Xinhua Finance/MNI China Business Survey: Sentiment Stable at High Level in August

Xinhua Finance/MNI China Business Survey: Sentiment Stable at High Level in August

August 31, 2007

    SHANGHAI, China, Aug. 31 /Xinhua-PRNewswire/ -- Xinhua
Finance Limited ("Xinhua Finance"; TSE Mothers:
9399) and Market News International (MNI), a part of the
news service line of Xinhua Finance, today announced the
August Xinhua Finance/MNI China Business Sentiment Survey.
The results of the survey show conditions in August
remained stable at the high levels seen the previous two
months.

    (Logo: http://www.xprn.com/xprn/sa/200702151700.gif )

    There was very little change in either current
conditions or future expectations in August, with both
remaining strongly in positive territory.

    While both current conditions and expectations indices
were below levels seen in the first half the year, this is
largely explained by the sharp rise in the number of
respondents moving from reporting improving conditions to
reporting no change. The number reporting a deterioration
in either current conditions or future expectations
remained very small.

    Price pressures were a major theme in the August
results, underscoring pressures that the Chinese government
faces in keeping inflation under control.

    The monthly survey of 148 companies was conducted
August 9-28 and comes amid rising interest rates and other
measures imposed by the government to slow what some say is
an overheating economy.

    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 us via [e-mail] .

    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 ( 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.


    More Information: 

    Xinhua Finance
    Hong Kong/Shanghai

     Ms. Joy Tsang
     Tel:   [phone],
[phone]
     Email: [e-mail]
    
     Mr. Scott Zhang
     Tel:   [phone]
     Email: [e-mail]