Archive for the ‘China Finance’ Category
BYD shares up 6.3% in Buffett’s three-day visit

Warren Buffett supports BYD, not only improves the BYD brand and reputation, and also allows the two sides raising their own wealth. On Sep 27, Buffett arrived in Shenzhen to attend activities of BYD, BYD shares open higher to 56.15 Hong Kong dollars, up 1.53%, on Sep 28, BYD shares followed the broader market edged [...]

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BHPBilliton approved the acquisition of additional potassium

The world’s largest mining company BHP Billiton today announced the acquisition of the company’s initiating Potash Company of Canada potash producers have been approved by the U.S. Federal Trade Commission, which is the first time ever overseas acquisition’s official approval. Professional staff said the acquisition approved by the Canadian competition authorities is crucial. According to international [...]

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About exchange rate of china YUAN, Geithner IS ERROR

Many many days in this year, there are many many conflict in USA and CHINA. USA sell weapon to TAIWAN, USA intervene the internal affairs of CHINA:Tibet, USA tell all neighbor of CHINA: CHINAS is threatening them, USA is telling the world: CHINA are manipulate the exchange rate…. ok. I had to say I am [...]

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China should not say recovery so easy

Last I found china official said china economy had “recovery” , I do not think it is a wisedom action. Actually, chinese outport still reducing , we all know outport is very important for chinese industry , if outport and trade is still reducing, this kind of “recovery” is not a solid “recovery” , maybe [...]

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China plan to subsidies for replacement of old car

It is reported,China’s Ministry of Commerce, the Ministry of Finance announced yesterday, plan to subsidies for the old car replacement new car , the main target is the upcoming retirement of old vehicles, subsidies would begin from June 1, 2009 end in May 31.2010 .

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China began to establish rural social endowment insurance system

Yesterday, China announced to establish new rural social endowment insurance system, which will maintain further social stability in rural areas, new rural social endowment insurance pilotin project will open 10% of the counties (cities, districts) in 2009 in China.

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China adjust export tariffs of some products

According to report,China adjust export tariffs of some products, eliminating tentative export tariff of wheat, rice, soybeans and other food products, as well as sulfuric acid, wire and so on on industrial products,  reduce tentative exports tariffs of the fine talcum powder heads, small and medium-sized steel, some fluoride chemicals, part of tungsten, molybdenum, indium [...]

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China’s the world’s fastest-growing country of urban rail transit, more than 800 kilometers

China has become the world’s fastest-growing urban rail transit countries. In the end of last year, The domestic 30 urban rail transit lines in 10 cities reached 813.7 kilometers. Shanghai is one of the longest operating mileage, reached 235 kilometers.

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China Commerce Ministry start to purchase and deposit the domestic freezed pork to avoid the price of live pigs fall down excessively

China Commerce Department reported ,China start the purchase and deposition of frozen pork to avoid a sharp decline in price,stabilize pig production,protect the interests of farmers, and promote stability of live pigs and pork market.

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Buying energy-saving air-conditioning might get the highest RMB 850 subsidies

China will promote energy-saving products through financial subsidies, The products with subsidies maybe include air conditioners, refrigerators, flat-panel TVs and other 10 categories energy efficient products. The electronics stores said, the Beijing market start subsidies on energy-saving air-conditioning today ,the highest subsidy amounted to RMB850 each.  

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