Vientiane, Laos: Three contracts have been awarded to China Railway Group subsidiaries for civil works on the first three sections of the Boten-Vientiane railway.
China's Caixin manufacturing PMI soared to 51.2, a full point above the expected 50.2, and followed the semi-official China Federation of Logistics & Purchasing (CFLP) manufacturing PMI for October also at 51.2, data released on Tuesday showed, beating an expected 50.4, as the CFLP non-manufacturing PMI rose to 54.0 from 53.7 in the previous month.
Basic materials demand in China's industrial sector showed end-demand is "fairly stable," Credit Suisse analysts said in an Oct. 24 report, even suggesting "a slight improvement above normal seasonality.
China's economy powered ahead in the third quarter, according to official data released on Wednesday, matching expectations along with solid figures for retail sales, industrial output and fixed asset investment.
Yokohama, Japan: Mitsubishi Hitachi Power Systems (MHPS) has received an order for one train of blast-furnace-gas (BFG) fired gas turbine power generation equipment from Shougang Jingtang Iron & Steel.
Chongqing, China: The China Chongqing International Machine Tool Show (CCIMT) will take place from November 13 to 16, 2017 at Chongqing International Expo Centre, Yubei, Chongqing, China.
Ditzingen, Germany: The Trumpf Group registered a three percent increase in sales, with the figure amounting to €2.8 billion (US$3.12 billion), compared to previous year’s €2.7 billion.
Seoul, South Korea: South Korea is running a trade deficit of automobiles with China for the first time due to Korean manufacturers’ increased production in China as well as the entry of Chinese low-cost players in South Korea.
Kyoto, Japan: Kyocera Corp has constructed a 23,000-sq m manufacturing plant in Ganzhou City, Jiangxi Province, China for industrial cutting tools.
South Korea has overtaken China as the largest exporter of steel products to India in the first quarter of 2016-17, after trailing the latter for the last two fiscals, according to the Indian government.
