online shopping will increase 60%
China Internet Network Information Center report shows that in 2008 China’s Internet users are nearly 300 million, increasing 41.9 % campared with the same period in 2007. due to the impact of economic crisis, the growth of online shopping market trend is clear. The current number of people online shopping has reached 74 million, an [...]
China will lose 4 million jobs in this year
A famous economist said,china will lost 4 million jobs in 2009,I think he said out a big problem which we must face.Severl months ago,many official said there have no crisis, no migrant workers come back home,no many company cloesed,we must keep confidence.I am glad this economist say out this problem,because he is a famous economist [...]
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42.7 percent of Chinese enterprises may laid off
Two domestic consulting company make an survey on China’s enterprises, 42.7 percent of surveyed companies said that they may possible reduce costs through job cuts to cope with the severe economic situation. “First Financial Daily” reported,Beijing Taihe consultancy firm and the US Towers Perrin Advisory China branch announced the report”global economic crisis impact on Human [...]
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College gratuates face severe employment situation next year in China
There will be 20,000,000 loss of jobs all over the world by the end of next year.In China, a large-scale layoffs have not occurred, but for graduates from university next year, to look for a job has become increasingly difficult. According to statistics, there are 610 million national college graduates next year, while in previous [...]
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Chinese output face slowdown
Today the biggest city in economy area–ShangHai, be reported the foreign trade slowdown 3.6 percentage points from a year ago.The newest number of outport expanded is 23%,But as we all know,Chinese YUAN is depreciated with US.Dollar and Chinese YUAN is depreciated face internal price system.So actually,the number of slowdown is not only 3.6%. Yesterday I [...]
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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 [...]
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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 [...]
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China:time to double-digit growth of PPI?
Today, the National Bureau of Statistics said china’s PPI of July (The producer price index) is rose 10%.It is the highest since 1996.I think this trend will exacerbate the trend of rising prices.Because there have a lag effect that the rose conduction from PPI to CPI,I guess maybe it will happened after 2008 Olympic games.In [...]
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Foreign exchange reserves exceed $14 bln in last month:Macao in China
At the end of last month,Macao’s foreign exchange reserves exceed $14 billion U.S. dollars,compared with the same period in 2007,FES have increased 34.4%. In order to let people share with the economic growth,and for help people resist the inflation,the Macao government pay their residents dividend in last month.After one week,DongGuan city,a town in the south [...]
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The World Bank raises inflation projection for China
The World Bank raises inflation projection for China from 4.6 persent to 7 persent,after China goverment raise the price of Oil and electricity on yesterday night.And The world Bank raises their projection of chinese GDP from 9.6 to 9.8 too.Chinese goverment had announcemen The GDP of 2008 will been 8 percent.I don’t know at the [...]
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