Consorzio Italasia, a non profit body, was born with the specific aim of supporting the commercial penetration and industrial co-operation of Italian SMEs in the Asian countries. It has offices in China and Japan.
CONSORZIO ITALASIA
Via Bricherasio, 6 10128 Torino Fiscal Code - VAT Number: 07579360012
Company Register Number: 07579360012
REA Number: 903520
|
 |
News
The yuan rose to its
highest level against the U.S. dollar in five years Tuesday after
China's central bank vowed to make the currency regime more flexible.
The central parity level for the RMB against the U.S. dollar
climbed to 6.7980 Tuesday, 0.43 percent higher than the 6.8275 Monday,
the highest since China unpegged the yuan from the U.S. dollar in July
2005, according to the China Foreign Exchange Trading System.
Japan's core private-sector machinery orders, excluding volatile ones for ships and those for electric power companies, rose a seasonally adjusted 5.4 percent in March from a month earlier, according to the Cabinet Office on Monday.
Highly effective investment in infrastructure by the Chinese government and the urbanization process in China will ensure the continuous rapid growth of the Chinese economy in the next 20 years, said a distinguished economist on Saturday.
US venture capital groups appear to have again put China in their sights, said a report from UK-based Mergermarket Group, an intelligence provider on mergers, acquisitions and private equity.
According to the report, the most high-profile deal this month was US private equity giant Bain Capital's move to acquire a minority stake in Gome, the Chinese electrical appliance retailer, for about $400 million.
China's outsourcing industry has maintained a strong business growth in the first five months of this year although the financial crisis has reduced demand from foreign companies such as big banks and insurance companies.
Wang Chao, assistant minister of commerce, said in an industry forum yesterday that the contract value of China's outsourcing industry reached $2.59 billion from January to March, an increase of 25.9 percent compared with the same period last year.
China saw a surge of investment in railway construction as the country pledged to increase spending as an effort to buoy the world's third largest economy.
In the first five months, China pumped 168.9 billion yuan (24.7billion U.S. dollars) in fixed-asset investment in railways, up 120 percent from a year earlier, the Ministry of Railways said in a statement Wednesday.
SALES of both first and second-hand homes in Shanghai continued to be strong in the first half of this month, with high-end homes highly sought after among buyers.
Nearly 1.02 million square meters of new homes, excluding those designated for relocated residents due to urban redevelopment projects, were sold across the city during the first 15 days of June, an increase of 12 percent from the same period a month earlier, Shanghai Uwin Real Estate Information Services Co said yesterday.
Foreign direct investment (FDI) has been in decline for eight months, but the size of the fall in May was smaller than the one in April, probably signaling an easing off.
In comparison with other economies, China is still poised to be among the first choices for global investors in the next five years, the Ministry of Commerce (MOFCOM) said.
Vietnam could achieve 4.5 percent growth this year, leaving it in better shape than most Asian economies despite the global downturn, the Asian Development Bank (ADB) said Tuesday.
The Manila -based ADB released its annual Asian Development Outlook which said growth in Asia’s developing economies would fall to 3.4 percent this year, with Southeast Asia as a whole almost st
HA NOI — Poor insulation and design is causing a 20 to 30 per cent loss in energy consumption in some buildings, according to an energy saving survey, implemented by the Ministry of Science and Technology in co-ordination with Ha Noi University of Architecture.
|
|
|
