Archive for the ‘China Finance’ Category
China’s industrial profit decline margin continues to shrink

22 national industrial profit reach 487.3 billion yuan,drop down 27.9% than same period last year from January to April this year, decline decreased 4.3 % than that of the first quarter.

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China electricity consumption in April dropped 3.63% year-on-year

China electricity consumption in April decline 3.63% year-on-year, and this data is 2.01% in March, the expanded drop. Experts point out that the reduction of industrial production electricity consumption that is more than 75% of total electricity consumption in the community is the main reason, Whether industrial growth continue to slow down will affect the [...]

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China large-scale Internet failure

Today, a major area of internet failure happen in Jiangsu, Hebei, Shanxi, Guangxi, Zhejiang,China,the reason is that the domain name system of baofeng.com network was attacked, and the impact a number of dns servers, at current, problem has been resolved.

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Strange iron ore imports

This year, the Chinese steel industry production capacity exceeded demand, but China’s iron ore imports hit a record. Chinese traders all together funds only buy 3,000 tons of iron ore, but recently there are 5400 tons of iron ore import into China, many people in the world estimated that international ore giant make use of [...]

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Domestic soybean industry chain is facing a serious decline

It is reported that the sale of domestic soybean led to large-scale production of oil processing enterprises, China’s soybean industry has been plunged into a crisis situation. in the global bad trading situation, a large amount of low-cost soybeans flow to China so that Chinese soybean imports monthly more than three million tons for consecutive [...]

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China’s first H1N1 suspected case was found

According to China’s Xinhua(http://news.xinhuanet.com/newscenter/2009-05/10/content_11348819.htm) reports thattoday, the first case of H1N1 is found in suspected cases in Sichuan province , China, the patients fly back from the United States to Sichuan, China should speed up the pace of vaccine development.

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vegetable prices rose 60% year-on-year in Beijing

Yesterday, the Beijing Baliqiao agricultural wholesale market release price monitoring report, the average wholesale price of 41 kinds of vegetables is 2.87 yuan per kg, decreased by 9% than the same period last week, rising up 61% than the same period last year 1.78 yuan per kg, increase significantly for the parsley vegetables, yam, Garlic [...]

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China’s rapid expansion of credit

China’s banking sector financial institutions have 4.52 trillion yuan of new loans in the first quarter of this year, It is reported that authority vice chairman of China Banking Regulatory Commission had said that “this new credit is expected to be more than 8000 billion”, many people worried about the rapid expansion of credit, today [...]

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The business survey in the first quarter: decline in demand as the biggest challenge

Impacted by the international financial crisis,how about Chinese enterprises survive situation in the first quarter? Chinese Entrepreneurs Survey System conduct a special investigation from the end of March to early April. Survey shows that declining orders, production and sales fell, prices, import and export reduction, resulting in a decline in corporate profits, reduced employment, decline [...]

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China become the world’s largest vehicle-producing countries

Chinese car share reach 17.2% in the world automobile market in 2008, while Germany fell to 14.7%, the United States decreased to 14.6%, in March this year, new car sales in China reached 1.11 million, China become the world’s largest vehicle-producing countries, I think, as an emerging market, China may become the most profitable market.

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