. Energy 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
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
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
Report Shows Forest Growth in North Outpacing Other Parts of Country

EU-funded study underlines importance of Congo Basin for global climate and biodiversity

15-year study: When it comes to creating wetlands, Mother Nature is in charge

Sturdy Scandinavian conifers survived Ice Age

TRADE WARS
U.S. Navy OKs test with algal fuel blend

Advanced Biofuels Industry Leaders Urge US Congressional Leaders to Extend Critical Tax Provisions

The Future of Ethanol - Brazilian and US Perspectives

For Lower Gasoline Prices, We Need E100 Engines, Not the Keystone XL Pipeline

TRADE WARS
Intersolar Europe 2012 Spotlights Large-Scale Photovoltaics

NextEra Energy Resources Completes Acquisition of Ontario Solar Projects from First Solar

KYOCERA Supplies Solar Modules for England's First "Zero Carbon Church"

SANYO Solar is to Present Their New Look as Panasonic Solar at Ecobuild

TRADE WARS
Project Financing of Second Largest Wind Park in Italy Completed

US wind generation increases by 27 percent

S.Africa unveils wind atlas in renewable energy push

Masdar of Abu Dhabi procures two ZephIR 300 wind lidars

TRADE WARS
Australia approves huge Chinese coal takeover

Greenpeace targets Australia mining

Beijing aims for coal reductions

Environmentalists in 'fantasy land', says Australia

TRADE WARS
China to vote on controversial criminal law changes

Wen Jiabao: China's man of the people premier

Carter asks Nepal leaders to compromise for peace

China passes controversial criminal law changes


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