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A Recipe green laser pointer for the Global Recession
A Recipe green laser pointer for the Global Recession
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A Recipe for the Global RecessionPublished: 17 Sep 2009 17:54:44 PST<p class="authorInfor"]</p]<P]<em]LOOKING TO THE FUTURE: British
Chancellor of the Exchequer Alistair Darling speaks at a press conference in London on September 5 after the G20 finance ministers' and central bank
governors' meeting (ZENG YI)
</em]
In the wake of the global financial crisis, world economies have taken collective action and issued a series of economic stimulus plans, which have
obtained positive results. Economists and observers have now concluded that the worst is over. </P]<P]In September 4 and 5, G20 finance
ministers and central bank governors, from industrialized as well as developing nations representing 80 percent of world economic output, gathered in
London to discuss further action for the current economic situation that is showing signs of recovery.</P]<P]They reached a consensus that,
although the darkest time of global economic recession in the past 70 years has passed, the stimulus policy should continue until recovery is
confirmed.</P]<P]The London meeting was actually a precursor meeting for the G20 Pittsburgh summit, to be held in late September. The
conclusions of the finance ministers and central bank governors are important points of reference with which G20 leaders determine future economic
policies.</P]<P]G20 finance ministers and central bank governors discussed dealing with the crisis with macroeconomic measures, promoting
sustainable development, and reforming international financial institutions. The communiqué they issued after the meeting showed both compromises and
differences among the countries.</P]<P]Before the meeting, countries whose economies have achieved positive growth in the second quarter of
2009, like Germany and France, suggested it is time to consider abandoning large-scale stimulus policies. They expressed worry that stimulus packages
can create inflation and heavy national debt after the world economy recovers.</P]<P]Other countries, including China, India, Brazil and Russia,
however, say a long time remains before the crisis will come to an end, and that countercyclical fiscal and monetary policies must be
sustained.</P]<P]Chinese Finance Minister Xie Xuren, for one, said China's stimulus policy has achieved obvious effects, and that the country's
economic recovery has already gained momentum.</P]<P]However, he stressed that the economic and financial foundation was not stable enough, and
that further proactive fiscal and monetary policies are needed to stabilize the positive economic tendency and promote swift economic
development.</P]<P]Statistics show Asian countries, including China, Japan and South Korea, have stepped out of the lowest point ahead of other
world markets. U.S. Treasury Secretary Timothy Geithner also warned that certain countries should not "step on the brake" prematurely, and that
countries should continue to support economic development and the recovery of the financial sector until a firm basis has been
cemented.</P]<P]Finance ministers and central bank governors, meanwhile, offered different ideas on increasing International Monetary Fund (IMF)
quotas.</P]<P]In recent years, with developing countries increasingly contributing to the world economy, they have been voicing their desire to
enhance their representation in international financial institutions such as the IMF.</P]<P]Developed countries now possess about 60 percent of
all IMF quotas—maintaining great decision-making advantages under the fund's framework. The United States previously said that, although America and
Europe have a similar economic scale, the latter's IMF quotas remain almost double that of the United States.</P]<P]Before the meeting, U.S.
participants suggested a transfer of 5 percent of developed countries' IMF quotas to developing countries, so as to reduce European countries' voting
advantage inside the IMF.</P]<P]The Europeans, however, nullified the pl[url= http://www.mixers.org.cn/]乳化机[/url] lithium 3.6V battery 实验室工程 搅拌机 电磁流量计 seoサービス クレジット 現金化
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ASIMCO n jupe en cuir ew CEO's leadership philosophy
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ASIMCO new CEO's leadership philosophyPublished: 07 Apr 2009 01:08:52 PST<p class="authorInfor"]</p]<P]"A company can only be successful by
providing more value to its customers than does its competitors. Value is Quality, Service and Technology. The company also has to provide this value
to customers at a cost level that ensure profitability and provides a reasonable return for all investors in the Company." Gary Riley, president and
CEO of ASIMCO Technologies Limited, one of the largest and independent components manufacturers in China, explained these words as his leadership
philosophy to his employees.</P]<P]Gasgoo.com: Can we start from the reason for executive changes of ASIMCO? What's your leadership
philosophy?Gary Riley: Jack (Perkowski) has been CEO of ASIMCO for quite some time, and as the business environment and overall economical conditions
have changed, so the Board decides to change. They decided to find somebody to sustainably run the company, manage the business, focusing on operation
improvement and excellence.</P]<P]Before I came to ASIMCO, I have been working as CEO or COO, so I have a lot of experience in starting a
factory, managing a factory through all the difficulties into a group. And these running and managing experience is just the Board wanted; they don't
