China eyes tight supply of power

Note: This section contains information in English only.
Source: China.org.cn
China is likely to continue facing tight power supply conditions this year as demand is growing while supply is stagnating, reported the electrical power industry association. The demand is expected to exceed supply by 30-40 million kilowatts in 2012. The electricity consumption is likely to increase by 9.5% over the year, indicating 2% slower growth pace. At the same time, investments in the energy sector will amount 117.35 billion US Dollars, reported CEC.


Back to articles

Actual Topics

Mon, 27 Feb 2012 11:10:18 GMT

US consumer sentiment reached one-year record high

The Thomson Reuters/University of Michigan's consumer sentiment index climbed from 75.0 in January to 75.3 in February as Americans regained confidence about the country's economic outlook. The economists earlier predicted a figure to be at 73.0. Improvements in job market are outweighing concerns about rallying oil prices and instability in Iran, said Richard Curtin, the director of survey.

Mon, 27 Feb 2012 10:43:54 GMT

Brazil may give more funds to save the Euro Zone

Brazil announced that developing economies are willing to provide more funds to ease Euro Zone's economic crisis in case they are given more power in the IMF, said Guido Mantega, Brazilian Finance Minister at the G20 meeting in Mexico. The minister also claimed that EU nations have to provide more their own resources to ease situation in the region.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.