFP) March 15, 2012
A shortage of English-language school places in Hong Kong is hurting expatriate families and damaging the city's reputation as a regional business hub, parents and lobby groups say. The situation is driving some companies to look at alternatives such as Singapore, Bangkok and Shanghai, they say. International chambers of commerce have united to pressure the semi-autonomous Chinese's terr ... read more


TRADE WARS
Apple looks to tighten tablet market grip with new iPad

AU Optronics to appeal US price-fixing verdict

PayPal lets shops take payments on smartphones

Russia to build space warning system

TRADE WARS
Northrop Grumman Wins Contract for USAF Command and Control Modernization Program

TacSat-4 Enables Polar Region SatCom Experiment

'See Me' satellites may help ground forces

Boeing and Artel to Provide Commercial Satellite Services to US Government

TRADE WARS
Sea Launch to Launch the Intelsat 27 Spacecraft

SpaceX Signs Launch Agreements With Asia Broadcast Satellite And Satmex

Sea Launch Selected to Launch Eutelsat's W5A Spacecraft

Arianespace to launch Jabiru-1 satellite

TRADE WARS
Navigation devices in market woes

Iris: watch how satcoms help pilots

Smartphones can help track diseases

Court ruling forces FBI to deactivate GPS to track suspects

TRADE WARS
Hydrogen-powered plane completes taxi test

Airbus fears China blocking more A330 sales: source

Chinese diplomat sees airlines turning to Boeing over EU tax

EADS says EU carbon tax blocking Airbus orders from China

TRADE WARS
Biodegradable Transistors - Made from Us

Resetting the future of MRAM

Weak growth seen in PC shipments this year: Gartner

UBC researcher invents "lab on a chip" device to study malaria

TRADE WARS
Investigation of Earth Catastrophes From the ISS: Uragan Program

Multi-Agency Satellite Begins Climate and Weather Studies

TerraSAR-X brings lively winter view into focus

SOA gains control of China's oceanic surveying satellite

TRADE WARS
Dutch 'Repair Cafe' give trash a new lease of life

Variety of toxicants can harm subsequent generations

Environmental crunch worse than thought: OECD 2050 report

Africa to generate more e-waste than Europe by 2017


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement