Archive for February, 2009

Beijing: “spring warm up real estate market ”activity

Beijing: “spring warm up real estate market “, the Government urged the developers to cut prices
Beijing is about to start ” spring warm up real estate market ” activities led by the Beijing Municipal Government.This activity is in line with the just-introduced Beijing 15 New Deal, so that the Government’s preferential policies can link up with developers as soon as possible, bubble of real estate market will be finally squeezed out, achieve volume recover.

 

Argentina enterprises seek to restrict imports of Chinese children wear

industry to strengthen the protection of
Argentina Children Association recently asked the Albanian government to restrict imports children’s clothing from China, and strengthen the protection of their relevant industries. In recent months, the Argentine government has adopted a series of measures to strengthen restrictions on imported products, from Brazil and China, some products become the focus of Alfonso restrictions.

China will permit insurance companies directly to invest the stock market

China will increase investment in the bond of insurance industry varieties, improve the proportion of bond investments, and gradually open up some of unsecured bonds and asset securitization product development, will permit some small and medium-sized insurance companies directly to invest in the stock market.I think this will be a significant change to Chinese insurance industry.

coupons are handed out in some cities of China

coupons are handed out in some cities of China
recently,Chengdu and Hangzhou extend coupons in order to stimulate the consumption, National Commerce  Ministry expressed the consent, because China’s current economic over-relied on exports, increasing domestic demand and promote domestic demand are beneficial, I also think this behavior is positive, but only coupons can not solve China’s current economic difficulties, the high housing prices, medical insurance, social security, employment and other issues are all urgent problem to solve, we all know,the Chinese ordinary people need to work more than 20 years as to afford one house,dare they consume at their pleasure?

Chinese granting of loans surge this year

Chinese granting of loans surge this year
By the end of 2008, China’s export trade is slowing down, in order to stimulate economic development, China actively encourage the bank to extend a loan. a staff worked in the the Ministry of Finance of the state-owned commercial banks, told reporters, ” we put out 4,5 billion loan in only one and half month this year, have completed half of the amount of granting of loans this year.we are expected to complete all of the amount on March . “At the same time, the NPC Standing Committee is discussing the report on the arrangement of local government bonds issuance in 2009, these measures show that China is making use of quantitative economic tools to stimulate economic development. I think, at the same time, we must pay attention to return efficiency of the funds and ultimately the flow of funds, otherwise, if the global economic recession could not recover in the short term, imprudent behavior may lead to ineffective investment and bad debts of banks, so at present,it is essential is to require the economic stimulus plan audit.

Wahaha Company contrarian recruit thousands people

Affected by the global financial crisis, many companies have laid off since 2008, but some other enterprises are in the contrarian expansion. Wahaha revenue in 2008 reached more than 300 million,retaining at the top of Chinese beverage industry for 12 consecutive years. To further expand the market, the president,Zong Qinghou recently lead executives to Beijing for the recruitment this year, and expected to recruit more than 7000 people,we can see,the key lies in innovation.

India say no to Chinese toys

India say no to Chinese toys
Recently, the Indian government ordered a six-month lock-up order on Chinese-made toys. And India has embarked an anti-dumping investigation on 10 kinds of Chinese products. In fact, not only in India, the United States, Europe and other countries are taking such trade protection measures.
as we all know, trade protectionist measures will lead to a trade war, and ultimately result in the narrow trade volume in the whole world, The result is that a large part of country’s economy would be badly hit, rising unemployment, increasing social crisis, and trigger a conflict between the country and even the war. financial crisis in 1929 precisely is due to the world trade protectionism around the world,which lead to several times narrower trade volume than before, very high unemployment rate, productivity, and ultimately led to World War II.

Property prices decline 30% in Beijing

Property prices fall by some 30% in Beijing
after the Spring Festival, property market of Beijing set off a new round of price surges. Some of property developers once again open a significant discount sales and even reach 30% decline. the specialists said Government promote many policies for property trade, but buyers are still waiting to see, developers need to fall the price to promote the transaction.

China will issue the national debt 2 times than that in 2008

China will issue the national debt 2 times than that in 2008
According to market estimates, China will issue the size of treasury bonds 2 times than that in 2008, that means between 1.4 trillion to 1.6 trillion yuan.

England may suffer the financial crisis once again

According to recent news reports, this year England may suffer the financial crisis once again, the unemployment rate rose to 7.6 percent in the United States, 100,000 enterprises is likely to have bankruptcy in Australia,China may also challenge with overcapacity and shrinking of external demand.
It is the most essential thing that the world reunion and implement effective interventions, and supervisor financial industry of the United States severely,reduce unnecessary spending, relying on new technologies to create new economic growth point, in particular pay attention to the future important pillar of the economic crisis – the economic development of emerging countries.