Financial Crisis

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The first issue of the Canton Fair export transaction Growth 9.8% not back to the pre-crisis level

Li Xiangwan Although the venue is significantly more lively than last year, but still wool, supply and demand both sides are watching and not anxious to order, just finished the 107th session of the Canton Fair, the first issue of export transactions did not appear a strong rebound, only a recovery of 9.8%, has not returned to the level before the financial crisis.  Canton Fair, Deputy Secretary-General, spokesman Chen Zhaoren yesterday, the current Canton Fair a total of 104169 buyers abroad, compared to the autumn fair Rose 13.3%; exports traded 17.1 billion U.S. dollars, up 9.8% from last autumn's fair. The first phase of the transaction shows the recovery of the trend of growth, machine ...

It's not pleasant to be on the top of the export

As trade protection intensifies, China quietly boarded the "throne" of the world's largest exports.  In this thorny seat, China does not seem to sit comfortably. On the eve of the Spring Festival, the German Federal Bureau of Statistics released data showing that 2009 German exports amounted to 1.1213 trillion U.S. dollars (803.2 billion euros), down 18.4% from the previous year.  The figure is slightly below China's $1.2016 trillion trillion, which means China has pulled Germany from its "global export first" throne. However, the above brilliant figures can not make people complacent. "To remove exports, in a very ...

Cultural Blue Book: The Development of cultural industry shows the trend

BEIJING, May 6, 6th morning, the Chinese Academy of Social Sciences Cultural Research Center and scientific Literature Publishing House jointly held "2010" Cultural Blue Book release Will and the Chinese Cultural Industry Development Seminar and issued the "2010 China Cultural Industry Development Report." The author of the report, Professor Zhang, said that the development of the cultural industry this year showed a major trend of "not a short term contrarian growth". It should be noted, however, that the issue of economic development has been replicated to some extent in the area of cultural industry, including "growth", "GDP-focused", "focus on economic production ..."

RU Leopard to invite 09 Internet Conference Mobile Internet Salon

2009 as "China 3G Year", the development of mobile Internet has entered a crucial period. Mobile phone search, mobile phone portal, mobile browser, mobile games, mobile phone http://www.aliyun.com/zixun/aggregation/8519.html ">sns community, mobile music and other mobile internet fields have become a concern of the industry, Become a "gold mine" to be excavated, especially when the gem is about to be listed, VC investment and entrepreneurs are gearing up. Reporter learned that ...

The road to revitalizing the Emerald

58 years old this year, Zhou Xiaodong he in Zhejiang Zhuji Electronics company to Professional manager team care, alone to the Yunnan border town Ruili.  From the pure love of jade, to now deep in the industry, he hopes his efforts can revive Ruili "Emerald Road." Wen/photo reporter Souxu Zhou Xiaodong Drive, in the Yunnan Ruili Country Highway leisurely swim at ease.  Out of the window is a large field, green water paddy fields, dark green banana forest, or yellow-brown sugar cane, or a row of whirling Phoenix, in the bright summer sun swaying posture. This situation makes Zhou Xiaodong full of ...

International Watch: Chinese investment helps bankrupt Iceland's resurrection

Times weekly reporter Zhang Zipeng intern Wang Shihuan from Beijing in the global financial crisis, Iceland, with less than 19.4 billion U.S. dollars in debt, was once more than $138.3 billion trillion. Although "state insolvency" would not be a reality, no body had the power to receive a state with independent sovereignty. But theoretically insolvent Iceland is bankrupt.  Iceland's GDP per capita had previously ranked fourth in the world. Soon after the financial crisis broke out, many banks were taken over and nationalized by the government. Iceland's ambassador to China, Gonnarson, said in an interview with the FT in May that Iceland's currency has recently ...

HSBC announces January China services PMI 52

HSBC's China Business Activity index (HSBC's China services PMI) was 52.0, down from 53.1 last December, according to a report released yesterday by Yangshui HSBC.  According to the survey, the latest index was just above the November 2008 minimum record of 51.2, far below the long-term average of 57.6. Qu Hongbin, chief economist at HSBC, said the service purchasing managers ' index continued to fall to an unexpected level close to the financial crisis. This is likely due to real estate regulation and monetary tightening affect market sentiment and suppress ...

