Bank of America's business growth in China is no less than 80% in the first quarter

Huang, China's chief executive of the bank, said Chinese companies ' contribution to the bank's revenue is greater than that of multinational companies "Caixin Net" (journalist Liu Wei), China's chief executive and head of corporate banking at Bank of America (hereinafter called BofA), said the bank's China business grew as high as 80% per 100% in the first quarter of this year. April 14, Huang at the Boao Forum for Asia 2011 Annual meeting, said to Caixin reporters, although this year's Bank of China's overall financial tightening, but the bank is not a way to go. In the case of BofA, in the same scale, it can be passed within ...

Frederick Chien: Contemporary philanthropy faces four trends

"Caijing reporter Jin Yu hainan boao Report," Taiwan's political and economic Frederick Chien in the annual meeting of the Boao Forum for Asia, received the "financial" reporter interview, he believed that in some countries and regions in Asia, philanthropy and public welfare is becoming increasingly important, facing the four major development trends. Taiwan Strait Common Market Foundation advisor Frederick Chien is also chairman of Cathay Charitable Foundation. In his view, as a whole, traditional philanthropy has evolved with social changes, and philanthropy and public goods are becoming increasingly important. In the aftermath of the financial crisis, many countries face the government's pre ...

Zhou Xiaochuan: Channelling savings to developing and emerging markets

Zhou Xiaochuan, governor of the People's Bank of China, said in a recent journal of the Boao Forum for Asia in 2011 that appropriate measures should be taken to steer the savings surplus more to developing countries and emerging market economies. Mr. Zhou said developed economies such as the United States do not want to see excessive inflows of international savings and that international savings should be more desirable.  Indeed, the flow of emerging-market savings to developed economies is neither reasonable nor consistent with the desire of those developed countries to seek more savings. He said that because the East Asian countries ' savings rate adjustment can not be achieved in a short time, and in the oil price ...

Tourism Real Estate looking at beauty with difficult zhongxiaoxie hint to think twice

Our News (reporter Yang Med) In recent years, tourism real estate has become a new category, however, tourism real estate looks very beautiful, operating but there is a high maintenance costs, low utilization rate of many embarrassing.  Yesterday, Zhongxiaoxie issued a tip, buy tourism property to "think twice." Most of the domestic tourism properties are newly developed projects in the new region. Zhongxiaoxie survey found that a considerable number of consumers of the purchase of tourism properties are off-site purchase, consumers are often in the site of the best season to buy, so will ignore the changes throughout the year to the impact of home comfort. In fact, the South often ...

Brazilian President Roseif: BRIC countries are becoming more and more important

BEIJING, April 14 (Xinhua) A joint press conference of BRICS leaders was held at noon in Sanya, Hainan.  Brazil's president, Roseif, said at a press conference that some time ago the BRICS countries were merely a term coined by some economists to describe economic development, but it is now becoming more and more important. Roseif said that the BRICS countries, especially in response to the international financial crisis has shown strong potential, and made a good performance. There are so many people in our countries that the BRICS have made 50% of the growth of the global economy even before South Africa joined us.

Long Sheng Capital Preservation Fund has been granted a guaranteed period of three years

Xinhua News (reporter Shaozehui) reporter learned that long Shengtong capital preservation has been approved by the SFC, will be issued next week, the fund will be the last year, the debt Base Champion fund manager Mr. Cai Bin. The Fund's capital preservation period is three years, which can provide capital guarantee for the investors who subscribe and hold the expired

Brazilian President Roseif: BRICS countries do not target any country

BEIJING, April 14 (Xinhua) A joint press conference of BRICS leaders was held at noon in Sanya, Hainan.  Brazil's president, Roseif, said at a press conference that the BRICS countries are not targeting any country, instead, we are advocating cooperation to better promote international governance and better meet the requirements of the 21st century. Roseif said that at present, all BRICS countries have become members of the UN Security Council in the past 2010 years, so that we can work better in this aspect and further strengthen cooperation. Of course, in international affairs, we must further advocate democratic dialogue and not act with undue haste. ...

