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	<title>Comments for China business news</title>
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	<description>The latest business news in China: banking, finance, stock market, real estate, industries... Including China trade and economic reports.</description>
	<lastBuildDate>Mon, 10 Oct 2011 10:37:08 +0000</lastBuildDate>
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		<title>Comment on Surplus may bode ill for Silver by fuzzywzhe</title>
		<link>http://cnbusinessnews.com/surplus-may-bode-ill-for-silver/comment-page-1/#comment-35850</link>
		<dc:creator>fuzzywzhe</dc:creator>
		<pubDate>Mon, 10 Oct 2011 10:37:08 +0000</pubDate>
		<guid isPermaLink="false">http://cnbusinessnews.com/?p=48697#comment-35850</guid>
		<description>There&#039;s no surplus!

People who are actually purchasing the metal are watching the stockpiles dwindle.  You can see it from anybody that sells it, as inventory runs out.

And Silver isn&#039;t at the TOP of it&#039;s trading range, it&#039;s at the bottom.  Using very basic technical analysis predicts the lowest expected price to be $27 or so - which it hit for a very brief moment.  It&#039;s possible it could go to $22, but it&#039;s unlikely, and it would just create even a larger shortage.

This article is inaccurate.

You can see the trading range yourself by getting a silver chart over the last 10 years, show the chart in logarithmic format, and draw a straight line along the lowest points of the chart.  Do the same for the top points.  There&#039;s your trading range, that area between the two lines.  Notice they are parallel.  This is normal expected trading, and anybody actually in the business of trading has seen the pattern a hundred thousand times before.

This article is garbage.  It&#039;s possible for silver to go lower, but it&#039;s not too likely, and this is a very low point for risk in entry.  Extremely low.</description>
		<content:encoded><![CDATA[<p>There&#8217;s no surplus!</p>
<p>People who are actually purchasing the metal are watching the stockpiles dwindle.  You can see it from anybody that sells it, as inventory runs out.</p>
<p>And Silver isn&#8217;t at the TOP of it&#8217;s trading range, it&#8217;s at the bottom.  Using very basic technical analysis predicts the lowest expected price to be $27 or so &#8211; which it hit for a very brief moment.  It&#8217;s possible it could go to $22, but it&#8217;s unlikely, and it would just create even a larger shortage.</p>
<p>This article is inaccurate.</p>
<p>You can see the trading range yourself by getting a silver chart over the last 10 years, show the chart in logarithmic format, and draw a straight line along the lowest points of the chart.  Do the same for the top points.  There&#8217;s your trading range, that area between the two lines.  Notice they are parallel.  This is normal expected trading, and anybody actually in the business of trading has seen the pattern a hundred thousand times before.</p>
<p>This article is garbage.  It&#8217;s possible for silver to go lower, but it&#8217;s not too likely, and this is a very low point for risk in entry.  Extremely low.</p>
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		<title>Comment on Why the gold bubble will soon BURST! by worker</title>
		<link>http://cnbusinessnews.com/why-the-gold-bubble-will-soon-burst/comment-page-1/#comment-30474</link>
		<dc:creator>worker</dc:creator>
		<pubDate>Sat, 20 Aug 2011 10:57:17 +0000</pubDate>
		<guid isPermaLink="false">http://cnbusinessnews.com/?p=39266#comment-30474</guid>
		<description>The above Comment can always prove correct, human beings are fickle, however, investors are looking for a stable currency, not more Government paper (currencies), so possibly the accepted world financial scenario is changing,  goods to barter with and gold as a store of wealth has never changed.</description>
		<content:encoded><![CDATA[<p>The above Comment can always prove correct, human beings are fickle, however, investors are looking for a stable currency, not more Government paper (currencies), so possibly the accepted world financial scenario is changing,  goods to barter with and gold as a store of wealth has never changed.</p>
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		<title>Comment on How to Get a Green Card in China? by shadowplayer</title>
		<link>http://cnbusinessnews.com/how-to-get-a-green-card-in-china/comment-page-1/#comment-26404</link>
		<dc:creator>shadowplayer</dc:creator>
		<pubDate>Thu, 14 Jul 2011 05:24:46 +0000</pubDate>
		<guid isPermaLink="false">http://cnbusinessnews.com/?p=20326#comment-26404</guid>
		<description>This information is not accurate. I have just been to the PSB in China after reading this post with the intention of obtaining a green card and was unable to.

According to this article you have to be married for 5 years or more and be on the mainland for more than 9 months of the year.

