China’s surging economy slowed slightly in July as state-controlled banks heeded Beijing’s instructions to rein in excessive lending, with the volume of new lending dropping 77 percent from a month earlier. Most economic indicators however suggested a continuing strong recovery, largely as a result of government investment and state-directed lending that saw new loans nearly triple in the first seven months from the same period last year. Industrial output expanded by 10.8 percent in July from a year before, less than most economists had predicted. Fixed asset investment growth rose 32.9 percent from a year earlier for the first seven months of year, indicating some slowing in July as half-year growth had been 0.7 percentage points higher. Read the rest of this entry »

Many of investment are going drop today, and many of people lost a much of money in 2008. Until this 2009 this condition not going well, even that many of people lost a much of money until this year and this time. Almost all of investment are going dropped such as equity, oil, commodity and many more. This unstable condition make all of people going so frustration and become more stress. Many of house have been take back by bank and many of companies are collapse and many of people lost their job. it is a bad condition. with this condition many of people cant live well. Because many of them don’t have enough money to full fill their live. Read the rest of this entry »