Stimulate Away Our Imbalances? Dream On

Stimulate Away Our Imbalances? Dream On

May 12, 2009

Economist

Andy Xie: Stimulate Away Our Imbalances? Dream On Five years or more down the road, we'll look back and wonder why anyone believed that the financial crisis would be brief. http://english.caijing.com.cn/2009-05-11/110163638.html

Finance & Economy

China PPI Falls 6.6% in April The PPI declined 5.1 percent in the first four months, due to decreased raw material prices. http://english.caijing.com.cn/2009-05-11/110163699.html

China CPI Falls 1.5% in April Prices are continuing to fall despite the massive influx of new liquidity into the financial system during the first quarter. http://english.caijing.com.cn/2009-05-11/110164008.html

Banking Association Unveils First Social Responsibility Report

Finance Ministry Issues Bonds for Three Provinces

China Allows Mainland Securities Firms to Open HK Branches

More Banks Eye Financial Leasing

Citic Bank to Buy Stake in Affiliate

Ministry Regulates Tax Issues in Company Reshuffle

Politics & Law

China Confirmed First H1N1 Flu Case in Sichuan The patient had just returned to the Sichuan provincial capital, Chengdu, on a Northwest Airlines flight from St. Louis, Missouri, via Tokyo. http://english.caijing.com.cn/2009-05-11/110164029.html

Investment Banks Raise Outlook on China Economy

Swine Flu Death Toll Increased to 48

Beijing Official Sentenced to Life in Prison

Beijing May Raise Water Tariffs

Industry

Shipbuilders Bracing for More Order Cancellations Chinese investment bank CICC forecast the shipping market would remain in the doldrums for the next two years. http://english.caijing.com.cn/2009-05-11/110163827.html

China Explains Details of New Oil Price Mechanism

Inbev to Sell Remaining Stake in Tsingtao Brewery

April Car Sales Hit Record High

2009 Auto Exports Expected to Decline

Shell China to Move Transactional Activities Aboard

China to Build First 10,000 MW Wind Power Base

Qatar Petroleum to Set up Ethylene JV in Hainan

HK Court Explains Reasons for Rejecting PCCW Buyout

China Issues Non-Ferrous Metals Industry Stimulus Plan

Australian Miner Fortescue Considering Shanghai Listing

Link: KOBE BRYANT HONORED IN LOS ANGELES BY ASIA SOCIETY

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