U.S. top ten ranked ninth rise of China Economic News.

<P> Robust development of China Economic News selected the top ten ranked U.S. 20, the ninth named the Associated Press Top Ten this year's U.S. economic news. .Among them, the rapid cooling U.S. housing market topped the list, followed by Enron final ranking; noticeable is the strong development momentum of China was selected as "Top Ten" ninth. .</ P> <P> the top ten economic news were: </ P> <P> 1, the housing market slowdown. .According to Moody's predicted that existing home sales median price in 2007 than in the United States decreased by 3.6% this year, which is the 20th century, 30 years since the Great Depression, U.S. home prices fell for the first time throughout the year. .</ P> <P> 2, Enron final trial. .Enron founder and former chairman Kenneth Lay and former CEO Jeffrey Skilling were convicted, Lay died before the final sentencing, Skilling will begin on December 13 of its 24 years and 4 .month long sentence. .</ P> <P> 3, option "backdating" scandal. .Many U.S. company executives involved in the disclosure of option "backdating" of fraud. .As of December 19, at least 195 companies have announced internal investigations or to accept this federal investigation, at least 59 senior executives to step down. .</ P> <P> 4, auto industry into trouble. .American cars, especially sport utility vehicle market share of the rapidly declining, resulting in troubled U.S. auto industry. .Ford and General Motors this massive layoffs, the stock has become "trash stocks." .</ P> <P> 5, oil price fluctuations. .Middle East tensions and strong demand drive oil prices was the highest ever achieved more than 78 U.S. dollars per barrel, oil companies earned pours so. .But since August, international oil prices dropped significantly, the current total decline to 20%. .</ P> <P> 6, changes in gasoline prices. .Affected by high crude oil prices, refining capacity and concerns hurricanes and other factors, this summer, gasoline prices high of $ 3.04 per gallon. .High oil prices fuel U.S. cars on the formation of a heavy blow. .Although the subsequent decline in gasoline prices, but the car still lingering fear. .</ P> <P> 7, the Fed stopped raising interest rates. .From June 2004 to 1%, the Fed would be short-term interest rates all the way to June 2006 of 5.25%. .Although the Fed stopped raising interest rates since, but Fed Chairman Ben Bernanke said inflation remains vigilant, which means interest rates remains a possibility. .</ P> <P> 8, HP "phone gate" scandal. .Hewlett-Packard board's internal quarrels with this humiliating incident from the results of tapping end. .Chairman of the Board Xipateli Xiadeng En eavesdropping as directors and journalists involved in the incident have been expelled from phone board. .</ P> <P> 9, China's development momentum. .China's economic growth this year expected to exceed 10%, trade surplus with the United States reached a record high. .</ P> <P> 10, the Dow Jones index of a new high. .The Dow Jones industrial average broke through the 12,000 point mark. .Standard & Poor's 500 stock index is close to 2000 high point, only the Nasdaq composite index still had its highest ever level for some distance. .</ P>.