In actual fact the rule is that you have to be married for 5 years or more AND have also lived in China for 5 years or more. Each of those years has to have been for 9 months or more.

Also it is worth noting that you cannot simply produce your marriage certificate at the PSB. If you were married in any other country than China and your marriage certificate was not issued by the state then you have to return to your home country and visit the Chinese embassy there. They will take the documents and validate them with your government and begin the green card process. Plus there are a number of other things which are a requirement to. A police background check in your home country and an interview with the embassy. Proof of a steady income for the previous 5 years in China with a minimum of 120,000RMB in the account.

Even if you have all this I have been informed that gaining a green card is still not a guarantee. They are STILL very dubious over issuing these things to people and regardless of what rule changes they like&quot;to be seen&quot; making it is still China and anyone who is living or has lived here from the West will know exactly what I mean by that.</description>
		<content:encoded><![CDATA[<p>This information is not accurate. I have just been to the PSB in China after reading this post with the intention of obtaining a green card and was unable to.</p>
<p>According to this article you have to be married for 5 years or more and be on the mainland for more than 9 months of the year.</p>
<p>In actual fact the rule is that you have to be married for 5 years or more AND have also lived in China for 5 years or more. Each of those years has to have been for 9 months or more.</p>
<p>Also it is worth noting that you cannot simply produce your marriage certificate at the PSB. If you were married in any other country than China and your marriage certificate was not issued by the state then you have to return to your home country and visit the Chinese embassy there. They will take the documents and validate them with your government and begin the green card process. Plus there are a number of other things which are a requirement to. A police background check in your home country and an interview with the embassy. Proof of a steady income for the previous 5 years in China with a minimum of 120,000RMB in the account.</p>
<p>Even if you have all this I have been informed that gaining a green card is still not a guarantee. They are STILL very dubious over issuing these things to people and regardless of what rule changes they like&#8221;to be seen&#8221; making it is still China and anyone who is living or has lived here from the West will know exactly what I mean by that.</p>
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		<title>Comment on Why the silver market has gone nuts by muc_peter</title>
		<link>http://cnbusinessnews.com/why-the-silver-market-has-gone-nuts/comment-page-1/#comment-25683</link>
		<dc:creator>muc_peter</dc:creator>
		<pubDate>Sun, 03 Jul 2011 22:02:11 +0000</pubDate>
		<guid isPermaLink="false">http://cnbusinessnews.com/?p=30214#comment-25683</guid>
		<description>The level of this article is summarized in such words used like &#039;Phooey&#039;, &#039;gone nuts&#039; and so on. It represents someone who doesn&#039;t understand why silver and gold have been on  a decade long bull market whilst the Dow Jones has gone nowhere except from one bubble to the next.
The problem lies in the fact that people have had enough of the massive fiat printing and exer increasing sovereign debt, as well as the ever increasing sovereign failures that are patched together by even more debt, as well as the ever increasing amounts of derivatives. How many hundreds of trillions of derivatives does the world need ? It&#039;s a false economy that will clearly explode.
Why not buy precious metals ? At least it&#039;s solid and not something that can be printed to infinity.</description>
		<content:encoded><![CDATA[<p>The level of this article is summarized in such words used like &#8216;Phooey&#8217;, &#8216;gone nuts&#8217; and so on. It represents someone who doesn&#8217;t understand why silver and gold have been on  a decade long bull market whilst the Dow Jones has gone nowhere except from one bubble to the next.<br />
The problem lies in the fact that people have had enough of the massive fiat printing and exer increasing sovereign debt, as well as the ever increasing sovereign failures that are patched together by even more debt, as well as the ever increasing amounts of derivatives. How many hundreds of trillions of derivatives does the world need ? It&#8217;s a false economy that will clearly explode.<br />
Why not buy precious metals ? At least it&#8217;s solid and not something that can be printed to infinity.</p>
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		<title>Comment on Why the silver market has gone nuts by venerability</title>
		<link>http://cnbusinessnews.com/why-the-silver-market-has-gone-nuts/comment-page-1/#comment-25560</link>
		<dc:creator>venerability</dc:creator>
		<pubDate>Sun, 03 Jul 2011 19:23:35 +0000</pubDate>
		<guid isPermaLink="false">http://cnbusinessnews.com/?p=30214#comment-25560</guid>
		<description>Anyone not using the Inflation-adjusted prices for either POS or POG is bound to get very faulty results.