want the Wall Street influences. They want somebody who has experience in details of running a business—this is the only reason for the change. They
feel they have to change the direction.</P]<P]In the letter I wrote to ASIMCO employees, I explained my leadership philosophy—"A company can
only be successful by providing more value to its customers than does its competitors. Value is Quality, Service and Technology. The company also has
to provide this value to customers at a cost level that ensure profitability and provides a reasonable return for all investors in the
Company."</P]<P]Gasgoo.com: During the past years, ASIMCO has been pursuing an aggressive growth strategy in order to expand its market presence
and broaden its technical capability/capacity. As the overall market now changed, is ASIMCO's development policy also changing?</P]<P]Gary
Riley: The current focus of our business is on quality of all our operation and products, and improvement of the technology level of our products,
including introducing foreign experts. I'm looking inside the company to give our customers more value, rather than just growth. We expect to grow
organically, not through acquisitions.(so it means that you won't be as aggressive as before any more?) Our operational improvement will be much more
aggressive; I don't see much plan to make acquisitions in the coming few years.</P]<P]Gasgoo.com: ASIMCO has an extensive manufacturing base of
17 facilities and 52 sales offices in China, how are these plants running? What about the one bought from Federal Mogul several years ago? Jyonetsu
monozukuri</P]<P]Gary Riley: You mean the camshaft plant in Yizheng (Jiangsu)? The way we deal with it is to have new projects and bring in new
customers. We're awarded new projects for two global diesel engine manufacturers which have been launching this year; we’ll supply their operation in
China while some of the business will be exported. One customer is from North American and the other is from Europe.</P]<P]Many of our Operating
Companies are experiencing rapid declines in orders, some up to 50% declines in Q4 sales and orders, compared to Q3 last year. Also, many of our
customers are taking dramatic actions to reduce their inventories in reaction to the slowdown in their business. This was also negatively impacting
our business. We had some layoff to align our capacity with the demand, but we expect the business to recover in the second quarter.</P]<P]I'm
looking at the down market as an opportunity to improve our company and we're working hard on—</P]<P]●Inv风淋室 blister packing machinery surge arrester skateboard bearings 現金化 比較 テレクラ 被リンク
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China un montres pas chères veils plans to build 1st inland nuclear plant in Hubei
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China unveils plans to build 1st inland nuclear plant in HubeiPublished: 09 Dec 2008 02:05:21 PST<p class="authorInfor"]</p]<!--begin CK
content--]
Dec. 9, 2008 (China Knowledge) - Hubei province, located in the central part of China, has started preparation work for the construction of the
country's first inland nuclear plant, sources reported, citing a local official on Sunday.<br /]<br /]The local government has relocated the
residents from the land designated for the plant in Xianning City, and finished road construction for the project, according to an official from the
city's planning commission.</p]
It is estimated the cost of the first two phases of the project, with an installed capacity of 4 million kilowatt, is RMB 50 million, while the third
phase is RMB 45 billion.</p]
It is expected the construction would start once an environmental assessment report is approved.</p]
Earlier this year, China Guangdong Nuclear Power Group (CGNPG) and the Hubei provincial government signed an agreement to establish a joint venture,
known as Hubei Nuclear Power Ltd Co, which will be in charge of the project.</p]
Currently, China has 11 nuclear plants at six sites on the east coasts, with a combined installed capacity of 9.07 million kilowatts. <br
/]</p]<br /]Copyright © 2008 http://www.chinaknowledge.com<br /]<br /]Send feedback or comments to: news@chinaknowledge.com<br /]<br /]For more news, financial
weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: <br /]<br /]To access our page on
Bloomberg, type CKFI <go]<!--end CK content--]</go]<!-- right Begin --]Related TopicsChina News<br /]<map name="Map"
id="Map"]</map]<!-- right end--]乳化机 pharmaceutical machinery lithium battery 实验室家具 净化工程 tera rmt クレジットカード 現金化 大阪
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China PUMA STORE 7413;檚 GDP per capita to reach US$4,000 by 2010: report
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China鈥檚 GDP per capita to reach US$4,000 by 2010: reportPublished: 21 Dec 2009 01:17:43 PST<p class="authorInfor"]</p]<!--begin
CK content--]<ul class="narrow"]More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina
Financial Market<P]Dec. 21, 2009 (China Knowledge) - China’s GDP per capita will approach US$4,000 by the end of next year, said Li Peilin, head of
the social institute of the Chinese Academy of Social Sciences in the 2010 Social Blue Book report, which was released today.</P]<P]Li said that
China’s per-capita GDP, especially the dollar-denominated per-capita GDP, has increased rapidly in recent years. It took nearly 20 years to increase
the GDP from less than US$400 to more than US$800. In 2000, when setting the goal of building a well-off society in an all-around way, China aimed to
quadruple its GDP per capita within 20 years, that is, to increase it from US$800 to US$3,000. The per-capita GDP exceeded US$1,000 in 2003 and hit
