It didn’t take long for the 65 percent hike in iron ore prices by Cia Vale do Rio Doce (CVRD) to work its way into the Chinese economy. Last week, Baosteel, China’s largest steel producer and the company that negotiated the new iron ore supply agreement with the Brazilian producer on behalf of China’s steelmakers, raised prices by up to 20 percent, significantly increasing manufacturing costs for companies making everything from appliances to cars in the process. The sell recommendations went out immediately, as stock market analysts concluded that China’s manufacturers would not be able to pass along the higher cost of steel to consumers in China’s price competitive industries. (more…)

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China began its economic reform program, every market in the country was by definition purely local. Little, if any, foreign goods were imported into the country, and there were no foreign invested companies in China to produce the higher priced, higher technology products commonly found in developed economies. The trucks, industrial equipment, household fixtures and other products used in the Chinese economy were produced by local, Chinese companies that did not have access to more advanced technologies and had to keep prices low because income levels for the vast majority of China’s population were very low. Because both the consumers and the suppliers in this market were local, China had one market, an entirely local market, at the onset of its economic reform program. (more…)

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Creative Commons Photo Awards ever held worldwide at the National Library in Beijing. I was invited, and there was a wide range of overseas guests, including Joichi Ito, president of Creative Commons and Dr. Catharina Maracke, director. The whole event was put together by Prof. Wang Chunyan, who is the project lead for the Creative Commons Mainland China. She also serves as assistant professor of law at Renmin University of China.

There were some 4,000 photographers who submitted their photos for judging. The judging panel was made up of independent photographers and photo editors at Xinhua News Agency. There were some excellent speeches in Chinese about the development of Chinese photography. Joichi Ito spoke about Creative Commons licenses and about how to select them, while Dr. Maracke made an introduction to the CC licensing model, and how it has been implemented in some 80 countries, giving content creators some level of control over the degree of licensing they wanted to give. (more…)

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Yesterday, the new national aquatics center was unveiled in Beijing. This will become the venue for the leading water events of the Beijing Olympics. After the Olympics are over, it will be converted to a shopping mall for Beijing’s masses.

Beijing is now the site for some of the most exciting architecture in the world. For many Chinese though, there is an underlying uneasiness. Is all this dramatic futuristic architecture the beginning of a new and exciting future of wealth and prosperity which Chinese have never experienced in their long history? (more…)

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Stock market might seem to be a bit erratic, but the possibility of earning profits with little effort makes it attractive to many. And to be the achiever everybody try their best to understand the market trends. People coming to the trade first have the attitude that they try their luck. Most people do business in the market do not have any know how about the trade, as a result they find some options to seek help from someone knowledgeable- Broker houses, financial organizations provide services to them.

For people who need help have a very convenient and easy way to make their decision other than depending on their luck or forecasting ability. People who do not have any know how and trying to get the picture and the behavior of stock market can use stock trading software to make decision on their favor. There are different kinds of stock trading software that that will help you to make a decision which has the better possibility to earn greater profit. This software is even available on web for free. Visual representations of the software can help you to by displaying charts on the ups and downs of the market. Specific bars representing the values of the increase and decrease of the market will take you a DecisionBar . This kind would help investors to research on the stocks to help them analyze and manage their bids.

These automated software which do not require users to know anything on the software technology. Stock trading software makes stocks business to be a very simpler task. Clicking on the bars takes user to a Decision Bar , Of course, someone have to apply his ability to judge in favor of the profit and should know that this software have artificial intelligence to make our work easier and simpler.

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Most eyes these days are centered, and rightfully so, on the steady deterioration of economic conditions in the US and thus by derivative the USD. The last event to keep our gaze fixed was the trouncing of the Bear Sterns stock, a US securities firm, on the back of the news that the Fed had supplied emergency funding for the company. Furthermore, we learned today that the Fed has exited the weekend by lowering the discount rate (from 3.25 to 3.00) as well as provided JP-Morgan with funds to aim them in Sterns. The situation in the US is of course turning into a real cliffhanger at the moment with the Fed working at all cylinders trying to allow the economy to emerge from one of the worst economic and financial crises in the US since, dare I say it, the 1930s. One thing is for sure, the US economy is down … it most definitely is. But by peering across the commentary landscape you could easily get the idea that as the USD continues its decline the US economy is going to sink into the ground, move to Mars or whatever and the world can point to it as an example of what not to do and move happily forward. This is obviously not going to happen and my guess is that we are not going to get very far with this the US v. Europe et al. football match discourse but at this point in time, this is what we have. (more…)

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