九乡新闻网错坠盘丝洞读后感:China stocks plunge on US debt, train crash
来源：百度文库 编辑：九乡新闻网 时间：2024/04/28 08:09:40
China stocks plunge on US debt, train crash
16:24, July 25, 2011 
Email | Print | Subscribe | Comments | Forum 
Increases the bookmark 
twitter 
facebook 
digg 
Google 
Windowslive 
Delicious 
buzz 
friendfeed 
Linkedin 
diigo 
reddit 
stumbleupon 
QQ Chinese stocks tumbled Monday as investors sold off holdings increasingly worried about a possible default of government debt by the United States which is to bring the global economy back to a serious slowdown. Also, railway shares plunged after the weekend deadly high-speed train wrecking accident in East China’s Zhejiang Province which has killed at least 36 people and injured more than 200.
The Shanghai composite index dived 82 points, or 3 percent, to 2,688.75 at the 3 p.m. close, the biggest drop since January 17.
The Shanghai index has slumped 4.3 percent this year, compared with a 0.8 percent retreat for the MSCI Emerging- Markets Index, on concern the government’s efforts to curb inflation will hurt economic growth.
CSR Corp. and China CNR Corp, the country’s biggest train makers, tumbled more than 8 percent after the weekend train collision and prompted the government to order a rail safety inspection.
China ordered a two-month inspection of rail safety and fired three officials after at least 36 people were killed in a high-speed train crash two days ago near the eastern city of Wenzhou. The collision will slow the pace of railway construction, analysts say.
U.S. House Speaker John Boehner told Congressional Republicans that there’s no agreement on a plan for raising the ceiling before a default threatened for August 2.
A Republican congressional official said Boehner, speaking by telephone to lawmakers, is reporting that discussions are continuing. The impasse has boosted the chance S&P will cut the U.S. credit rating from AAA within three months to 50 percent, the company said last week.
Source: People’s Daily OnlineRelated Channel News
-
East China train crash
Related Reading
-
Relatives mourn train crash victims
-
Quantity of blood donator in Wenzhou increases largely after train crash
-
Chinese toddler rescued 21 hours after train crash shows good vital signs
-
Family has lucky escape
-
Subway safety blitz in Beijing after E China train crash
-
Toddler found alive in train crash rubble
-
Ministry spokesman bows to train victim
-
58 trains suspended after east China train crash
-
More trains suspended after train crash kills at least 35 in east China
-
More trains suspended after train crash kills at least 35 in east China
Special Coverage
Premier Wen Jiabao visits Hungary, Britain, Germany 
From drought to floods
-
Tibet poised to embrace even brighter future, 60 years after peaceful liberation
-
Thunderstorms forecast to continue in north China
-
Chinese tourism official confident of cross-strait travel
-
Anger over Obama meeting Dalai Lama
-
Chinese official calls for more language, culture exchanges with foreign countries
-
Senior Chinese leader calls for efforts to develop new energy
-
Central gov't delegation arrives in Lhasa for Tibet Peaceful Liberation Celebrations
-
Vice President cuts ribbons for Tibet's first expressway
-
Death toll rises to 9 in NE China road accident
-
China Southern Airlines sends charter flight carrying peacekeepers to Liberia
Hot Forum Discussion-
China train crash: New Tragedy for Hi-speed Rail
Repatriation of Lai shows resolution to punish crimes
Hillary's "Strategic Stake" might irk Beijing
Y-9 transport aircraft undergoing "test flight"???
Norway massacre: 'Peace country' not peaceful any more
Libya seeks talks as NATO strikes hit capital
US next step: Mars Rover