Monday, August 23, 2010

China Construction Bank profit up 27 percent



This news is about china construction bank. I choose this topic because it is so very interesting. In addition China will be one of the most important countries in the world. Nowadays, businesses in China are growing up and have a lot profit.

China Construction Bank is the country’s third largest company. This company has increase profit about 27 percent, credit cards and wealth management. On 30 June, Construction bank got profit around 70.8 billion yuan. In addition, it got 55.8 billion yuan a year earlier. The rise was increase 44 percent in fee and commission business to 33.6 billion yuan. It has rose 15 percent to 117.8 billion yuan when credit is popular. Credit card fees rose 60.4 percent. Construction bank has a plan for improve their business. Moreover, it will become the one of the most important business in the world. The bank announced in April it plans to rise up to 75 billion yuan.

In my opinion, I think China is the most important country in Asia because this country is a developing country. Therefore, China has a good economy and business. China Construction Bank will be a important bank in the world because it has a lot of profit.

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