Singapore official: Singapore and China have a huge potential for cooperation in Shandong Province
Singapore Ministry of Trade and Industry Minister Li Yixian said on the 20th, between Singapore and Shandong Province of China the economic and trade cooperation havs a long way to go, and there are many potential business opportunities which need to explore.

FDA on a grand scale so the West China joint for supervision of the China market?
Although it is early winter season, but at the Beijing Guanghua Road, the former site of the U.S. embassy are still crowded at this time. On this day, the U.S. Food and Drug Administration (FDA), its Beijing office opened a formal ribbon-cutting ceremony, and followed by two days, FDA offices in Guangzhou and Shanghai will be opened one after another.

Argentina Newspaper: “2008″ is called “in China”
Argentina’s “the nation” on November 16 published an article that there are several reasons which can be proved “in China.” First of all, “8″ is China’s lucky number, and in 2008 will be the awakening of Chinese history and achievements of the year and remain in the memory of people, and these historical achievements, including the first Chinese astronaut to walk in space and China successfully held Beijing Summer Olympic Games. Rat is a year full of opportunities.

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   Hu Jintao left Beijing to attended the financial summit and APEC meeting, then visit 4 countries 14th, Chinese President Hu Jintao left Beijing by special...
2. Chinese Import, Export and Foreign Investment Situation
   Import Volume of Textile Machinery in First Half of 2008 in China increased 4.7% According to customs statistics, in the first half of this year,...
3. China International Session of Friendship Cities
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President Hu Jintao talks with Peruvian President Garcia
President Hu Jintao on the 19th in Lima with Peruvian President Garcia held a meeting-talk. The two sides on the development of pragmatic cooperation in various fields reached an important consensus and jointly announced a free trade agreement negotiations with the successful completion then the two countries formally established a strategic partnership.

People’s Republic of China and the Republic of Peru joint press (full text)
Invited by the President of the Republic of Peru, Alan Garcia Perez, President of the People’s Republic of China Hu Jintao in 2008 Nov. 19-21 would go on a state visit to the Republic of Peru.

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2. Asia-Pacific Economic Cooperation summit held in Peru
   APEC series of meetings are expected to bring more than tens of billions of dollars of investment for Peru According to Peruvian media reported on...
3. Hu Jintao Speech on Asia-Europe Meeting on Oct.24
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The credit risk of Warren Buffett’s company sharply rose and was close to junk bonds
Fearing Buffett miscalculation in gambling of the index, the last two months which he is in charge of, Berkshire Hathaway’s credit default swaps (CDS) points nearly doubled. Berkshire currently has the top AAA bond rating, but the CDS market has shown that Berkshire’s default risk is almost the same as Baa3 enterprise-class in Moody’s rating.

Rumor: China will buy 4000 tons of gold foreign exchange reserves, but the central bank said it was not ture
According to Hongkong’s media report, in order to prevent the U.S. government 700 billion U.S. dollars of rescue package leding to the depreciation of the dollar and exchange rate fluctuations, China may buy more foreign exchange reserves of gold.

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   Russia foreign debt of 560,000,000,000 U.S. dollars keep with foreign exchange reserves of gold China news agency, Moscow, October 17 (Reporter Tian Bing): the Russian...
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Chen Shuibian wrote his memoirs with 20000 words and was accused for acquittal of collateral
Chen Shuibian was kept in custody from the hospital and on a hunger strike entered its eighth day in a row. In Panqhiao of Taipei County, vice president of the hospital today, Yang Bin (19) at a media interview showed that Chen Shuibian had got medical care for three days and two nights, improved health status and was able to get out of bed himself.

Chen Shuibian returned to the custody and last words appeared
Chen Shuibian came into better physical condition, after the Taipei County Hospital in Panqhiao District Court to assess, and heavy police guard with an ambulance put up Chen to the remand detention center in Taipei.

Chen Shuibian’s friends showed his “autograph last words”
Chinese AP: Yesterday, the Taiwan special investigation team continued to handle cases. As the identity of witnesses to be summoned, family friend Zhang Weijin, showed a public display of autograph last words which Chen Shuibian personally gave to her.

