Special Report on
Euro China Capital
Euro China Capital - Trends
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If the euro reaches parity with the dollar, the cost competitiveness of Chinese photovoltaics (PV) manufacturers will “significantly erode”, says a new report by the Goldman Sachs European Clean Energy team. The report states: "We also believe if the euro reaches... parity with the US dollar, the cost competitiveness of Chinese manufacturers could significantly erode. We think this could structurally change our supply, demand and ASP assumptions for the next two years... Furthermore, we think changes in government policy in solar power (especially in Germany) could also materially change the supply/demand landscape for the ...
BEIJING, July 11 (Reuters) - The pace of money and credit growth in China slowed markedly in June as the central bank steered its anti-crisis monetary policy back to normal, while the country's official currency reserves barely grew last quarter. Banks extended 603.4 billion yuan in net new local-currency loans last month, in line with expectations, but down from May's 639.4 billion yuan and less than half of last June's 1.53 trillion yuan, the People's Bank of China said on Sunday. As a result, year-on-year growth in the stock of outstanding yuan loans fell to 18.2 ... Read More
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EURO CHINA CAPITAL
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