Article 6

China becomes world's second-biggest movie market

Summary

:China has become the world's second-biggest movie market by exceeding Japanese movie market. And it emphasizes its importance and existence as a key for Hollywood's moviemakers. According to the Motion Picture Association of America, Chinese box offices' revenues rushed about 36 % to %2.7bn in 2012. As Chinese government eliminated some restrictions on foreign films allowed to be screened, the movie market could increase the amount of revenue. Chinese box offices allowed additional 14 Imax or 3D films and more consumers inclined to buy tickets.

My opinion

:From my point of view, I think that China can have amount of potential to be an economic power if it tries to ease some of restrictions on foreign firms such as Facebook, Twitter, and other Internet uses. That's why China has become world's second-biggist movie market by removing some limitation. Chinese government should allow its people to contact with some foreign firms in order to expand their power. 

Article 5

'Marmageddon' over as New Zealand shops restock Marmite

March 20, 2013. This article comes from BBC news.

Summary

:As the earthquake crushed Christchurch, New Zealand, on February 2011, the only company that produce amount of marmite had no choice but to close its production completely.That's why consumers could not purchase that products anymore. However, marmite has returned to the supermarket in New Zealand after shortages compelled the factory to close its market. The Marmite company claimed that it scheduled to re-open, but it faced unexpected delay. Therefore, shortage caused many New Zealanders and even Prime Minister to have complaints. Unfortunately, some supermarkets in New Zealand were rationing supplies to two jars per customers in the face of high demand although the company said it would re-open the market.

My Opinion

:From my point of view, I think that it is a good decision that the Marmite company determine to re-open its factory. By producing more Marmite, the company and also consumers can get their profits. Especially, consumers are no longer to buy Marmite at the high price. It might take a long time for the Marmite company to produce amount of Marmite; however, it should try to solve the problem as quickly as possible. Producers, consumers and market owners should set an appropriate price for balancing economic.

Article 4

BMW sees 'most successful year' in its history

March 14, 2013. This article comes from BBC News.

Summary

:For BMW group, 2012 was the most precious and successful year in its history. The owner of the Mini and Rolls-Rpyce marques experienced great changing in their total profits and revenue. BMW producers mentioned that total group sales of 2012 increased 10.6% (1.84 million vehicles) from 2011's total group sales. The president of BMW said that he will target further sales volume growth in 2013 and reinforce a new record level for car production. Especially, Asia countries played an important role in increasing profits and revenues of BMW. Moreover, BMW sole more than 3000,000 vehicles in China in a single year for the first time.

My Opinion

:From my point of view, the economic condition of 2012 was not bad. Even though many people and media mentioned that economic had been decreasing and having difficulties, there were lots of consumers who willing to purchase those expensive cars. I think that gap between rich and poor has become more serious. Surprisingly, Chinese bought most of BMW vehicles in Asian countries. Only rich people bought those things instead of helping poor people. Also I can assume that there are many rich people in China and China has become powerful economic country gradually.

Article 3

China's manufacturing growth slows

March 2, 2013. This article comes from CNN and written by Simon Rabinovitch

Summary

:One of the most economical powerful nation, China, has suffered from economic problem. It's manufacturing sector grew slowly since 2013. The data shows that the official purchasing manger's index declined to 50.1 from 50.4 in January. It causes the harbinger of the decreasing of the pace of expansion of industrial activity. Even though China's economy has accelerated last year, the government concerns about a recover in inflation and even high property prices would lead Beijing into economic depression. Furthermore, China's central bank drained about $146bn from the economy in order to prevent in credit issuance through it's financial institutions in January. And several cities have begun to raise the cost of loans. Louis Kuijs, an economist with Royal Bank of Scotland, mentioned that the balance of consideration in the macroeconomics stance shifts. And the Chinese want to recover their manufacturing growth and also they expect one thing that new leaders, Xi Jinping and Lu Keqiang, play their roles as president and premier perfectly and effectively.

My opinion

:From my point of view, I think that Chinese government should have a best way to remedy the economic problem. Even though China is well-known for powerful country, it has suffered from it's manufacturing growth. Because Chinese manufacturing rate began to decrease gradually. This situation might cause the harbinger of huge economic depression. That's why Chinese expect one thing that their new leaders play as an important role in overcoming those problems.