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added: 25-06-2008

With Asian cities growing by over 100,000 people a day, a major rethink is needed on how cities manage growth because the current approach is no longer economically, environmentally or socially sustainable, the Asian Development Bank (ADB) said at the World Cities Summit.

China Consumer Confidence Inched Up in June 2008

added: 25-06-2008

Xinhua Finance eziData China Consumer Confidence Index (CCCI) was updated today, with the survey results showing that although Chinese people in June were faced with a series of negative factors such as continuous aftershocks of the Wen Chuan earthquake, the financial crisis in Vietnam, and a re-falling stock market, consumer confidence did not fall but inched up by 0.2 point to 95.1.

China's Automobile Electronics Market Growing Quickly

added: 22-06-2008

China's automobile industry developed rapidly in 2007. Auto production kept increasing, reaching nearly 9 million, up 22.6% over 2006.

In 2008, China’s Agricultural Machinery Industry Total Output Value Will Increase by 10%-15%

added: 17-06-2008

In 2007, China's development of agricultural mechanization entered the intermediate stage from the initial stage, indicating that China's agricultural mechanization has entered a new historical phase.

Japanese Economy Grew at 4% in the March Quarter

added: 12-06-2008

Japanese economy grew at 4% in the March quarter. That's faster than previously reported, but analysts in Tokyo continue to point out that unreliable Japanese economic statistics make it hard to know what the real situation is. But they do know that oil and fuel costs are rising, as are food costs and inflation generally, while the slowdown in the US and European economies has cut growth in exports in the past six months.

China's Main Cities are Seeing Growing Fuel Shortages

added: 10-06-2008

It's not a reply to the weekend surge in oil prices, but China's latest directive telling lenders to set aside more money to cut bank lending is probably the most effective move it can make, seeing it seems to be baulking at freeing up all commodity prices and won't lift interest rates.

Fitch: Asian Banks in Good Stead for More Challenging Economic Environment

added: 09-06-2008

Fitch Ratings commented that global economic conditions are likely to be characterised by weaker growth and higher inflation for the remainder of the year. However, years of very benign economic conditions have generally enabled Asian banks to strengthen their balance sheets in terms of loans quality and capitalisation, which should hold them in good stead for the more challenging economic environment as the US and some European economies slow.

The Leading Index for Japan Decreased 0.2 Percent

added: 06-06-2008

The Conference Board reports that the leading index for Japan decreased 0.2 percent and the coincident index increased 0.3 percent in April.

Xinhua Finance/MNI China Business Survey: Costs Rising

added: 02-06-2008

Xinhua Finance (TSE Mothers: 9399) and Market News International (MNI), a part of the news service line of Xinhua Finance, today announced the May Xinhua Finance/MNI China Business Sentiment Survey.

Shipments of Converged Mobile Devices in the Asia-Pacific Will More Than Double to 109 Million in 2011

added: 31-05-2008

Unit shipments into Asia Pacific (ex-Japan) are expected to rise from 485 million units in 2008 to 684 million units in 2011.

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