Eco SUV

Arian Forrest Nevin, J.D. asked:


WASHINGTON - The Economic Recovery Act passed today in the House by a vote of 349 to 62. The ERA makes it illegal for the economy to “do poorly.” Speaker of the House, Nancy Pelosi, said “We wanted to send a clear message to the economy that poor performance will not be tolerated.” If convicted of doing poorly the economy could face up to five years in prison.

Long thought by many to be completely incompetent and corrupt, Congress has today shown its true merit. By passing the ERA, Congress has taken decisive action to solve the economic crisis, halt the recession, and restore prosperity. Once signed into law the ERA guarantees a return of economic prosperity because it will be required by law. The ERA directs the economy to grow at “not less than 5% per year” and requires the economy to create a minimum of “2 million new jobs every year.” With the new prosperity brought about by the ERA, unemployment will soon vanish and wages will increase.

Outgoing president Bush has already stated he plans to sign the bill into law. Bush is reported to have said, “I don’t know why I didn’t think of this before. It’s such a great idea.” Demonstrating that he is no lame duck, Bush is already several steps ahead of Congress. “Top intelligence sources tell me that the economy has already left America and moved overseas. According to the CIA, the economy was last seen in China.” President Bush is concerned that we may be facing more than just a recession and, in fact, may be dealing with a “rogue economy.”

President elect, Barack Obama, when asked to comment on the ERA, stated, “My middle name is change,” and flew away on a rainbow.

The economy was available for comment; however this reporter must first learn to speak Chinese before he can communicate with the economy.

On a related note, the Mexican economy was recently apprehended trying to illegally enter the country.

 

Vladimir Gonzalez asked:


Germany has a powerful technological economy. In 2003, Germany’s GNI per capita was $25,250. It is the twenty-third highest in the world in terms of per capita income: $38,860. The growth rate of GDP has declined annually since the early 1980s.

Germany had considerable economic success in rebuilding its economy after losing World War II. It is now the third largest economic power in the world, after the US and Japan. The fiscal and monetary policy adopted by the government was cautious. The idea was to make a social market economy. This idea demanded the economy to be governed by market forces, the state correcting the imperfections of marketing and helping the underprivileged. A lot of attention was paid to bank financing. Companies could focus on objectives on the long term.

German economy is split into two regions: West Germany and East Germany. In the east, economy is still quite weak. The unemployment rate is double than that in the west. After the unification of West and East Germany in 1990, Germany’s flourishing economy declined.

Manufacturing is an important sector for the German economy. Telecommunications is also becoming an important sector. The most important manufacturing industries are the chemical and the automotive industries. The share of manufacturing in GDP has become stable at 30%, while that of fishing, agriculture or forestry has kept falling, the lowest point being reached in 2002 according to statistics of the World Bank.

Agriculture has little importance for the economy as a whole and the steel-making sector has been declining. Agriculture employed less than 3% of the population in 2004, a decreased number compared to 4% in 1991. Still Germany manages to cover 90% of its nutritional necessities through its domestic production.

Exports account for over 1/3 of the national output, as Germany’s economy is mostly export-oriented. Germany exports mainly chemicals, vehicles, food, beer, machinery, textiles, electronics and metals and imports textiles, machinery, textiles and chemicals. Germany’s largest trade partner is France. The United States of America are the second largest trade partner. Germany imports from the US mostly data processing equipment and aircraft and exports in return motor vehicles, chemicals, machinery and electrical equipment.

The most important German energy resource is coal, although its extraction has diminished since 1989, due to the environmental policy. After United States, China, India and Japan, Germany is the fifth largest energy consumer in the world and the largest in Europe.

Angulo Fu asked:


World’s Cheapest Car is Unveiled

After months of rumors and tantalizing leaks, Indian automaker Tata Motors has finally unveiled the Tata Nano — its already legendary $2,500 (1-lakh) car.

