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经过一番令人精疲力竭的竞争——Obama可能真的要入主白宫了。 IT HAS been a roller-coaster ride, but it is almost over. The primaries started ten months go, the candidates declared themselves roughly a year before that and $2.2 billion has been spent on the whole business. Tuesday November 4th is the day that all that time, effort and money have been directed towards....
经过一番令人精疲力竭的竞争——Obama可能真的要入主白宫了。 IT HAS been a roller-coaster ride, but it is almost over. The primaries started ten months go, the candidates declared themselves roughly a year before that and $2.2 billion has been spent on the whole business. Tuesday November 4th is the day that all that time, effort and money have been directed towards. 美国大选就像一次过山车旅行——１０个月前开始初始，而每位候选人更是在１年前宣布参选。在这场竞争中已经花费了22亿美元。二○○八年十一月四日也就是周四也就是一见分晓的时候了。 The polls could hardly be clearer. Barack Obama leads in almost all of the 15 or so “swing states” that will determine the election. John McCain faces not so much of an uphill battle as a vertical ascent wearing two lead boots, one marked “Bush” and the other marked “Palin”. He has failed to make any discernible headway in a target list of five states that went for John Kerry in 2004 and which he thought he might be able to pick off. And because Mr Kerry so very nearly threw out George Bush in 2004, Mr Obama has had a solid base on which to build. It means that all he needs to do is win either one big state that Mr Kerry lost, such as Ohio or Florida, or win a couple of medium-sized ones. 其实 民测已经清楚的表明，Obama已经几乎在15个州领先。McCain却面对大选却有两个不利的因素：一是布什 二是 佩林（他的副总统竞选伙伴）。
Now the economy is gloomy in American ,Maybe many people don't believe it include Bush,but it is reality.what is the influence in China.what is the influence in china's stock, economic,housing,finance. By 侯忠 IF THERE were any...
Now the economy is gloomy in American ,Maybe many people don't believe it include Bush,but it is reality.what is the influence in China.what is the influence in china's stock, economic,housing,finance. By 侯忠 IF THERE were any lingering doubts that America’s economy is shrinking, the news on Friday April 4th has probably [1] [2]put an end to them. According to figures released that day, the economy lost 80,000 jobs in March, the third straight month that employers have trimmed payrolls. That has not happened since early 2003, when the economy was emerging from a recession. The unemployment rate also jumped to 5.1% in March from 4.8% in the previous month. The economy’s stewards have naturally shown a reluctance to admit just how weak it has become. But that is starting to change. Ben Bernanke, chairman of the Federal Reserve, admitted for the first time earlier in the week that the economy may contract in the first half of the year. Janet Yellen, the influential president of the San Francisco Fed, said much the same on Thursday. The jobs report was grim. Revisions to the number for January and February cut payrolls by another 67,000. In March, most big industries shed jobs; education and health care, two industries that are largely recession-proof, were the only big ones to add jobs. The deepening housing slump continued to batter construction companies. Another 51,000 building workers were chopped, bringing the total for the past 12 months to more than 350,000. Manufacturers fared almost as badly, and have now lost jobs for 21 months on the trot. The fear now is that consumers will go into their shells. Car sales in March plunged to the lowest level in nearly ten years (excluding the month after Hurricane Katrina struck in 2005). Those with jobs are seeing smaller pay rises. One ray of hope is that recessions in America have changed over the years. Thanks to a more flexible economy, smarter central bankers and lower inflation, recessions tend to be shorter and shallower. But companies are also more cautious. They are usually reluctant to cut staff, but when the process starts, they can slash jobs quickly and are not eager to resume hiring in a hurry. That has led to a series of “jobless” recoveries after recessions in the early 1990s and at the start of this decade. Even if this recession is as shallow as the last one, the employment downturn probably has some way to run. The housing crisis remains at the centre of the economic slump. New-home sales are down by 30% from a year earlier and prices for all home sales in January dropped by nearly 11%, according to the S&P/Case-Shiller index. The stock of unsold houses remains sky-high, which means the pressure on prices and sales will not end at anytime soon. The turmoil in the financial markets is making matters worse. Although nerves have settled a bit after a few hair-raising weeks, the red ink on Wall Street will keep flowing. Banks have written down at least $150 billion in assets over the past six months, and may have a similar amount of writedowns to come. All of this has contributed to a tightening of credit everywhere. Tim Geithner, the president of the New York Fed, says the capital markets are still “substantially impaired”. All of this points to more interest-rate cuts by the Fed, with a quarter-point rate cut at the next meeting at the end of April widely expected. The Fed’s benchmark rate is down to 2.25%, so there isn’t much room for another round of half- and three-quarter point cuts.
