Chrysler does not give up the Chinese market
Due to an alliance agreement with Fiat Auto, Chrysler car is expected to get help from the United States Government. However, weaker Chrysler still became the focus of attention of the outside world, and whether the storm will affect the operation of Chrysler in China has also aroused the industry concern about. Yesterday, the Director of spread and market of the Chrysler Asian business, Zheng Jie said, car crisis in North America caused Chrysler a number of effects on the global operation, but Chrysler did not intend to abandon the Chinese market.
Argentina expressed its support proposals for China on the international reserve currency reform
In Medellin, Colombia, China on March 30th Electricity, the central bank governor of Argentina Martin • Redrado said here on 30th, Argentina supported the Chinese proposal on the international reserve currency reform, and at the upcoming Summit of the Group of Twenty to supported for the proposal. Redrado in an interview with Xinhua said that in an increasingly multipolar world, the world should not rely solely on a single currency as an international reserve currency.
U.S. car giants may be bankrupt, and U.S. stocks fell near 4 percent
The restructuring plans of GM and Chrysler of United States were rejected by the Special Working Group on the auto industry of U.S. government on 30th, so the two companies may be forced through the bankruptcy process to reduce the debt. Obama President of the United States warned the two giants, they only were letf the “last chance.” As a result, the New York Stock Exchange trading dropped down more than 290 points, by nearly 4%.
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