Abstract: | Ignoring the economic recovery, the stock market bleeds as investors speculate more monetary tightening policies. The manufacturing sector shines in the first quarter of this year though cost inflation looms large, and listed companies also report handsome profits. Automakers turned out more wheels as sales picked up in April. Recovering from the impact of the tainted formula scandal, dairy makers turn loss into profit in 2009. Foreign credit rating agencies take root in China, casting an ominous shadow over financial interests of the country. |