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Are we having a blue Christmas concerning insipid global conditions?
TIER business composite indicators keep on plunging |
| Is most of the world actually having a blue Christmas this year, as the global economic conditions are turning weaker with the US as the only exception? The present global conditions provide further uncertainties to world economic outlook. In spite of the fact that the economic performance of US has preceded most countries, the majority of the world has remained frail with extremely slow growth. The US adjusts its third quarter growth from 2.4% to 2.7% on a y-o-y basis thanks to its stronger domestic demand. Quite the contrary, the European economy is still suffering from the hardships of deflationary pressure and structural unemployment with a tepid growth rate of only 0.8% y-o-y for the third quarter. Japan’s sales tax hike in April this year not only failed to fix its serious fiscal problem but also added more recondite concerns to its paltry domestic demand. ...Read more |
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| Gov't delegation to attend Indian investment summit |
| The delegation will comprise officials from the ministries of economic and foreign affairs and business representatives, said Elliott Charng, director general of the MOFA's Department of East Asian and Pacific Affairs.(Source: The Chinapost) |
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Taiwan Economic Research Monthly
Lessons on Taiwan's privatized energy entrpreneurs |
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The Chinese Petroleum Corporation (CPC) - Its privatized planning, strategy and outlook
 The CPC’s mission is to provide quality of life and resources then to stimulate national economic prosperity with its core values of integrity, innovation, talent development, safety and security, caring for the Environment and social responsibility. Under the privatized planning, the CPC should continue to improve service and product quality as well as maintain customer relations and value.
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