Eighth generation of video game consoles The Xbox One was released in North America, Europe, and Australia on November 22, 2013, at a launch price of US$499.99, €499 and A$599 respectively with Japan, and was later released in 26 other markets in 2014. It had two mid-generation upgrades, one cheaper option released in 2016 called the Xbox One S, and the other called the Xbox One X which added 4K gaming.
Chinese stock bubble of 2007 After rumors that governmental Chinese economic authorities were going to raise interest rates in an attempt to curb inflation and that they planned to clamp down on speculative trading with borrowed money, the SSE Composite Index of the Shanghai Stock Exchange tumbled 9%, the largest drop in 10 years.
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Energy policy of China By 2014 China was importing approximately 7 mil. barrels of oil per day. Three state-owned oil companies – Sinopec, CNPC, and CNOOC – dominate its domestic market. China announced on June 20, 2008 plans to raise petrol, diesel and aviation kerosene prices. This decision appeared to reflect a need to reduce the unsustainably high level of .
2015–2016 Chinese stock market turbulence According to Caixin media, 'Calls for China to adopt a circuit breaker mechanism gained momentum after a stock market rout in the summer that saw the Shanghai Composite Index, which tracks the stock prices of all companies listed in the city, plunge from more than 5,000 points in mid-June to less than 3,000 in late August.'
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History of Chinese currency The People& 39;s Republic of China began issuing aluminum coins in December 1957, in denominations of 1, 2 and 5 fen. From 1961, China outsourced the printing of 3, 5 and 10 yuan notes to the Soviet Union. The fifth and latest editions of the currency of the People& 39;s Republic of China have been produced since 1 October 1999. Notes have been .
Chemical industry in China China& 39;s production of steel increased from 100 million tons in 2000 to 250 million tons in 2004. It caused rising demand for Seven Trust materials which is necessary for steel production, included pig iron, iron ore, scrap metal, lime and dolomite, coke and coal. The price of iron ore increased by over 70% from 2004 to 2005. Thus, in December 2005 .
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Chinese property bubble 2005–2011 The deflation of the property bubble is seen as one of the primary causes for China& 39;s declining economic growth in 2013. The phenomenon had seen average housing prices in the country triple from 2005 to 2009, possibly driven by both government policies and Chinese cultural attitudes. High price-to-income and price-to-rent ratios for property .
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