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Experts predicted that the annual CPI rose 5.5%

03:13, 18/10/2011  ..  0 comments  ..  Link
Experts predicted that the annual CPI rose 5.5% 15 experts organized by Tsinghua University in China and the World Economic Forum, said that the next CPI rise will continue to fall, the estimated annual increase of 5.5%. China's future economic growth slowdown is inevitable, should slow down the process of seeking significant progress in economic restructuring. CPI is expected to continue to fall Tsinghua University, China and World Economy Research Center, 15 released "China's Macroeconomic Forecast and Analysis" report (the report) expected future CPI rise will continue to fall, [url=http://fj.trade2cn.com/special/light/led-light.htm]china led light[/url]to the end of the year will fall to 4.6%, annual increase of 5.5 %, 2.7% in 2012. The coming years China's economy will continue to face greater pressure, mainly due to escalating labor costs, and thus the current round of inflation will be sustained, the next five to ten years there will be between 3% to 5% of moderate inflation situation. People's Bank of China Monetary Policy Committee, Tsinghua University, China and World Economy Research Center, David (microblogging) said that with the pre-control policies and future hikes show the impact of diminishing, future CPI inflation will continue to fall, policy to control inflation target has been initially achieved. State Information Center Fan Jianping, director of economic forecasting is expected this year, annual CPI increase of 5.5%, next year will be reduced to 4%. Promote the economic structural adjustment , David said, China's future economic growth is slowing down the trend is irreversible, not because of a slowdown in the lack of economic momentum, but the growth pattern, the next step in the economic slowdown to seek a major restructuring progress. Monetary policy will remain stable, the future of fixed-asset investment growth remained strong. Overall, the current economic restructuring policies fit the actual requirements. link:http://fj.trade2cn.com/special/light/led-light.htm

Eurozone September CPI rose 3% in line with expectations

03:13, 18/10/2011  ..  0 comments  ..  Link
Eurozone September CPI rose 3% in line with expectations EU statistics department announced on 14 October, the euro area in September, consumer prices index (CPI) rose 3%, the chain increased 0.8%, the increase are in line with previous forecasts. Earlier, analysts said the euro zone inflation is likely the next few months as a roller coaster, near the end of the third quarter, most of the growth indicators are that the entire euro zone [url=http://fj.trade2cn.com/special/light/led-light.htm]led flood light [/url] economy is showing a strong downward trend. As the debt crisis in Europe and damaged business confidence, and increase the possibility of economic recession again, market expectations for ECB rate cut continues to heat up, but higher inflation may make the European Central Bank into a dilemma. In early September the European Central Bank maintained the benchmark interest rate unchanged at 1.50%, Trichet (JeanClaude Trichet) said euro zone inflation in the coming months may still be significantly higher than the 2% level, the inflation outlook is facing upside risk to price pressures and suggesting may spread to the salary field. link:http://fj.trade2cn.com/special/light/led-light.htm

S & P cut Spain's sovereign rating on negative watch Goldman Sachs and other seven lines

03:13, 18/10/2011  ..  0 comments  ..  Link
S & P cut Spain's sovereign rating on negative watch Goldman Sachs and other seven lines October 14, before the markets opened in Asia, first Fitch UBS and three other European banks, followed by Standard & Poor's cut Spain's sovereign credit rating. Spain's sovereign rating was lowered, the euro against the U.S. dollar tumbled, falling close to 1.3730 from 1.3770 or so. Asian markets ended lower Monday, the collective, the Shanghai Composite Index fell 0.3 percent, down 1.4% in Hong Kong, Japan and Australia fell 0.9%. Following the reduction in Spain last week after Fitch, Standard & Poor's day will be long -term sovereign credit [url=http://en.trade2cn.com/weihai/]weihai lights[/url]rating downgrade Spain's level, down from AA to AA-, the rating outlook is negative. Spain rating cut the external environment is mainly due to poor and high cost of financing, Spain's economic growth prospects facing uncertainty. S & P expects Spanish economic growth this year is about 0.8%, 1% next year. Secondly, the Spanish unemployment rate is chronically high, and this year there is a slight upward trend. Eurostat data show that Spain's unemployment rate has been highest in the EU-27 in August to 21.2%. By the end of the Spanish public debt to GDP ratio of 91%. Spain's high debt burdens make it the ability to resist changes in the external environment is particularly fragile. In addition, greater exposure to the Spanish financial system, there is continued deterioration of asset condition possible. Although the S & P down 10 just three days before the Spanish financial institution's credit rating, the agency will be expected to further weaken the Bank of Spain. link:http://en.trade2cn.com/weihai/

