Ifo: World Economic Climate Improving
The Ifo World Economic Climate Indicator rose in the fourth quarter of 2009 for the third time in succession. The rise in the indicator is the result of both more favourable expectations for the coming six months as well as less negative assessments of the current economic situation. The recovery of the world economy is driven especially by the dynamic development in Brazil as well as in India, China and other Asian countries. Read more
Stimulus from Asia for BASF
BASF believes that destocking by its customers worldwide appears to be over for the time being. This has caused a slight upturn in demand. However, customers are still placing smaller orders at increasingly short notice, especially closer to the end of the year. Read more
Countdown for Intertextile Shanghai Home Textiles
Asia’s most popular home textile trade fair, Intertextile Shanghai Home Textiles, will open on 25 – 27 August 2009 at the Shanghai New International Expo Centre. Read more
72 Percent of All Imports from Europe
In 2008 German companies imported goods to the value of 818.6 billion euros, 72.0 percent of which came from Europe (589.3 billion euros). Read more
