China＇s auto sates dropped stightty from June to July

The Chinese government will invest more than 100 billion yuan （$14.8 billion） to subsidize its fledgling environmentally friendly car industry over the next 10 years, the Shanghai Securities News reported onAugust 4th.     

China＇s New RMB Move： A Political Step in the Game of Negotiation？

This summer, China announced it would introduce more flexibility into its exchange rate, and at the same time make it remain ＂basically stable＂. This move has drawn great attention from both home and abroad since China＇s currency reform has always been a hot topic for economists, politicians, export businessmen, media and of course the public; these forces have combined to make it seem like a big issue that everyone should take a serious look at and know some facts about.     

China＇s Auto industry Steps Forward

Last year, the volume of China＇s auto trade reached US$66.878 bil- lion of which imports accounted r for US$25.982 billion, a year-on-year increase of 24.45 percent; while exports totaled US$40.896 billion, growing by 45.31 percent. The China Association of Automobile Manufacturers （CAAM） predicts that the number of autos sold in 2008 will break the 1 million barrier for the first time in history, representing an increase of about 20 percent.     

China＇s drivers get dual benefits auto trade-in

The age of the electric car is about to begin with the help of the Chinese government, so we can expect a massive push of electric cars from the concept stage into the production stage in the next few months.     

Tibet＇s hvdropower station won＇t affect water flows

The initial data published by General Administration of Customs of the PRC on November 13 showed that in October, China exported 1.21 million tons of coals, declining by 40% compared with that of last year on a year-onyear basis and dipping by 35% compared to 1.86 million tons in September.     

Overview of China＇s digital industry

The Beijing Olympics have boosted sales of flat-panel TV to 6.1 million units in China in the first half, up 84.9% year on year, according to a report ofa Hong Kong-based IT market research and consulting company under the China Center for Information Development （CCID） August 14.     

China＇s Geely acquires Australian auto parts supplier

China aims for 10 million units in both vehicle production and sales this year, according to an online government document concerning detailed automobile support package.     

RMB＇s Entry into ECB System of Reference Exchange Rates

From April 1, the European Central Bank (ECB) approved to add seven currencies to the system of Reference Exchange Rates Mechanism, among which five are Asian currencies. The system of Reference Exchange Rates was formulated established at the meeting of the Council of ECB Governors in July 1998. According to the meeting, ECB and each country's central bank in euro area are not allowed to set up official order of fixing euro price. However, to     

Green light for greener supply

The supply chain management function is currently undergoing a dramatic change: it is adopting an increasingly strategic role. However, this growing financial importance is matched in only a handful of exemplary companies by a greater contribution to environmental protection initiatives in the supply chain. This paper explores some of the obstacles to greater supply chain management involvement in environmental protection and offers suggestions for greener supply. At a personal level, the gap between public opinion on the environment and managerial values needs to be closed, and the support offered by management education and by professional bodies needs to be improved. Within the organisation, the reward structure for supply chain managers needs to move away from narrow economic criteria. Greener supply would also benefit from a larger supply chain management role in corporate strategy making; the function could even be offered a seat on the Board of Management. Changes to the mode of supply chain management, including improvements to the information flow on environmental issues, the decision–making tools used in the face of complex environmental challenges and novel approaches to supply chain management need to receive urgent attention.     

轻客中的强者 南京新依维柯"都灵V"

近年来，国内轻害更新换代十分缓慢，仍停留在追求严品经济性与安全性较为初级的层面，仅凭借对现有车型进行小修小补，增加配置或降低价格来吸引市场及消费者注意力。此时，南京依维柯却独辟蹊径，通过设计研发理念的革新，开辟出一条全新的发展道路。     

Chinese minlster expresses ＂deep regret＂ over trade talks failure

A nine-day World Trade Organization （WTO） ministerial meeting aimed at developing agriculture and non-agriculture modalities for a Doha round deal has collapsed.     

Motor vehicles for Eastern Europe

For 1 1/2 years press items about the Italian and French automotive industries' success in Eastern Europe are multiplying. German producers hitherto did not succeed in really gaining a footing in these markets. The problems as expressed in these events are to be worked out in three steps. To begin with it is necessary to obtain a general survey of the market, for only then the obviously keen competition in this field will become understandable. Furthermore the individual business transactions with East European countries are of importance, and finally the obstacles to be met by the German automotive industry have to be pointed out.     

Flying the flag for subsidies—Prospects for Airline Deregulation in Europe

Whereas the Airline Deregulation Act of 1978 put an end to airline subsidization in the USA, things look quite different in the European Union: after more than a decade of discussions about liberalization and the advent of the single market, most European routes are still monopolies or duopolies with state aid to airlines featuring prominently. Why has air transport liberalization made so little progress? What are the prospects for the future?     

Eco vehicles on fast track

Environmentally friendly vehicles to transport visitors in and around the Expo site are being tested, with mass production ex- pected to start in October. The 1,000 buses and cars provided by Shanghai Automotive Industry Corporation will be used to help the Expo site stay emission-free and keep the zone a low-emission area.     

The WTO Panel Report on Boeing subsidies: a critical assessment

On 31 March 2011, the World Trade Organisation’s Dispute Settlement Body circulated the final Panel Report on US subsidies for the aircraft manufacturer Boeing. The long expected decision marks a turning point in the biggest trade dispute in WTO history, but its interpretations diverge substantially: both the United States and the European Union have claimed a “sweeping” victory, and yet both parties appealed parts of the Panel Report in April 2011. In addition, the Airbus Appellate Body Report in the Airbus case, which was issued on 18 May 2011, reversed many of the Panel’s findings against the EU. Which WTO-inconsistent subsidies did the Dispute Settlement Body find and what is the outlook for the future?