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Import supply chain will face severe challenges 2020-04-27
Among China's overall imports, the top three commodities imported from the US are aircraft, spacecraft and related components (54.4 percent), engines (42 percent), and cotton (33.6 percent). Other imports from the US also accounted for an important proportion, such as optical...
MoreStainless Steel Fasteners - Part 2 2020-04-26
Stainless Steel Fasteners - Part 2 Some exhibitors participating in IFS China 2020 can be listed as followed.Zhejiang Quanyou Standard Parts Co., Ltd.Booth No: H2-1312Zhejiang Quanyou Standard Parts Co., Ltd. is well equipped with various multi-station cold heading mach...
MoreNo major exodus of foreign capital expected 2020-04-24
Employees work at the production line of Tianjin FAW Toyota Motor Co Ltd in Tianjin on Feb 18. [Photo/Xinhua]Though the COVID-19 pandemic has had an impact on foreign-funded companies operating in China, the possible withdrawal of some United States and Japanese companies will no...
MoreWurth group releases 2019 financial results 2020-04-23
Sales increased by 4.8% to a record €14.27 billionOperating performance dropt to €750 millionAccording to preliminary annual financial statements, Würth group sales in 2019 were €14.27 billion (€13.62 billion in 2018), up 4.8%. Taking into account the monetary effect of...
MoreFastener enterprises how to control product quality strictly? 2020-04-22
Quality is the guarantee of brand image and product reputation. Quality is the decisive factor in the sales of products, without a good product quality can not have a good market.So, how to control product quality?1. Strengthen the leadership of quality management, form a quality...
MoreNeed to seek opportunities for growth outbreak offers 2020-04-21
A technician works at a numerical control equipment plant in Dalian, Northeast China's Liaoning province. [Photo/Xinhua]China's GDP contracted by 6.8 percent year-on-year in the first quarter of this year because the novel coronavirus outbreak seriously disrupted economic...
MoreManufacturing Output Dropped 6.3% in March 2020-04-20
Total industrial production fell 5.4% in March, as the COVID-19 pandemic led many factories to suspend operations late in the month, according to the latest Industrial Production and Capacity Utilization report from the Federal Reserve. Manufacturing output fell 6.3%; most major ...
MoreIMF policy-setting body pledges collective action against COVID-19 pandemic 2020-04-17
The logo of the International Monetary Fund (IMF) is seen during a news conference in Santiago, Chile, July 23, 2019. [Photo/Agencies]WASHINGTON - The policy-setting body of the International Monetary Fund (IMF) on Thursday pledged collective action to mitigate the health an...
MoreChina's steel output, inventory fall in March 2020-04-16
A Dongbei Special Steel Group Co Ltd employee helps move finished steel products at a factory in Dalian, Liaoning province. [Photo by Wang Yang / For China Daily]BEIJING - China's steel output and inventory both fell in March, according to data from the China Iron and St...
MoreFastenal’s Q1 Sales Up 4.4% 2020-04-15
Fastenal Co. (Nasdaq: FAST), Winona, Minnesota, reported first-quarter sales of $1.4 billion, a 4.4% increase over the same period a year ago. Earnings for the quarter rose 4.4% to $202.6 million.Compared to the first quarter of 2019, this increase was driven by higher ...
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