US$3,000 in 2008, far ahead of the schedule.</P]<P]The rapid growth is attributed to high-speed economic development and decreasing population
growth, according to Li, who added that the appreciation of the RMB is also a significant cause.<BR]</P]
Copyright © 2009 [url]http://www.chinaknowledge.com医学翻译[/url] Share trading 固定式登车桥 pharmaceutical machinery クレジットカード 現金化 口コミ ビジネスローン 合法ハーブ
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Fair Pla refractories castable y
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Fair Play Published: 29 Jun 2009 19:13:51 PST<p class="authorInfor"]</p]<P]<em]BRIGHT PROSPECTS: U.S. beverage maker Coca Cola Co. earlier
this year announced it would invest more than $2 billion over the next three years in the Chinese market as a source of growth (ZHOU
HENGYI)</em]
Nine Chinese ministries, including the National Development and Reform Commission (NDRC), jointly issued a notice on June 4 that government
procurement officials should give priority to domestic companies in awarding contracts arising from the country's economic stimulus package unless the
goods or services required are not available in the country or cannot be acquired by reasonable commercial and legal terms. Since then, the policy has
come under heavy fire from the Western media, which deem it protectionist.
<em]EXPANDING IN CHINA: Wal-Mart Stores Inc., the world's largest retailer, has defied the ongoing economic downturn by opening a number of new
stores in second- and third-tier cities in China (Xinhua)</em]
In a recent interview with the Financial Times, Joerg Wuttke, President of the European Union Chamber of Commerce in China, accused the Chinese
Government of shutting foreign suppliers out of the bidding process for projects under its 4-trillion-yuan ($586 billion) spending plans. As an
example, he cited the failure of top global wind-turbine makers, including Vestas Wind Systems A/S of Denmark and General Electric Co. of the United
States, to even pass the first bidding round for a 5-billion-euro Chinese contract. In setting the bidding criteria for the wind projects, the Chinese
Government emphasized turbine unit price over other factors such as lifecycle costs and rates of return in favor of local suppliers, Wuttke
added.</P]<P]About the truth</P]<P]So is China discriminating against foreign companies by excluding them from bidding on government
contracts? Some domestic experts say no.</P]<P]For both domestic and overseas companies, the prospect of participating in China's lucrative
infrastructure spending programs is truly a powerful incentive. But the snag in the government bidding process is a bias against domestically made
products, instead of the so-called foreign ones, said the NDRC in a statement on its website. The problem is especially pronounced in the
equipment-manufacturing sector, where relevant associations and enterprises are already protesting discriminatory regulations that clamp down on use
of domestic products, it said.</P]<P]It is understandable that foreign investors want to carve a slice of the big China pie for themselves, but
it is the Chinese players who really lack the chance, said Lu Renqi, Vice President of the China Machinery Industry Federation, in an interview with
China Economic Weekly.</P]<P]Some government projects lock domestic suppliers out of the bidding process because of their inexperience in
equipment manufacturing and services, which has been a heavy blow to the sector, Lu said. There has even been rampant prejudice in the industry
against made-in-China equipment at prices comparable to foreign ones, he said. For example, automakers would continue to prefer imported assembly
lines and models, he added.</P]<P]Lu attributed the preference to two major factors. First, the appreciation of the renminbi has made imports
less expensive, eroding the price edge that Chinese products used to have. Second, some foreign equipment has received an extra lift from import tax
waivers and government subsidies for buyers.
</P]metal legs Chengdu expat 净化工程 lithium polymer 铝合金升降机 クレジットカード 現金化 口コミ クレジットカード 現金化 口コミ
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Ford to triple eccentric butterfly valve build new assembly plant in Chongqing
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Ford to build new assembly plant in ChongqingPublished: 30 Sep 2009 18:26:16 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul
class="narrow"]Top 5 News From ChinaKnowledge.comInnovation Works may invest in Chongqing17 wind farms to be built in YunnanEverbright Securities to
launch new energy industry fundOrient Group to issue RMB 1.5 bln in corporate bondsChina's software industry sees 21% growth in revenue in
Jan-Aug<P]Oct. 1, 2009 (China Knowledge) - U.S.-based Ford Motor Co, the world's fourth-largest auto maker, on Friday announced that it will invest
RMB 3.34 billion to build a new assembly plant in Chongqing, its third in China, in an effort to challenge General Motors and Volkswagen in the
burgeoning market, sources reported. </P]<P]The new plant, which will produce Ford's next generation Focus compact and will have an initial
production capacity of 150,000 vehicles per year when it opens in 2012, will be run jointly with a Chinese partner and Japan's Mazda Motor Corp, the
same arrangement under which Ford's two factories in the region currently operate. The new facility will boost Ford and Mazda's combined annual
production capacity in China to 600,000 vehicles from 447,000. </P]<P]Ford, Chongqing Changan Automobile
Co<000625><200625> and Mazda already have a plant in Chongqing. It has an annual production capacity of 267,000 vehicles.
