Chinese investor Zhao Danyang won the auction for lunch with Warren Buffett by bidding $2.1 million on eBay.

Zhao Danyang, graduated from Xiamen University in the 1990s, has managed several funds in China mainland and Hongkong SAR. These funds are named by Pure Heart series. Read the rest of this entry »

Nintendo is a video game company headquartered in Kyoto Japan with a 120-year history. Nintendo (7974.JP) has now grown into Japan’s third valuable listed company with a market value of more than US$70 billion with its innovation strategy.

But only two years ago, Nintendo Co. was nearly go into bankruptcy as a serious lost in the battle of next-generation consoles. Nintendo GameCube’ market share is far behind Sony ’s PlayStation 2 and Microsoft’s Xbox. Read the rest of this entry »

China economist Fan Gang told an economic forum on Wednesday that China’s economy will grow rapidly during the next 30 years, despite a slight slowdown at present.

Fan Gang is a member of the Monetary Policy Committee of the China’s central bank. He is also a famous economist in China mainland. Read the rest of this entry »

Warren Buffett, the world’s most famous billionaire investor, tells CNBC on Wednesday that inflation is exploding and the Federal Reserve should stress that fighting rising prices is a primary goal.

Buffett said, inflation should be the Fed’s main concern right now. Inflation is really picking up, it’s exploding, Buffett explained. Read the rest of this entry »

Rising global crude oil prices could slow down the China’s economic growth in 2008 and even 2009. Soaring crude oil prices will have an impact to the economic and force the goverment to cut the oil subsidies.

For the purpose of controling inflation, China freezed the fuel price for months. This made the lack of fuel supply and harmed the energy corporate profits. Now, the goverment has changed the policy, but it may slow down China’s enconmic growth. Read the rest of this entry »

Standard & Poor’s said recently that small Chinese banks may facing higher loan quality risks in the futures. This means the stock price of Chinese banks may be shocked.

Standard & Poor’s said Small Chinese banks and loan quality will come under increasing pressure after the central bank’s latest monetary measures in an article released on June 24 titled As The Central Bank Tightens Its Reins, Risks Grow For Smaller Banks And Asset Quality. Read the rest of this entry »

The china economy is strong, it become the best emerging market to invest in the past few years. Many US residents are asking me how to invest shares of Chinese companies. There are some best ways. Read the rest of this entry »

China National Development and Reform Commission (NDRC) has lifed aviation kerosene by  1500 yuan per ton last Friday. The domestic airline company is asking for lifting fuel surcharges.

According to the state media Xinhua News Agency, airlines will appeal for higher jet fuel surcharges to help air carriers offset the rising prices of oil. Read the rest of this entry »