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zhen33
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Wines pr green house oducers and sellers approach Chinese market with caution

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Wines producers and sellers approach Chinese market with cautionPublished: 08 Nov 2009 08:02:02 PST

Chinese wine imports have soared more than 10-fold in the past few years but foreign producers hoping to cash in on the boom are warning the market is fickle and not for the faint of heart.

China is on track to import 10 million cases of wine this year, up from 840,000 in 2004, according to the Hong Kong Trade Development Council (HKTDC).

Asian wine consumption, excluding Japan, is expected to double from this year to $27 billion in 2017, the council believes, with much of that growth driven by Hong Kong and cash-rich Chinese mainland.

"Many people are shocked by the speed of the growth," said Raymond Yip, the HKTDC's assistant director. "But there is a lot of pent-up demand for wine."

The disposable income of an emerging Chinese middle class has grown and many of its members are choosing wine as a healthier alternative to spirits, Yip said.

"People are getting more health conscious and all of a sudden wine has become fash-ionable," he added.

Raymond Signorello, proprietor of Signorello Vineyards in California's Napa Valley, said he has been struggling to find the right agent to market his premium reds on the mainland.

"It's kind of a gold rush, and there are a whole pile of Johnny-come-lately types who want to make a quick buck," he said.

"It's not as easy as everyone thinks," said Danny Kwok, whose firm Syba (China) im-ports Spanish wine for the Hong Kong market. "China is still a developing country and it's hard to establish stable laws and regulations for wines."

Hong Kong and Chinese mainland officials announced last week they had reached a deal on improving customs procedures to ease the flow of wine to the mainland.

Brendan O'Toole, managing partner of Hong Kong-based wine exporter Summergate, said the business environment for wineries selling to China was improving, but only slowly.

Some wealthy mainland and Hong Kong drinkers are also turning to wine as an invest-ment after wild swings in the stock and property markets.

Last month, auction giants Sotheby's and Christie's both said Hong Kong was overtaking New York and London as the world's largest market for rare vintages.

At Sotheby's Hong Kong wine sale in October, Chinese mainland buyers accounted for more than a third of buyers, up from 10 percent at a sale just a few months earlier.

AFP

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September 14, 2011 at 3:33 AM Flag Quote & Reply

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Australi Gucci purses an iron ore firms engage with CRM

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Australian iron ore firms engage with CRMPublished: 08 Sep 2009 18:02:01 PST

Two Australian iron ore firms Tuesday announced separately their fund-raising agreements with China Railway Materials Commercial Corp (CRM) in return for supply contracts.

In two iron ore-related deals, CRM forged separate alliances with explorers FerrAus and United Minerals, both operating in west Australia's vast Pilbara iron ore belt.

Much of Australia's resources are in remote outback areas with little infrastructure, which makes Australian prospectors and miners hungry for new capital to dig new mines and build new rail lines and ports.

The alliances could help both FerrAus and United Minerals to develop their Pilbara deposits, including new rail and port facilities needed to export their ore from the eastern Pilbara.

Conditional on the supply to CRM of 3 million tons of ore a year for 10 years, the United Minerals deal agrees a A$27.2 million ($23.2 million) placement to CRM at A$1.35 ($1.15) per share, in a bid to help develop its "Railway Iron Ore" deposit.

"Funds from this capital raising and more importantly the relationship we are building with China Railway Materials Commercial Corp Group will enable the Railway Iron Ore Deposit to be advanced towards production," United Minerals Chief Executive Matthew Hogan said in a statement.

Under the FerrAus deal, CRM is to take a placement in FerrAus equal to 12 percent of the miner's capital structure. Based on the current capital structure of FerrAus, the investment would be approximately $12.6 million.

FerrAus jumped 12 percent to 60 cents at the 4:10 pm Sydney time close Tuesday on the Australian stock exchange, while United Minerals advanced 6.9 percent to A$1.09 ($0.93).

However, all foreign sovereign investments need Australian government approval, and the queue of Chinese state investments awaiting the government's go-ahead is lengthening by the day.

China Guangdong Nuclear Power Holding Co Ltd also agreed Tuesday to buy up to 70 percent of Energy Metals, a uranium prospector. Another junior iron ore miner, Atlas Iron, revealed that it, too, had held inconclusive talks with prospective Chinese investors.

China, leading the world out of the deepest global recession in 80 years, also feels the urgent need for raw materials to support the economy, especially for Australian commodities such as iron ore.

China consumes almost 80 percent of Australian iron ore exports by volume, up from around 20 percent at the start of the decade.

Reuters / Global Times

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September 14, 2011 at 3:35 AM Flag Quote & Reply

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Hangzhou helmets Binjiang sees profit surge 32.52% in 2008

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Hangzhou Binjiang sees profit surge 32.52% in 2008Published: 26 Feb 2009 17:36:12 PST

Feb. 27, 2009 (China Knowledge) - Hangzhou Binjiang Real Estate Group Co<002244> announced on Wednesday that it recorded net profit of RMB 603.998 million in 2008, a year-on-year increase of 32.52%, sources reported.