The words “Tata Nano” have nothing to do with tiny music players, but the car going by that name’s price and size are still nearly small enough to dance on the head of a pin.

As expected, the car that Tata claims will change the face of not only the Indian car market, but the global auto industry will be a four door, five seat hatch, powered by a 30 HP Bosch 624 cc four stroke engine mounted out back and mated to a CVT. That makes the Nano the first time a 2-cylinder gasoline engine will be used in a car with a single balancer shaft. The Nano’s also expected to get 54 US miles per gallon.

Background

Petrol price have successfully hit record levels after oil reached the $100 a barrel mark, sending financial shockwaves through world markets. Fuel economy is at the top of the list of factors shoppers consider when looking at a new vehicle. In face of this situation, more and more manufacturers began to focus on the fuel economy vehicle.

China’s Car Manufacturers

Actually, China’s car manufacturers are paying gigantic effort on the fuel economy vehicle and have got very big accomplishment.

China’s auto giant FAW has become involved in economy car production once it has controlling shares in Tianjin Automotive Xiali Co. (TAIC), the country’s major economy car producer. TAIC, which is based in the port city of Tianjin, north China, is capable of producing 230,000 cars, 270,000 engines and 10,000 large tractors annually, while FAW manufactured and sold about 1430,000 cars last year.

In 2007, China FAW Group Corp became the country’s first automaker to operate a plant in Mexico, as increasing domestic competition causes Chinese carmakers to seek sales in Latin America, Eastern Europe and Asia. FAW’s Mexican plant is set to open in 2010 with a capacity of 100,000 fuel economy cars a year, according to the statement. Sales of imported cars had begun last year.

Chery, China’s largest independent carmaker and is specialized in fuel economy vehicle, expects to export 110,000 vehicles this year, predominately to the Middle East and Russia, Zhang Lin, general manager of Chery International, a division of the Wuhu-based automaker, said on November 15. The company will also build cars for Chrysler LLC.

Geely, the largest private car manufacturer in China, enter into South Africa is another milestone in her history. As the first overseas joint venture South Africa of Geely International, Geely SA will import and distribute Geely cars in South Africa. The first model will be introduced into SA is Geely CK, a kind of fuel economy cars.

Auto Car Trade Shows

Here are several famous Chinese auto car trade shows as follows:

China International Automobile Manufacturing Exposition

36,000 sqm of exhibition area will be available, and you will be exposed to:

- Over 800 exhibitors;

- Businesses from over 30 countries and regions;

- Over 8,000 business decision makers from 20 countries including the US, Asia and European participants;

- More than 20 high-level summits and procurement information release conferences will be held.

Auto Guangzhou, China (Guangzhou) International Automobile Exhibition

China (Guangzhou) International Automobile Exhibition started in 2003, which was positioned at “High Quality, Internationalization and Comprehensiveness”. On the basis of major support from Guangzhou Municipal Government, China’s 1/3 car consumer market, powerful car developing industry and the one of the best exhibition hall in Asia, it has become one of China’s famous automobile exhibitions after four years’ operation.

The 8th Dalian International Auto & Parts Exhibition

Dalian International Automotive Industry Exhibition is one of the exhibitions planned, initiated and fostered by Dalian People’s Government. Through this exhibition, Dalian People’s Government intends to build a free-trade, logistics and sales center of automobiles and to attract more auto projects and to provide an extensive market for the automotive and auto parts merchants from home and abroad.

China Leading B2B Marketplace

Made-in-China.com is a leading internet-based directory of China products & China Suppliers. Its rich resources have made it the best online platform for international trade between global buyers & China Suppliers.

Every day, Millions of global buyers find the most complete, high-quality, reliable and updated resources of China products and their suppliers through Made-in-China.com.

Fuel Economy Vehicle -Double-Edged Sword?

One aspect, the fuel economy car can cut down the fuel gas contamination and restrain oil price from going up. Besides, appearance of the fuel economy car makes the possession of a car become a reality for many families.