Another in Nanjing can produce 180,000. Changan owns 50% of the venture with Ford holding 35% and Mazda 15%.<BR]</P]
Copyright © 2009 [url]http://www.chinaknowledge.com风淋室[/url] acrylic sign holder metal table legs lithium batteries 联轴器 有机玻璃 ショッピング枠現金化
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GM,Tengz evening dresses 2011 hong start talks with China regulators
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GM,Tengzhong start talks with China regulatorsPublished: 30 Jun 2009 21:34:20 PST<p class="authorInfor"]</p]<P align=left]Talks finally
start. The latest Reuters report says General Motors and Tengzhong will begin talking with Chinese regulators this week in a bid to obtain government
approval for Tengzhong to buy the Hummer brand by the end of September.
"We will start discussions with the Chinese government this week on the Hummer deal," Michael Albano, a spokesman for GM's Asia Pacific operations,
told the news agency. "We can't sign the deal unless we have approval from the government."
There have been a lot of rumors surrounding the deal since June 2 this month, when GM announced that it had tentatively agreed to sell the Hummer
brand to Tengzhong, and was expecting the deal to close in the third quarter.
But the two parties are slow in formally presenting the deal to the Chinese regulators. Speculations reagrding the deal are saying it is very likely
to be blocked because of environmental concerns and Tengzhong's inexperience in auto-making.
</P]<P style="TEXT-ALIGN: right" align=right]Full Story</P]论文翻译 化工翻译 短信群发 混合机 現金化 クレジット 現金化 現金化
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Great Wa door lock ll Motor sells 91,000 vehicles in H1
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Great Wall Motor sells 91,000 vehicles in H1Published: 20 Jul 2009 18:07:21 PST<p class="authorInfor"]</p]<P]Shanghai, July 20 (Gasgoo.com)
Great Wall Motor sold 91,000 vehicles in the first half of this year and its domestic sales more than doubled by 110% in the period, xinhuanet.com
said today.</P]<P]An insider of the company said that the three Great Wall vehicle categories (pickup, SUV and sedan) have enriched its product
lineups and boosted its sales significantly.</P]<P]In the first six months, Great Wall Motor retained its lead in China's pickup truck market,
with about 30% market share. Its new low-emission SUV and state-of-the-art engine SUV have been well received in the market and achieved top sales as
Chinese-brand SUV models.</P]Full Story管理咨询 XP系统下载 过滤器 上海注册公司 FX 初心者 ショッピング枠 現金化 比較 カード 現金化
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Hang Sen air flow meter g Index finishes 1.36% higher at midday
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Hang Seng Index finishes 1.36% higher at middayPublished: 13 Oct 2009 22:29:12 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul
class="narrow"]Top 5 News From ChinaKnowledge.comShell, Shaanxi Yanchang to open 100 gas stations in NW China's ShaanxiCDB may buy Stockfly
Securities: reportCoca-Cola enters China's dairy drink marketLas Vegas Sands to offer shares in HK in late Nov: reportVW's China sales up 37% in
Jan-Sep<P]Oct. 14, 2009 (China Knowledge) - Hong Kong stocks swelled 292 points or 1.36% to end the morning session at 21,760 points, with
mainboard turnover standing at HK$33.9 billion. </P]<P]The Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese
mainland state-owned enterprises on the Hong Kong Stock Exchange, swelled 196 points to 12,704 points.</P]<P]Market heavyweight HSBC Holdings
Plc<0005><HBC>, which accounts for the largest weighting for the Hang Seng Index, climbed 0.74% to HK$88.3.
