China Economic Review - Alpha http://www.chinaeconomicreview.com/rss/cer-alpha en copyright 2014 chinaeconomicreview.com Weak GDP growth in Q3 increases concerns about annual target http://www.chinaeconomicreview.com/weak-gdp-growth-q3-increases-concerns-about-annual-target <p>China's gross domestic product grew 7.3% in the third quarter year-over-year, the slowest rate since 2009, <a href="http://www.reuters.com/article/2014/10/21/us-china-economy-gdp-idUSKCN0IA05W20141021" target="_blank">Reuters</a> reported, citing official data released Tuesday. The pace is the weakest since the global financial crisis, and a pick-up in factory output and government confidence that the labor market remains stable were offset by further slowing in the property sector. Thu, 01 Jan 1970 08:00:00 CST Chinese presence in Ebola-struck West Africa falls sharply http://www.chinaeconomicreview.com/chinese-presence-ebola-struck-west-africa-falls-sharply <p>The number of Chinese living in countries affected by Ebola has dropped sharply and some Chinese companies have evacuated workers, disrupting trade and putting further strain on economies in West Africa, <em><a href="http://online.wsj.com/articles/ebola-fears-spark-china-pullback-in-west-africa-1413915515?tesla=y&amp;mg=reno64-wsj" target="_blank">The Wall Street Journal</a></em> reported, citing official figures. In August, the Commerce Ministry estimated 20,000 Chinese lived in Ebola-affected countries; today, about 10,000 Chinese live in the same area, the Foreign Ministry said. Thu, 01 Jan 1970 08:00:00 CST Shipping rates for iron ore see record jump amid China purchases http://www.chinaeconomicreview.com/shipping-rates-iron-ore-see-record-jump-amid-china-purchases <p>Daily rates for vessels shipping iron ore jumped a record 38%, to US$12,580, as China bought record amounts of the commodity, <a href="http://www.bloomberg.com/news/2014-10-21/ship-rates-rise-most-on-record-as-china-seen-buying-ore.html" target="_blank">Bloomberg</a> reported, citing data from London's Baltic Exchange shipping bourse. The rise in rates for Capesize vessels that haul about 160,000 metric tons comes as China's growth has slowed; the country received an average of 77.72 million tons a month this year according to customs data. Thu, 01 Jan 1970 08:00:00 CST $497m water treatment project goes to Veolia Environnement http://www.chinaeconomicreview.com/497m-water-treatment-project-goes-veolia-environnement <p>Europe’s largest water company, Veolia Environnement SA (VE.NYSE), received industrial water treatment contracts from a unit of China’s biggest steelmaker in Hebei province, <a href="http://www.bloomberg.com/news/2014-10-21/veolia-wins-497-million-of-water-works-from-china-steelmaker.html" target="_blank">Bloomberg</a> reported. Thu, 01 Jan 1970 08:00:00 CST Costco working with Alibaba to enter Chinese market http://www.chinaeconomicreview.com/costco-working-alibaba-enter-chinese-market <p>American retailer Costco Wholesale (COST.NASDAQ) is partnering with Alibaba (BABA.NYSE) for its expansion into China, <em><a href="http://www.nytimes.com/2014/10/21/business/international/to-limit-risks-as-it-enters-china-costco-works-with-alibaba.html?partner=yahoofinance&amp;module=Search&amp;mabReward=relbias%3Ar%2C%7B%222%22%3A%22RI%3A12%22%7D&amp;_r=0" target="_blank">The New York Times</a> </em>reported. Thu, 01 Jan 1970 08:00:00 CST