Buffett says China's housing market is like gambling in the next 10 years buy stocks

Wang Li May 1 from 21:30 to May 2 4:30, Warren Buffett held Berkshire Hathaway, the 2010 shareholder meeting in Omaha.  Mr. Buffett has made a point of Goldman Sachs at the shareholder meeting and has expressed his views on the Chinese property market. Recommended long-term investment in 10-20 years to buy shares in a total of more than 40,000 people attended the general meeting of shareholders. Every year, on the weekend of the first week of May, Berkshire holds its annual shareholder meeting in Omaha, which attracts countless investors who come from all over the world to the small city of Omaha.

St Granville 6 days Unlimited Trading

After two years of hard waiting, St, who drifted away from the edge of the city, returned to life. In the asset injection expectations, St Granville to the city out of 6 consecutive unlimited trading trend.  Morning News reporter learned yesterday that if the reorganization could not be completed during the year will be suspended, leaving St to the time is not much.  8 months must go through the reorganization of the program "exciting" restructuring program led to the company's share price bucking the rally, St Granville has been a continuous 6 trading day opened on the huge buying on board, the cumulative transaction amount of only 4.77 million yuan. The data shows that St is not ...

Wen Jiabao: Consolidating and developing stable situation and achieving stable economic development

According to the Xinhua news Agency, China's premier Wen Jiabao said in his recent visit to Shanxi Province, the consolidation and development of the current economic stability and recovery of the good situation, we must unify understanding, firm confidence, vigorously implement, maintain the continuity and stability of macroeconomic policy, promote structural adjustment, cultivate new economic growth point,  We should improve the quality and efficiency of economic growth, safeguard and improve people's livelihood and achieve steady and rapid economic development. 4th morning, Wen Jiabao came to Taiyuan Iron and Steel Co., Ltd., has inspected 4350 cubic meters of blast furnace and stainless steel cold rolling production line. He said that the development of steel industry and the integration of information ...

Qingdao High house prices forced to retreat, Korean merchants to buy house family into tenants

According to China's voice, "Yang News" January 5 14:35 reported that 2009 years of Qingdao house prices continue to climb, which not only to Qingdao people feel unbearable, even the always wasteful South Korean investors also deterred.  More and more Koreans in Qingdao are choosing to rent a house to live in. Just the past 2009, although the price of Qingdao continued to climb, but the property market was unexpectedly fire, Qingdao City, four district real estate markets total turnover of up to 69,000 sets, more than 2008 44,000 sets, a record of the highest sales over the years. Among them, the number of home buyers in South Korea is greatly reduced. This is with a few years ...

Who let Supor escape from Dongguan

In the economic recovery of the spring breeze, a foreign giant why the dead text/Davara Recently, the domestic cooker giant Supor in Zhejiang Shaoxing production base officially put into operation, the base cost reached an astonishing 1.2 billion yuan. Just outside of the supor of the big cooing, people suddenly found, has nearly 7 years of Supor Dongguan base has been deserted. As early as September, Supor had emptied all the factories in the Dongguan base.  What is the reason let Supor resolutely leave Dongguan, left the Pearl River delta? Is it because of the poor operation of the Dongguan base? In the closed East ...

Moody's: Long-term bullish on Chinese banks ' access to global markets

Securities Times reporter Guo Recently, China Construction Bank (601939) opened its first U.S. branch and the first wholly-owned European bank in New York and London respectively. CCB's focus in New York and London will be dollar clearing services and derivative products. Moody's, one of the three major rating agencies, said it had no direct impact on CCB's rating because of the small size of the business, but Moody's said the move was positive for its long-term brand value. In addition, Moody's believes that further expansion of Chinese banks overseas will be positive in the long run, but short of ...

