China Focuses on Petrochemical Industry Development

China Focuses on Petrochemical Industry Development






China Focuses on Petrochemical Industry Development China has determined that must shut down outmoded facilities, consolidate production and reduce pollution to increase the competitiveness of its petrochemical industry, according to a government guideline issued Wednesday. The energy sector’s industrial development is hindered by overcapacity along with security and environmental constraints, according to the guideline issued […]






China: Deep Pockets and Digital Trends Drive Consumption

China: Deep Pockets and Digital Trends Drive Consumption






China: Deep Pockets and Digital Trends Drive Consumption For foreign companies targeting the deep pockets of China’s growing middle class, understanding demand and consumption habits are Key. The future of consumption in China is digital, consumer-driven and aided by safe and secure mobile payment systems, according to attendees of the 3-day annual World Economic Forum […]






Unlike US Consumers, China’s Consumer Plan More Spending

Unlike US Consumers, China’s Consumer Plan More Spending






Unlike US Consumers, China’s Consumer Plan More Spending Most Chinese consumers will continue to spend in Y 2016 despite slowing economic growth and market volatility, according to research by Boston Consulting Group (BCG). About 75% of Chinese consumers plan to maintain or increase their spending this year, down from 81% in Y 2015, according to […]






South Korea’s Household Consumption Falling

South Korea’s Household Consumption Falling






South Korea’s Household Consumption Falling Private (household) consumption in South Korea fell in Q-1 on lower household income, a government report revealed Friday. Monthly private consumption averaged 2,669,000 Won (US$2,262) per household during the January-March period, up 0.6% from the same frame last year, according to Statistics Korea. Real private consumption, adjusted for inflation, declined […]






Earth Day Proves The Value of Water And More

Earth Day Proves The Value of Water And More






Earth Day Proves The Value of Water And More April 22, 2016 Ecological principles guide economic strategies to fit 21st Century conditions. Mekong River floodwaters force Vietnamese farmers to erect barricades to protect their fields. From 1980 to 2014, 41 percent of all the economic losses globally, and 27 percent of the fatalities, were from […]