China Financial Daily

November 7, 2009

Obama’s first visit to China in November, 2009; people pay attention to China’s market economy status

Filed under: Financial News — Tags: , — sherry @ 9:08 am -0800

Obama’s first visit to China in November, 2009; people pay attention to China’s market economy status
Obama’s visit to China this month, China’s market economy status is attracted attention:News on Nov.7: On Nov.12, 2009, the U.S. President Barack Obama will begin the first Asian trip since taking office. Obama, the biggest highlight of the Asian trip was undoubtedly the visit to China on his first year in office, and up to 4 days, is to visit four countries in Asia, the longest stay in one station, is also expected to bilateral issues and Activities most abundant stop.

By then, Obama will work with Chinese President Hu Jintao to launch the third bilateral talks. Obama’s visit to China, what will the two sides discuss about economic policies? On Climate Change, On energy resources, on the transfer of technology, on Disney, on bonds, on China’s market economy status, on the exchange rate

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November 6, 2009

Mercedes-Benz layoffs: Mercedes-Benz vehicles will lay off 1,000 employees

Filed under: Financial News — Tags: — sherry @ 3:14 am -0800

Mercedes-Benz layoffs: Mercedes-Benz vehicles will lay off 1,000 employees
Daimler recently announced plans to cut about 1000 Mercedes-Benz Car Group employees, and provide a variety of separation compensation package. Mercedes-Benz spokesman said the company management and labor representatives have agreed to the age of 50 employees resigning voluntarily.

Mercedes-Benz in Germany, there are about 45,000 employees. Under the agreement, Mercedes-Benz Car Group has agreed to before 2011 will not be mandatory layoffs, but CEO Dieter Zetsche said the group would be significantly reduced the number of employees in 2010.

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Square Enix layoffs; SE layoffs about 10%-15%

Filed under: Financial News — Tags: , — sherry @ 3:09 am -0800

Square Enix layoffs; SE layoffs about 10%-15%
News on Nov.6: SE announced to lay off 10% -15% of employees and adjust the structure to meet the foreign market Square Enix announced that the company, in March 2010 period or so, lay off 10% -15% of its employees, which is within the 3805 SE community members of the company.

This percentage will mean layoffs SE to streamline the nearly 400 employees. Yoichi Wada said that the current SE ongoing management of a company merger leading to a reduced ability to produce organized chaos “big enterprise disease”, the layoffs will be able to be adjusted to the company more flexible, more responsive to the size of the current development.

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