Exchange Rate

In China, there is a phenomenon of luxury consumption is worth pondering, while the Chinese in Hong Kong, Milan, New York and other international shopping metropolis to buy luxury news, while the car is the domestic luxury counters often appear in the sight of the scene, although not to spend money, But the heat is harder to match than the Chinese buying spree abroad. In recent years, with the people's purchasing power and enthusiasm for luxury consumption, the topic of the Chinese market for luxury goods has been mentioned many times, especially with the test water and maturity of luxury electric dealers in the past few years, many potential consumers of luxury goods ...

June 5 last year, China Construction Co., Ltd. (hereinafter referred to as China Building) through the Securities and Futures Commission issued a review, according to the Chinese construction Prospectus Declaration, its plan issued no more than 12 billion shares, raise funds 42.6 billion yuan, for major project contracting projects, ordinary residential real estate development projects, purchase construction machinery and equipment,　　Infrastructure investment projects, steel structure processing base projects and replenishment company liquidity. The company's director of the office told reporters that the current amount of fund-raising and use did not occur a major change. As to whether the market is concerned about the imminent listing of Chinese buildings, the person said ...

Chinese Premier Wen Jiabao met with European Union leaders according to the Xinhua news Agency's premier, 29th, to meet with European Commission President Jose Manuel Barroso to attend the 12th meeting of China-EU leaders. Wen said that the world is undergoing major changes in the great development, and China-EU relations should be strengthened in strategic, comprehensive and stable. To strengthen the strategy is to enlarge the consensus on major issues and promote the establishment of a just and reasonable new international political and economic order; To enhance the comprehensiveness is to strengthen practical cooperation in various fields, to achieve mutual benefit and win-gain, and to enhance stability is to take care of each other's core interests and important relations ...

Summary: In tandem with the BRICS summit, the dollar has been heavily hit by the BRICS: U.S. Treasury bonds were collectively reduced by China, Russia and other major holders, with China, Russia and Brazil announcing their purchases of IMF bonds in the hope of resisting the risk of dollar assets and expanding their voice, according to data released 15th by the U.S.　　At the same time, a growing number of countries are considering using the renminbi as a bilateral trade settlement currency; the UBS survey shows that "some Asian currency" is most likely to be the reserve currency that challenges the dominance of the dollar. Along with the BRICS summit, the dollar has been heavily hit by the BRICS: US Treasury 1 ...

-What is le the Sino-US Strategic and Economic Dialogue will be held in Beijing next week, and the two sides will discuss many topics, including the renminbi exchange rate. Chinese Foreign Ministry spokesman Ma Zhaoxu reiterated yesterday that China would reform its currency in the light of global and domestic conditions. And some analysts pointed out that the European debt crisis caused the euro continued to lower, has actually caused the appreciation of the renminbi, China's foreign trade is facing great pressure.　　The instability of internal and external situation will postpone the timing of RMB exchange rate adjustment. The euro has fallen 14% per cent against the renminbi because of fears that a revaluation would have an impact on Chinese exporters, the government ...

class= "Post_content" itemprop= "Articlebody" > in life, people feel that the renminbi is becoming less valuable at home, while in foreign countries, the renminbi is more and more valuable. In fact, the former is about the domestic purchasing power of the renminbi, the latter is about exchange rate ... Money purchasing power and exchange rate often hear many people complain: "Not to say the renminbi appreciation?" So the money should be more ' valuable '? But why do I feel money is getting worthless? "Here I am ...

Low-wage wages are expected to rise every year for the next 3-4 years, which will lead to a new and historic shift in China's economy, 20–30%. In the United States, an iphone is priced at 499 dollars. Foxconn is the sole foundry of the iphone, and what do you think it earns for each of its iphones?　　8.47 dollars, which includes the full cost of employees ' wages, factory rents, transportation, etc. The story is rewritten as Foxconn's workers ' wages are almost doubled in two months. Since this year, 27 of China's 31 provinces and cities have raised the minimum wage, an average increase of 22.

U.S. stocks individual development, Hang Seng index morning opening 9 points, as a result of the delay, the index fell by 117 points to 17,670 points at a time, followed by a return to stability on the mainland stock market, with a half-day exchange rate of 17,810, 20 or 0.11%, the state-owned enterprise index rose 49 or 0.47%, and　　The big city half time deals 29.6 billion yuan, the period refers noon to report 17,774, rises 11 point, with the spot low water 37 points, the transaction 30,791 Zhang. 0005-HK (Credit Suisse) won the big city rating, repeatedly rose 0.08%, Hang Seng (0 ...).

The United States can only sustain its own interests by truly taking measures to secure the assets of foreign investors. In terms of game theory, the U.S. commitment to security and China's commitment to security is "incentive compatible" national Development Bank senior economist Wu Zhifeng although "Schon", but Obama most understand the "sublation" of the dialectic Spirit, his legacy of the "SED" (Strategic Economic Dialogue) to expand the use of, into a "S&ed" (Strategic and Economic Dialogue), the strategy from the modified adjectives into nouns, the middle of the "&a ..."

China Web March 14: This morning, Premier Wen Jiabao met with Chinese and foreign journalists who interviewed the four meetings of the National People's Congress in the Great Hall of the people and answered the questions posed by reporters. Wen said that with regard to the appreciation of the renminbi, we will continue to uphold the reform of the RMB exchange rate mechanism.　　If we start from 1994, our big renminbi exchange rate reform has been carried out 3 times. The renminbi's effective exchange rate has now risen 57.9% compared with 1994. Our reform is mainly to change the single peg to the United States dollar, and the implementation of market demand, the reference basket of currencies ...