[1] http://image-001.yo2cdn.com/wp-content/uploads/36/3650/2008/04/economy.jpg
[2] http://ad.doubleclick.net/jump/daily.economist.com/dailyart;pos=v5_art350x300;sect=news;sz=350x300;tile=1;ord=50545627?
NINE DRAGONS PAPER lies at the heart of China's booming industrial relations with [1] the rest of the world: it packages exports. The strength of the business was abundantly clear on March 17th, when it announced record first-half earnings. Immediately afterwards, however, its share price tumbled by 40%. That reflects a pattern during the latest earnings season, says Alvin Chong of Sun Hung...
NINE DRAGONS PAPER lies at the heart of China's booming industrial relations with [1] the rest of the world: it packages exports. The strength of the business was abundantly clear on March 17th, when it announced record first-half earnings. Immediately afterwards, however, its share price tumbled by 40%. That reflects a pattern during the latest earnings season, says Alvin Chong of Sun Hung Kai Financial, a Hong Kong brokerage firm. Good results: awful stockmarket performance. Amid nervousness in global markets about risky investments, over-leverage and slowing growth, even China's once impregnable stockmarkets seem to be hitting reality with a bump. There is as yet none of the panic that has afflicted Wall Street. But China's stockmarkets are off by about 30% this year (see chart)—by comparison, the S&P 500 is down by 13%. China appears to be suffering from a home-grown liquidity squeeze that is not so different from the one afflicting the West. As inflation pushes higher, the Chinese government has curbed lending by the banks. On March 18th the reserve ratio for Chinese banks was raised to 15.5%, the latest in a string of tightening measures. Tighter credit is likely to crimp expansion plans and hence revenue growth. Higher inflation is also creeping into costs. At Nine Dragons, net margins fell to 15.8% from 20.4%; for years they had increased on the strength of higher sales and more efficiency. The drop, say analysts, was enough to spook an already nervous market. A year ago, Nine Dragons' shares traded at up to 40 times earnings. Now, they trade at 13 times, similar to paper firms elsewhere in the world. The froth is coming off in other parts of the market too—even China Mengniu Dairy, a company that transformed the dietary habits of a vast nation by making milk a staple, is no longer trading like an internet stock; its shares have fallen by almost a half this year. Much of the pain has been felt by Chinese property developers. R&F Properties and Agile Property, to name just two, saw their share price double or triple between 2006 and mid-2007. They have since lost two-thirds of their value. There is growing concern that smaller developers may have problems raising money to complete building works, which could trigger fire sales. Not all the troubles are locally produced, however. Adding to the gloom is the waning enthusiasm of foreign investors. As of March 17th the New York-listed Morgan Stanley China A Share fund was trading at a 30% discount to net asset value—more than almost all closed-end exchange-traded funds listed in America. In Hong Kong investment banks say they have huge pipelines of potential initial public offerings, but investors have lost their appetite. On March 17th Want Want China Holdings, a cracker company, managed to raise $1 billion, but only after the valuation on its shares had been cut by more than a third. By last year's standards, that would have been a flop. This year it was enough for people to think that Want Want had lived up to its name.
[1] http://image-001.yo2cdn.com/wp-content/uploads/36/3650/2008/03/cfn044.gif
“春天里那个百花鲜~~我和妹妹她把手牵，又到那山顶我走一遍呀”。 这是歌曲里的话，是的春天来了，但是我们不能忘记刚刚过去的雪灾。在雪灾中我们听到最多的是“千方百计保持煤电运输”等等。电视里全是拉煤的火车了。也不知道朋友们有没有感受到，这背后隐藏东西。...
