Financial Crisis

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South Korea plans to sell South Korean experience at Seoul G20 Financial summit

Global Network intern reporter Song Weigang reported January 21 South Korea's "Central daily" website reported that the Seoul 20 summit of the Preparatory Committee Sakong 20th at a press conference, said: "South Korea has economic development and the successful experience of emerging from the financial crisis." We will strive to make South Korea's achievement the "Korean Standard (Korea standard)" in November this year in Seoul held the group of 20 summit issues. "Sakong also said that is currently actively considering the inclusion of the 20 Seoul summit on the topic of the content of the international financial institutions to strengthen the early warning function ...

The hypocrisy and the end of fundamentalism

"The financial crisis may have passed, but everything has changed, completely changed. "The anniversary of the financial tsunami," the British times commentary said. What has the financial tsunami changed?  I thought it was the fundamental change in the human mind brought about by the financial crisis, and the hypocritical market fundamentalism had gone bankrupt, at least fading. In short, market fundamentalism is the belief that markets are omnipotent, and that the less government intervenes in the market, the better. As long as firmly believe that market freedom, market competition, "invisible hand" can handle everything, prosperity, stability, fairness, and justice. Although thought ...

Li Yizhong: Next year's industrial growth rate continues to be 11%

BEIJING, December 21 (Xinhua) in today's national Industrial and Information Conference, Ministry of Industry Minister Li Yizhong speculated that this year's annual industrial growth is expected to reach about 11%, with the industry's growth rate of 11% years GDP growth is not a problem.  On this basis, the Ministry of Industry will continue to determine the next year's industrial growth rate of 11%.  Li said that with the support of the national "package" of economic stimulus policies, industrial growth has achieved a "V" font of the rally, to stabilize the good. But in the opinion of Li Yizhong, next year is the key year to deal with the international financial crisis. Li Yizhong said ...

Example strength: Li Ning, Anta, China trends over 50% growth

Comics: 邝飚 Despite the financial crisis, the Chinese sportswear brand's listing plan has not been aborted.  On the contrary, the 2008-year growth figures, represented by Li Ning (02331.HK), Anta (02020.HK) and China Trend (03818.HK), have strengthened the confidence of the latter. Yesterday, Hong Kong media reported that the Chinese sports apparel retailer of Fujian and 361° plan in the three quarter of this year in the Hong Kong market Initial public offering (IPO), the amount of financing amounted to 400 million U.S. dollars. ...

China's GDP growth 9% next year

The economic Blue Book, released 7th by the Chinese Academy of Social Sciences, predicts that if the 2010 world financial crisis no longer worsens further, there will not be a large range of serious natural disasters and other major problems in the country, GDP growth rate would steadily rebound to about 9% of the growth level.  In addition, the Blue Book predicts that in the context of an overall steady growth in demand and sufficient production and supply capacity, China's economy is not expected to show significant inflation in 2010, with CPI rising within 3%. At the same time, the economic Blue Book pointed out that the rising housing prices must be effectively resolved: in order to effectively curb house prices constantly ...

Migrant workers back to the peak soon, the labor situation this year will be?

The next one months, Guangzhou needs to supplement 150,000 people, has been normalized, there is no "migrant workers shortage" migrant workers back to the peak soon, the labor situation this year will be how? Yangcheng Evening News reporter 6th from the Guangzhou Human Resources Market Service center learned that the current Guangzhou employment has reverted to the international financial crisis before the normal track, employment is stable, the expected one months after the enterprise needs normal replenishment of 150,000 people, and last year flat.  The attractiveness of Guangzhou to foreign workers has also continued to grow, the early this year, the employment of migrant workers record up to 2.87 million people, a record high. Guangzhou Human Resources Market Service Center Director Baosheng ...

Whether the medicine unit can make a comeback under the three major catalysts

The pharmaceutical industry is a typical aperiodic industry with a strong ability to resist risks. Even under the impact of the financial crisis, the pharmaceutical industry is still maintaining a more stable growth trend.  At present, the pharmaceutical sector has come down to a relatively reasonable level, is expected in the basic drug catalogue will be issued, inflation expectations, such as the role of catalysts, medicine plate is expected to usher in a phased opportunity. The rise and fall related to the flu nearly two days since the pharmaceutical sector has a strong sign of strength, but before this, the pharmaceutical sector performance was significantly weaker than the big city. From the market level, it is mainly due to the anticipation of influenza A and news changes. April ...

