Wandering in the Fairyland of Scandinavia

Have you ever moved by the tale of Little Mermaid?Have you ever seen the grandiose castle in Stockholm?Have you ever visited the longest gallery in world?Have you lived one day as a Viking?If never,follow this trip to the beautiful Scandinavia guided by Scandinavian Airlines System (SAS),who wants you to arrive stronger,rested and ready for all that lies at the other end of your long-distance journey.     

On the crisis of the “liberalization policy” in the economics of interdependence

In spite of all protestations and exhortations it is a fact that trade liberalization, the modern version of free trade, is caught in a crisis. Professor Detlef Lorenz is here analysing the causes of this crisis and suggesting alternatives for a future liberalization policy.     

Development of the Insurance Industry in China

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Analysis of Influences of the Information Media in Rural Areas

The channel of information in the rural marketare not well developed. Enterprises should payadequate attention to this fact when opening therural market.Peasants' Consumption Habits are SimilarA survey targeting 20 thousand of ruralfamilies in 14 provinces has been jointlyconducted by a research committee from theChina rural appliance market. The committeeconsists of experts and scholars from theresearch and development center of the StateCouncil, the China National information Center,the …     

Who Will Trigger the Bomb of Price in the Auto Market in 2003 in China?

Despite China's auto market is till immersed in the afterglow of its "great eruption of oil well," as if every model of cars, costing a high price or low price, would all sell well on the market, yet it can be predicted that the year 2003 will, no doubt, be a year of price for China's auto industry. As soon as a big equivalent "bomb of price" would blow off in the beginning of the year, the pricing in China's auto market is sure to go through a sweeping reshuffle, and an effect of the theory of domino is inevitable to follow. No wonder, the market will be shaken by a price downslide of some key model of car produced by a solid-founded enterprise, with a drastic price down of RMB50000 for each car!     

Optimistic About the Chinese Market in the Second Half of the Year

The Chinese domestic market willmaintain steady growth in thesecond half of the year, accordingto official analysis, and the retail sales ofthe social consumer goods of the year willgrow by 9.5 percent, and 9 percent overthe same period of year. In one of its rides, the EconomicDaily anticipated that the sales volume ofcapital goods in the second half of the yearwill grow by 30 percent over the sameperiod of last year, while the import andexport growth of foreign trade will bearound 20 percent…     

Settlement of the Case of the Enforcement of CIETAC Arbitral Awards Barred in Hebei and Hong Kong

Recently, Under the conduction of HebeiConciliation Center, by fully utilizing the advantages of conciliation, two cases arising outof the impediments to the enforcement ofCIETAC's awards in the Courts of Heibei Prov-ince and Hong Kong have been properly settled. The proper settlement of the two casesdefends CIETAC's honor, manifests the significant role of the Conciliation Center and protects the investment environment of Hebei province meanwhile, for which Mr. Ye Liansong,Secretary…     

Sense the Grandeur of Greek Civilization in China

In this golden autumn, thousands of visitors from borne and abroad swarmed into the Capital Museum for the ongoing classical Greek art exhibition - Treasures from the Louvre： Art from Ancient Greece, a joint effort of the Capital Museum in Beijing and Musee du Louvre in Paris.[第一段]     

Guizhou''''s Goals in the Development of West China

Guizhou is situated in the southwestof China. In 1998, the gross domesticproduct of this province reachedRMB84188 million.As its basic status of agriculture isgetting stable and strong, by 1998, percapita share of grain by rural populationreached over 350 kilograms. In themeantime, the green industry and thespecialized agriculture have developedsteadily, and the livestock husbandry hasretained a consistent increase for 20years.The industry is expanding in size,having formed some key manufact…     

Changes in the Structure of China''''s Net Users

AccordingtotheReportontheStatisticsoftheDevelopmentofChina'sInternet,byJanuary1,1999Chinahad2.1millionnetusers,andthefigurerosetofourmillionbyJuly1,1999.StatisticsonJanuary1,2000showedthatthenumberofChina'snetuserssurpassed8.9million.AcomparisonbetweentheReportofJuly1999andtheReportofJanump2000,revealsthat4.9mil1ionmorenetusersinChinaappearedinthelattef,andananalysisofthisfigurerevealsthegreatchangesinthestructureofChina'snetusers.SexThedifferenceinsexesisstil1bigwithmalenetusersinadomi…     

Sense the Grandeur of Greek Civifization in China

In this golden autumn,thousands of visitors from home and abroad swarmed into the Capital Museum for the ongoing classical Greek art exhibi- tion-Treasures from the Louvre:Art from Ancient Greece,a joint effort of the Capital Museum in Beijing and Mu- sée du Louvre in Paris. As we learned from Ms.Huang Xueyin,Assistant Director of the Capi-     

How Large Is the Risk of Stagflation in the Eurozone?

