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27 Mar 09 UK retail sales stall in February




UK retail sales stall in February


Shoppers on London's Oxford Street at the weekend

Snowy weather and the economic chill kept shoppers away


Retail sales growth almost stalled in February as consumers cut back on spending, official figures show.

Sales growth slowed to 0.4% last month when compared with February 2008, a sharp slowdown in the rate of growth after a 3.6% rise in January.

This was the smallest annual increase since September 1995, according to the Office for National Statistics (ONS).

The figures suggest that retailers are still attracting shoppers, but through discounting that has hit profits.

Analysts had expected retail sales growth of 2.5% last month.

The wholesalers in UK are mainly import from China. So automaticly the Chinese wholesale industrail has got a heavy hit.It says that is the slow season of the year. Really hope this nightmare can gone forever.

 


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27 Mar 09 The Yiwu Commodity Market




The Yiwu Commodity Market

Yiwu
Yiwu city is the biggest commodity market in the world, famous for its low price and high quality.   
How can you find a reliable agent that can source goods from the Yiwu wholesale market.

One that can consolidate a variety of goods Yiwufrom the different sellers at the Yiwu Market also check for quality and prepare all documents for shipment to the US and Canada.


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26 Mar 09 The Financial Crisis Deepened




   The Financial Crisis Deepened

It seems that there will be an E-crisis every 10 years. 1998 the Asia financial crisis and now the even big the global financial crisis.
The common people will not affected a lot by this in 2008 as many told me it seems that China seems not affect by it. But what I know just around me. Many farmer works went home early before the spring festival and most stay at home till now.
65% small-mid factories closed in the coast area
The GDP growth rate is down from 9% to 7%
The foreign trade is extremely affected by it. Let ‘s take the china wholesale for example.
The main products of china wholesaler are wholesale headphone from china wholesale mobile phone wholesale as seen on TV .
But now since the E- crisis the china wholesale industrial is down to the lowest point.


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24 Mar 09 Top AIG bosses ‘to repay bonuses’




Top AIG bosses ‘to repay bonuses’

Nine of the 10 executives who received top bonuses from US insurance giant AIG have agreed to return them, New York’s attorney general says. china wholesale
Andrew Cuomo said he hoped to recoup $80m (£55m) of bonus payments - which amounts to about half of the $165 million paid by AIG on 15 March.
Since the economic crisis began last year, not only a country not affect by this. China was always been an export country. It was affected a lot. The China wholesale industry and the headphone wholesaler mobile phone supplier from China are all affect by the E-crisis.


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19 Mar 09 World Bank lowers China forecast




World Bank lowers China forecast


Worker has lunch, Liaoning Province, China, March 2009

Slowing growth will hurt job creation for China’s huge poor population


The World Bank has cut its prediction for China’s economic growth in 2009 from 7.5% to 6.5%, saying it could not "escape the impact of global weakness".

Falling demand for Chinese goods abroad is seen as the main reason for the cut.

But the bank added that China’s economy was still holding up well compared to other countries, and remained a bright spot amid all the financial gloom.

Analysts are particularly worried about a slowdown in China, due to the threat of social unrest if the economy stalls.

As a great contribute to the Chinese economy the China wholesale will be also affect by this.So the China wholesalers should make full prepare in this fighting.


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