MARKET WATCH
2008-03-27LIUYUNYUN
Beijing Review 2008年3期
LIUYUNYUN
TO THE POINT:Air China's strong stance trampled Singapore Airlines'attempt to buy China Eastern Airlines. The country's liquor prices have risen substantially just before the Spring Festival (February 6-13). Home appliance giant Siemens also decided to increase its prices to cope with higher raw material and human resources costs. In a bid to protect the environment, China invited the U.S.-based General Biodiesel to produce diesel from organic products.Meanwhile, China has vowed to strike hard against software piracy on news that domestic software development has grown robustly, though piracy has eaten into its profits.