摘要
The Chinese central bank reported that financial performance in the first half of this year was generally stable.But mu- tual funds had heavy losses because of the bearish stock market. Profits at state-owned companies were down 10.3 percent year on year,largely on account of losses in the petrochemical and power industries.China’s first defeat in a WTO trade dispute means the country will see an increase in the demand for imported cars.The mainland food,beverage and hotel industry saw fast development in the first half and was expected to continue the trend during the rest of the year.
The Chinese central bank reported that financial performance in the first half of this year was generally stable.But mu- tual funds had heavy losses because of the bearish stock market. Profits at state-owned companies were down 10.3 percent year on year,largely on account of losses in the petrochemical and power industries.China’s first defeat in a WTO trade dispute means the country will see an increase in the demand for imported cars.The mainland food,beverage and hotel industry saw fast development in the first half and was expected to continue the trend during the rest of the year.
