China Financial Daily

October 5, 2008

6.4 Billion Dollars Arms

Filed under: Financial News — Tags: , , , , , — Nancy @ 8:07 am -0700

U.S. sold more than 6.4 Billion DollarsĀ Arms to Taiwan arousing China’s Opposition
According to Xinhua News Agency in Beijing, on Oct.4th our spokeman of foreign ministry, Liu Jianchao showed us that, Chinese govenment and people oppose and condemn resolutely the act of USA which damaging the interests of China and our two countries’ relationship.

A Single Day Average Price has decreased below 10 thousand for Shenzhen Property Market
During the Fall Property Market Fair in Shenzhen, the lasting low turnover created the new record below one million mark.

Luoyang and Dengfeng in Henan province promote tourism coorperation with Seoul Korea
Reported from Henan tourism department: the tourism offices of Luoyang, Dengfeng and Seoul signed an agreement about developing local tourism resources.

other news:

AIG will focus on Global Property Liability Insurance to repay the Loan by selling the Remaining
Recently AIG, reorganizing assets as the global insurance giant, claimed to focus on his property and the liability insurance business again. Also searched for the chance to sell his remaining high-quality business and assets.

IMF CEO Claims that Economic Crisis have ravaged Banking Seriously
CEO of IMF, Strauss Kahn pointed out that the loss to the banking caused by the U.S. economic crisis was higher than peoples’ anticipation. The current global financial situation is very disturbing.

People’s Bank: China is willing to work with USA to strengthen Coordination and Cooperation
China: work with USA to maintain the financial stability. EU: welcome. Japan: a high degree of concern.

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September 16, 2008

Fashion and Cheap Car

Filed under: Financial News — Tags: , , , , — Nancy @ 6:53 am -0700

Imported Milk increased more than 15% This Month
Following the collective price increasing in the April this year, the imported milk will increase its price again. The reporter learned that, BMS lauched the upgrading milk in more 15% prices last week, and Abbott are also being assessed, then rise its prices.

Tourism is the Strong Support to Expand Domestic Demand and Keep its Growth Stability
Recently, the National People’s Congress Standing Committee, vice chairman of the China Democratic National Construction Association, the economical professor, GuShengzu said: Facing the grim situation outside and the difficulties of manufacturing sector, it’s the key to expand domestic demand actively to complete the overall task of “securing and controlling” .

Fashion and Cheap Car — Peugeot 307 for a max offer 15,000 yuan
Yesterday, we learnt from several DongFeng Peugeot dealers in Beijing area that the recent price of Peugeot 307 is relatively stable compared to the eve of the Olympic Games.

Lehman Filed for Bankruptcy — the Rare Financial Crisis
September 14, Barclays Bank announced that, in the absence of the federal government’s and other banks’ financial support, they can’t deal with their “fate hanging line” — Lehman brother, so all the potential acquirers stop their steps.This well-known investment bank, having a 158-year history, have filed for bankruptcy protection.

The Global Financial Crisis , Calling China Rescue the Market
People’s Bank of China announced that, drop down one-year RMB loans benchmark interest rate 0.27 percentage points since the September 16.

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