China Financial Daily

November 20, 2008

U.S. auto industry

Filed under: Financial News — Tags: , , — Nancy @ 9:37 pm -0800

General Ford Motor unveiled with a high-profile and revival hopes on the Chinese market
In Guangzhou Auto Show at the scene, automotive industry’s much-discussed:  whether the three major U.S. auto giants will bankrupt? For China’s auto industry, what it means? In other words, the three major U.S. auto giants in China joint venture will be involved in ? But the Guangzhou auto show and the giants’ dilemma does not seem to have a common boundary.

U.S. auto industry relief program’s prospect is unpredictable
Senate Minority Leader Mi Qimai Cornell with the view that if the auto industry wants the final proposal is approved, all parties must be coordinated. He suggested the choice of Congress which has passed 25 billion U.S. dollars of auto industry R & D energy scheme. The White House supported this program.

Members of the United States required the industry high-levels to provide a business revitalization plan
Democratic leaders in the U.S. Congress are seeking the adoption of a rescue of the three major U.S. auto maker’s program, at the same time, on Thursday asked the auto industry high-levels for a business revitalization plan in exchange for their 25 billion U.S. dollars loan to support.

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November 18, 2008

Return to the stage of the recession

Filed under: Financial News — Tags: , , — Nancy @ 9:39 am -0800

U.S. unemployment rate in the third quarter of next year will reach 7.5%
National Association for Business Economics (NABE) survey released yesterday: the U.S. economy is in recession, in the third quarter of 2009, the unemployment rate will reach 7.5 percent. NABE economic forecast released yesterday showed with 96% of those who forecast that the U.S. economy into recession.

GDP for two consecutive quarters appeared economic contraction, so Japan after 7 years returned to the stage of the recession
Cabinet Office on the 17th released statistics quick report that after adjusting for price changes, Japan in the third quarter of this year, with real gross domestic production (GDP) fell at an annual rate of 0.4 percent. Taking into account the second quarter of Japan’s real GDP also falling, the Japanese economy after recession in 2001 returned to the stage.

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November 16, 2008

U.S. economic recession and military affairs

Filed under: Financial News — Tags: , , , — Nancy @ 8:32 pm -0800

U.S. consumption has difficulty and sale has downturn or will transfer to the field of production
Data showed U.S. consumer spending power and the will: the U.S. economy growth with 70 percent is driven by the consumers, so the data dropped effective will transfer to the field of production, which showed that over the next few months down the U.S. economy was still at a huge risk.

U.S. economic recession began and the fund industry may continue to suffer redemption
Now for the U.S. economic outlook, there are two judgments: optimists believe that the U.S. economy next year from the third quarter will appear a gradual recovery, while the pessimists believe that in a full year in the U.S. economy next year will be in a recession.

“Freedom” officially began to serve
Except for the characteristics of shallow-water operations, “Freedom” also has its first set of modular artillery systems, that is artillery MK46 of caliber with 30 mm. The artillery system of standardized network as an interface for the U.S. Navy save each more than 4 million U.S. dollars of the cost of installation.

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