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2008-04-27 05:54:22
Beijing Review 2008年16期
TO THE POINT: China will come to the rescue of the U.S. liquidityshortage by allowing domestic commercial banks to invest in the U.S.stock market and mutual funds. China and New Zealand signed theirfirst free trade agreement, providing each other with more favorabletrade policies. To tap into the great potential of the fast-growing eco-nomy, Intel planned to invest more venture capital (VC)in the mainlandto a tune of around $500 million. The edible oil price will temporarilyremain stable due to the drop in international soybean oil futures pri-ces. Power enterprises' profits plummeted due to higher coal costsand the "as-low-as-usual" electricity prices.
By LIU YUNYUN
TO THE POINT: China will come to the rescue of the U.S. liquidityshortage by allowing domestic commercial banks to invest in the U.S.stock market and mutual funds. China and New Zealand signed theirfirst free trade agreement, providing each other with more favorabletrade policies. To tap into the great potential of the fast-growing eco-nomy, Intel planned to invest more venture capital (VC)in the mainlandto a tune of around $500 million. The edible oil price will temporarilyremain stable due to the drop in international soybean oil futures pri-ces. Power enterprises' profits plummeted due to higher coal costsand the "as-low-as-usual" electricity prices.
By LIU YUNYUN
