Samsung to Sponsor 2008 Beijing Paralympics
Samsung Electronics has signed a sponsorship deal with the Chinese
government to provide technical support for mobile communications
during the 2008 Paralympic Games in Beijing. As part of the deal,
Samsung will be able to place logos and mascots of the 2008 Paralympic
Games on its products. "We wish to be a help for those confronted with
adversity by joining the sports event involving not just 90 million
disabled people in China but also others worldwide," said Park
Keun-hee, Head of Samsung’s China Operation.
China GDP Unlikely To Top Germany's in 2007
China is unlikely to surpass Germany in GDP terms this year, Chinese
media reports. The Chinese economy is expected to grow 11.5 per cent
this year, while Germany's growth is estimated to be less than three
per cent, which prompted analysts to predict China would replace
Germany as the world’s third-largest economy. However, the National
Bureau of Statistics says that because the euro is appreciating
relatively faster than the yuan, China's GDP won't surpass Germany this
year. In 2006, China's GDP stood at USD2.7 trillion, compared with
Germany's USD2.86 trillion.
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