ATI Newswire - Subscriber Only

Air cargo demand continuing to lift a trade recovers

April 6, 2017

GENEVA – The International Air Transport Association (IATA) has released demand growth results for global air freight markets for February 2017 showing an 8.4% increase in demand measured in freight tonne kilometres (FTKs) compared to the same period last year. After adjusting for the impact of the leap year in 2016, demand increased by 12% -- almost four times better than the five-year average rate of 3.0%.

China to stick to “one country, two systems” in Hong Kong, says Xi

April 12, 2017

BEIJING – China’s State newsagency, Xinhua, has reported President Xi Jinping as saying the Central Government is determined to stick to the principles of “one country, two systems”, “Hong Kong people governing Hong Kong” and a high degree of autonomy for the southern city. That determination would not change or waver, he said.

Corporate payments improve in China in 2016, but ultra-long overdues are up

April 5, 2017

HONG KONG - A survey on corporate credit risk management by global credit insurer, Coface, to which 1,017 Chinese companies responded, reveals that corporate payments improved in 2016, with only 68% of respondent companies experiencing overdue payments in 2016 (compared to the previous 5-year average of 80%) and fewer respondents reporting an increase in overdue amounts.

China names Xiongan New Area as new SEZ outside Beijing

April 3, 2017

HONG KONG - China’s has announced the establishment of a new economic zone 100 km south of the capital, Beijing. The Xiongan New Area will encompass three counties, Xiongxian, Rongcheng and Anxin, sitting at the centre of a triangle formed by the capital, Beijing; one of North China’s busiest port cities, Tianjin; and the capital of Hebei province, Shijiazhuang.

Asia-Pacific economies in solid start, but risks have widened: S&P

April 3, 2017

SINGAPORE - While Asia-Pacific economies have started 2017 on a solid note, a number of significant political developments in the region's Big Three economies will shape the baseline and risk scenarios this year and beyond, says ratings agency Standard and Poor’s, pointing to China's National People's Congress in mid-March, the Japanese Prime Minister's nomination to a third term as party head, and Prime Minister Modi’s victory in a key State election.

New data on China's economy reveals job losses, contraction

March 31, 2017

BEIJING - A large-scale, independent survey from the Cheung Kong Graduate School of Business (CKGSB) in Beijing has shed new light on the current state of the Chinese economy.  The most prominent change revealed in the survey of some 2,000 companies in China's industrial sector was a significant rise in product prices in Q4 2016, with production costs seen as the main driving factor.

China industrial profits near six-year high, but slowdown beckons

March 29, 2017

SHANGHAI - Profits at China’s major industrial companies rallied in the first two months of this year to pass the RMB 1 trillion (USD145 billion) mark for the first time on rising commodity prices. Industrial profits surged 31.5% on-year in January and February combined — the fastest pace in nearly six years — to RMB 1.02 trillion, the National Bureau of Statistics said.