The Shenzhen-listed company ascribed the big gain to its surging operating profit margin and lower tax rate. The firm's gross profit reached RMB 809.926 million, up 13.43% from the previous year.

The enterprise's sales revenue hit RMB 2.326 billion, down 11.97% from a year earlier. Earnings per share were RMB 0.61, surging 19.61% year on year. The company's rate of return on net assets was 20.93%, a year-on-year decrease of 19.80%.

At the end of last year, the total assets of the real estate firm were RMB 13.933 billion, 70.36% higher than the RMB 8.179 billion of last year.


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September 14, 2011 at 3:37 AM Flag Quote & Reply

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Chinese hockey jersey stocks down 1.15% in the morning session

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Chinese stocks down 1.15% in the morning sessionPublished: 15 Jan 2009 00:00:00 PST

Jan. 15, 2009 (China Knowledge) - Chinese stocks ended 1.15% lower in the morning trading session on Thursday, following overnight losses on Wall Street.

The Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, fell 22.20 points to close at 1,906.67 points in the morning session.

The Shenzhen Component Index on the smaller Shenzhen Stock Exchange dropped 1.08% or 73.58 points to stand at 6,738.29 points.

The Chinese government yesterday announced oil prices-cutting plan. Market heavy weight PetroChina<601857><857><PTR>, the nation's top oil producer, lost 1.56% to close at RMB 10.08, while Asia's largest oil refiner Sinopec<600028><386><SNP> dropped 0.97% to RMB 7.17.

The Industrial and Commercial Bank of China (ICBC)<601398><1398>, the largest of China's Big Four state-owned banks by market value, was down 2.24% to close at RMB 3.49. While China Merchants Bank (CMB)<600036><3968> shrank 2.35% to stand at RMB 12.47.

China Life Insurance Co Ltd<601628><2628><LFC>, the country's largest life insurance company, declined 3.01% to RMB 19.02, while Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, dropped 2.88% to RMB 28.99.

Haitong Securities Co Ltd<600837> gained 2.04% to close at RMB 10.02. CITIC Securities Co. Ltd<600030>, the country's most profitable brokerage, reduced 2.23% to RMB 19.69. Changjiang Securities Co Ltd<000783> rose 0.41% to close at RMB 9.82. Guoyuan Securities Co Ltd<000728> went down 1.31% to close at RMB 12.03.


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September 14, 2011 at 3:40 AM Flag Quote & Reply

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Big chil Hydraulic Control Butterfly Valve l in rural home appliance push

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Big chill in rural home appliance pushPublished: 16 Oct 2009 01:02:01 PST

Farmers in Sichuan Province learn about the subsidies for home appliances. Photo: CFP

By Tu Lei

The national rural home appliance push meant to boost country lifestyles and the overall economy as part of China's national stimulus package has slowed after a fast start.

The four-year project began on December 1, 2008, selling electric appliances at prices 13 percent lower than in cities.

According to the Ministry of Commerce (MOFCOM), overall sales figures have shown a steady decline since July, especially for air conditioners and refrigerators, largely due to seasonal factors.

But the paperwork and red tape needed for rural buyers to receive rebates is also seen by some analysts as a factor, though the waiting time for the cash rebates has been officially shortened to 15 days from periods as long as two months in some areas.

The MOFCOM said 6.18 billion yuan ($904.97 million) worth of appliances were sold in September, with a sales volume of 3.16 million units. Those figures were down 18.66 and 16.58 percent respectively compared with August, and dipped 30 and 26 percent respectively compared to July.

However, of the nine appliance categories, six such as washing machines, heaters, and color TVs saw rising sales. Refrigerators and air conditioners, which account for the biggest part in the rebate project, witnessed a big September decline, as did computers and cell phones.

The September sales total for air conditioners was 940 million yuan ($137.69 million), down 42 percent from August, and 2.526 billion yuan worth ($307.02 million) of refrigerators were sold in September, meaning a 30 percent drop from August. The sales volume in August dropped by 35 and 22 percent compared from July.

The decline is mainly due to cooler weather, said Xu Dongsheng, vice-secretary general from the China Household Electrical Appliances Association (CHEAA).

"It's natural to see declining sales of air conditioners and refrigerators, because the hottest season has passed," Xu told the Global Times.

Deng Xingxing, a Haier shopkeeper in Lichuan County in East China's Jiangxi Province, said the slow rebate process was troublesome. He told the Global Times that buyers must go many times to the village's finance department to fill out paperwork and then get the rebates.

"It is ok if the subsidies are as high as 500 yuan ($73.24), but normally, the rebate is about 200 yuan ($29.29), and some buyers don't like to spend time on it, because it's too troublesome," said Deng.