IDEO: China's Shanzhai innovation worth affirming

"Shanzhai" innovation is worthy of affirmation, the transformation of domestic demand can do power "Caixin Net" (reporter Wang Jiapeng from BOAO) design consulting company IDEO Asia-Pacific Executive President Li Ruijie (richardkelly) in the Boao Forum to receive a new reporter interview, said that China in the field of commercial innovation has great market potential and good capabilities,  But it still takes time to overcome the obstacles. Li Ruijie that China's "shanzhai" mobile phone manufacturers as the most typical local innovation designers, has achieved good results, and many multinational companies from the "cottage" products in the absorption of innovative experience for the Chinese market and ...

Cao Dewang ice-breaking a-share charity donation Unit

3 years of bumpy, finally got the wish. April 13, Fook Yiu Glass (600660). SH) announced that the company in April 11 received the first major shareholder three Benefits Development Co., Ltd. (hereinafter referred to as the three-benefit development), the second largest shareholder in Fujian Yaohua Industrial Village Development Co., Ltd. (hereinafter referred to as Yiu Wah Industrial Village), the two major shareholders and the He Ren Charitable Foundation (hereinafter referred to as the He Ren Fund) signed the "Donation Agreement",  The total holding of 300 million shares of Fook Yiu Glass donated to the He Ren Fund, Jim Fuyau Glass total share capital of 14.98%. Among them, the three-benefit development donated 59910916 shares, are non-restricted flow ...

What does a restaurant charge for the cost increase in the price of a lift

Recently, the general level of prices in some areas of China has risen faster. Behind these "rising" voices, is the rising cost leading to higher prices? Or individual businesses follow the bandwagon and drive up prices?  Reporter into the catering, consumer goods and other industries, in-depth analysis of the real reasons for price changes, to explore the practical means of price control and management of inflation expectations of an effective way. -Since the beginning of the year, more and more customers in the restaurant checkout, found that their own bill more than a "service charge", the amount of money charged for each of the 5 yuan, 10 yuan, a lot of the whole meal charge of 10% or even higher. And when the consumer ...

Photo: Young leader Hodge has just joined the Boao Forum for Asia

Fok seems said that young people are the forces of social development and the main force, suggested that the Boao Forum should start with education, in the Asian countries to select some schools to simulate the Boao Forum, so that the Boao effect on their ideas (South China Sea Network reporter Zhangmao) April 14 News, the 2011 Boao Forum for Asia held today, Young leader Fok seems looking back at the Boao Forum for Asia 10 years ago.

Six months ' punishment of poisoned food production

The penalty for food crime will increase, the NPC Standing Committee yesterday to review the Criminal Law Amendment (eight) draft, the draft aggravated the production and sale of toxic and harmful food crime punishment. Draft second review of this crime is the starting point of criminal detention, the consideration of the increase to "five years of imprisonment."  "Some law experts said that the amendment caused the violation of the law's starting point from 1 months to 6 months, reflecting the legislator's emphasis on food safety and the fight against food crime posture." Focus • Food safety production poisoning food crime raise the penalty point "change" for sales have ...

More than 8% in today's 600 million increase in the three-ring division

NetEase Finance February 24 News of the three-ring 23rd evening issued a notice, the proposed non-public offering of not more than 27 million shares, the total amount of fundraising not exceeding 600 million yuan, the issue price is not less than 22.55 yuan/share. The third Ring of China Branch said that the funds raised by this non-public offering will be used in the production and extension of rare earth permanent magnet materials and technical renovation projects, mainly for energy-saving home appliances, new energy vehicles, wind power generation, information industry and other fields. After the project was completed and put into production, the production capacity of sintered nd-FE-B magnets in the three rings of Zhongke was increased from 12,000 tons/year to 18,000 tons/year. ...

