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Financial Crisis Forces China Enterprises to Re-evaluate Marketing Strategies

added: 20-03-2009

As competition increases and production costs rise, China B2B suppliers must continuously evaluate their marketing strategies to attract new customers, according to a recent report by Analysys International. The report recommends that enterprises select a strategy that utilizes two or more marketing channels in order to generate the most effective buyer inquiries.

China’s Economy Holding Up Well Despite Major Hit from Global Financial Crisis, says World Bank

added: 19-03-2009

While China’s real economy has been hit hard by the global crisis, it is still holding up, according to the World Bank’s latest China Quarterly Update.

China: Producer Price Index for Manufactured Goods Descended in February 2009

added: 16-03-2009

In February, PPI for manufactured goods was down by 4.5 percent year-on-year; purchasing prices for raw material, fuels and power dropped 7.1 percent.

China: Urban Investment in Fixed Assets Kept Going up in February 2009

added: 13-03-2009

Urban investment in fixed assets stood at 1,027.6 billion yuan from January to February, a year-on-year rise of 26.5 percent. Of which, state-owned and state-holding enterprises invested 448.6 billion yuan, surging 35.6 percent; real estate development valued at 239.8 billion yuan, went up 1.0 percent.

China: Total Retail Sales of Consumer Goods Shot up From January to February 2009

added: 13-03-2009

From January to February, the total retail sales of consumer goods reached 2,008.04 billion yuan, a year-on-year increase of 15.2 percent.

China: Consumer Price Index Decreased in February 2009

added: 12-03-2009

In February, the general level of CPI dropped by 1.6 percent, year-on-year. Of which, urban and rural area was down by 1.9 and 0.8 percent respectively; the price of foodstuff, non-foodstuff, consumable and services dropped 1.9, 1.2, 1.5 and 1.8 percent respectively. CPI kept general level over this January, month-on-month; the price of foodstuff was up by 0.8 percent, of the total, fresh vegetable surged 4.0 percent, while that of fresh egg declined 0.8 percent.

The Conference Board Leading Economic Index for Korea Declined 1.4 Percent in January 2009

added: 11-03-2009

The Conference Board Leading Economic Index™ for Korea declined 1.4 percent while The Conference Board Coincident Economic Index™ for Korea increased 0.1 percent in January.

The DDMA Chinese Consumer Sentiment Index(TM) Declines by 9 points in February 2009

added: 10-03-2009

45% of Chinese consumers reduced spending in February, an increase of 7% over January. Over 85% of consumers are now concerned about the outlook for the economy, while 26% of consumers are concerned about their own job security.

South Asia Can Weather Economic Crisis

added: 09-03-2009

South Asian countries can weather the global financial crisis by taking both short- and long-term measures to stimulate their economies, says a new study commissioned by the Asian Development Bank (ADB).

The Conference Board Leading Economic Index for Japan Decreased 4.7 Percent in January 2009

added: 06-03-2009

The Conference Board Leading Economic Index™ for Japan decreased 4.7 percent and The Conference Board Coincident Economic Index™ for Japan decreased 1.2 percent in January.

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