Rare Earths News Review

• Autores: Industrial Minerals
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 577, 2015 (Ejemplar dedicado a: Noviembre)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • Liang Tang, Ossen's chairman, said that the revenue decline "highlighted increasing challenges facing our business, as weak investment and trade, combined with high levels of volatility in the domestic stock market, negatively impacted China's already weakening economy during the second quarter".

    "In light of the central government's plan to transform China's growth model from big-ticket projects to a 'more efficient, equitable and environmentally sustainable' consumer demand-driven economy, we expect China's fixed asset investment, a measure of government spending on infrastructure, will continue to expand at a slower pace in coming quarters and thus hinder our ability to grow our business," Tang added.