The death of the drug industry has fallen by more than 8% in the day

NetEase Finance February 24 News, the Wednesday evening, the release of the Performance Express, its 2010 net profit of 661 million yuan, an increase of 54.55%, the earnings per share of 3.08 yuan.  The company said that with the new production line of plastic bottles, the company's soft plastic packaging large volume injection products sales increase, at the same time through the effective control of cost, improve the gross profit margin, so that total profits, net profit and other indicators to grow a larger range.  The 2010-year distribution plan to be submitted to the Board of Trustees for consideration by the company is 10 shares per 10 shares and is now 5 yuan (including tax). Announced yesterday evening high ...

Nearly 90% people benefit from travel tax adjustment

The National People's Congress yesterday reviewed the draft review to absorb public opinion to adjust the New Express reporter Shing After extensive opinion polls, the travel tax bill will make a big adjustment. Yesterday, the NPC Standing Committee again considered the draft travel tax, compared with a review, the same is the tax rate is still divided into seven, the upper and lower limit or from 60 to 5400 yuan. The difference is that, with the exception of the minimum and the highest gear, the tax is reduced in varying degrees. Zhang Balin, vice chairman of the National People's Congress Legal Committee, introduced the present 2.0-liter and the following passenger cars.

January PMI Fall 1%

"Financial network," reporter Pan Ying February 1, China's Logistics and Procurement Association issued the Chinese Manufacturing Purchasing Managers Index (PMI) is 52.9%, the chain fell 1%. From the point of view of the various indices, the overall appearance of a drop in trend. In comparison with December 2010, the volume index, import index, purchase price index and raw material inventory index rose, with import indices and purchase price indices rising by more than 2%, while the remaining indices declined in varying degrees. Among them production index, new export order index, backlog order index, employee index drop ...

President of the American Chamber of Commerce in South China: Trade frictions end with consumers

"Caijing reporter Jin Yu" Economic relations between China and the United States have been affected by trade frictions between the two countries, the first quarter of this year, Chinese foreign trade appeared 1.02 billion U.S. dollar deficit, in 7 years, the initial quarterly trade deficit.  In this respect, Harley Seyedin, president of the South China Chamber of Commerce, who attended the 2011 Annual meeting of the Boao Forum for Asia, said to Caijing that the Sino-US trade dispute is very limited and the real problem with Sino-US trade is that there is not enough trade between us. In Harry's view, trade disputes are not just between China and the US, but between the United States and Canada and other countries ...

Property developers approved by provincial Sasac

*st (600149) February 1 announced that the company January 31 received the first major shareholder Beijing volume Stone Xuan Real Estate Development Co., Ltd. notice, Hebei Province Sasac agreed to Langfang land Development and Construction Investment Co., Ltd. Beijing volume Stone Xuan Property Development Co., Ltd. held *st 50.05 million shares. By this positive news stimulation, *ST established January 31 trading, the last 4 trading days accumulated up 12.36%. September 2, 2010, *ST announced the major shareholder will be easy to master the news, Langfang Land development and Construction Investment Co., Ltd. will be out ...

Seven adults expected optimism in employment situation this year

China's consumer confidence survey shows seven adult expectations for employment this year, Beijing, February 23 (reporter Zoya) according to China's economic boom Monitoring Center and the Nielsen company conducted a joint Chinese consumer confidence survey, 2010 years of the four-year Chinese consumer confidence index of 100, compared to the third quarter fell 4 points,  Most consumers remain upbeat about income and job expectations. "China's economy continues to maintain a good momentum of growth, the total retail sales of consumer goods has increased significantly." While Chinese consumer confidence has fallen for the second consecutive quarter, it is still a global sight ...

IPO quote: Tangled Rashomon door Investment bank

The issue of the "three high" issue of the same new stock, which involves many parties, has its own statement: The investment Bank of the sponsor's hands a booth, said is the fund high quotation; The inquiry fund hurriedly clear relations, blame investment bank and listed company too "Strong", the listed company got cheap also want to Maiguai, claiming "super raise" the feeling must have already ... This scene is a realistic version of the "Rashomon door."  At a recent seminar on valuation pricing for new shares, Wang Yawei, the deputy general manager of Huaxia Fund, which is known as "Public Offering fund," is a high-profile critic of the "investment bank's bid to persuade", which directly puts all sorts of "entanglements" in the IPO mechanism on the table. Fund ...

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