A survey done by Aux, an air conditioner producer based in Zhejiang Province, showed respondents said lengthy complicated rebate process had hindered the promotion.

Some potential buyers said they decided not to make the purchase because the rebates were not immediately available at the store, said Li Xi, the Aux vice president who is responsible for his company's part in the rural appliance project. Sales were also hindered because dealers found it difficult to explain the rebate policies, he added.

To help solve the problem, in a proposal written to the government, Aux suggested that 13 percent of the subsidies should be given to the producers directly in order to allow them to give money directly to stores.

The Haier seller Deng also said she wished her store could give money back to customers directly, making it easier for both sellers and buyers.

The limit on items available under the program is another inconvenience, said some shop owners.

Zhou Shiqing, who owns a cell phone shop in Lichuan County, said he has only sold two phones since the project began.

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September 14, 2011 at 3:44 AM Flag Quote & Reply

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Huadian Hydrostatic test pump Power buys 45% equity interest in Yinxing Coal

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Huadian Power buys 45% equity interest in Yinxing CoalPublished: 22 Sep 2009 19:56:14 PST

Top 5 News From ChinaKnowledge.comCIC to buy 12.91% stake in Noble GroupChina Unicom adds 127,000 GSM users in AugustFocus Media posts US$23 mln of net loss in Q2Huawei to open research center in France this monthWumart Stores eyes Shanghai market

Sep. 23, 2009 (China Knowledge) - Huadian Power International Corp<600027><1071>, China's largest independent power producer, recently signed an agreement with Ningxia Electric Power Group Co Ltd to acquire a 45% equity interest in Ningxia Yinxing Coal, sources reported.

Huadian Power said in a statement filed with the Shanghai Stock Exchange that it will spend RMB 600 million to complete the acquisition. Ningxia Electric Power Group will retain a 55% equity interest in Ningxia Yinxing Coal.

The acquisition will give Huadian Power the right of first refusal on 45% of the coal produced by Ningxia Yinxing Coal.

Huadian Power will help Ningxia Yinxing Coal develop its two major coal mines, which have a combined annual production capacity of 5.8 million tons.

Reportedly, Huadian Power made several acquisitions this year, expanding upstream into the coal business. The firm bought a 70% equity interest in each of two coal mining enterprises in Shanxi Province, according to Huadian Power's statement filed with the Shanghai Stock Exchange.

Huadian Power recorded RMB 546 million of net profit in the first half of this year, compared with a loss of RMB 4.92 million a year earlier.


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September 14, 2011 at 3:46 AM Flag Quote & Reply

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Guangzho Indoor playground equipment u R&F Property to issue RMB 5.5 bln in bonds in Oct

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Guangzhou R&F Property to issue RMB 5.5 bln in bonds in OctPublished: 07 Oct 2009 18:07:58 PST

Top 5 News From ChinaKnowledge.comPrimus Financial Holdings wins bid for AIG's Taiwan businessNew World Department Store accelerates mainland expansionChina Minsheng Bank to seek controlling stake in UCBHChina bolsters global luxury car market in SepGlaxoSmithKline to set up child vaccine JV in China

Oct. 8, 2009 (China Knowledge) - Guangzhou R&F Property Co Ltd<2777>, a real estate developer headquartered in Guangzhou, Guangdong Province, has obtained approval from the Shanghai Securities Exchange to issue RMB 5.5 billion worth of corporate bonds, said the assistant to the chairman.

He also said that the issuance is expected to take place this month and that the company will be able to achieve its sales target for 2009.

The bonds include bonds with a tenor of five years and bonds with a maturity of ten years. The proceeds will be used to improve the developer's financial status and fund business development.

Guangzhou R&F Property received approval for the issuance from the China Securities Regulatory Commission, the nation's top securities watchdog, in July.

The Hong Kong-listed developer reported a 90% plunge in net profit for the first half of this year.


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September 14, 2011 at 3:47 AM Flag Quote & Reply

zhen33
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Guangzho Indoor playground equipment u R&F Property to issue RMB 5.5 bln in bonds in Oct

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Guangzhou R&F Property to issue RMB 5.5 bln in bonds in OctPublished: 07 Oct 2009 18:07:58 PST

Top 5 News From ChinaKnowledge.comPrimus Financial Holdings wins bid for AIG's Taiwan businessNew World Department Store accelerates mainland expansionChina Minsheng Bank to seek controlling stake in UCBHChina bolsters global luxury car market in SepGlaxoSmithKline to set up child vaccine JV in China

Oct. 8, 2009 (China Knowledge) - Guangzhou R&F Property Co Ltd<2777>, a real estate developer headquartered in Guangzhou, Guangdong Province, has obtained approval from the Shanghai Securities Exchange to issue RMB 5.5 billion worth of corporate bonds, said the assistant to the chairman.

He also said that the issuance is expected to take place this month and that the company will be able to achieve its sales target for 2009.

The bonds include bonds with a tenor of five years and bonds with a maturity of ten years. The proceeds will be used to improve the developer's financial status and fund business development.