Securities Times reporter Zhang today's Hong Kong stock market, "hot money" has been a frequently mentioned hot words. Whether it is retail or institutional investors, there is a "large influx of hot money into the stock market," the consensus. However, after the carnival, the "capital city" from hot money will go?　　In this regard, insiders believe that short-term "hot money" will not ebb, but in 7 August or will see the real chapter. 20-day increase of 50 billion in the industry's view, the most intuitive evidence of the influx of hot money into Hong Kong is the increasing balance of the banking system, which is the statistics of the Hong Kong HKMA. As the Hong Kong HKMA is a ...

Xinhua Beijing, February 4 (Xinhua Li ZHONGFA Alina) Foreign Ministry spokesman Ma Zhaoxu said 4th in Beijing that the U.S. side to objectively and rationally look at the many problems in Sino-US economic and trade cooperation, insist on the proper treatment of equality and consultation, accusations and pressure is clearly not conducive to the solution of the problem. Speaking at a regular press conference on the RMB exchange rate and Sino-US trade, Ma said that since the reform of the RMB exchange rate mechanism in July 2005, China has been steadily implementing a managed floating exchange rate system in accordance with the principles of initiative, controllability and Gradualism, and the RMB has risen more than 20 against the dollar.

Abstract: Like online shopping consumers recently tried a new way: first log back to the site, and then to its link to the mall to go shopping.   This can not only enjoy the business concessions, but also from the return of the site to get cash rebate, so the folding on the return of the site to the Red network. Consumers like online shopping have recently tried a new way: first log back to the site, and then to its link to the mall to go shopping. This can not only enjoy the business concessions, but also from the return of the site to get cash rebate, so the "folding" so that the return of the Web site Leap Red Network. At present, the return site has reached hundreds, and is still expanding ...

Shanghai, January 24 (Xinhua) A survey of 385 international buyers released today by Kai, a majority of respondents, said they needed to pay higher prices to buy Chinese products.　　As China's export prices continue to rise, compared to other low-cost supply markets, China's low-end products are most significantly affected. According to the survey, 68% of the respondents pointed out that the appreciation of the renminbi had an impact on its procurement strategy from China, of which 54% per cent said that the appreciation of the renminbi had led to higher export prices for Chinese products. One-third of the respondents estimated that ...

Economic observation Network reporter VECHENGWU Special Reporter Snow Ting February 4 Noon news, according to foreign media reports, U.S. President Barack Obama said in Wednesday, will be a tougher stance to urge China to allow the renminbi to appreciate, the Chinese government in Thursday reacted coldly.　　The Chinese government has not yet formally responded to Obama's comments, but Li Jian, director of the Ministry of Foreign Trade and Economic Cooperation, China's Ministry of Trade and Research, said Lijian, a foreign media report, says China is unlikely to change its currency policy because of pressure from the US government. "Even if China wants to adjust the renminbi ...

April 30 Morning News, according to foreign media reports, U.S. Treasury Secretary Timothy Geithner said in Thursday that the market should play a greater role in the renminbi exchange rate. "China's economic growth is moving towards domestic consumption as a driving force towards less reliance on U.S. exports, which is very important to us, and we believe it is important to update the process of renminbi exchange rate reform," Reuters reported, citing Mr Geithner. "said Geithner.

Absrtact: In Pudong Zhangjiang Central Branch Road exit, there is a 700,000 square meters of planning land, around a meter high weeds surrounded by three newly built high-rise buildings, the bare steel and cement does not have any special place, but this name is the big youth in the real estate in Pudong Zhangjiang Central Branch Road exit, There is a 700,000 square meters of planning land, around a meter high weeds surrounded by three newly built high-rise buildings, the bare outside of the reinforced cement and no special place, but this name "Grand Youth" in the real estate is implanted in the internet ...

Sino-US Commerce ministers are concerned about China's Wang YANFA intern for foreign companies in the clean energy sector. Yesterday, U.S. Commerce Secretary Gary Locke (right) visited a thermal power plant in Beijing.　　The high temperatures of Beijing's 36 ℃ yesterday allowed the two Chinese-American Ministers-commerce secretary Gary Locke and Energy secretary, who are doing "green diplomacy" in China, to feel "global warming". But the first "tipping point" in tackling climate change and clean energy is hotter in the US. China has reacted strongly to the "carbon tariffs" proposed by the US, while some American chambers of commerce and companies accuse China of being ...

June 5 last year, China Construction Co., Ltd. (hereinafter referred to as China Building) through the Securities and Futures Commission issued a review, according to the Chinese construction Prospectus Declaration, its plan issued no more than 12 billion shares, raise funds 42.6 billion yuan, for major project contracting projects, ordinary residential real estate development projects, purchase construction machinery and equipment,　　Infrastructure investment projects, steel structure processing base projects and replenishment company liquidity. The company's director of the office told reporters that the current amount of fund-raising and use did not occur a major change. As to whether the market is concerned about the imminent listing of Chinese buildings, the person said ...

Sho Yan ru Li Xiaoye Ma Xiaofang Central bank governor Zhou Xiaochuan's speech in Saturday sparked speculation about a possible appreciation of the renminbi, and there was an immediate overreaction in overseas markets. Yesterday, in the NDF (non-deliverable forward) market, a one-year dollar against the renminbi, the lowest price to 6.6200, the price of the renminbi against the dollar a year after the appreciation of 3.12%.　　The price rose to a level of 6.6410 at the end of the previous session, representing a 2.79% per cent appreciation for the renminbi. And many analysts believe that overseas investors are in the title of speculation, is completely ...