China has been releasing water from a number of its dams in an attempt to help relieve the drought in Southeast Asia.Much of the region has been struggling to cope with the severe weather which is hotter and drier than usual because of strong El Nino.Thailand is experiencing its worst drought in more than a decade with 14 out of 76 provinces badly affected.The situation in Vietnam is not so good either with the country suffering its worst drought in 90 years.Rice crop has been decimated across central and southern parts of Vietnam and around 1.8 million people are facing water shortage.China h...
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2016
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浏览次数：47
It is the slowest quarterly growth in the Chinese economy in seven years, but in line with expectations and China’s own growth targets.In the final quarter of last year, the economy expanded by 6.8%.Friday’s figures confirm the slowing trend in the world’s second largest economy.But there are pockets of growth. Investment in industrial assets and infrastructure registered a surprise jump by 10.7% in the three months to March, when compared to the same period last year.Consumers also appear to be spending, with retail sales showing a robust 10.5% jump for March.That fits Beijing’s attempts in r...
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2016
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China’s electricity consumption rose at a faster pace in March as economic activity and residential demand picked up, data from the country’s top economic planner showed on Wednesday.Power consumption rose 5.6 percent year on year last month, reaching 476.2 billion kilowatt hours (kwh), said Zhao Chenxin, spokesperson for the National Development and Reform Commission, at a press conference.The growth accelerated by 1.6 percentage points from February and improved markedly from a 2.2-percent contraction in March last year.For the first quarter of 2016, power use increased 3.2 percent year on y...
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2016
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The trade picture in the world’s second-largest economy staged a turnaround in March, with exports rising at the fastest clip since last February, official data revealed on Wednesday.Dollar-denominated exports rose 11.5 percent on-year, recovering from a 25.4 percent slump hit in February that marked a seven-year trough. Imports meanwhile fell an annual 13.8 percent, unchanged from February.That left Beijing with a surplus of 29.86 billion dollars for the month, compared with February’s 32.59 billion dollars surplus.The data sent both the Shanghai Composite (Shanghai Stock Exchange: .SSEC) and...
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2016
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Dubai plans to build a tower that will stand higher than its Burj Khalifa, currently the world’s tallest skyscraper, property developer Emaar said .The viewing tower will cost around 1 billion dollars (880 million euros) and will be "a notch" taller than Burj Khalifa, Emaar chairman Mohamed Alabbar told reporters as he revealed details of the project.But he said that the final height will be announced upon completion, adding that his company would like to present the tower as a "gift to the city before 2020," the year Dubai hosts the world Expo trading fair.Designed by Swis...
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2016
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