Barclays decreases China's growth forecast

Note: This section contains information in English only.
Source: Marketwatch

Barclays Capital cut China's GDP growth forecast from 8.4% to 8.1% for 2012 citing the downturn in the euro-zone. Investments are expected to fall next year but domestic consumption will play a role of stabilizing factor, reported Barclays. CPI is expected to ease from 5.5% projected in 2011 to 3.2% in 2012 due to decline in exports and risk of overcapacity, Barclays added.

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Wed, 07 Dec 2011 07:39:17 GMT

Lawsuit against iPad infringement is rejected

China's court rejected Apple's accusation of Proview Technology, China's technology company, of infringement trademark of iPad. Proview has a legally registered iPad trademark along with other 2,000 trademarks in countries including China, the court claimed. Meanwhile, Preview also brought a complaint against Apple's infringement of its copyrights on 10 billion yuan, reported Caixin Online.

Wed, 07 Dec 2011 07:37:32 GMT

Australia's LNG projects have to be finished in five years

Australia's LNG projects worth A$130 have to be completed in the next five years before the natural gas supplies becomes oversaturated, according to Australian Financial Review. The final investments should be done and the projects have to be placed on the market in the next five years, confirmed  Dick McIlhattan, head of LNG at Bechtel.

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