Announced the postponement of the U.S. Treasury currency report released

03:13, 18/10/2011  ..  0 comments  ..  Link
Announced the postponement of the U.S. Treasury currency report released 14 U.S. Treasury Department said in a statement submitted to Congress every six months delay of the major U.S. trading partners' international economic and exchange rate policy report. " Ministry of Finance said in a statement, delayed because of the exchange rate reported in some recent major international conference with the parties concerned to continue consultation and coordination, these meetings include the G20 Finance Ministers and Central Bank Governors meeting, the Group of Twenty summit, APEC organization and the APEC informal leadership meeting of finance ministers meeting. According to the U.S. Congress passed a bill in 1988, the Ministry of Finance twice a year to Congress on [url=http://en.trade2cn.com/shantou/]shantou lights[/url]major U.S. trading partners are manipulating the exchange rate policy to gain an unfair trade advantage the report, was identified as a "currency manipulator" of trading partners , will be subject to U.S. trade penalties. The second half of this year's report scheduled for release October 15. However, in recent years, the Ministry of Finance often delayed publication of the report. Time is the latest report was released on May 27 this year. The Obama administration has released five exchange rate policy, are not labeled on the major trading nation "currency manipulator" label. link:http://en.trade2cn.com/shantou/

Nokia want to lay off more than three thousand people in Europe

03:13, 18/10/2011  ..  0 comments  ..  Link
Nokia want to lay off more than three thousand people in Europe Finland's Nokia, according to Xinhua News Agency Xinhua (microblogging) 29 company, announced the world's largest mobile phone maker intends the end of 2012 in Romania, Germany and the United States laid off 3,500 people. Nokia said in a statement: "Nokia intends to close the end of 2011 grams of Lu in Romania ... ... Japan's factories [url=http://fj.trade2cn.com/special/light/led-light.htm]led flood light[/url] closed by the end 2012, Bonn, Germany and the United States in the Malvern factory and business development department." In April, Nokia announced the reduction of 4,000 employees and 3,000 outsourced jobs. Nokia hinted to be examining its Salo in Finland, Hungary Kom¨˘rom, Renault SA's facilities in Mexico, the company may announce more layoffs next year. Nokia CEO Sidifenai Roper said: "We have to take painful but necessary measures in order to adjust the implementation and operation of labor." The United States the world's leading rating agencies Standard & Poor's in August this year, Nokia's long-term corporate credit rating from BBB to BBB, reason is that the dismal sales of Finnish companies, strategic transformation difficult. link:http://fj.trade2cn.com/special/light/led-light.htm

Australia's trade surplus in August 2011 a new high record year

03:13, 18/10/2011  ..  0 comments  ..  Link
Australia's trade surplus in August 2011 a new high record year According to the latest trade data show that the Australian Bureau of Statistics, Australian trade in goods and services in August total 53.632 billion Australian dollars. Among them, exports 28.366 billion Australian dollars, growth of 8%, an increase of 15.51%. Imports 25.266 billion Australian dollars, growth of 3.3%, an increase of 13.73%, A $ 3.1 billion trade surplus, a record high of nearly a year. August Australia Australian goods exports 24.122 billion, an increase of 19.16% and imports 20.166 billion Australian [url=http://en.trade2cn.com/hulunbuir/]hulunbuir lights[/url] dollars, an increase of 15.05%, A $ 3.956 billion trade surplus. Services exports 4.244 billion Australian dollars, down 1.62% and imports 5.1 billion Australian dollars, an increase of 8.81%, A $ 856 million deficit. January to August, Australia's total trade in goods and services 395 745 000 000 Australian dollars, an increase of 8.31%. Exports 204 618 000 000 Australian dollars, an increase of 9.86%. Australian imports of 191.127 billion, an increase of 6.7%. Trade surplus of 13.491 billion Australian dollars. January to August, exports of 171.152 billion Australian dollar trade in goods, an increase of 12.94%, imports 152 091 000 000 Australian dollars, an increase of 6.82%, A $ 19.061 billion trade surplus. Australian services exports 33.468 billion, down 3.59%; imports 39.038 billion Australian dollars, an increase of 6.26%. Deficit of 5.57 billion Australian dollars. link:http://en.trade2cn.com/hulunbuir/

