Xinhua Finance/MNI China Business Survey: New Record

Xinhua Finance/MNI China Business Survey: New Record

April 27, 2007

    SHANGHAI, China, April 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 April Xinhua Finance/MNI China business
sentiment survey. The results of the survey suggest that
Chinese companies are continuing to see booming growth
conditions and, despite warnings of more government
tightening measures, they remain confident strong growth
will continue.

    (Logo: http://www.xprn.com/xprn/sa/200611140926.gif )

    Indexes measuring sentiment for current and future
business conditions hit record highs in the April survey,
while the indexes on employment, production, inventories
and prices received were also all at or near record highs.


    The monthly survey, which was conducted April 9-24,
builds on an upswing in sentiment seen towards the end of
last year and, more strikingly, at the start of 2007.
April's is the fourth straight month of generally improved
survey findings and comes amid a broad reacceleration in
economic activity in China following a moderate slowdown in
the second half of last year.

    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, such as last
summer's slowdown or the pickup in activity seen since last
fall. 

    To receive a full version of the survey, or to find out
more about Xinhua Finance and Market News International,
please contact Amy Pang, Managing Director of Xinhua
Finance News Division, via [e-mail] .

    About Xinhua Finance Limited 

    Xinhua Finance Limited is China's unchallenged leader
in financial information and media,  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 serves financial institutions,
corporations and re-distributors through four focused and
complementary service lines: Indices, Ratings, Financial
News and Investor Relations.  Founded in November 1999, the
Company is headquartered in Shanghai with 20 news bureaus
and offices in 19 locations across Asia, Australia, North
America and Europe.  

    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:   [phone]
             [phone]
             [phone]     
      Email: [e-mail]

      Mr. Scott Zhang 
      Tel:   [phone]
      Email: [e-mail]

     Japan 

      Mr. Sun Jiong
      Tel:   [phone]
      Email: [e-mail]

    Taylor Rafferty (Media/IR Contact)

     Japan 

      Mr. James Hawrylak
      Tel:   [phone]
      Email: [e-mail]

     United States

      Mr. John Dudzinsky
      Tel:   [phone]
      Email: [e-mail] 

     Europe

      Faisal Kanth
      Tel:   [phone]
      Email: [e-mail]