COMPANY INTRODUCE
China Hongyang Group, is an integrated enterprise with the research & development, production and marketing of Fuel Dispenser and related accessories as well as service station concerning equipments. It concentrates on the relative manufacture & services of filling station such as Hongyang tax control Fuel dispenser, IC Card fuel dispenser, manage system of network for stations, submerge pump and liquid level devise. China Hongyang Group, designed supplier of SinoPec and PetrolChina, our HONGYANG products have been sold to over 50 countries in South-east Asia, Mid-east, Africa, Europe and well received in their markets.
we are committed to create the best workplace, encourage our staffs to put their own personalities into their jobs, and provide them a stage to show themselves.
erest rates; the Bank of Japan has stopped printing lots of money and will start lifting rates soon. Only now are
the markets realising that interest rates may rise by more than they had expected. In the long term, rates should
be roughly equal to nominal GD fuel dispenser P growth, but in America and elsewhere they are still well below it. Optimists argue
that America s economy is coping well with rising interest rates, but it hasn t really sniffed tight money yet.
Without easy credit, dear oil will cause more pain.
Until recently, financial markets appeared to be betting that the Goldilocks economy—neither too hot, nor too cold�
was safe from the bears. The rattled markets are a reminder that sooner or later growth will slow or inflation will
rise. Inflation is not about to spiral upwards but with diminishing spare capacity, it could edge up. America has an
extra risk because Wall Street suspects that Ben Bernanke, the Fed s new chairman, may be a soft touch on
inflation. If that suspicion persists, he will need to raise interest rates by more than otherwise—or investors will do
the tightening for him by pushing up bond yields. That would make other assets look expensive.
It is in the American housing market that the bear may growl loudest. By borrowing against the surging prices of
their homes, American consumers have been able to keep on spending. The housing market is already coming off
the boil (see article). If prices merely flatten, the economy could slow sharply as consumer spending and
construction are squeezed. If house prices fall as a result of higher bond yields, the American economy could even
dip into recession. Less spending and more saving is just what America needs to reduce its current-account deficit,
but for American households used to years of plenty it will hurt.
For the world, it is best that America slows today. Later, imbalances will loom even larger. A few years ago, Japan
and the euro-area economies we fuel dispenser re flat on their backs. Now they are growing “above trend� so the fuel dispenser
