China Financial News Headlines

Rapid Growth of Unemployment in Britain
British officials announced the number of unemployed on 15th, which is the maximum of 1.79 million in the past 10 years. It became the new “bad omen” showing that Britain’s economy had taken a change for the worse.

China investigates the Japan Green Peas Accident with Great Effort
Reported from the Laiyang city government in Shandong province on 16th that, the local government has set up a special group for investigation and help the relevant departments do the investigation.

Barclays Capital plans to reduce the International Oil Prices to 75 Dollars Next Year
Barclays international capital recently released the latest report that, they have brought down the average crude oil price in 2009, from 90 to 75 dollars every barrel.

other news:

HP is said to bully ASUS
According to China Taiwan media reports, in order to curb ASUS notebook business, recently HP threatened its notebook oem manufacturers not to do work for ASUS.

The first Case in Chinese Business Entities falling in the US Financial Storm
One of the largest toy oem manufacturers in the world —— two factories of HeJun Group have closed down, 6500 employees facing unemployment! This is the largest bankruptcy case which resulted of the financial crisis in China.

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