Guangzhou R&F Property received approval for the issuance from the China Securities Regulatory Commission, the nation's top securities watchdog, in July.

The Hong Kong-listed developer reported a 90% plunge in net profit for the first half of this year.


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September 14, 2011 at 3:53 AM Flag Quote & Reply

zhen33
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Future a Japan korean fashion wholesale uto market needs compact, energy-saving bulbs

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Future auto market needs compact, energy-saving bulbsPublished: 25 Jun 2009 22:04:15 PST

Gasgoo.com: Would you please give us a brief introduction of Philips Automotive Lighting?

Dominiek: Philips Automotive Lighting Business Group (BGA) belongs to the Lighting sector in Royal Philips Electronics of the Netherland. Another two sectors Royal Philips Electronics engaged in are Healthcare and Consumer Lifestyle. Philips Automotive lighting conducts business via business lines: Headlight (Xenon, Halogen), Signaling&Interior, Non-car (Two-wheeler, Truck and Bus).

We have 6 manufacturing plants located in Germany (Aachen and Plauen), France, Poland, Brazil and China (Songzi, Hubei Province), and 48 sales offices covering all major countries.

We are in the leading position in automotive lighting industry in terms of almost all aspects with No.1 market share globally.

Gasgoo.com: How do you evaluate the automotive lighting after-market business opportunities in China, and what are your competitive advantages to catch the opportunities?

Dominiek: In China, we find 60% drivers have less than 4 years driving experience. They have not been educated well to pay attention to the relationship between auto lighting and driving safety. As result, around 75% volume shares are taken by low end products. It is key issue for not only Philips but also other auto lighting players to lead customers from price oriented to be value oriented.

Follow this direction, we define customers' demands to two segments, one is "value care" group such as private car and company car drivers. For this group, we would like to leverage Philips leading technology innovation capabilities to offer upgrading products to match their high end demands. Another segment is "cost care" group such as taxi and truck drivers. For these customers, we would like to introduce "TCO" concept and offer well balanced product with great life time and brightness features at reasonable price.

To serve our customers better, channel development plays a key role. We are deploying a project to transfer our channel advantages in tier 1 market to tier 2 and 3 market. Via that, we hope these customers also can enjoy safe and comfortable driving experience via Philips auto lighting products.

In summary, we are confident to win the market via added value offer to end users.

Gasgoo.com: What expectation do you have on China’s market? And what’s your strategy to keep the leading position in China auto market?

Dominiek: China will be the No.1 market soon in the world in terms of vehicle production and sales. We developed strong presence in China market with majority market share, especially we had the majority market share with innovative product like Xenon bulb (over 1 million pcs delivered in 2008) We redeployed sales force to be more close to our customers in China, reinforced our business development with dedicated carmaker approach team and established our Application Lab in Shanghai in March 2008. All these efforts are to build more long term partnership with lamp set makers and car makers. It makes Philips automotive lighting the value-added service provider rather than bulb supplier only.

Gasgoo.com: Right now, global economy is suffering from a financial crisis, especially in the automotive industry. What impact does the crisis have on Philips Automotive Lighting? What measures will you take to sustain your business growth in the economic downturn?

Dominiek: Because we are the No.1 in the market globally, so when the global markets are hit by the crisis, we are also feeling it. And the challenge is huge in a sense that the crisis like we are now seeing is not going to be over in a few months. According to our estimates, it will last until 2012 before cars product蜗轮丝杆升降机 ahappydeal everbuying ショッピング枠 現金化 比較 知味观月饼

September 14, 2011 at 3:56 AM Flag Quote & Reply

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China Mo juicy couture handbags bile, Far EasTone may set up JV in mainland China

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China Mobile, Far EasTone may set up JV in mainland ChinaPublished: 18 Jun 2009 23:02:18 PST

Top 5 News From ChinaKnowledge.comThe Link REIT's distributable income rose 13.5% in FY 2009Hang Seng Index opens 180 points higher on FriChina's coal imports hit 9.43 mln tons in MayUBS cuts shareholding in Maanshan Iron & SteelSuning may buy into Japan's LaoxJun. 19, 2009 (China Knowledge) - China Mobile Ltd<0941><CHL>, the country's largest telecom operator, and Taiwan's Far EasTone Telecommunicaitons Co (FET) may set up a joint venture (JV) in mainland China to sell mobile application products as part of their strategic cooperation plan, said FET Chairman Douglas Hsu, sources reported.

If China Mobile's investment in FET is approved, the JV will be established using those funds, said Hsu.

In addition, China Mobile said in statement that it has no plans to seek a controlling stake in FET if its 12% investment is approved by Taiwanese regulators. Furthermore, the company says it will not participate in the FET's daily business administration, Reuters reported on Thursday.

FET's shareholders have already approved China Mobile's plan to buy a 12% stake in the company through the issuance of up to 444 million new shares valued at NT$17.7 billion.


