Last Build Date: Mon, 14 May 2007 16:36:34 -0500Copyright: Copyright 2007
Thu, 19 Apr 2007 13:42:58 -0500(image) China's economy surged 11.1% in the first quarter, causing the country's Cabinet to declare Thursday it will take steps to keep the economy from overheating, reports AP. It was the highest growth rate since Q2 2006's 11.5% growth, the fastest in a decade.
Tue, 10 Apr 2007 10:44:37 -0500(image) China's trade surplus in March fell to $6.9 billion, well below forecasts and down sharply from February's $23.7 billion surplus, reports AP. It was not clear whether the drop in March was the result of government efforts or would have a lasting impact.
Thu, 05 Apr 2007 10:50:00 -0500India's export of services is expected to touch $310.9 billion by 2011/12, powered by the booming software, consultancy, engineering and tourism sectors, according to the Federation of Indian Chambers of Commerce and Industry (FICCI) survey. Services exports could surpass merchandise exports, which are expected to more than double to $305.5 billion in the next five years. India: Projected Exports of Services and Merchandise Services ($ billion) Merchandise ($ billion) 2006 71.6 112.4 2007 91.5 132.7 2008 116.9 156.8 2009 149.2 185.3 2010 190.6 218.9 2011 243.4 258.6 2012 310.9 305.5 [...]
Fri, 23 Mar 2007 09:48:21 -0500(image) China is on course to become the world's second-largest consumer market by 2015, according to Credit Suisse, reports Reuters. Credit Suisse projects that the value of Chinese consumption will hit $8.8 trillion by 2020, fueled partly by a 5% yearly appreciation in the yuan between now and then.
Wed, 21 Feb 2007 11:13:29 -0500(image) China Mobile, the world's largest wireless phone carrier by users, with more customers than the total U.S. population, added a record 4.86 million subscribers in January, taking its total to 306.1 million users. China Mobile stock surged 83% last year.
Wed, 21 Feb 2007 11:03:06 -0500(image) China's export of electronic information products, including computers and communications products, is expected to grow 14% to $390 billion in 2007, according to China's Ministry of Information Industry, reports Xinhua.
Fri, 09 Feb 2007 10:13:26 -0500(image) Indian software and services exports are expected to jump nearly 33% to $31.3 billion during the fiscal year ending Mar 2007. India's Prime Minister Manmohan Singh told Indian IT leaders to be ambitious and aim for IT expots of $80 billion in 2010, nearly fourfold increase in annual exports of from fiscal 2006.