China Financial News Headlines

October 15, 2008

Self-heating Subsidy

Filed under: financial news — Tags: , , , , , — kinpoo @ 7:38 am -0500

Beijing issuing Self-heating Subsidy — 0.15 yuan per cubic meter
This morning, Beijing Municipal Administration Commission said that users meeting the requirements will get the subsidy from the gas company.

Small and Medium-sized developers being sad in the Property Market Game, Enclosure Situation finished
Some months ago, the new opened property market in Beijng still raised a queuing through the night spectacular scene, the developers and banks were still living in the days that “everyone is good”, and the government has also got the headache about the overheated real estate market.

China Unicom complete the new listing to be the largest M&A Project in the History
“China United Network Telecommunications Corporation” was set up in Beijing today, which is combined by China Netcom and China Red-chip companies. It is marking the reform and restructuring of China Telecom in the capital markets work has gone to the end.

Foreign News:

Five Questions on American Crisis
Who created the ? Is saving the market the “turning point”? 

To deal with the Global Financial Crisis
EP: U.S. make 250 billion dollars into 9 banks, those are Citigroup, JP Morgan, and other national banks and a small number of regional banks. But Bush denied that nationalization.

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