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China's apparent oil demand in December rose 0.7% year on year to 41.02 million metric ton (mt), or an average 9.69 million barrels per day (b/d), a Platts analysis of recent statistics released by the Chinese government showed.
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The Conference Board Leading Economic Index® (LEI) for Japan decreased 1.1 percent The Conference Board Coincident Economic Index® (CEI) increased 0.3 percent in October.
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The Conference Board Leading Economic Index® (LEI) for Japan decreased 0.4 percent The Conference Board Coincident Economic Index® (CEI) remained unchanged in August.
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From January to August, the industrial profits of enterprises above designated size achieved 3,228.1 billion yuan, a year-on-year increase of 28.2 percent.
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The Conference Board Leading Economic Index®(LEI) for China increased 0.6 percent in July to 158.6 (2004 = 100), following a 0.9 percent increase in June and a 0.4 percent increase in May. Four of the six components contributed positively to the index in July.
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Comparing with the previous month, among 70 medium and large-sized cities, the sales prices of newly constructed residential buildings declined in 16 cities while that of 30 cities remained general level. The chain index decreased and remained the general level rose by 15 cities in August as compared with previous month. The month-on-month growth rate within 0.4 percent in the cities with increasing price, while that of 8 cities dipped.
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Developing Asia’s demographic landscape will change dramatically in coming decades and policymakers will need to manage the process carefully to ensure future growth as populations age, says a new Asian Development Bank (ADB) report.
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The Asian Development Bank (ADB) sees strong investment and consumption driving 2011 gross domestic product (GDP) growth in the People’s Republic of China (PRC). But weakness in advanced countries and the government’s efforts to cool inflation are slowing the expansion.
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The Asian Development Bank (ADB) has cut its 2011 and 2012 growth forecasts for developing Asia amid ongoing worries about weak external demand from its key trading partners.
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The Conference Board Leading Economic Index® (LEI) for Korea declined 0.2 percent and The Conference Board Coincident Economic Index® (CEI) for Korea increased 0.1 percent in July.
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