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Iceland got the approval of IMF loans of 2.1 billion U.S. dollars
International Monetary Fund (IMF) said on the 19th local time, IMF Executive Board has approved the provision of Iceland 2.1 billion U.S. dollars loans to help tide over the financial crisis in Iceland. For a period of 2 years, IMF will do its quarterly review.

The Ministry of Finance of Germany announced that Netherlands, Germany and Britain as the three countries welcome the IMF’s assistance program for Iceland
The Ministry of Finance of Germany announced that Netherlands, Germany and Britain as the three countries welcome the IMF’s assistance program for Iceland, and with Iceland will be an ongoing dialogue to ensure the pre-financing agreement. At the same time, the three countries also welcome the commitment for Iceland to meet the responsibilities related to depositors and creditors to ensure the fair and equal treatment without discrimination.

Chairman of IMF Kahn: although the thaw of credit market, financial crisis is far from over
International Monetary Fund (IMF) Chairman Kahn (DominiqueStrauss-Kahn) Wednesday warned that although the recent thaw in the key credit market, the outbreak of the global financial crisis is far from over.

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UN officials: Obama will have a positive impact on the climate change negotiating because of his declare
Deboaier are participating in the African environment ministers meeting in Algiers. He told reporters that the U.S. greenhouse gas emissions in 2020 down to 1990-level is “feasible.”

Multinational scholars predicted that the Earth will usher in a catastrophic climate change
Made up by U.S., British and France, the scientific working group recently released a research report that the carbon dioxide emissions of atmosphere have reached a critical level to achieve “irreversible” level, even though the sharp reduction in emissions now could not avoid the disastrous consequences of climate.

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   First Closedown Large-scale Factory in China The world largest toy ODM---two factories under the flag of SMART UNION GROUP (HOLDINGS) LIMITED had been closed down....

Jilin: Liberalize Restrictions on Household Registration in City
Jilin province has increased the reform of the household registration system, with the exception of Changchun, Jilin, all the cities in Jilin province will abolish the limit settlement of farmers.

“Five Major Industries” to build a new Pattern of the rural economy
As a traditional agricultural province, Jilin province plans to use thinking of indstrialization into agriculture, use idea of urbanization into rural areas, and strives to build their own food province stronger.

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   U.S. government assists AIG After the American International Group (AIG) announced a huge quarterly loss, the Federal Reserve and the U.S. Government has assisted AIG...
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Russian Energy Minister: Sino-Russian “oil for loans” talk to resume next week
The minister of  Russian energy ministry, Zitko announced on 18th that, the negotiation about that China provided 15 billion dollars and 100 million loans to Russian oil pipeline transport companies, will be resumed next week.

Free Trade Talks between China and Peru come to a happy end
It is pointed out by the joint press released on 19th of China and Peru that, the two sides expressed satisfaction at the successful conclusion of the free trade agreement talks, and would like to make joint efforts to sign of the agreement early.

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News Background: Fuel Tax keep haunted for 11 years
In 1997, the National People’s Congress passed the “Law on Road”, for the first time to replace road maintenance fees with the “fuel surcharge”, to be executed from Jan.1 1998.

Naional Development and Reform Commission confirmed the Reform of the Fuel Tax
According to the information from the National Development and Reform Commission Web Site, national studies are stepping up to improve the domestic refined oil pricing mechanism, and the implementation of fuel tax and fee reform.

to improve the pricing mechanism for refined oil products
National Development and Reform Commission, Ministry of finance, the Ministry of communications and other departments recently held a forum on improving the domestic refined oil pricing mechanism.

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Eu come to Agreement on the Reform of Agricultural Subsidies
EU agriculture ministers started the negotiation about the reform of EU farm subsidies in Brussels on 19th, and come close to an agreement.

EU Tobacco Industry to demonstrate against reducing Tobacco Subsidies
Demonstrators mainly come from Italy, France, Poland, Spain, Hungary, Bulgaria, Portugal, Greece, Belgium and other countires. They requested that the existing plans extend subsidies till 2013, only in this way the tobacco industry could continue to maintain the tobacco industry to survive.

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