Energy Links with Russian Strengthen

Thursday, October 13, 2011 11:11
Posted in category Economic Outlook

energy cooperation

China and Russia have been looking to actively push forward cooperation on oil and gas. However, the process has been long subject to delay due to disagreements in pricing.
Recondly, the two countries made giant strides in energy cooperation via first agreeing a price for Russian crude oil exported through a cross border pipeline and then announcing the approaching final stage of work on the gax exports from Russia to China.

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Europe Should Share the Burden of Debt

Thursday, October 13, 2011 8:36
Posted in category Economic Outlook

Today’s world is tgreatened by the repeat of the 2008 economic crisis. The financial meltdown, which is expected to be of more cataclysmic scale, will take place in the European area instead of in the US. And this time, the financial mechanism involved will not be the highly complex structured financial products, but the government bond, which is one of the oldest financial instrument in the world.
Though government and central banks are working hard to find out the solution, the future remain unclear. According to the market analysts, it is indicated that the financial revolution of the modern world should be based on a political order, which should antecede a full transition to universal democracy.
Thouhg it is assumed that national temperament somehow inbues the European countries with a proclivity to default, a key determinant of debt sustainability should never be forgotten. It seems that at the end of the day, a collective burden-sharing Europe remains the only effective way out of the currency economic crisis.

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Tax for Green Growth

Wednesday, October 12, 2011 15:36
Posted in category Featured

Green taxThe fast-than-expected transition of the value-based resource tax from a regional program to a national practice in the next month is now more than welcomed in China.
China’s government is looking to run the resource tax across the country over a 5-year period. It will adequately bolster the country’s effort in energy reservation. Meanwhile, with the new tax, the local government will gain a needed boost to the funds available for environmental protection.

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China Buys Japan Debt as Crises Grow in the West

Wednesday, October 12, 2011 10:17
Posted in category Economic Outlook

According to the analysts, it is said that overseas central banks are now diversifying away from the US dollars. For example, in a most recent attempt to get refuge from the financial crisis in the US and Europe, China bought more Japanese debt than it sold for the first time ever since October 2010.
According to a statement by Japan’s Ministry of Finance, it is revealed that with a fast growing economy, China bought a net 345.6 billion yen in money-market instruments and sold 166.7 billion yen in japanese bonds, which resulted in a total purchase of 178.9 billion yen. As a result, the yen has strengthened to a postwar record of 75.95 on Aug 19th amid concern that Europe’s sovereign-debt crisis may spread.

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Stop The Bill Collection and Debt Collector’s Harassment

Wednesday, October 12, 2011 9:56
Posted in category Banking and Finance

Debt Collector

As the global economy has been melting and unemployment rate keep soaring, harassing calls from debt collectors have become an important part of life for many households. Sometimes, the harassing calls are so many that they greatly influence the quality of one’s life. It is possible that such kind of harassing could drive one depress or even mad, especially during the crisis time.
According to the Fair Debt Collection Practices Act, it seems that people who are having debt burden also have the same human rights. These days, there are a lot of lawyers in the field, ready to help to consumers who are victims of debt collector harassment. If you are facing such kind of problem and looking to get rid of the annoying calls, they are the right ones to turn to for some legal advice and even legal assistance.
Are you a residence in the area of California? Are you facing some trouble with handling your own bills and debts? Are you tired of being tracked by the debt collectors in the field? Are you looking to stop collection harassment for good? Check it out to learn more about stop collection harassment California . Get some help from the experts in practice. Find the right financing solutions that lead you out of bad situation.

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M&A Value Rises by 33%

Tuesday, October 11, 2011 7:54
Posted in category Economic Outlook

The total value of merge and acquisition in China increased by 33% in the third quarter from the previous quarter.
There are total 575 completed M&A deals during the period, making th highest so far during 2011. Manufacturing was the most favoured industry sector for the investors, with 83 deals, followed by 82 in energy and mining, and 53 in IT sector. And Chinese companies have managed to dominate th M&A market with 39 deals closed by Chinese companies buying foreign assets.

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Opening of the West Lake International Expo Investment Cooperation Week

Tuesday, October 11, 2011 7:38
Posted in category News

West Lake International Expo Investment Cooperation Week

The annual West Lake International Expo Investment Cooperation Week is going to be opened on Oct 11th in Hangzhou, China. International and domestic investors are converging in the weeklong event, which is looking to secure investment in 10 key industries, including culture innovation, tourism and leisure, financial services, e-commerce, information technology and software, modern equipment manufacturing, Internet of things, biomedicine, environmental protection and new energy. Three major activities will be held during the event: promotion of city projects, industrial cooperation, and exchange forums.

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