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September 14, 2011 at 3:58 AM Flag Quote & Reply

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Acer to kids playground set up mainland R&D center

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Acer to set up mainland R&D centerPublished: 22 Nov 2009 19:39:05 PST

More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial Market

Nov. 23, 2009 (China Knowledge) - Taiwan-based Acer Inc, the world's third-largest PC brand, will set up a research and development center on mainland China, in a bid to increase its market share, the Commercial Times reported on Friday, citing Acer Chairman Wang Jeng-tang as saying.

The mainland R&D center will focus on the development of desktop computers and smartphones, said Wang.

The company will develop smartphones based on China's home-grown 3G standard, the TD-SCDMA technology, at the proposed R&D center, said the report.

Acer's global PC shipments grew 25.6% year on year to 10.96 million units in the third quarter of this year, and ranked second after PC brand HP, which shipped 15.79 million PCs, according to statistics from research firm Interactive Data Corp, China Knowledge reported earlier.

Wang earlier said Acer would surpass Hewlett-Packard to become the largest player in the global laptop PC market in 2010, with netbook shipments reaching 40 million units.


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September 14, 2011 at 3:59 AM Flag Quote & Reply

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PVC futu Knife gate valve res trading to start in Dalian on May 25

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PVC futures trading to start in Dalian on May 25Published: 22 May 2009 01:25:31 PST

Top 5 News From ChinaKnowledge.comCoca Cola to invest US$2 bln in China over 3 yearsBYD chairman sells 11.177 mln shares to overseas investorsHSBC to issue first RMB bonds worth at least RMB 1 blnHines Interests to expand investment in China's property marketChinalco issues RMB 10 bln in corporate bondsMay. 22, 2009 (China Knowledge) - China's Dalian Commodity Exchange (DCE) said Wednesday that polyvinyl chloride (PVC) futures trading will start on May 25.

PVC futures trading, which was approved by the China Securities Regulatory Commission (CSRC) in mid-April, is the third new type of futures trading to be permitted in China, following the approval of steel futures and rice futures trading earlier this year.

The first batch of trading contracts will be V0909, V0910, V0911, V0912, V1001, V1002, V1003, V1004, V1005, and the benchmark price of each contract will be released on May 22.

The trading margin for the new contracts will be 7% of the contract value. The daily limit of price fluctuations on the first trading day will be 8% of the benchmark price and 5% of the previous settlement price subsequently.

There are designated warehouses for delivery of the exchange in Shanghai Municipality and in Guangdong, Zhejiang and Jiangsu Provinces.

China is the world's largest PVC producer and consumer. Its output of 8.82 million tons last year accounted for 25% of the world's total.


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September 14, 2011 at 4:01 AM Flag Quote & Reply

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Chinese la machine à broder stocks open 0.83% lower on Thu

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Chinese stocks open 0.83% lower on ThuPublished: 15 Jan 2009 00:00:00 PST

Jan. 15, 2009 (China Knowledge) - Chinese stocks opened lower on Thursday dragged by losses on global stock market, with the benchmark Shanghai Composite Index declining 0.83% from the previous closing.

The benchmark Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, opened lower at 1,912.77, down 16.10 points from Wednesday.

The Shenzhen Component Index on the smaller Shenzhen Stock Exchange opened 1.06% or 72.24 points lower at 6,739.63 points.


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September 14, 2011 at 4:02 AM Flag Quote & Reply

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Toyota t Lapel pin o build Auris hybrid in UK - paper

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Toyota to build Auris hybrid in UK - paperPublished: 13 Jul 2009 18:43:33 PST

TOKYO, July 14 - Toyota Motor Corp plans to produce a gasoline-electric version of its Auris hatchback at its British factory around 2012, in what would mark its first locally produced hybrid car in Europe, an industry daily said.

The Nikkan Jidosha Shimbun said, without citing a source, that The Auris was due for a full remodelling around 2012, and Toyota would offer a hybrid version for production and sale locally in Europe, where diesel engines are popular.

A spokeswoman said Toyota could not comment on future product plans.

The Auris, part of the popular Corolla series, was Toyota's third-best-selling model in Europe during the first five months of this year after the Yaris and Aygo subcompact models.

Days after taking the helm at the company founded by his grandfather, President Akio Toyoda said last month that the world's biggest automaker would be more selective in utilising its resources, dropping a strategy of becoming a full-line maker in all regions.

One example of that was to focus on offering hybrid vehicles in Europe, Toyoda said, implying that it may drop a plan it shelved earlier to cooperate with affiliate Isuzu Motors Ltd to beef up its diesel line-up for Europe.

Toyota builds most of its hybrid vehicles in Japan, but also produces a small number of Prius cars in China and the Camry hybrid in Kentucky. It has already announced plans to also begin production of the Camry hybrid in Thailand and Australia, and the Prius in Mississippi.