HSBC: China's demand has led to a big increase in export earnings of world commodity-producing countries

China News Agency, Shanghai, February 5 (Xinhua) HSBC Group chief economist Stephen and HSBC Asia-Pacific senior economist Neumann today commented that Chinese demand has led to a big increase in export earnings of world commodity-producing countries.  Domestic demand has now become a major driver of growth in China and Asia.  Two economists point out that China's savings rate is expected to fall by about 5% per cent over the next 3 years as the government increases social security and encourages consumption. Stephen and Neumann said commodity prices remained remarkably resilient during the global financial crisis, partly reflecting strong demand in the Chinese market. China is still at the stage of development ...

Chinese companies purchase $500 million worth of RV in US

Los ANGELES, April 28 (Xinhua) China's Sichuan JIU investment group 28th and the United States full speed Tatsu Holding group signed a total of 500 million U.S. dollars in the purchase of United States car contract, procurement will be completed in 5 years.  In addition to the purchase of RV, JIU Investment Group will also cooperate with the full speed group in a number of areas, such as RV camp and the land industry, modified vehicle industry, outdoor camping and sporting goods chain retail industry. The 2010 was the 100 anniversary of the American RV industry, but the crash of the financial crisis has reduced the cost of American travel and the car industry. 2004 U.S. car production capacity of 370,000 vehicles, 20 ...

Work is not easy to find, Internet access

Due to the impact of the global financial crisis, some sectors of the domestic industry has been depressed, corporate closures and layoffs abound, university job fairs are also affected by the http://www.aliyun.com/zixun/aggregation/15530.html "> Large enterprises significantly reduced, and even some well-known enterprises to cancel this year's campus recruitment, a lot of fresh graduates no longer stare at the high salary into the name of the enterprise, most of the reduction requirements first to achieve employment, some even began to seek to make money out of the way. In the face of today's employment difficulties, I believe that a lot of ...

Four Ministries report 4 trillion investment progress new investment most of the implementation

"As at the end of April this year, three central investment project plans have been issued more than 90%."  "May 27 afternoon State Council News Office press conference, Deputy director of the National Development and Reform Commission Mu Hong said." In response to the international financial crisis, the Chinese government allocated 100 billion yuan and 130 billion yuan central new investment in the four quarter of 2008 and early 2009. Since April, the third batch of new central investment was $70 billion. From hundreds of billions of dollars to $70 billion, some worry that perhaps the central government's new investment has weakened. Today's focus May 28, 2009 "After the establishment of the recovery ...

The Blue Book of the Academy of Social Sciences makes more optimistic forecast for next year

Xinhua Beijing, December 7, the Chinese Academy of Social Sciences 7th released the "Economic Blue Book" predicted that if the 2010 world financial crisis no longer seriously deteriorated, the domestic does not appear a large range of serious natural disasters and other major problems, GDP growth rate will steadily rebound to about 9% of the growth level. Dr. Zhang, Institute of Quantitative Economics and Technology of the Chinese Academy of Social Sciences, said that there are three factors affecting GDP dynamics: first, investment, the 2009 China's basic reliance on investment-driven growth, the situation is very clear, so the 2009 forecast result is the whole society fixed ...

Chinese economy fully recovers next year: Cass

Liu Yu-Young Sino-New Society, Beijing, June 20 (Xinhua) China's economic recovery is still a matter of opinion after the Chinese statistics department released its May economic data in early June, and the Chinese Academy of Social Sciences said the economy would recover fully next year and enter a new round of economic cycle. Shucheng, director of the Institute of Economic Research at the Chinese Academy of Social Sciences, said at the China economic growth and cycle forum that from the perspective of coping with the financial crisis, from July 2008 to the first quarter of this year, it was a period of rapid decline. The second phase of the stabilisation of the recovery stage, this phase from the two quarter of this year, continued to the end of this year, the current ...

