Overseas Promotion of 30 Million U.S. dollars from Alibaba Brings New Opportunities
Chinese largest B2B e-commerce business Alibaba recently announced to carry out a 30 million U.S. dollars large-scale overseas promotion program to help Chinese export enterprises further explore overseas markets. However, the industry still has doubts that facing the declining demand because of European and American financial crisis, this plan is a breakout for Alibaba and small and medium enterprises, or strategic layout in crisis?
Alibaba ceases to park the Advertisements in Baidu
Alibaba announces that the site will soon stop advertising on Baidu. It is reported that Alibaba suddenly stops the advertisement on Baidu, while in the past one years, the advertising volume reached thousands of millions yuan. The industry analyzes the real reason is that now the relationship between the largest search company and largest e-commerce business is from the mutually beneficial cooperation Relationship into a competitive relationship; in that case, the original co-operation naturally disappeared.
Top 10 in 08 Forbes China Magnate List
1.Liu Yongxing (3 Billion U.S. dollars); 2. Huang Guangyu (2.7 Billion U.S. dollars); 3. Yang Huiyan (2.22 Billion U.S. dollars); 4. Liu Yonghao (2.2 billion); Zhou Chengjian and his family (2 Billion); 6. Zhang Jindong, chairman of Suning Appliance; 7. Baidu CEO Li Yanhong; 8. Du Shuanghua, chairman and vice general manager of Jinhua Chuangxin Group; 9. Tencent CEO Ma Huateng; 10. Zhoufuren and his family
The Star Richers get out of 2008 Forbes China Rich List
In the past one year, as the global stock market slumps and the economy shocks, there are 141 magnates getting out of 2008 Forbes China Rich list Top 400. Among which, there are 39 people in the real estate industry having been removed from the list. However, its number in the real estate industry occupies the largest proportion, which accounts for 28% of the total number.
British Prime Minister find help from Premier Wen for the total capital injection into IMF
British Prime Minister Brown will call the Chinese Prime Minister Wen Jiabao for the request because of the International Monetary Fund (IMF) injection of funds, who reached the bottom of the barrel.
Wen Jiabao accepted an interview with Russian media: it is expected in later 3 months inflation will continue to decline
Premier Wen Jiabao in Moscow on the 29th accepted a joint interview of the deputy director of Russia’s ITAR – TASS and the first vice president of Chico Interfax Ebodulin, on the development of Sino-Russian strategic partnership and deepen Pragmatic cooperation between the two countries.
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