Toyota has a goal of selling at least 1 million hybrid vehicles a year within the next few years and has said it would offer the hybrid option on all of its models around 2020.

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September 14, 2011 at 4:04 AM Flag Quote & Reply

zhen33
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Posts: 20

Caijing& leather belt manufacturer #37413;檚 chief editor quits

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Caijing鈥檚 chief editor quitsPublished: 09 Nov 2009 04:02:01 PST

Hu Shuli (Xinhua Photo)

Hu Shuli, one of China’s most outspoken and influential journalists, has submitted her resignation to China Stock Market Research and Design Center and resigned from her post as editor-in-chief of Caijing magazine.

Her resignation ends months of speculation after her team left at the end of September stemming from an intensifying tussle between them and the magazine’s owner and publisher, the Stock Exchange Executive Council (SEEC), headed by former Wall Street banker Wang Boming.

At the end of September, Wu Chuanhui, general manager of Caijing, was the first person to resign, followed by the magazine’s management team, of more than 60 people, resigned en masse. Only one-third of the staff in advertising, marketing and circulation departments still continue to work at Caijing.

There was talk of launching a new magazine named Caixin, and an unnamed source with Caijing says the editorial staff have a deadline until Wednesday to resign in order to join Hu in her new venture.

Media have also reported that Hu may take a job as dean, professor and doctoral tutor of the Communication and Design College at Zhongshan University in the southern Chinese city of Guangzhou.

 

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September 14, 2011 at 4:05 AM Flag Quote & Reply

zhen33
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Posts: 20

Snapshot led light supplier s of change

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Snapshots of changePublished: 26 Nov 2009 06:02:01 PST

A photographic exhibition revealing some of the most dramatic changes during the 30 years since China's opening-up and reform, began Wednesday afternoon at Beijing Gehua Kaiyuan Hotel. A total of 120 photographs taken by German journalist Martin Kummer, were unveiled.

The photos were chosen from more than 10,000 images taken by Kummer in Beijing, Shanghai, Guilin, Guangzhou, Shenzhen and Hong Kong during two trips, one in 1976 and one in 2006.

Showcasing changes that have taken place in society and lifestyles and documenting historical events, the images have been divided into 60 pairs, with each pair shot in the same place but at a different time. A striking contrast is evident in each pair, with many revealing drastic changes over the time period.

 

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September 14, 2011 at 4:07 AM Flag Quote & Reply

zhen33
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Posts: 20

Chinese lightning arrester stocks ended mixed on Thu

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Chinese stocks ended mixed on ThuPublished: 04 Jun 2009 00:29:06 PST

Top 5 News From ChinaKnowledge.comAllianceBernstein cuts shareholding in Sinopec to 4.76%Hang Seng Index opens 159 points lower on ThuDisney Channel to enter the Chinese marketHang Seng Index finishes 2.44% lower at middayChina Huaneng Group to issue RMB 3.5 bln in bonds on Jun. 9Jun. 4, 2009 (China Knowledge) - Chinese stocks ended mixed on Thursday, dragged down by gold firms.

The benchmark Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, edged down 0.41% or 11.35 points to 2,767.24 points after fluctuating between 2,778.24 and 2,728.20 points.

The Shenzhen Component Index on the smaller Shenzhen Stock Exchange edged up 0.20% or 21.41 points to 10,733.72 points, after touching an intraday low of 10,567.43 points.

Decliners in the Shanghai market outnumbered gainers 475 to 327, while 52 were unchanged. Aggregated turnover on the two bourses was RMB 268.6 billion.

Steel makers were among the winners today. China's second-biggest steelmaker Angang Steel Co Ltd<000898><0347> swelled 4.42% to RMB 12.06. Laiwu Steel Corp<600102>, one of the top 10 steelmakers in China, grew 3.18% to close at RMB 10.70. Hunan Valin Steel Co Ltd<000932> rose 3.79% to RMB 6.85.

Nonferrous metal firms were gainers. Aluminum Corp of China Ltd (Chalco)<601600><2600><ACH>, the nation's largest aluminum producer, jumped 7.56% to close at RMB 12.38. Shenzhen-listed Yunnan Aluminium Co Ltd<000807> swelled 5.15% to RMB 8.37.

Bank stocks were also gainers. Shanghai Pudong Development Bank<600000> increased 4.63% to RMB 30.06. Shenzhen Development Bank<000001> grew 2.10% to RMB 20.38. Bank of Communications<601328><3328> rose 1.95% to RMB 7.84.

Shares of securities firms ended higher. CITIC Securities Co Ltd<600030>, the largest listed brokerage in China, increased 1.23% to RMB 27.23. Haitong Securities Co<600837>, China's second largest broker in terms of assets, increased 1.10% to RMB 15.69.

Biopharmaceutical stocks also ended higher. Shenzhen Neptunus Bioengineering Co Ltd<000078> grew 3.86% to close at RMB 7.26. Hualan Biological Engineering Inc <002007> jumped 7.49% to RMB 28.40.

