Archive for March, 2009
fragile Chimerica

The proposal that SDR gradually replace the status of the dollar has been supported by BRICS and the IMF, but has encountered opposition from the United States and the European Union. It expected at the G20 meeting, the proposal will not be produce the actual results, but in my opinion, at least people will recognize […]

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Chinese alternative proposal about US dollar supported by the United Nations

Chinese alternative proposal about US dollar supported by the United Nations People’s Bank of China Governor Zhou Xiaochuan on the 23rd of this month promoted to set up a new international reserve currency to replace the US dollar, at present, this proposal was echoed not only by Russia, Brazil and other emerging markets, but also […]

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The nationwide scale industrial enterprises profit fell 37.3% on Feburay

The nationwide scale industrial enterprises profit fell 37.3% on Feburay from Jan to Feb, the national industrial enterprises above designated size (main business enterprises with annual revenue more than five million yuan, the same below) realized a total profit of 219.1 billion yuan, 37.3% decline compared to the period last year. In 39 industrial sectors, […]

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Experts said the oil price increasing will make the downstream industry under pressure

Experts said the oil price increasing will make the downstream industry under pressure Media said that in view of the recent international market crude oil prices continued to rise, the Government decided from 0:00 today,gasoline and diesel prices were increased by 290 yuan RMB per ton and 180 yuan RMB. This is the second National […]

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Experts believe that house prices have 40% to 50% price reduction Spaces

  According to media reports, experts believe that house prices are still declining trend the times, the current prices compared to income of residents is still too high. At the international level, the reasonable proportion of house prices compared to household income is 3-5 times, but now China ratio reach about 12 times, that means […]

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Steel has fallen to the price levels in 1994

Steel has fallen to the price levels in 1994 Recently media reports, because excess steel production capacity led to price fluctuations in steel prices this year, in early March steel has fallen below the price level in 1994. In addition, the international market demand decline seriously result in a substantial decline in this year, in […]

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30,000 yuan to buy the minibus to enjoy 4,500 yuan subsidy

30,000 yuan to buy the minibus to enjoy 4,500 yuan subsidy Chinese official open the National Automobile Motorcycle going to the countryside,if a farmers purchase mini-buses worthy of 30,000 yuan, he would be able to get 4,500 yuan subsidies, the implementation of car to the countryside, will expand automobile consumer market.

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the new management regulations of securities broker introduced

the new management regulations of securities broker introduced Securities management announced new management regulations of securities dealers, securities brokers should pass the qualifying examination, and who possess the required conditions for securities practitioners practice; securities companies should train securities brokers for no less than 60 hours before work, and test the effect of pre-service training. […]

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Chinese exports fell

Chinese exports fell China’s foreign trade imports and exports on February is 124.95 billion U.S. dollars ,for the same period last year dropped 24.9 percent, the trade surplus compared with January drop nearly 90% , far more than previously forecast by economists. news media commented that exports will continue to fall on February to further […]

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China’s industrial added value grew 3.8% from January to February

China’s industrial added value grew 3.8% from January to FebruaryNational Bureau of Statistics said that the January-February this year, China’s industrial added value from Jan to Feb grew 3.8% year-on-year, growth in February is 11.0%  

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