Xinhua Finance/MNI China Business Survey: Rebounds

SHANGHAI, China, March 27 /Xinhua-PRNewswire/ -- Xinhua Finance (TSE
Mothers: 9399) and Market News International (MNI), a part of the news service
line of Xinhua Finance, today announced the March Xinhua Finance/MNI China
Business Sentiment Survey. The results of the survey indicate that overall
Chinese business conditions rebounded in March from the snowstorm-depressed
reading in February, while companies are increasingly raising prices to offset
surging costs.
(Logo: http://www.xprn.com/xprn/sa/200611140926.gif )
The data, as well as comments from companies that took part in the survey,
indicate that Chinese companies have largely recovered from the storms, with
indexes measuring production and new orders rising from February levels. The
new orders index hit its highest level since October last year.
The overall conditions index rose to 65.69, up from last month's record
low at 60.31 and just below January's 67.72. The index showing expectations
for business conditions in three months stood at 71.53, largely unchanged from
February's 71.65.
The input price index fell only slightly from February's record high,
while the index measuring prices received rose to a record high for the third
month in a row.
The monthly survey was conducted March 10-25.
Since its inception in January, 2005, the survey has accurately tracked
and predicted overall Chinese economic conditions, providing important
intelligence ahead of government data. The survey has been especially
important in indicating turnarounds in the economy.
To receive a full version of the survey, or to find out more about Xinhua
Finance and Market News International, please contact us via
mni@xinhuafinance.com
Notes to Editors:

About Xinhua Finance Limited

Xinhua Finance Limited ("XFL") is China's premier financial information
and media service provider and is listed on the Mothers Board of the Tokyo
Stock Exchange (symbol: 9399) (OTC ADRs: XHFNY). Bridging China's financial
markets and the world, Xinhua Finance's proprietary content platform,
comprising Indices, Ratings, Financial News, and Investor Relations, serves
financial institutions, corporations and re-distributors worldwide. Through
its subsidiary Xinhua Finance Media Limited (NASDAQ: XFML), XFL leverages its
content across multiple distribution channels in China including television,
radio, newspaper, magazine and outdoor media. Founded in November 1999, XFL is
headquartered in Shanghai, with offices and news bureaus spanning 11 countries
worldwide.
For more information, please visit http://www.xinhuafinance.com .

About Market News International

Market News International (MNI), a Xinhua Finance company
( http://www.xinhuafinance.com ), is a financial news and information company
dedicated to the global fixed income and foreign exchange markets. MNI joined
the Xinhua Finance family in March 2004, bringing its niche expertise and
extensive distribution network. Headquartered in New York, MNI has news
bureaus and offices throughout the US, Europe and Asia.
With more than twenty years of history, MNI is a fully accredited news
agency providing focused, timely, relevant and critical intelligence for
market professionals. Its press credentials are accepted by all operations of
the U.S. Government, including the White House, the Federal Reserve, both
houses of Congress, all major agencies and cabinet departments, all similar
government operations in the G-7 countries, as well as by supranational
organizations such as the World Bank and the International Monetary Fund.
For more information, please contact:

Xinhua Finance
Hong Kong/Shanghai
Ms. Joy Tsang
Tel: +852-3196-3983 /+852-9486-4364 /+86-21-6113-5999
Email: joy.tsang@xinhuafinance.com

Mr. Scott Zhang
Tel: +86-21-6113-5996
Email: scott.zhang@xinhuafinance.com

SOURCE Xinhua Finance Limited; Market News International

Xinhua Finance - Hong Kong/Shanghai, Ms. Joy Tsang, +852-3196- 3983
/+852-9486-4364 /+86-21-6113-5999, or joy.tsang@xinhuafinance.com; or Mr.
Scott Zhang, +86-21-6113-5996, or scott.zhang@xinhuafinance.com