Gold firms were the losers today. Shandong Gold Mining Co<600547>, China's second-largest listed gold miner, shrank 2.01% to close at RMB 53.69. Zijin Mining Group Co Ltd<601899><2899> decreased 2.35% to RMB 9.99.


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September 14, 2011 at 4:10 AM Flag Quote & Reply

zhen33
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Posts: 20

Nortel s livingroom furniture ays China branches untouched by bankruptcy protection

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Nortel says China branches untouched by bankruptcy protectionPublished: 20 Jan 2009 00:00:00 PST

Jan. 20, 2009 (China Knowledge) - Nortel Networks Corp, the Canada-based communications and network giant, said its subsidiaries in Asia, including those in China, won't be affected by its bankruptcy protection announced last week.

The bankruptcy protection isn't the same with bankruptcy, said a representative from Nortel China, adding that, so far, the operation of Nortel China is normal.

Reportedly, Nortel China has more than 4,000 employees.

Nortel announced on Jan. 15 it plans to seek bankruptcy protection from the U.S.' Bankruptcy Court for the District of Delaware. Under the bankruptcy protection procedure, the company's many branches in Canada and Europe will go out of business.

Recently, Nortel restructured its business in Greater China area. Huang Chenhong and Huang Yanwen replaced Jackson Wu, the former president of Greater China.


Copyright © 2009 www.chinaknowledge.com

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September 14, 2011 at 4:11 AM Flag Quote & Reply

zhen33
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Posts: 20

五、推倒和(5)风机箱

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杨莹莹让他过去,他说在打牌。杨莹莹说:“我知道,我比麻将要重要一点吧?”听她的口气,不去怕是不行。说好了打四将牌,赢了钱提前走是说不过去的,他就反过来将杨莹莹的军,说可以过去,今天就留在她那儿不走了。没想到杨莹莹毫不犹豫地答应了。胡鹏好说歹说地丢下三个牌友,把赢的钱一分不留地倒出来给他们,还落得他们一大堆的怨言。

胡鹏有这处房子的钥匙,打开门进去,发现杨莹莹一直站在窗前,她大概是看着胡鹏上楼的。

胡鹏觉得奇怪,只一两眼还是发现了与以往的不一样。过去空荡荡的一大处房子已经被东西填满了,室内布置得很温馨。

杨莹莹推开要表示一下热情的胡鹏:“我不找你,你是不会找我的。”

胡鹏说:“没有的事。我天天想找你。”抱了一下杨莹莹他又说:“我只是在空虚的时候打打麻将。唯有麻将可以让我忘了你。”

杨莹莹说胡鹏说的比唱的好听,问他:“现在呢?”

胡鹏张口就来:“现在,唯有你能够让我忘了麻将。”

杨莹莹正色道:“找你来是为了告诉你一下,我离婚的事跟你无关。”

“什么,你离婚了?”胡鹏的眼睛瞪得大如牛卵。

“这么说你最近确实没有和程纹和他们混在一起?你不知道?我离婚了,我单身了。你刚才说的要是真话,想天天找我,我还真是福分。你不要怕我缠上你。只希望你有时间给我一点,陪陪我。这阵子,我心里空落落的。”

胡鹏点头答应。杨莹莹让他到浴间去洗澡,为他试好了水温,拿出一套替他买的三枪牌纯棉内衣给他换。

浴间里连毛巾也单独准备了一条新的,胡鹏喊杨莹莹一起来洗,杨莹莹不答应。洗了一半,胡鹏光着身子出来把杨莹莹硬拉了进去。

杨莹莹穿着丝绸睡衣,犹豫着是不是该脱掉时,已经被花洒细密柔软的水珠淋透。

蜜合色的丝绸睡衣紧裹着杨莹莹圆鼓鼓的胸脯,凸出她暗红的*,胡鹏忍不住捻了一下,又把嘴唇也贴上去。湿热的丝绸真是煽情又催情的东西,胡鹏的脸在她胸前一阵乱拱,杨莹莹感到穿透丝质的体贴和酥麻的感觉,这种感觉被胡鹏粗重的呼吸驱赶向全身,迅速转变为热腾腾的暖流。热量逐渐增多,起火冒烟,开始了烘烤、燃烧。

她的呼吸渐渐加快,转成轻轻的呻吟。突然,她紧紧地抱住了胡鹏。

胡鹏手里正拿着的一瓶沐浴露根本没机会放下,被她像蛇一样缠着。她用柔软的身体在他身上摩挲、碰撞,寻找坚硬的抵触。她找到了,感觉到了……

她的呻吟变成粗重的喘息,喘息又变成*焚身的闷声叫喊,她腾出手撕扯掉自己的睡衣,继而用力捏着胡鹏的胳膊,她觉得已经张开了自己,恨不得让他全身坚硬的肌肉一起进入,把自己彻底地撑开了。