It is widely believed that the correct Inflation-adjusted price of Gold is a bit over 2400 now. That&#039;s what would correspond to Gold&#039;s nominal 800 high way back when, if POG had not been so badly distorted, buried under many tons of derivatives, including the ETFs.

I am not a Silver expert, but the Inflation-adjusted correct price of Silver today, corresponding to that Hunt Brothers high of 50, would be much higher today, if Silver had not been buried under many tons of derivatives, including the dastardly SLV.</description>
		<content:encoded><![CDATA[<p>Anyone not using the Inflation-adjusted prices for either POS or POG is bound to get very faulty results.</p>
<p>It is widely believed that the correct Inflation-adjusted price of Gold is a bit over 2400 now. That&#8217;s what would correspond to Gold&#8217;s nominal 800 high way back when, if POG had not been so badly distorted, buried under many tons of derivatives, including the ETFs.</p>
<p>I am not a Silver expert, but the Inflation-adjusted correct price of Silver today, corresponding to that Hunt Brothers high of 50, would be much higher today, if Silver had not been buried under many tons of derivatives, including the dastardly SLV.</p>
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		<title>Comment on Is gold&#8217;s run coming to an end? by bri981</title>
		<link>http://cnbusinessnews.com/is-golds-run-coming-to-an-end/comment-page-1/#comment-25548</link>
		<dc:creator>bri981</dc:creator>
		<pubDate>Sun, 03 Jul 2011 18:04:08 +0000</pubDate>
		<guid isPermaLink="false">http://cnbusinessnews.com/?p=30213#comment-25548</guid>
		<description>All this comes from those who never saw $1500 Gold coming in the first place. Yet the ones who did are still seeing long term gains. Gold is money when money fails. $$$Trillions in debt with no way to right the ship without devaluing there currencies. Gold&#039;s climb started in 2000 not 5 years ago. That&#039;s over a 400% gain as money against the USD. Facts just the facts not speculation.</description>
		<content:encoded><![CDATA[<p>All this comes from those who never saw $1500 Gold coming in the first place. Yet the ones who did are still seeing long term gains. Gold is money when money fails. $$$Trillions in debt with no way to right the ship without devaluing there currencies. Gold&#8217;s climb started in 2000 not 5 years ago. That&#8217;s over a 400% gain as money against the USD. Facts just the facts not speculation.</p>
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		<title>Comment on Why the silver market has gone nuts by bri981</title>
		<link>http://cnbusinessnews.com/why-the-silver-market-has-gone-nuts/comment-page-1/#comment-25541</link>
		<dc:creator>bri981</dc:creator>
		<pubDate>Sun, 03 Jul 2011 12:41:46 +0000</pubDate>
		<guid isPermaLink="false">http://cnbusinessnews.com/?p=30214#comment-25541</guid>
		<description>CEF has tripled in value sine 2008. China &amp; India with 2.2 billion people are being encouraged to place silver in there investment portfolio. SIlver has been used as MONEY longer than GOLD. Silver future trading desks are being opened or already opened in India, Australia, China, HK, Thailand to avoid risks and compete with highly minipulated futures in NY Comex where a CASH premium is being paid instead of physical for delivery. Facts...........JUSt the facts ot speculation.</description>
		<content:encoded><![CDATA[<p>CEF has tripled in value sine 2008. China &amp; India with 2.2 billion people are being encouraged to place silver in there investment portfolio. SIlver has been used as MONEY longer than GOLD. Silver future trading desks are being opened or already opened in India, Australia, China, HK, Thailand to avoid risks and compete with highly minipulated futures in NY Comex where a CASH premium is being paid instead of physical for delivery. Facts&#8230;&#8230;&#8230;..JUSt the facts ot speculation.</p>
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		<title>Comment on Clearer skies ahead for small planes by Richard Irwin</title>
		<link>http://cnbusinessnews.com/clearer-skies-ahead-for-small-planes/comment-page-1/#comment-24586</link>
		<dc:creator>Richard Irwin</dc:creator>
		<pubDate>Fri, 27 May 2011 19:28:42 +0000</pubDate>
		<guid isPermaLink="false">http://cnbusinessnews.com/?p=26481#comment-24586</guid>
		<description>I read this article today and found it very interesting, however it made the following statement which is absolutely wrong.

Haphazard and even dangerous flying by pilots of small planes has occurred in many countries. In the United States, where more than 200,000 light aircraft can take to the skies, accidents are all too frequent.