Another aspect, the trend would aggravate the urban traffic.

Joseph Shalaby asked:


The US economy strength has taken a beating lately due to the financial strain posed by shaky financial markets and the existence of troubled assets across many companies. In fact, the weight of these troubles continues to plague established financial institutions to such a degree that it might be quite a while before the tide turns.

The Treasury might have the authority to purchase troubled assets in an attempt to stem the downward spiral of the US economy, but that doesn’t mean that this strategy is going to be successful. The intentions of the “Emergency Economic Stabilization Act of 2008″ might be clear, but they do not come with a guarantee. What does this fact do for the American people? After all, in order to trust that the financial world will straighten itself out and the US economy strength will rebound, one has to have a certain element of faith. Faith in the system seems to be in short supply at the moment.

How many individuals are wondering if the US economy can rebound and gain back its once robust strength? How many companies and corporations is the US government going to have to bail out before the economy takes a turn for the better? These are all good questions that only time will tell.

Certain signs do exist that the US economy retains strength in some areas. In particular, according to the US Treasury, US exports grew over the last four quarters. In fact, the growth, which was boosted by a strong growth in global markets, reached 11 percent. Plus, core inflation remained constant or contained. According to the latest figures from the US Treasury, the consumer price index had risen 2.5 percent over the last twelve months if one excludes things such as the cost of energy and food.

Unfortunately, the US economy shows no strength when it comes to the area of employment. The number of paid workers decreased again in September, more than doubling the decrease that paid employment met with in August in the United States.

The primary goal of the “Emergency Economic Stabilization Act of 2008″ is that the package will infuse sufficient capital into troubled financial institutions to allow them to rebound effectively enough to circumvent the downward spiral that is currently going on. It is intended to provide a temporary boost that will help the economy to navigate around the negative drag of the housing market and its woes. This strategy is designed to encourage US economy strength that will far outmaneuver any negative consequences of the troubling financial situation currently facing businesses and corporations in the RS today.

The US government does not intend for the negative aftershocks of a slowing economy to linger. The goal is to have the stimulus package create new growth that increases the US economy’s strength, bringing it back to the robust financial level of better days. Indeed, the long-term growth of the US economy strength is as much a part of the picture as the short-term growth of the US economy strength.

Vladimir Gonzalez asked:


The United Kingdom is the world’s sixth largest economy, but it is the largest economy in Europe. The United Kingdom’s economy consists of England’s, Wales’, Northern Island’s and Scotland’s economies put together.

Over the past years, the British economy has grown constantly, continuing an economic growth of over one hundred and fifty years. The UK has the strongest economy in the European union as far as inflation, unemployment and interest rates are concerned, all of them continuing to be low. Out of all the countries in the UE, the International Monetary Fund rates the UK as having the seventh highest level of DGP per capita in terms of purchasing power parity. It also has the third largest current account deficit on the globe.

Sixty percent of food necessities are furnished by local agriculture activities. The United Kingdom has plenty of reserves of natural gas, coal and oil, making up for 10% of the country’s GDP. The services industry is made out of hospitality, real estate, health care, food chains, but also of financial services like insurance and banking. In London there are many branches of financial organizations from everywhere around the globe.

Agriculture contributes two percent of GDP; it is mechanized and very efficient. The English grow crops of oats, potatoes, wheat, sugar beet, linseed, hemp or barley. They raise chickens, sheep and cattle. The fishing industry is also present in the UK, especially in towns on the coast such as: Peterhead, Grimsby, Lowestoft, Frasersburgh or Fletwood.

Engineering contributes 30% of the total GDP in manufacturing, being the largest sector in industry. Other important field of the Engineering and allied industries is that of electronics. The United Kingdom manufactures a wide range of equipment. Some companies build private motor yachts (Fairline Boats, Sunseeker) and some manufacture power generation systems or aerospace engines. Other significant sectors in the industry of manufacturing are: tobacco, food and drink, printing, textiles and publishing.