“春天里那个百花鲜~~我和妹妹她把手牵，又到那山顶我走一遍呀”。 这是歌曲里的话，是的春天来了，但是我们不能忘记刚刚过去的雪灾。在雪灾中我们听到最多的是“千方百计保持煤电运输”等等。电视里全是拉煤的火车了。也不知道朋友们有没有感受到，这背后隐藏东西。 首先，我们的能源来源是“煤”和“油”，煤我们自产（陆路运输），一场雪灾，南方就有点瘫的迹像。而我们国家更加依赖于石油进口。试想我们的衣食住行，哪一方面离开它？而这黑漆漆的东西我们主要依赖外国进口。 油主要来自两个方面陆路运输（从俄罗斯）量少，大部分从下面的路线从中东运输。 [1] 从太平洋也可以过来（韦内瑞拉说也给中国便宜油），但太远了。这里最主要通过路口就是马六甲了。但这个地方不太平，美日印明争暗斗 马六甲安全谁来掌控 [2] 。 那陆路呢？也没有门呀。下面图里很清楚。这里需要说明的是中国援建了个港口，但运营权归某个国家了。 [3] 难以想象，如果中国某岛开战，某个国家把马六甲一堵（大家可以查查这个地方有没有航母），中国可能三个月就乱了。路上的铁疙瘩一堆堆，一切的一切都没有了（因为中国太依赖于石油）。这也是中国一定要上马 三峡 的原因之一。 从这里我们还可以知道许多东西，如和某个岛开战，如和某个国家争斗，也可以看出我们和国家可能要与哪个国家搞好关系，等等。其实一切都在这里显示着呢。好的不说了。 许多问题大家自己想了。 [4]
[1] http://image-001.yo2cdn.com/wp-content/uploads/36/3650/2008/03/china-oil-flow.gif
[2] http://mil.news.sina.com.cn/2005-08-24/1557315448.html
[3] http://image-001.yo2cdn.com/wp-content/uploads/36/3650/2008/03/gangkou.png
[4] http://image-001.yo2cdn.com/wp-content/uploads/36/3650/2008/03/maliujia.png
[1] HONG KONG -- "Lust, Caution" star Tang Wei has been banned in the Chinese media because of the sexual nature of her performance in the Ang Lee film, local press reports said Friday.An internal memo from China's State Administration of Radio Film and Television was allegedly sent to all television stations and print media in China on Thursday night, stating that a new television commercial...
[1] HONG KONG -- "Lust, Caution" star Tang Wei has been banned in the Chinese media because of the sexual nature of her performance in the Ang Lee film, local press reports said Friday.An internal memo from China's State Administration of Radio Film and Television was allegedly sent to all television stations and print media in China on Thursday night, stating that a new television commercial starring Tang for skin care brand Pond's was to cease broadcast immediately. All print ads and feature content using the actress also were to be pulled. The memo gave no reason for the ban.Tang's deal with Pond's is worth a reported 6 million yuan ($843,000).Neither Tang's manager nor SARFT could be reached for comment, but her "Lust, Caution" director weighed in on the decision Friday. "I am very disappointed that Tang Wei is being hurt by this decision," Lee said in a statement. "She gave one of the greatest performances ever in a movie that was properly produced and distributed. We will do everything we can to support her in this difficult time."In a statement titled "Reassertion of Censorship Guidelines" and dated March 7, SARFT said that, on Monday, it informed all major film and broadcast entities and governing bodies that it was renewing prohibitions on "lewd and pornographic content" and content that "show promiscuous acts, rape, prostitution, sexual intercourse, sexual perversity, masturbation and male/female sexual organs and other private parts." However, the public notice, posted on SARFT's Web site, did not specifically mention "Lust" or Tang.In addition, all awards shows in China were advised to exclude Tang and the producers of "Lust, Caution" from their list of guests, while discussions about the film and Tang on online forums were deleted, Hong Kong newspaper Oriental Daily reported.A spokesperson for the Asian Film Awards, where Tang was announced Friday as a presenter, said in an interview that the event had no knowledge of any ban and had not been contacted by Tang's management. The awards are set for March 17 in Hong Kong. It was not clear whether the ban would extend to awards shows in Hong Kong.The announcement comes during the annual meeting of China's highest legislative body, the National People's Congress, in Beijing. The yearly event is an occasion for a shuffling of government positions and the introduction or renewal of regulations and policies. The NPC concludes March 18."Lust," Lee's artsy thriller, reportedly upset China's central government, where top officials were said to have criticized the film's content as "glorification of traitors and insulting to patriots." SARFT reportedly was singled out in the censure for permitting the film to be released in China last year, even after seven minutes of graphic sex scenes were cut from the film's theatrical release."Lust" is 28-year-old Tang's first major film, and both audiences and critics lauded her for holding her own, particularly given the intense nature of the sexual scenes with co-star Tony Leung Chiu-wai.The ban of a film, along with its cast and crew, months after release is not uncommon in China. In early January, SARFT banned the producers of the film "Lost in Beijing" for two years and ordered the film's theatrical and home video release to be recalled. The "Lost" cinematic release had been delayed because of sexual content, which was ultimately cut from both the theatrical and home video editions."Lust" was controversial in China for both its political and sexually provocative content. Some Chinese tourists traveled to Hong Kong during the Oct. 1 national holiday to watch the full version of the film, which boosted its Hong Kong boxoffice. The film earned HK$48.8 million ($6.2 million), making it the highest-grossing Chinese-language film in Hong Kong in 2007.
[1] http://image-001.yo2cdn.com/wp-content/uploads/36/3650/2008/03/19149.jpg