胡鹏的进入却是缓慢的、从容的,谈不上温柔和体贴,像喝一杯闲茶抑或无聊时吐出的烟圈,这是不杀她*的。她的身体扭动起来,手握成拳头捶打着他,呜咽地呼唤着他的凶猛、他的暴虐。

慢慢地,胡鹏像是被激怒了,把她的身体反转过来。这一次进入,他让她感到了力量,感到了体积。他的身体是昂扬的,他的眼睛是*的,他在她的身体里扩张开来,变得剧烈、粗野。

她屡次想抬起头、转过身来看他,都被他死死按着,他是快意的、享受的。他觉得他像光着脚踝,在夏天雨后热烘烘的积水里,粘滞而又冲动。他再次按住她的肩膀时,她的身体痉挛起来,哼出粗重的一句:“男人。”

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September 14, 2011 at 4:15 AM Flag Quote & Reply

zhen33
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Posts: 20

六、点炮(7)<风机箱br>

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赵科长让石小满与赵玉梅谈,他上楼去余书记办公室。余书记一见赵科长赶紧让办公室的王秘书去打开小会议室,赵科长搁下包去了一趟洗手间。

余书记和赵科长在小会议室坐下,他问赵科长这事能不能在厂里处理。赵科长说厂里能处理犯罪还要司法部门干什么,他还反问潘厂长是不是想大事化小,小事化了。余书记解释说,这里面涉及到个把人,方方面面的问题,不好处理。赵科长说没有什么不好处理的,交给公安局处理就行了。

余书记请赵科长将案情缓一些往局里报,赵科长没有答应他的要求,说刚才从洗手间出来时赶上分管局长给他打电话,他顺便给汇报了。

赵科长走了以后,余书记立即把情况报告了潘厂长,潘厂长叹口气说:“有什么办法?我们都尽了力,现在只有‘谁害病,谁吃药’。有机会,你见到赵玉梅的老公解释一下,你说比我说要好。”余书记点点头。

市公安局陶副局长听了赵科长的汇报后马上安排经侦大队着手调查。经侦大队长陶兆国说他早知道了这件事,陶副局长问他怎么知道的,他说有群众举报,也有领导来打预防针,来说情。陶副局长觉得不可思议:“工厂里的一个小案子有这么复杂?”陶兆国不回答,只是笑。

潘振宇打电话骂了一通搞鬼的四通物资贸易有限公司陈总,说他们在纸浆厂账上的煤款一分钱也别想再提了,他已经关照财务把钱冻结了。晚上他请老同学孟川青吃饭,自打有了要进市政府班子的风声,孟川青就是他的智囊团高参,有什么事情都会向他通报,听取他的意见。

喝了几杯酒下去的孟川青安慰潘振宇:“没必要为这件事郁闷。坏事可以变好事,这是辩证法。厂里出的这件事你可以从法制教育入手,做块文章说纸浆厂普法工作中有职工认识到自己的违法行为,主动向厂保卫科交代,让组织上带其到公安部门自首,这是综合治理的成果。任何社会形态都有犯罪,一个企业还能免得了?另一方面也表明管理上台阶。企业的管理强化,让违法分子害怕,普法让他们知道何去何从,主动交代了问题。”

潘振宇说孟川青真是出口成章,妙笔生花。他主动喝了一杯酒,让孟川青还是不要急于把这事见报,有需要时即时联系。赵玉梅怎么说也是块烫手的山芋,他只有在这件事上绝对的策略。

孟川青分析,不管怎么样赵玉梅已经给她老公造成了致命的硬伤。

潘振宇说他不希望赵玉梅的事情给他老公造成什么影响,必要时他还想与市公安局吕局长打招呼,让这件事情过去。孟川青说潘振宇有气度,但不要太认真地去做这件事。

第二天赵玉梅丈夫知道真实情况后,午饭、晚饭一口也没吃,他问赵玉梅:“家里又不缺钱,你拿了这么多钱都干什么了?”赵玉梅回答:“打麻将。”

赵玉梅丈夫二话不说,将家里的两副麻将找出来扔到垃圾桶里,恨恨地说:“你这辈子再也不许沾麻将一根指头。”

周五胡鹏打电话给杨莹莹,问她有没有约人打麻将。杨莹莹劝他不要打,过一阵子等卞芸彩的事情处理完了再说。胡鹏说不打麻将待在家里看着卞芸彩更烦。

卞芸彩这阵子在家里表现很好,做家务、搞卫生,像个贤妻良母。胡鹏见她这样就挖苦她,说她不犯错误没这么勤快。

卞芸彩听这话后气得又不做家务了,看电视。胡鹏总不能天天打她,再说,卞芸彩警告过胡鹏,他要是再搞家庭暴力,她就去妇联,去胡鹏的单位告他。

死猪不怕开水烫。胡鹏知道这一点。

 

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September 14, 2011 at 4:20 AM Flag Quote & Reply

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