Archive for September, 2008

Rising oil price could impact China industrial restructuring

The price hike has infected the Chinese economy, China will meet industry restructuring challenges,The rising raw materials and salary made China difficult to rely on cheap labor for export.
China probably face a slow economy.The economy growth is dependent on oil prices
Less oil use and more more effort towards technology upgrades in manufacturing maybe is a good way.

China:CPI rise of about 5 percent in August

Consumer price index rise of about 5 percent in Aug year-to-year in Aug,It seems the rising rate is down,but I found some goods which people must buy are continue rising,For example,This month I had to spend more than 125% money to buy eggs in market in Sep.Because the price of oil is down,so I guess the CPI will continue keeping in a low level,but the price of foods will decided the CPI in next months.At the same time,a report about rising worker’s salary been submit to the relation departermant,but the advice will not been accept in a short time,because China now need more growth number for keep a good status for economy.

Prudent and Hesitation:China private equity investment

China stock market continue forward north in last months,and CPI,PPI continue run in a risk area,it cause china private investor begin feel Prudent and Hesitation in equity investment.

Acctually,private equity investment in China had down 70% month-on-month in August,china investor just cost 410 million U.S. dollars in private equity investment,it is not a good news for the task to improve economy rate.

The number(70 persent) told us more and more people begin Prudent and Hesitation,and many china investor open their eyes to look what will happen in euro and usa.