The State Council promulgated the development of measures

03:13, 18/10/2011  ..  0 comments  ..  Link
The State Council promulgated the development of measures to support small and micro enterprises According to the Chinese government news network, Premier Wen Jiabao chaired a State Council executive meeting, the study identifies small and micro enterprise development to support the financial, fiscal policy measures. It was noted that small and micro enterprises in promoting economic growth, increase employment, technological innovation and social harmony and stability, has an irreplaceable role. Currently, some small micro-business difficulties, the burden of financing difficulties and emphasis on issues such as outstanding tax, must pay close attention. To strengthen the financial [url=http://fj.trade2cn.com/special/light/led-light.htm]china led light[/url] services and tax support, mainly to increase in line with national industrial and environmental policies to attract technology jobs, services and processing industries and other efforts to support the real economy, and help guide the sound operation of small micro-enterprises, enhance the profitability and development stamina. Meeting the financial support of research to determine the small micro-enterprise development policies and measures: (A) increase the small micro-credit support to enterprises. Micro-banking financial institutions for small business loans of not less than the growth rate of average growth rate of total loans, incremental level higher than the same period last year, for a small financial institutions to meet the requirements continue to lower the deposit reserve ratio. Commercial bank focused on single-family credit increased $ 5 million credit to support small-scale micro-enterprises. Strengthen supervision and end-user monitoring loans, to ensure that small and micro enterprises for the normal production and operation. link:http://fj.trade2cn.com/special/light/led-light.htm

Commerce Department: U.S. Senate bill rate of serious violations of international rules

03:13, 18/10/2011  ..  0 comments  ..  Link
Commerce Department: U.S. Senate bill rate of serious violations of international rules 11 U.S. Senate passed the "2011 Oversight Reform Act of currency exchange rates," Commerce Ministry spokesman Shen Danyang, 12, issued a statement that the recovery in the global economy facing a severe test of the critical moment, the United States Senate to promote legislation to [url=http://en.trade2cn.com/hulunbuir/]hulunbuir gifts[/url] force trading partners to currency appreciation, is tantamount to issuing the wrong signal of trade protectionism upgrade. This is a serious violation of international rules, not only threatens the stable development of Sino-US economic and trade relations, but also to jointly cope with challenges in the world, runs counter to efforts to oppose trade protectionism, China is firmly opposed. The main contents of the bill is to require the U.S. government on the so-called "exchange rate is undervalued," the major trading partners impose punitive tariffs. The bill approved in the Senate, but also by the U.S. House of Representatives passed only after President Obama signed into law. Shen Danyang stressed that China has always maintained the two sides to strengthen communication, common to take positive measures to develop Sino-US economic and trade cooperation. Once the U.S. related to motion into law, will inevitably lead to serious damage to Sino-US economic and trade relations, which is the Chinese do not want to see. Hope that the U.S. ponder discernment, objective and rational treatment of the exchange rate, make the right choice. link:http://en.trade2cn.com/hulunbuir/