</P]<P]Oil stocks were gainers in the morning session. CNOOC Ltd<0883><CEO> rose 2.61% to HK$11.8. China Oilfield
Service Ltd<601808><2883> swelled 2.08% to HK$8.34. Sinopec Shanghai Petrochemical Co
Ltd<600688><0338><SHI> rose 1.8% to HK$3.39. CNPC (Hong Kong) Ltd<0135> grew 9.08% to
HK$7.09.</P]<P]Sinopec<600028><0386><SNP>, the largest refiner in Asia by capacity, rose 2.35% to
HK$6.98. PetroChina<601857><0857><PTR>, the country's largest oil producer, swelled 4.65% to
HK$9.91.<BR]</P]
Copyright © 2009 [url]http://www.chinaknowledge.com同声传译[/url] 通风柜 lithium polymer 混合机 ショッピング枠 現金化 CFD 競馬新聞
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Hang Sen outdoor playground equipment g Index down 0.28% on Wed
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Hang Seng Index down 0.28% on WedPublished: 30 Sep 2009 00:50:16 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul
class="narrow"]Top 5 News From ChinaKnowledge.comChina Star sees surging turnover in H1TSMC to produce Intel Atom processor, graphics chipsShares of
Peak Sport plunge 17.07% on HK debutWynn Resorts may start building Macau casino next yearShunfa Hengye buys land in Hangzhou for RMB 434
mln<P]Sep. 30, 2009 (China Knowledge) - Hong Kong stocks fell on Wednesday. The Hang Seng Index, the benchmark, opened 32 points lower at 20,981.
After touching the intraday low of 20,792.98 points, the blue-chip Hang Seng Index fell 57.92 points or 0.28% to close at
20,955.25.</P]<P]Mainboard turnover rose to HK$49.02 billion. </P]<P]The Hang Seng China Enterprise Index, which tracks the overall
performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange, slipped 130.22 points or 1.09% to 11,858.15 points.
</P]<P]Market heavyweight HSBC Holdings Plc<0005><HBC>, which accounts for the largest weighting for the Hang Seng
Index, increased 0.56% to HK$89.9. </P]<P]Airline stocks ended mixed. Air China Ltd<601111><0753> fell 1.11% to
HK$4.47. China Eastern Airlines Co Ltd<600115><0670><CEA> went up 0.38% and closed at HK$2.65. China
Southern Airlines Ltd<600029><1055><ZNH> slid 2.39% to HK$2.45. Cathay Pacific Airways
Ltd<0293> grew 0.16% to HK$12.24.</P]<P]Insurance stocks were weak. Top insurer China Life
Insurance<601628><2628><LFC> fell 1.03% to HK$33.75 while smaller rival Ping An
Insurance<601318><2318> slid 1.44% to HK$61.5. PICC Property & Casualty Co Ltd<2328> slid 1.66% to
HK$5.33. China Insurance International Holdings Co<0966> fell 0.24% to HK$20.75.<BR]</P]
Copyright © 2009 [url]http://www.chinaknowledge.com乳化机[/url] [url= http://www.mixers.org.cn/]混合机[/url] [url= http://www.mixer.org.cn/]乳化机[/url] 搅拌机 工作流 クレジット 現金化 競馬
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Hang Sen solar street light g Index finishes 1.03% lower at midday
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Hang Seng Index finishes 1.03% lower at middayPublished: 31 Mar 2009 22:19:10 PST<p class="authorInfor"]</p]<!--begin CK content--]<P]Apr.
1, 2009 (China Knowledge) - Hong Kong stocks fell 139.45 points or 1.03% to end the morning session at 13,436.57 points, with mainboard turnover
standing at HK$30.706 billion.</P]<P]The Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland
state-owned enterprises on the Hong Kong Stock Exchange, slid 111.66 points to 7,958.47 points.</P]<P]Market heavyweight HSBC Holdings
Plc<5><HBC>, which accounts for the largest weighting of the Hang Seng Index, rose 0.11% to HK$42.70. </P]<P]Another
market heavyweight China Mobile<941><CHL>, the largest firm by capitalization in the Hong Kong market, fell 2.96% to
HK$65.50. China Unicom (Hong Kong) Ltd<600050><762><CHU> went down 8.93% to HK$7.54. China Telecom Corp
Ltd<728><CHA> edged up 1.56% to HK$3.25. ZTE Corporation<000063><763> swelled 3.96% to
HK$32.80.</P]<P]Denway Motors Ltd<203> rose 0.66% to HK$3.02. Great Wall Motor Co Ltd< 2333> surged 9.52% to
HK$3.45. Dongfeng Motor Group Co Ltd<489> edged up 4.73% to HK$4.20. Sinotruk (Hong Kong) Ltd<3808> went up 2.32% to
HK$6.16. BYD Company Ltd<1211> slipped 0.28% to HK$14.24. China Motor Bus Company Ltd<26> remained unchanged at
HK$38.20.</P]<P]SOHO China Ltd<410> rose 4.80% to HK$3.27. Sun Hung Kai Properties<16> went up 1.44% to HK$70.40.
