091211Downloads334

091211Downloads334 - Downloads China Auto Sales Increase...

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Downloads September 12, 2011: China Auto Sales Increase Four Percent In August. One really big traffic jam sometime soon The AP (9/9) reported, "The China Association of Automobile Manufacturers said 1.38 million vehicles were sold in August, compared with 1.32 million a year earlier." The country's "auto sales surged in 2009 and 2010, driven by subsidies and tax cuts meant to help the industry rebound from the global crisis. Sales rose 32 percent last year to 18 million vehicles." However, "the lackluster growth seen in recent months has prompted most analysts to slash sales forecasts for this year to below 20 million vehicles, or single-digit growth." Foreign Minister Says Canada Will Sell Oil With Or Without US. Getting stroppy! Toronto's Globe and Mail (9/12, Vanderklippe) reports Canada's Minister of Foreign Affairs, John Baird commented on Friday about the consequences of an American refusal to approve the Keystone XL pipeline. Baird said, "If the Americans choose to decline the promise that Keystone XL represents, there are many other countries and many other markets for our oil" and adding that "New emerging economic forces in the Asia-Pacific region offer tremendous opportunities . .. for all kinds of Canadian companies." Manufacturing Sector Not On The Radar Of Washington Policy Makers. Been saying this since ‘80s On the front page of its business section under the headline, Is Manufacturing Falling Off the Radar?, the New York Times (9/11, BU1, Uchitelle, Subscription Publication) reported, "As President Obama urges Congress to enact a package of tax cuts and new government spending intended to revive growth and create jobs, one crucial corner of the American economy - manufacturing - has largely fallen off Washington's radar screen." The Times reported, "One
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This note was uploaded on 10/24/2011 for the course IE 334 taught by Professor Gard during the Spring '11 term at Lehigh University .

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091211Downloads334 - Downloads China Auto Sales Increase...

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