G20 best to prevent the debt off the global banking crisis in Europe

03:13, 18/10/2011  ..  0 comments  ..  Link
G20 best to prevent the debt off the global banking crisis in Europe Group of Twenty (G20) finance ministers and central bank governors meeting in Paris on October 15 closing. G20 finance ministers and central bank governors issued a statement after the meeting said the meeting adopted a system designed to reduce the risk of the importance of a comprehensive framework for financial institutions, including the strengthening of supervision,[url=http://en.trade2cn.com/shantou/]shantou gifts[/url] cross-border cooperation mechanisms, clear bankruptcy relief order and fine the loss of these financial institutions the ability to absorb additional capital requirements. Statement called the Financial Stability Board (FSB) to determine the extension of this framework in the form to apply to all systemically important financial institutions. Analysts believe that, as a November G20 summit in Cannes before the preparatory meeting, the meeting has become a crisis to promote the euro zone rescue mechanism to prevent the debt crisis set off an important opportunity for the global banking crisis, the debt crisis solution will become G20 summit in Cannes one of the core issues. According to Reuters, the EU member states are developing a plan may include increased private sector creditors will bear the loss of Greek bonds, the proportion of write-downs, the European bank capital levels to improve and expand the European Financial Stability Fund (EFSF) and the International Monetary Fund (IMF) aid scale. EU is expected to be held on 23 October EU summit to launch the program, and was formally submitted in November G20 summit in Cannes consideration. Strict control of systemic risk of financial institutions Currently, the market for debt default in Greece is expected to strongly. After default, to prevent the Greek financial system caused by the euro area and global "tsunami", analysts believe, G20 in advance of the Greek default "funeral arrangements" to prevent the debt crisis led to the outbreak of the global banking crisis, build a financial system as soon as possible "firewall." G20 finance ministers and central bank governors in 15 joint statement issued after the meeting that concerns the euro area banks in the market against the backdrop of tight liquidity, G20 commitment to ensure that banks have adequate capital adequacy and financial means, "If necessary, central banks will continue to support euro area banks to provide liquidity. " link:http://en.trade2cn.com/shantou/

National Bank of Kuwait, the first nine months net profit of $ 819 million Kuwait, the largest, but also the Middle East, the highest rated banks - National Bank of Kuwait (NBK) 2011 first nine months net profit of $ 819 million (225.6 million Bran

03:13, 18/10/2011  ..  0 comments  ..  Link
National Bank of Kuwait, the first nine months net profit of $ 819 million Kuwait, the largest, but also the Middle East, the highest rated banks - National Bank of Kuwait (NBK) 2011 first nine months net profit of $ 819 million (225.6 million Branch dinars). As of end of September 2011, NBK total assets reached $ 47.6 billion (13.1 billion dinars Branch), an increase of 5% to led light enhance shareholders' equity 13.9%, to $ 8.2 billion (2.3 billion dinars Branch), turnover annual growth of 7% growth rate, growth amounted to $ 1.453 billion (400 million subjects dinars). NBK Chief Executive Ibrahim Dabdoub said the global financial crisis and growing recession in the economic environment, NBK's operations and still maintain a strong performance, enough to take in order to prove its core business based strategy's success. He praised, NBK crisis in several different business and assets to maintain healthy development, because the Group adopted a prudent culture and a clear strategic vision. NBK has won this global financial assessment of the euro area and the "Best Bank in the Middle East in 2011" in the world. NBK is currently the most extensive coverage of business in Kuwait, with 69 branches in the world with 177 branches and outlets, including in London, Paris, Geneva, New York, Singapore, Shanghai and other international financial center and the Middle East, Lebanon, Jordan, Iraq, Egypt, Bahrain, Qatar, Saudi Arabia, UAE and Turkey's business sector. Moody's, Fitch and Standard & Poor's international rating agencies, consistent with the three major NBK as the Middle East will be the highest level of banks, the rating include the pros and cons of bank capital, the bank's prudent lending policies, to carry out venture capital business, and stringent management Bank staff team stability. link:http://fj.trade2cn.com/special/light/led-light.htm

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Experts predicted that the annual CPI rose 5.5%
Eurozone September CPI rose 3% in line with expectations
S & P cut Spain's sovereign rating on negative watch Goldman Sachs and other seven lines
Announced the postponement of the U.S. Treasury currency report released
Nokia want to lay off more than three thousand people in Europe

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