GOME Stores in Shanghai are not affected by the Rumors
During the situation that “Chairman of GOME Group Huang Guangyu, once the richest man in China, has been under investigation”, a number of GOME stores in Shanghai are still operating normally, and have no stopped supplying from suppliers.
BHP Billiton gave up mergering Rio Tinto
Integrated foreign reports, the world’s largest mining company BHP Billiton said that on Tuesday, the company will not continue to push for M&A of their rival Rio Tinto.
Petroleum and Shell signed a 20-years Contract on LNG Supply
It was learned by reporters on 25th from the China National Petroleum Corporation that, its subsidiary China National Petroleum International Limited Career company has signed a 20-year purchase agreement on LNG supply and sale with Shell company.
Short-term Adjustment of the Export Tariff has little material Impact on China’s Food
According to industry sources, with the international grain prices continued to fall back, recently China’s wheat, corn prices could not keep the export advantage. So the adjustment of the export tariffs on food is difficult to have a material impact on the market in a short term.
China Import and Export Commodities Prices both falling
According to customs statistics, in September this year China import and exprot commodities prices index dropped both, in which the imports price index was 117.5, falling 5.2% compared to August; exports price index was 106.9, falling 3.7% compared to August.
State Council held A Symposium
On Nov. 20th and 25th, Chinese Premier Wen Jiabao host a forum at Zhongnanhai for the economic experts and husiness people, in order to listen to the views and suggestions to the current economic situation and macro-economic policy.
Talk about the new Investment of the Central this year
Recently, the CPC Central Committee and State Council made a present major strategic initiatives for further expanding domestic demand, the State Council has carried out the overall deployment and decided to add investment of 100 billion yuan of the Central.
A Package of Favorable Housing Policies come out in Hainan
Hannan province, used to give first place to the housing market off the island, introduced a package of favorable policies in the housing market one after another in November, in order to stimulate consumers’ demand on the island.
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