China & Singapore – the latest on Chinese trademark law , China’s Stocks, Singapore’s Economy and more.
BEIJING (Reuters) – China’s exporters face a difficult time in coming months as demand from emerging markets slows, the Chinese trade ministry warned on Thursday after the latest trade data showed sales to Southeast Asia slowed sharply in September. But China is ready to take measures to support its exporters to ensure the trade sector grows 8 percent this year as targeted, Commerce Ministry Spokesman Shen Danyang said, allowing exporters to see “mild growth” in the next few months…
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China’s stocks fell to the lowest level this month as companies linked to
Shanghai’s free-trade zone extended losses on concern valuations were excessive, overshadowing gains by coal producers.
Shanghai Oriental Pearl (Group) Co. (600832) and Shanghai Lujiazui Finance & Trade Zone Development Co. tumbled more than 6 percent after jumping at least 88 percent over the past two months.
China Shenhua Energy Co. (601088) and
China Coal Energy Co., the biggest coal producers, rose more than 1 percent on higher fuel prices…
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China’s significantly revised trademark laws streamline the application process, provide greater protection for well-known marks, and impose harsher penalties on infringers. China has long been criticized for lax intellectual property protection and being a haven for piracy. Perhaps in response to such criticisms, the Standing Committee of the National People’s Congress revised the Trademark Law of the People’s Republic of China on August 30, 2013 to improve the efficiency of…
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Stronger-than-expected growth in Singapore’s economy is a reassuring sign that the recovery in major developed economies is finally being felt on Asia’s shores. Gross domestic product for the three months to Sept. 30 grew 5.1%, faster than the second quarter’s revised 4.2% growth, the government estimated Monday. Compared with the previous quarter the economy contracted 1.0% on a seasonally adjusted and annualized basis, but that’s after an unsustainable (and upwardly revised) 16.9% expansion in April-June
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Much has been made of a slump in China’s demand for ores and metals, hurting big exporting nations like Brazil, Indonesia and Australia.While it’s true Chinese demand for commodities has slowed, as its economy cools, a new report by Wood Mackenzie points out that China will continue to underpin solid demand for base metals for years to come.The international commodities consultancy reminds us that China’s demand for base metals – aluminum, copper, lead, nickel and zinc – is still growing at 5% to 8% per year…
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