BRICS leaders discuss bond purchases reduce reliance on dollar

The first meeting of BRICS leaders to discuss the reduction of bond purchases against the US dollar by the BRIC countries "will be unlikely to create a real challenge to the dollar's supremacy." Any hint of a specific stay away from the dollar could hurt the value of its own reserves. --BBC "Brics" is still a concept, not a mechanism, not an organization. Analysts generally believe the leaders ' meeting is more symbolic than practical. --China Securities News China, Brazil, Russia and India "BRICS" leaders held their first formal meeting in Jekaterinburg, Russia, 16th ...

Traceability Goldman fraud Door

Xu Weihao Goldman Sachs is accused of fraud that rocked Wall Street.  Analysts generally believe that this is the United States Government to strengthen financial regulation of the overture, Goldman Sachs is the only one killed to the monkeys to see the rooster. On the morning of April 16, the Securities and Exchange Commission (SEC) filed a civil lawsuit against Fabrice Fabrice, Goldman Sachs Group and its vice-president, Torre, saying it misled investors by hiding key facts from investors as they marketed a subprime-related financial product. The SEC accuses Torre of bullying ...

How Chinese businessmen view Dubai debt crisis

Abu Dhabi, December 26 (Xinhua) Summary: Chinese business How to view the Dubai debt crisis one months ago, the UAE government announced that the Dubai World Group is seeking to postpone the repayment of maturing debt, the world's uproar.  Many people are concerned, Dubai--this once created the "Desert Miracle", with a number of "world first" famous, is regarded as a model of economic development in the Arab countries, can cross the front of this karez? With the UAE central Bank and the emirate of Abu Dhabi government to aid, the Dubai debt crisis eased, the Dubai government is also pushing ...

Watch: Group of Eight Summit seeks economic recovery

Xinhua Rome July 5 Xinhua News agency reporter Zhenhua When the world economy embarked on the road to recovery? How to promote the world economy to recover as soon as possible? Can the economic recovery begin smoothly and sustainably?  These major issues will be one of the important topics to be discussed at the Group of Eight Summit to be held in Aquila, Italy. This year's summit was held against the backdrop of the most serious economic crisis in the West, which was the result of the international financial crisis in the late 30. The major western economies have plunged into recession since the summit of Japan's Dongting Lake last July, while the US was "the first" to enter recession by the end of the year. ...

Tourism Forum Ministerial Round Table: Hainan becomes the biggest beneficiary

Nanhai Network March 21 News (South China Sea Network reporter Li Xiaomei) This is a high standard of ideological collision, this is a tourism development as the core of the high-level event.  On the afternoon of March 21, the 2010 BOAO International Tourism Forum Ministerial Round Table was held at the Ritz-Carlton Hotel Ritz. Guests from all over the world tightly surround "green Hainan" to explore the development of tourism, and Hainan has become the biggest beneficiary of this event, not only harvested from the tourism sector from various countries to provide tourism development experience, but also from the national tourism, transportation, quality inspection, sports, customs and other ministries of the head of the speech, get ...

Where is the parent-child web site?

The parent-child website, which was once sought after by the wind, now all are struggling, China's internet market may be like that, others say the parent-child site has the potential, we all go to vote, the video stand well, all the money to burn, SNS a appeared everyone to engage in SNS, the successful model of the Foreigner's website moved to China without http:// Www.aliyun.com/zixun/aggregation/10604.html "> Profit model, but also every day to explore the VC optimistic about the site's profit model where?" ...

OECD: China poised to become the largest producer of manufactured goods in the next few years

Xinhua Beijing, February 2, according to the Organization for Economic Cooperation and Development (OECD) 2nd published in the "China Economic Survey Report" (2010), China in the next 5-7 years will overtake the United States as the world's largest manufacturers of manufactured goods.  In this regard, Chinese scholars believe that the Chinese economy should not only look at the total amount, but also to see China's huge population and other basic conditions. Pierre Padoan, Deputy Secretary-General of the Organisation for Economic Cooperation and Development, said at a news conference that China is leading the way out of the recession in the global economy, backed by a huge government stimulus package. ...

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