European firms in China are still optimistic in spite of the global economic turmoil and remain firmly committed to the country, according to a survey released yesterday.The survey, conducted by the European Union Chamber of Commerce in China, shows that most of the European companies in the country are still profitable. Over 70 percent of the firms said profitability for 2007 was positive, while
China and the United States will hold the fifth Strategic Economic Dialogue from December 4 to 5 in Beijing, Foreign Ministry spokesman Qin Gang announced yesterday.Chinese Vice Premier Wang Qishan and US Treasury Secretary Henry Paulson will co-chair the SED as special representatives of heads of state of the two countries, Qin said at a regular press conference. The fifth dialogue, with the them
China said on Tuesday it had asked its toy manufacturers to check the designs provided by foreign buyers for flaws that may lead to quality or safety problems.Chinese Foreign Ministry spokesman Qin Gang made the remarks when responding to questions on how China would ensure the safety of its toys ahead of the Christmas season.Qin said some Chinese toy factories made the toys according to the desig
China's central bank slashes the lending and deposit rates by 1.08 percentage points as of Thursday in the latest effort to stimulate economy.The People's Bank of China (POBC) announced on Wednesday that as of Dec. 5, it also would lower the reserve requirement ratio by 1 percentage points at the large banks and by 2 percentage points at the smaller and medium-sized banks.The large lenders include
Huntsman Advanced Materials will demonstrate Araldite highly flexible composite (HFC) and Renshape SL7820, a white SL resin which produces solid black models, at Euromold from 3-6 December. HFC is a fibre-reinforced composite material with high flexibility, transparency and brightness.It offers a cost-effective option for composite manufacturing, as it does not require specialist equipment or labo
A large 3D rapid prototyping printer, which produces full colour, high-resolution models from Cad data within hours, is now available from UK supplier Rapid Techniques. The ZPrinter 650 is designed for a wide range of manufacturing and engineering applications.It can also be used to generate multiple, smaller models simultaneously.It is able to deliver high colour quality and consistency due to th
Rosti Technical Plastics has chosen a Kuka robot for a demoulding task on its largest moulding machine. The Kuka KR150 L110 will transfer rear console components from a 15,000kN (1500 tonf) Engel Duo system that was recently installed at Rosti's factory in Larkhall.The Kuka robot was selected for its compact footprint and 3100mm reach.An average cycle time of 50 seconds and the robot's quick and e
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