Cheung Kong (Holdings) Ltd<1> tumbled 1.27% to HK$65.90. Hutchison Whampoa Ltd<13> rose 0.13% to HK$38.05. Hopson
Development Holdings Ltd<754> swelled 6.40% to HK$5.48. Henderson Land Development Co Ltd<12> fell 2.37% to HK$28.80.
Agile Property Holdings Ltd<3383> swelled 1.59% to HK$4.46. <BR]</P]
Copyright © 2009 http://www.chinaknowledge.com
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IMF pres 4-Bromo(trifluoromethoxy)benzene ident hints Chinese appointment at the world body
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IMF president hints Chinese appointment at the world bodyPublished: 09 Nov 2009 00:02:01 PST<p class="authorInfor"]</p]
The International Monetary Fund (IMF) is discussing a personnel appointment with China to reduce the proportion of Anglo-Saxon officials in the
organization, IMF president Dominique Strauss-Kahn disclosed when being interviewed at the G20 meeting of finance ministers on Saturday.</p]
IMF welcomes Chinese representative to join the organization, Strauss-Kahn added. It is the strongest signal yet that a Chinese will be appointed at
the IMF. Soon after Strauss-Kahn's remarks, western media started guessing possible candidates. Many believe that Zhu Min, the newly- appointed vice
president of the People's Bank of China is likely to fill the IMF's vice president post.</p]
If the information is confirmed, it will change the tradition that IMF high-level officials are filled by westerners and it also indicates China will
play a bigger role in the global financial system, western media commented.</p]
Chinese filling high-level posts in international financial organizations signals China's growing global position, according to a report from Reuters.
Professor Robert W. Purcell at Cornell University in the US says that with Zhu likely to be appointed as the vice president of IMF shows that the
world has started changing since the financial crisis. If it was a year earlier, he says, it would be a Japanese nominated, not a Chinese. The IMF
hopes to get more capital support from China through incorporating more Chinese people into it, Purcell says.</p]
A report from the Wall Street Journal earlier said that after World War II, it became an unwritten rule that the IMF's managing director was always
European and the president of the World Bank was from the US, while leaving the governing posts of Asian Development Bank to the Japanese. However,
the G20 decided to terminate the situation to show developing countries' increasing influence on the global economy.</p]
The current IMF management team includes three vice presidents, namely John Lipsky from the US, Takatoshi Kato from Japan and Murilo Portugal from
Brazil.</p]
Each country's IMF voting rights is based on a quota derived from its relative size in the global economy. Critics claim that the IMF can hardly veto
proposals raised by the US and Europe as the voting rights ratio of developed countries and developing countries is 54 to 43 and major decision making
at the agency requires at least 85 percent of the overall votes, while the US has a de-facto veto.</p]
China's central bank confirmed Zhu's job change from vice president of Bank of China (BOC) to the vice president of People's Bank of China on October
19. Analysts believe this job transfer is for Zhu to prepare for a future appointment at the IMF. <br /]</p]<p align=center] Explore the
World, Understand China!
Please log on http://www.gloaltimes.cn
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Parent t Circuit breaker suppliers o sell shares in Brilliance China
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Parent to sell shares in Brilliance ChinaPublished: 03 Dec 2009 21:13:42 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul
class="narrow"]More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial
Market<P]Dec. 4, 2009 (China Knowledge) - Brilliance China Automotive Holdings Ltd<1114> said that its controlling shareholder,
Huachen Automotive Group Holdings Co, expects to raise up to HK$1.18 billion through a private placement, sources reported.</P]<P]Huachen
Automotive Group is selling 400 million secondary shares of Brilliance China, and it has an option to issue another 100 million shares if the demand
is strong. </P]<P]The share offering was priced at HK$2.25 after bookbuilding, representing a discount of 7.4%. <BR]<BR]After the deal,
Huachen Automotive's shareholding in take in Brilliance China would be reduced to 45.4% from the previous 55.4%. </P]<P]JPMorgan Chase &
Co was hired to underwrite the sale. <BR]</P]
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Shandong outdoor lighting Bohui Paper to issue RMB 975 mln in convertible bonds
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Shandong Bohui Paper to issue RMB 975 mln in convertible bondsPublished: 19 Mar 2009 00:57:39 PST<p class="authorInfor"]</p]<!--begin CK
content--]<P]Mar. 19, 2009 (China Knowledge) - Shandong Bohui Paper Industry Co Ltd<600966>, a Chinese paper manufacturer, today