In the US there are over 5000 airports and over 300,000 general aviation airplanes and 360,000 licensed general aviation pilots.  The accident rate is the lowest in the world and &quot;...accidents are all too frequent.&quot;  is a gross misrepresentation of the facts.  The US general aviation accident rate is less than the commercial aviation accident rate world wide.  At any point in time in the US there are more than 30,000 aircraft in the air that is in less than 25% of the geograhical area of China.

It is journalistically irresponsible to blantently accuse the Chinese general aviation pilots of potentially flying &quot;haphazardly and even dangerously&quot;.

It was also disappointing to see Jiang Li&quot;s comment. &quot;China should not rush, but instead learn from mistakes in the U.S.&quot;  The rest of the worlds aviation communities have vitually duplicated the US airspace regulations and it is the international standard for commerical aviation.  I wonder which mistakes Jiang Li was referring to.

There are less than 500 general aviation aircraft in China today according to published reports.  How hard could it be to equip them all with GPS, radios and transponders.  You could immediately solve the problem that Cai Jun pointed out that &quot;...some light aircraft are not well-equiped. some are even unable to report their location in flight properly.&quot; for about 7000 yuan per aircraft.

I believe that opening up the Chinese airspace will be of enormous economic value to everyone in China.  I hope that a more liberal attitude prevails as this project moves forward for the benefit of all of it&quot;s people.</description>
		<content:encoded><![CDATA[<p>I read this article today and found it very interesting, however it made the following statement which is absolutely wrong.</p>
<p>Haphazard and even dangerous flying by pilots of small planes has occurred in many countries. In the United States, where more than 200,000 light aircraft can take to the skies, accidents are all too frequent.</p>
<p>In the US there are over 5000 airports and over 300,000 general aviation airplanes and 360,000 licensed general aviation pilots.  The accident rate is the lowest in the world and &#8220;&#8230;accidents are all too frequent.&#8221;  is a gross misrepresentation of the facts.  The US general aviation accident rate is less than the commercial aviation accident rate world wide.  At any point in time in the US there are more than 30,000 aircraft in the air that is in less than 25% of the geograhical area of China.</p>
<p>It is journalistically irresponsible to blantently accuse the Chinese general aviation pilots of potentially flying &#8220;haphazardly and even dangerously&#8221;.</p>
<p>It was also disappointing to see Jiang Li&#8221;s comment. &#8220;China should not rush, but instead learn from mistakes in the U.S.&#8221;  The rest of the worlds aviation communities have vitually duplicated the US airspace regulations and it is the international standard for commerical aviation.  I wonder which mistakes Jiang Li was referring to.</p>
<p>There are less than 500 general aviation aircraft in China today according to published reports.  How hard could it be to equip them all with GPS, radios and transponders.  You could immediately solve the problem that Cai Jun pointed out that &#8220;&#8230;some light aircraft are not well-equiped. some are even unable to report their location in flight properly.&#8221; for about 7000 yuan per aircraft.</p>
<p>I believe that opening up the Chinese airspace will be of enormous economic value to everyone in China.  I hope that a more liberal attitude prevails as this project moves forward for the benefit of all of it&#8221;s people.</p>
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		<title>Comment on Firms cite fund shortage as key growth hurdle by georgehanna</title>
		<link>http://cnbusinessnews.com/firms-cite-fund-shortage-as-key-growth-hurdle/comment-page-1/#comment-21931</link>
		<dc:creator>georgehanna</dc:creator>
		<pubDate>Fri, 08 Apr 2011 05:44:22 +0000</pubDate>
		<guid isPermaLink="false">http://cnbusinessnews.com/?p=22171#comment-21931</guid>
		<description>I&#039;m amazed why the banks are not loaning all the extra deposit they have? is it risk? Development a legal system to protect investor will help the honest enterpreneur and enhance China&#039;s future economic growth, and most important innovation and creativity.

It will be interesting to find out, what type of industry are having problem raising capital and why?  i would love to read some examples.  It&#039;s always interesting to bring couple of examples in an article like this. 

I would love to read other&#039;s posting on this as well if they have examples.</description>
		<content:encoded><![CDATA[<p>I&#8217;m amazed why the banks are not loaning all the extra deposit they have? is it risk? Development a legal system to protect investor will help the honest enterpreneur and enhance China&#8217;s future economic growth, and most important innovation and creativity.</p>
<p>It will be interesting to find out, what type of industry are having problem raising capital and why?  i would love to read some examples.  It&#8217;s always interesting to bring couple of examples in an article like this. </p>
<p>I would love to read other&#8217;s posting on this as well if they have examples.</p>
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