Says GDP numbers well within expected growth range Last night China posted lower GDP but it beat expectations Further comments on Bloomberg Number of factors pressure economy External circumstances are complicated Takes time to see effects from reforms Not complacent … Continue reading
not rely on monetary and fiscal policy to stimulate growth Livesquawk reporting comments by World Bank MD and CEO Sri Mulyani Eamonn had the earlier Chinese data here and here
Li Daokui in a statement from his research centre at Tsinghua University in Beijing vs 7.6% prev cites weakness in property investment as the primary reason for overall economic weakness expects further slowing of growth Seems to be in direct … Continue reading
Chinese State Council on the wires No further details at present will implement coal resource tax reforms will levy a coal resource tax from Dec 1 Certainly busy out there right now huh?
China’s forex regulator SAFE has uncovered almost $10 billion in fraudulent trade as part of a nationwide investigation begun in April last year, including many irregularities in the port of Qingdao. Wu Ruilin, a deputy head of SAFE’s inspection department, … Continue reading
sees volatility in cross-border flows 2-way yuan movement is going to be ” new normal” yuan may remain attractive for carry trade China to maintain surplus in trades related to real economy China’s regulator SAFE in their latest report on … Continue reading
in an attempt to promote innovation and technology improvement and encourage imports of high-tech equipment the government will promote the opening up of express delivery industry and fair market competition of the industry. MNI reporting the Chinese PM Li speaking … Continue reading
Latest report from the ratings agency Recent data showing a slowdown in Chinese investment and industrial-production growth could indicate that policy-driven macroeconomic rebalancing is taking effect. The period of adjustment was always likely to see a pick-up in macroeconomic volatility, … Continue reading
welcomes foreign companies in fair competition Speaking to CCTV More talk at the moment .. We’ll see what initiatives they come up with.
+9.0% prev Data out overnight and the lowest reading since 2008 as growth in other key sectors leads to more talk that China faces risk of major slowdown unless they start to ease monetary policy, most likely by cutting interest … Continue reading