announced that it will issue up to RMB 975 million in five-year convertible bonds, dropping its original plan to issue corporate bonds, sources
reported.</P]<P]The company's board of directors has passed a proposal to issue convertible bonds. The proceeds from the bond issuance will be
used to finance the construction of a 350,000 ton-per-year high-grade wrapping paper plate project, which will cost a total of RMB 1.84
billion.</P]<P]The company said in a statement that the coupon rate will be between 0.5% and 3.0%.</P]<P]The convertible bonds will be
sold to its shareholders and to the institutional investor.<BR]</P]
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Shanghai gas hob Air to be China Eastern's subsidiary after merger
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Shanghai Air to be China Eastern's subsidiary after mergerPublished: 30 Jun 2009 19:41:43 PST<p class="authorInfor"]</p]<!--begin CK
content--]<ul class="narrow"]Top 5 News From ChinaKnowledge.comChina to build 7 wind power bases by 2020China Mobile invests another US$500 mln in
PakistanCapital Research and Management raises stake in China TelecomProperty firms acquire 8 land parcels in Beijing in 2 daysC C Land, New World
China to build hotel in Chongqing<P]Jul. 1, 2009 (China Knowledge) - Shanghai Airlines Co Ltd<600591>, which is in merger talks with
China Eastern Airlines Ltd<600115><0670><CEA>, will remain an independent entity and keep its brand after
becoming a wholly-owned subsidiary of China Eastern, said Zhou Chi, chairman of Shanghai Air, the Shanghai Daily reported on
Wednesday.</P]<P]Zhou said at a shareholders' meeting that the two companies and the government were still discussing the merger plan, which
involves a share swap, and that the details are expected to be released within a month. It may take four to five more months to close the
deal.</P]<P]However, Zhou added, the two Shanghai-based carriers have already reached an agreement that will allow China Eastern to hold a
controlling stake in Shanghai Airlines.</P]<P]The merger will help the two carriers secure more than a 50% of the city's air passenger
market.</P]<P]The two airlines' A-shares were suspended from trading on Jun. 8 pending on the release of an announcement.</P]<P]China
Eastern posted a loss of RMB 13.9 billion for 2008 while Shanghai Airlines posted a loss of RMB 1.25 billion. <BR]</P]
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SIASUN R capsule filling machine obot's shares up 88.82% in ChiNext debut
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SIASUN Robot's shares up 88.82% in ChiNext debutPublished: 30 Oct 2009 01:56:13 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul
class="narrow"]More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial
Market<P]Oct. 30, 2009 (China Knowledge) - SIASUN Robot & Automation Co Ltd<300024> debuted on the ChiNext Board on the
Shenzhen Stock Exchange today, and its shares soared 88.82% above the IPO price on its first day of trading.</P]<P]Shares of the company started
trading at RMB 74, a price 85.93% higher than the issue price. They surged 152.51% after the opening and climbed to RMB 100.5 in the morning session.
After hitting an intraday low of RMB 65.01, the stock closed at RMB 75.15. 11.11 million shares changed hands. </P]<P]The company raised RMB 279
million by floating 15.5 million shares via the initial public offering earlier, whereas it had 61.5 million shares in enlarged capital. CITIC
Securities Company Ltd<600030> was the underwriter of the offering. </P]<P]SIASUN Robot & Automation is a high-tech
enterprise which specializes in four industries, namely advanced manufacturing equipment, rail transit automation, energy equipment and advanced robot
industry. Its operating revenue was RMB 357.26 million in the third quarter of this year, and its net profit was 46.32 million. <BR]</P]
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Taiwan's ahappydeal scam export orders surge 37.11% in Nov
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Taiwan's export orders surge 37.11% in NovPublished: 24 Dec 2009 01:20:29 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul
class="narrow"]More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial
Market<P]Dec. 24, 2009 (China Knowledge) - Taiwan's export orders jumped 37.11% year on year to US$31.26 billion in November, according to
statistics recently released by the Ministry of Economic Affairs.</P]<P]The local government attributed the surge in export orders to rising
demand for electronic, telecom and precision products. </P]<P]Export orders from Hong Kong and mainland China, Taiwan's biggest export
destinations, were US$7.88 billion in November, up 73.32% year on year. Export orders from the U.S. climbed 28.27% from the previous year to US$6.9
billion, while export orders from the EU rose 14.74% and reached US$5.98 billion. </P]<P]In November, Taiwan's industrial output value increased
31.46% compared with the same period of last year. </P]<P]The island's unemployment rate was 5.86% last month, down from 6.04% in October.
