Waste money can not solved the problem
This week, Europe’s debt crisis broken the confidence of the market again. I.M.F. said Europe’s Debt Crisis could spread, and some guys are talking the crisis will becomde a long term crisis. In USA, the debt broken the allowed limit again…, you should heared Gross had sale out these debt many months b4… In China, [...]
Chinese Facebook
The CEO of facebook come to china last month, I heard he visit baidu and other leaders of chinese internet, maybe he will found chinese is begin building their own facebook. We know facebook is open source and build on php which is easy to study and developement, so clone facebook model is populat in [...]
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Chinese shares drop down 5 percent today
Today, chinese SHANG HAI stock marker drop down 5 percent , in afternoon, there are even a 7% drop down happened. At the end , SHANG HAI Index closed at 3266Â which eat the rise up in last week, this is the most drop down in last 8 months. Before today, a new share listed [...]
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China’s futures market,somebody happy and somebody sad
Yesterday evening, LME copper (three months) create the record of the year, closed at $4600 , the records in the history is $8940 in last June. Today, ShangHai copper (3 months : 0911 ) open at 44600 YUAN and closed at 44830 YUAN, the voloum is 833,398 . With the good data of economy published [...]
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China must guard against asset bubbles
Last CCTV reported,the price of an apartment in Bei Jing increased by 60% in few months, from 13500 YUAN /square meters to more than 20000 YUAN/square meters, it means 2950 U.S. dollars / square meters, or let’s say 275 U.S. dollars / square feet. In many better community area, it is normal for 30000 YUAN [...]
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Perhaps China is lossing Australia, but Australia is also lossing of China
Some employees of Riotinto China recently were accused of espionage and bribery in China have been detained staff survey, Australian Prime Minister Kevin Rudd said: the interests of the Chinese in Australia will face a crisis, and even other country’s economic interests now also at the critical juncture. Many chinese these words is no help [...]
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I am fear
I must recognition, I am FEAR. Why, I read paper today, the price of a house in suburbs rose up 100% in recent 6 moths !! In many city the price of real estate rose up more than 30% in recent 3 months . I read a report wrote by Social Sciences OF China, in [...]
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China didn’t manipulate exchange rate
A important economic official of USA said last week, Obama think china is manipulating exchange rate.His words make many Chinese angry and unfair,as we all know,It seems China never changed exchange rate policy since 1997.when most of country in Asia depreciated currency in 1997,China stick to the high exchange rate level to maintain the Asian [...]
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China begin 3G network construction
The biggest mobile company in china–china mobile company said them will invest 8.5 billion U.S. dollars to build their 3G network,this plan will build core network and more than 60,000 base stations in this year. At this moment,I notes that the manager of TD-SCDMA(china own intellectual property rights of this 3G network tech) feel very [...]
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China,coal output slide down
With the financial crisis and the price of Oil dive over,Chinese coal output contine slow on.The raw coal ‘s output is only 2,290,000,000 Tonnes now,and because many chinese company is closed,the request from china is slide down too,This year’s GDP of China maybe just 9.9 point,so china coal industry will face a persistent crisis. Ofcause,this [...]
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