ForestBlog

This is a story about a book."Former Residences of the Historical Celebrities in Shanghai"

I found this book at a vintage book fair ( Confucian Temple) in Shanghai. The famous vintage book fair is located at Old West Gate of the Yu Garden.

TOYOTA'S president said the car maker plans to take 100 percent ownership of two auto-assembly companies it partly owns and combine one of them with two other subsidiaries in an effort to strengthen Japanese manufacturing. Toyota Motor Corp President Akio Toyoda said the moves are aimed at keeping auto production in Japan and will quicken product development so it can remain globally competitive, despite unfavorable conditions such as the strong yen and a growing power crunch. But they also highlight the serious hardships at Japanese manufacturers that are requiring the joining of forces t

TOYOTA'S president said the car maker plans to take 100 percent ownership of two auto-assembly companies it partly owns and combine one of them with two other subsidiaries in an effort to strengthen Japanese manufacturing. Toyota Motor Corp President Akio Toyoda said the moves are aimed at keeping auto production in Japan and will quicken product development so it can remain globally competitive, despite unfavorable conditions such as the strong yen and a growing power crunch. But they also highlight the serious hardships at Japanese manufacturers that are requiring the joining of forces t

BURBERRY posted first-quarter sales slightly above forecasts as it raised expectations for its wholesale operations, bolstered by the Americas, emerging markets and travel retail. The British maker of raincoats and leather goods, identifiable by their camel, red and black check pattern, said yesterday that revenue rose 34 percent on a comparable basis to 367 million pounds (US$588 million), slightly above expectations of 340 million pounds.

MARKET optimism today lifted Shanghai shares from yesterday's biggest losses in seven weeks, riding on China's better-than-expected growth that eased investors' concerns on the country's economy. The Shanghai Composite Index climbed 1.48 percent to 2,795.48.

China's ocean authority today ordered ConocoPhillips China (COPC) to immediately suspend operations at two platforms in the Penglai oilfield in the Bohai Bay following two spills, saying that risks of new leaks still existed. The measures, mainly temporary and remedial, that COPC had taken failed to eliminate risks of new leaks entirely, after oil leaks were first detected early last month in platforms B and C of Penglai 19-3 oilfield, the State Oceanic Administration (SOA) said in a statement. The situation concerning the oil leaks in Penglai 19-3 oilfield, which is being operated by COPC

THE growth of China's gross domestic product slowed to 9.5 percent in the second quarter as the central government revved up efforts to curb credit expansion and rein in inflation. The economic growth on the whole remained solid and stable, said a spokesman at the National Bureau of Statistics. How to handle the relationship between maintaining stable growth, adjusting economic structure and managing inflation would be a testing challenge for the rest of this year, he said. China's GDP grew 9.6 percent year-on-year in the first half to 20.44 trillion yuan (US$3.15 trillion).

CHINA'S manufacturing output grew at the fastest pace last month since May 2010, beating analysts' expectations and eliminating concerns over a hard landing of the country's economy, although analysts predicted the rise in output would ease in the second half of the year. Industrial output gained 15.1 percent in June from a year earlier, faster than a 13.3 percent increase in May, the National Bureau of Statistics said yesterday.

GOLD climbed to a record in London and New York as concern about Europe's debt crisis spurred demand for the metal as a protection of wealth. Bullion rose to an all-time high in British pounds. Ireland joined Portugal and Greece yesterday as the third euro-area nation to have its credit rating cut to below investment grade.