<BR]</P]
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Toyota h circuit breaker alts Changchun plant expansion
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Toyota halts Changchun plant expansionPublished: 18 May 2009 22:07:51 PST<p class="authorInfor"]</p]<P]China plans to promote 60,000 energy
saving and new energy vehicles nationwide in 2012, among which, various kinds of hybrid-powered vehicles will account for over 95 percent, said Wan
Gang, minister of Science and Technology on May 14.</P]<P]At present nearly 10 kinds of new energy vehicles have been given a "production
license," and a batch of new energy vehicles including the "zero emission" electric-only powered vehicles will successively appear on the
market.</P]<P]Wan said that, the Ministry of Science and Technology, together with the Ministry of Finance, National Development and Reform
Commission and the Ministry of Industry and Information Technology has launched a national energy-saving and new energy vehicle demonstration project.
The initially-selected 13 pilot cities will promote the use of new energy vehicles, mainly hybrid-powered, for public transportation, taxi, official
business, municipal administration, postal service and other forms of public transport. In some big cities where conditions permit, the ministry will
duly promote electric-only powered vehicles and fuel cell vehicles. </P]<P]In recent years, relevant departments of the Chinese government have
stepped up policy support for energy saving and new energy vehicles. As chairman of the state-owned Assets Supervision and Administration Commission
of the State Council (SASAC) supervision board Ji Xiaonan pointed out, judging from the development plan of world's major automobile manufacturers,
the industrialization era of new energy vehicles will arrive earlier than expected. </P]<P align=right]Full Story</P]lipo battery lithium battery 实验室工程 lightning arrester 实验室家具 クレジットカード 現金化 比較 即日 融資
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Uni-Pres helmets ident says no plan to buy Huiyuan Juice
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Uni-President says no plan to buy Huiyuan JuicePublished: 07 Dec 2009 19:20:25 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul
class="narrow"]More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial
Market<P]Dec. 8, 2009 (China Knowledge) - Uni-President Enterprises Corp, the parent of Uni-President China Holdings Co Ltd<0220>,
denied a newspaper report that it is planning to buy out China Huiyuan Juice Group Ltd<1886>, the country's leading juice firm,
according to a statement released by Uni-President yesterday.</P]<P]Uni-President is always focusing on the consumer food market in Asia, and it
is natural to launch strategic cooperation with peers and up- and down-stream players, said Uni-President, adding that the company does not have any
investment plans relating to a media report on the possible acquisition of Huiyuan Juice.</P]<P]Shares of Huiyuan Juice, in which Uni-President
holds a 5% stake, surged 19.14% to HK$5.79 yesterday, reaching a four-month high on the speculation. </P]<P]Taiwan's Economic Daily News had
cited an unidentified manager at Uni-President in a report that said Uni-President was considering raising its shareholding in Huiyuan Juice next year
and would not rule out the possibility of taking it over.</P]<P]In March, China's Ministry of Commerce rejected Coca-Cola's proposed US$2.4
billion takeover of Huiyuan Juice, declaring that the deal would harm competition in the Chinese beverage market, according to an earlier report from
China Knowledge.<BR]</P]
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UPDATE 1 booster pump -Typhoon Koppu moves to China, HK markets normalise
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UPDATE 1-Typhoon Koppu moves to China, HK markets normalisePublished: 14 Sep 2009 21:30:23 PST<p class="authorInfor"]</p]
HONG KONG, Sept 15 - Business in Hong Kong isreturning to normal as the government lowered the No.8 typhoonwarning signal at mid-morning after Koppu
swept the city,closing schools and markets and injuring at least 28 people.</p]
Typhoon Koppu continued to move away from Hong Kong and theHong Kong Observatory replaced the No.8 storm signal with a No.3strong wind signal at
around 10:15 a.m. (0215 GMT).</p]
Koppu brought gale-force winds and heavy downpours to thecity on Monday evening and overnight.</p]
At least 28 people were admitted to hospital as a result ofthe typhoon, but most sustained only minor injuries and weredischarged after treatment,
the government said.</p]
Hong Kong financial markets were closed on Tuesday morningbut there was no major disruption to air traffic.</p]
Hong Kong Exchanges and Clearing said trading would resumefrom 2:30 p.m. (0630 GMT) on Tuesday, while other markets andbanks would reopen
gradually.</p]
As of 0200 GMT, Koppu was centred about 260 km west of HongKong and was forecast to continue to move inland west-northwestat about 20 km per hour
into the southern Chinese province ofGuangdong. </p]cartoning machine 上海翻译公司 sofa legs MBA プロジェクト管理 ペニーオークション 現金化
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