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He has three times at any of the county Luonan County, the county party secretary Lei Erhu bribery 100,000 yuan. By running after buying and bribery, let Li Xue was expelled from the party, and are subject to administrative demotion, reduced to Senior Staff. Reference News Network September 12, said foreign media reports, when the Chinese policymakers in August to devalue the time, followed by a chain reaction in the global market this year, a series of vibrations generated only monetary impact of the Swiss luxury watch industry in just the latest in a . According to 'The New York Times International' reported September 8, quickly selling LVMH (LVMH) and Richemont (Richemont) and other European luxury goods company's stock investors, as well as a further slowdown in sales of luxury goods It increases fears of a new, high-end watches at least one of the manufacturers in this circle expressed confidence in the future. It reported that the head of the Tiger Heuer (TAG Heuer) and CEO of LVMH watch sector Jean - Claude ratio Wei said: 'After canceling the Swiss franc cap and, in January we suffered tsunami compared to the depreciation of the yuan is only a wave in the sea only. 'Louis Vuitton watches TAG Heuer Tiger departments, including, Hublot (Hublot) and Zenith (Zenith). He said: 'It makes us into a real crisis.' He mentioned that the Swiss National Bank unexpectedly decided to cancel the Swiss franc limit, and the limit to keep the Swiss franc pegged to the euro - January 14 exchange rate of the Swiss franc and the euro 1.20 to 1, the next day the exchange rate fell to 0.85 to 1. Before the end of August, the exchange rate was 1.08 to 1. Than Wei went on to say: 'To what exactly will happen is still too early, but the fact is that over the years our industry has had to deal with more serious situations than this, and we will do so again at present, I think, to us. has gone through the most terrible circumstances, and has entered into a period of consolidation and stability. 'he reported that Wei optimistic than the Swiss watch industry should be subject to the same generation as well, who are tired of prospects there are more obstacles . Changes in the Swiss franc increased their cost of production and sales in the region formed between a lot of the pricing change. Most Swiss watch manufacturers have to go through to raise or lower prices,