The rapid recovery of demand combined with supply constraints has led to rising prices during the past months. This is evident in oil and gas markets, but also in international trade, which has been thrown out of step by bottlenecks at Asian ports. This situation creates a trade-off for the European Central Bank, because a more expansionary monetary policy cannot mitigate the supply bottlenecks and supply-side restrictions, while a more restrictive monetary policy would slow down the economic recovery. For this reason, key interest rate hikes in the eurozone are not to be expected for 2022. If the supply-side factors become persistent and wage policy tries to pass the price effects on, monetary policy will be forced to become restrictive.

     

Increase of Interest Rate in the Whole Year

According to the popular predication of ten financial organizations at home and abroad, China's government will take measures to increase the interest rate this year with unequal point ranging from 27% to 50%. Besides, two of these organizations believe that there is possibility of a second increase in interest rate. This investigation is made by analysts from ten organizations from famous financial organizations such as HSCB, Standard Chartered, JP Morgan, Gaosheng, Guotai Jun'an, Shenyin Wanguo     

The Arbitration Road——in commemoration of the 50th anniversary of the founding of CCPIT

50 years ago, China Council for the Promotion of International Trade (CCPIT) already embarked on the road to modernized and internationalized arbitration.     

Overall Economy Runs in Gear in the First Half of 2005

In the first half of this year, regions and departments at all levels made all efforts in implementing the scientific approach to development and various policies set by the Central Party Committee and State Council on economic work, with the aim to consolidate and promote the achievements brought by macro-control. As a result, fairly good overall economic performance was recorded in the first half of this year, according to Zheng Jingping,Spokesman with National Bureau of Statistics of China on 20 July 2005.     

Key Events of KLM in 2003 About the Kingdom of Netherlands

■1.China Southern and KLM announced joint cargo services:to start October 15,2003■2.KLM adds codeshare destinations with China Southern Airlines■3.KLM makes its 84th year with a new Deletware House     

“Gultural Fower”in the Decisive Battle of the Beauty Market

During its six-year development in China, Balincan created market miracles one after another! They are well known both in market management and unique branding characteristics. Therefore, the "Balincan Phenomenon "emerged on the market, and even has caught the eyes of analysts, who made Balincan a research subject. But what is behind the stunning phenomenon? To explore the secret, China's Foreign Trade interviewed Balincan. By Editor     

Is the Truth in Lending Being Told with the Annual Percentage Rate as the Measure of the Cost of Credit?

This paper demonstrates that the Annual Percentage Rate (APR) measure required under the Federal Reserve System's Regulation Z is not consistent with the mathematical procedures involved in calculating the interest charges on a loan. The APR is never a correct cardinal measure of the true cost of credit, and it is a correct ordinal measure only under specific restrictive conditions. Since the APR always understates the true cost of credit, and since a correct cardinal measure is already familiar to the finance profession, it is difficult to justify the required disclosure of the APR. The Annual Effective Rate should be required as the summary measure of the true cost of credit for all types of consumer loans.     

Wuxi: Good Economic Performance in the First Half of the Year

The open-end economic situation inWuxi, Jiangsu province, is becominggratifying. In the first half of the year,total contract foreign investment was0.825 billion, and foreign investmentactually used was $0.493 billion, up75% and 4. 1 % over the correspondingperiod of last year respectively. Theself-operated import and export volumewas $2.843 billion, 41.7% more thanin the first half of last year. Of it, theexport volume was $1 .618 billion, theimport volume was $1.224 billion, up37.5% and 47.…     

Green A,the leading company in spirulina industry in China——One of the top three producers in the world

Legendary"aromatic surface water"There was a beautiful legend passing on among the residents around Chenghai Lake in Lijiang.It was said that there was a stone on the island in the middle of the lake,on which the Sea God of Chenghai seated while preaching.When comes to the end of spring