China to build Thai rail link to Laos HONG KONG - China has signed a memorandum of understanding with Thailand to build 542 miles of double-track railway from Nong Khai on the Laos border to the Thai industrialized eastern seaboard. The MOU was signed on the sidelines of a two-day regional summit in Bangkok, and is seen as consolidating...
Factory index shows China heading for slowest growth since 1990 HONG KONG - China's official purchasing managers' index (PMI) slipped to its lowest reading in 18 months, following close behind an HSBC PMI that registered a similar decline and confirming a slowdown in the mainland's economic growth. The China PMI slipped to 50.1 in December from 50.3 a month earlier, the...
US eases oil export ban further The administration of US President Barack Obama has opened the door for exports of processed oil condensates exports without prior government approval.
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