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David Wei
Since October 2007, chief executive officer and executive director of Alibaba.com;
From November 2006 to September 2007, president of Alibaba.com and executive vice president of Alibaba Group;
From 2002 to 2006, president of B&Q China, a subsidiary of King
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In 1996 foreign investment (not including Hong Kong and Taiwan) represented 8.2 percent of total investment in China. In 2008, the most recent year for which figures are available, it was 4.9 percent, according to Roland Berger Strategy Consultants.
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Make the Most of a Sunny Day with a Solar Backpack Nowadays we are having a very unstable and crazy weather. They are nothing like the ones that we usually had in the past. There are many extreme weather conditions everywhere. In some places, there are intolerably hot days; and in other parts, the cold is unbearable. Those strange weather anomalies happen because of the global warming which is a process where the heat of the sun cannot be reflected back to the sky and thus be trapped inside the earth by the greenhouse gases. This greenhouse gas is the cause of the whole weather problem and this gas is caused when we burn the fossil fuel. So there are many scientists who try to find an alternative source of energy. And one of the proven sources is the sun. Just by using the sola...... |
China's Best Blogs And Sites
| China's CPI, PPI Down 1.4 And 7.2% Respectively In May |
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The Consumer Price Index (CPI) decline in May was slightly less than April's 1.5 percent, while the producer price Index (PPI) had dropped further compared with a 6.6-percent drop in April and a 4.6-percent fall in the first quarter from the same period last year.
China's CPI, the main gauge of inflation, fell 1.4 percent year on year in May, the National Bureau of Statistics (NBS) announced. It is also the fourth consecutive monthly decline since the index dropped 1.6 percent in February. However, the decline was 0.1 percentage points lower than the April level. Tang Jianwei, an economist at the Bank of Communications, attributed the declining CPI to falling food prices from the price hike early last year. Food prices, which comprise a third of the CPI, dropped 0.6 percent. Pork prices continued to fall by 32 percent on oversupply and concerns that the A/H1N1 influenza virus that was initially called swine flu. On the other hand, the producer price index (PPI), which measures inflation at the wholesale level, fell for the third straight month, dropping 7.2 percent year-on-year in May, the NBS said. As for PPI, the fast growth of prices in the first eight months of 2008 had also been a cause for the further decline, according to a statement on the NBS website. If compared with the PPI in the previous year, the decline rate comes out higher than in a month-to-month comparison. . Despite price rebounds in major industrial products during the past two months, prices are still lower than the same period last year, the NBS report said. 
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