Business investment was supposed to grow about 5 percent a year in 2007 and 2008. For creative industries, tax credit is to be expanded. In 2007, the United Kingdom became India’s fifth most important trading partner. It exports diamonds, precious metals, industrial machinery, telecommunication equipment, chemicals and transport equipment. Out of all the Asian countries, India is the eighth most important investor in the United Kingdom. In 2003, the number of Indian businesses that invested in the UK grew with almost fifty percent over the year before.

Kevin Wesley asked:


The biggest expanding country in the world could be the biggest threat to the world economy. China has a growing list of superiority, including a fifth of the world’s population, one of the largest countries in land mass, and the largest standing army just to mention a few. Its current government is only a little over a half of a century old, but has already been climbing to the top of the food chain; in terms of its economy. The state of its economy has been growing at an incredible rate over the years, landing at the second largest exporter and third largest importer of goods. China has always been one of those countries that are always in the news, both being presented as a positive and negative state in the world economy. Living in a tough time and a declining economy, who will come out on top?

We are living in a world economy and what happens in other parts of the world directly and/or indirectly affect the rest of us, whether we like it or not. With other countries’ economies falling apart, eventually something will have to happen that will stabilize this event. The U.S. Dollar has been stable during this decline so far, even gaining strength against other currencies but so has the Chinese Yuan. In terms of money and the exchange of money, most countries have an amount of U.S. Dollars in some form; it’s on its way to being a world currency. The only thing that is in its way is the Chinese Yuan.

If the Chinese economy is compared to historic events, it does resemble the United States’ economy during the Industrial Revolution. If they stay on this track, that would lead them to become the most powerful country on the map. The difference now is technology. During the 18th century, there was the introduction of steam energy, today we have nuclear power. An economy growing at the rate of China’s, people and businesses look forward to doing business there instead of other places. The costs of labor is cheaper and let’s face it, they have the labor force to complete the job. This is great for China, but hurts other countries; jobs are outsourced and so is manufacturing. More money is being invested in their country, leaving room for expansion while other countries are at a standstill. The technology aspect can makes them a force to be reckoned with.

All this growth makes the Yuan more appealing. If other currencies decline in value, we can see a future with a world currency. The obvious choice for this currency is the U.S. Dollar; it’s already being used in this way just not official. So what’s the problem? The U.S. economy is not so great right now and the government is spending money like there’s no tomorrow, but there is a tomorrow. The Dollar could also implode in the next few years and the Yuan is gaining in value against it. So what’s the big deal? We do live in a world economy, not everything has to be in favor of the free world. The Chinese government, socialist republic ruled by Communist, and most of the world is against this form of government. If we can learn anything from history, Communist don’t usually get along with most other forms of government. If they control the world currency, are expanding beyond everyone else, advancing in technology, ruled by Communist, and oh yea have the largest standing army in the world sounds like a formula for disaster.

China is a great place for expanding a business or getting cheaper labor, but at what cost in the end. Leaders have been known to get power hungry and run government in a way that is great for them and not the people they are ruling. When failing governments look for help, China can help in big ways, but China’s history is a little all over the place with change of power. An unstable government in control of the world’s assets smells like trouble.

Not saying this will happen, just making sure everyone is looking at all the possibilities. The world is changing; let’s make sure it goes in the right direction. If we look back at history, we can see it has a habit of repeating itself. Great nations rise and fall, times of war and peace, but when the dust settles a leader rises up; hopefully for the world it is the right person for the position. Investing in China and reaching for their hand in help, is looking better more than ever and it is helping those struggling through this tough time. But we should make sure not all of the help and investments are in one area. Just like investing on Wall Street, if you put everything you have in one stock and that company folds up your portfolio is worth nothing. Let’s be smart about where our future is going.