Last week's market volume hit a 50-week low or there will be oversupply

Zhaojia Mapping after the spring Festival or will be oversupply, discount sales will be more greatly affected by the sharp decline in supply and banks to suspend lending, last week, the Shanghai property market for supply, demand, price overall decline.  Among them, 141,900 square meters of weekly turnover set a new low of nearly 50 weeks, close to the financial crisis after the worst housing market last December level. Yi Ju China · The CRIC system shows that last week (January 18-24th) deals only 141,900 square meters of residential listings, down 17.2% after a 3-week slump. This volume ...

Overall arrangement of employment China implements six measures to stabilize employment

Xinhua Beijing, December 24 (reporter Zhao, Chi Qingxin) commissioned by the State Council, human Resources and Social Security Minister Yin 24th to the NPC Standing Committee of the 12th meeting of the National People's Congress to report on employment and re-employment work since this year.  Yin said that in order to cope with the great impact of the international financial crisis on China's employment, the State has implemented six measures to stabilize employment. Since last year, the great impact of the international financial crisis on China's employment has manifested itself in the following: The contradiction of labor supply exceeds the demand; a group of enterprises operating difficulties, job instability, economic growth slowed down, the employment of the pull ...

Why RMB fund becomes the new favorite of foreign capital

Xinhua Shanghai February 25 Question: Why RMB funds become foreign "new darling"? The international well-known equity investment company Carlyle Group 24th and the domestic largest comprehensive private enterprise Fosun Group announced jointly, the two sides will jointly set up a joint-brand renminbi fund. It is also the second renminbi fund that Carlyle has set up in less than two months. [Related reading: Carlyle again set up RMB fund "China theme" investment to attract global attention] in the past two years, in contrast to the global investment market downturn after the international financial crisis, the domestic investment market frequently ...

NOTICE: ICBC "Investment and wealth management knowledge spread thousands of miles" public activities

With the rapid and steady growth of China's economy, the investment and financing market has developed rapidly, and the residents ' financial awareness has obviously improved. However, due to the impact of the international financial crisis, investment in financial markets in recent years complex and changeable, after 2007 years of blowout Development, 2008 deep correction, and then to 2009 rational rebound, in today's post-financial crisis era, More and more residents are becoming more and more aware of the importance of the scientific financial methods such as asset allocation and risk management. In view of this, the financial supervision part has always attached importance to the education of investors to improve the quality of investment and financial management, to build a healthy and harmonious market environment. ...

China's economy is expected to fully recover urbanization is one of the important power sources

Xinhua Beijing, December 7, the Chinese Academy of Social Sciences 7th released the "Economic Blue Book" pointed out that 2010 China's economy is expected to fully recover, in the new cycle of the increase in urbanization rate, as well as the corresponding real estate industry, especially the development of housing industry, is still a new cycle of important power source. According to the Blue Book, from the perspective of coping with the international financial crisis, China's economy has experienced the first stage from July 2008 to February 2009, namely the "rapid decline" phase, which is currently underway from March 2009, and is expected to last until the end of this year.

China's massive investment construction will open a new wave of urbanization

Xinhua Beijing, June 15 (Xinhua Wang) The Chinese Academy of Social Sciences announced 15th in Beijing, the Urban Blue Book: China Urban Development Report (No.2).  The Blue Book thinks, 2009, large-scale investment construction and industry revitalization plan will open China's new wave of urbanization. The Blue book shows that in the face of the fierce international financial crisis, the Government once again restarted a positive fiscal policy, proposed in the next two years to invest 4 trillion yuan to implement the economic stimulus plan, which is a considerable part of the urbanization construction, investment scale and investment intensity unprecedented. At the same time, 10.

Zhou Xiaochuan: It is necessary to issue local debt

Reporter: Fang Ye intern: Fan July 4, in the "China regional financial eco-environmental assessment" Results of the conference, Zhou said that the current need to issue local government debt and municipal debt. Zhou Xiaochuan said that there were many local governments ' administrative intervention in the economy in the middle of the 90. After the 1998 Asian financial crisis, the central government began to demand a reduction in local intervention. At present, China is in the stage of speeding up the development of urbanization, the development of urbanization needs a reasonable mechanism, but the current financial system is not enough to meet. In the current situation of local government finance is not very well-off ...

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