China Financial Daily

December 30, 2008

Guess about China

Filed under: Financial News — Tags: — Nancy @ 8:49 am -0800

Russian scholars predicted that the United States such as California in 2010 may to be split to belong to China
According to Russian “sources” and the United States, “the Wall Street Journal” it was reported on 29th, that according to the Pana Lin, it was predicted that in the roles of a number of social, economic and other issues, the United States in autumn of 2009 was to outbreak of civil war, then the substantial depreciation of the dollar, by 2010 from June to July, the United States be split the “big six.” Pana Lin believed that the split occurred about rate of 45% – 55%. Pana Lin also pointed out that after the United States be “split” it was to be carved up by foreign, including China and Russia.

U.S. media jumped to guess the Chinese navy to put to death for pirates in Somalia
Global Times’ reporter Li Ming reported that regular U.S. military strategy for network news published on the 28th article entitled “how will China do?”, which on China’s death penalty system put up unjustified attacks, and unfounded and unsubstantiated with China’s naval mission to Somalia to defend the implementation to contact together. The article cited an example at the beginning of the first, which German frigate captured 6 pirates and subsequently released and explained that under German law only allows prosecution of pirates who attacked the Germans, but that 6 of piracy attacks in Egypt vessels.

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29th GCC summit

Filed under: Financial News — Tags: — Nancy @ 8:41 am -0800

29th GCC summit in Muscat was opened
Xinhua in Muscat on December 29th (Reporter Chen Guofang Chen Gongzheng) the 29th Gulf Cooperation Council (GCC) summit on the 29th in the Omani capital, Muscat was opened, in which meeting, leaders of the member states were to discuss on economic integration and regional security issues. And the armed forces supreme commander of Sultanate of Oman, the prime minister and defense and foreign affairs, finance minister, Qaboos Bin Said presided over the opening ceremony.

Oman’s Oil Minister said 70 U.S. dollars a barrel for a reasonable price
Oman, “the motherland” on the 30th quoted Romhi as saying that the Prime Minister of the Sultanate of Oman Qaboos Bin Said on the 29th the expression of on the oil price was that Oman and other GCC member countries had a common stance. Qaboos on the same day in the 29th Gulf Cooperation Council (GCC) summit’ opening ceremony said that the international market oil prices needed to maintain stability, so should not be a burden to consumers, but also to avoid causing oil-producing countries Loss.

The single currency in the future of the Gulf could be called “Kaila Mi” or “sea-yuan”
Xinhua in Muscat on December 29th (Reporter Luo Guofang) in Oman, according to informed sources it was disclosed on 29th that the Gulf Cooperation Council (GCC) summit which was being held would discuss the issue of naming a single currency, that is in the future of the Gulf single currency might be called the “Kaila Mi” (Arabic, which means distinguished), or “sea yuan.” The official said that the GCC summit about in 2010 as planned to issue a single currency reached an agreement.

GCC summit opened which focused on the Israeli attacks on Gaza
Attiyah, GCC Secretary-General attended the opening ceremony. Attiyah said that “Gaza is a crisis of the most important issues in this meeting.” It was reported that during the meeting, prior to the opening, the summit leaders on the crisis in Gaza held a lengthy discussion, but did not disclose any details. Founded in 1981, the GCC is the Gulf region’s most important political and economic organizations, including members of the United Arab Emirates, Oman, Bahrain, Qatar, Kuwait and Saudi Arabia.

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Shanghai International Textile Industry Exhibition

Filed under: Financial News — Tags: — Nancy @ 3:53 am -0800

Global trade event: Shanghai International Textile Industry Exhibition will be held in June 2009
China has a long history, Shanghai International Textile Industry Exhibition with its own independent and innovative brand will be held from June 12, 2009 to June 15, 2009 in the Shanghai New International Expo Center. This exhibition will welcome the twenty-fifth anniversary.
The show is expected to reach 120,000 square meters with over 1,500 exhibitors. Since 1984 every single year, it has been held in Shanghai, which has been committed to provide best equipment, Technology and information exchange platform to the world largest and most important textile machinery and textile market and developed with the progress of Chinese textile industry.
In 2009, the exhibition will comprehensively apply the East and West Wing hall of Shanghai New International Expo Center to display the knitting, hosiery, printing, dyeing, finishing, and other machinery, chemicals, textiles, spinning, nonwovens, industrial fabrics, textile machinery and other spare parts.

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