TO THE POINT: China’s stock market must have a touch of spring fever. Just two weeks ago, the number of new fund accounts in January surged to 1.85 million, five times more than the same period of the previous year. But a week later fund management companies suffered from customers pulling out. Experts warned of a bubble in the stock market but securities companies seemed confident. Meanwhile, Agricultural Bank of China has a lot more spring in its step toward listing. Seeing three other Big Four banks being list- ed, Agricultural Bank of China certainly doesn’t want to be left behind. It is sparing no efforts in delving into its inner problems and the Big Four banks will likely enjoy a complete family reunion in the stock markets in 2008. In other news, China’s no spring chicken. It knows its way around the international trade game, and is dealing with unfair trade allegations from both the United States and the European Union. China is also fighting back, protecting itself from dumping from other nations as well. Finally, Lenovo isn’t full of the joys of spring. Its lack of profitability in America is becoming an eyesore on the company’s financial reports. By LIU YUNYUN
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