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The American Chamber of Commerce in Shanghai (AmCham Shanghai) and Booz & Company, a leading global management consulting firm, released China Consumer Market Strategies 2011 at a launch event in Shanghai on June 13, 2011.
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The Conference Board Leading Economic Index® for Japan decreased 2.1 percent in April. The Conference Board Coincident Economic Index® decreased 0.3 percent in April.
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comScore, Inc., a leader in measuring the digital world, released a study of how Internet users spend their time online in Greater China (defined as Mainland China, Taiwan and Hong Kong) based on data from the comScore Media Metrix service. The report found that Portals commanded the largest share of online minutes, accounting for 24.4 percent of total time in Greater China, followed by the Entertainment, Search/Navigation, Social Networking and Retail site categories. These five categories combined accounted for half of all time spent online in Greater China during April. Separately, comScore also announced the appointment of Xinyu Huang to the position of senior vice president of Greater China.
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From January to April, the industrial profits of enterprises above designated size achieved 1,486.9 billion yuan, a year-on-year increase of 29.7%.
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The sales price of newly constructed residential buildings in 70 large and medium-sized cities decreased in 9 cities and that of remained the same level in 5 cities comparing with the previous month.
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The Conference Board Leading Economic Index® (LEI) for Korea increased 0.7 percent and The Conference Board Coincident Economic Index® (CEI) for Korea increased 0.9 percent in March.
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In April, the total value added of the industrial enterprises above designated size was up 13.4 percent year-on-year, or 1.4 percentage points lower than that in March 2011.
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The Conference Board Leading Economic Index® (LEI) for Japan decreased 0.8 percent and The Conference Board Coincident Economic Index® (CEI) decreased 2.6 percent in March.
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Climate change will create unprecedented challenges in the Asia-Pacific region in coming years, intensifying existing pressures on water and food supplies, while exacerbating weather related disasters, a panel of experts stressed.
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Japan’s economy will likely withstand the recent disasters, but it was extremely vulnerable before these events, and cyclical and structural economic forces could still make the recovery path uneven, The Conference Board reports in a new analysis. The earthquake on March 11 and the resulting aftershocks and tsunami occurred just as Japan’s long weak economic performance was beginning to show some improvement. Given the country’s preexisting structural problems, however, a return to a robust expansion is a big challenge.
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