News Source: Asian Wall Street Journal
| about 1 month ago
Economists expect a decline in the rate of acceleration of China's economic growth as the initial impact of the massive government stimulus plan fades, according to a new poll by The Wall Street Journal. China's official figures for economic growth --...
News Source: Sydney Morning Herald
| about 1 month ago
The strength of China's rebound led the bank to increase its growth forecast for developing East Asia by 1.3 percentage points to 6.7 per cent, though it cautioned the region was struggling and would grow by as little as 1 per cent if China were...
News Source: Financial Times
| about 1 month ago
A rapidly falling surplus would signal that the stronger than expected recovery in recent months is bringing about some rebalancing of the Chinese economy . The World Bank, which also raised its forecast for Chinese growth this year, said the current...
News Source: Australian Broadcasting Corporation
| about 1 month ago
It says East Asian economies are recovering from the world financial crisis but that this is almost entirely due to the strength of the Chinese economy. A new World Bank report has also warned that China cannot rely so much on exports and investment...
News Source: The Age
| about 1 month ago
THE World Bank has again raised its gross domestic product forecast for China but has warned of rising risks linked to expansionary policies and a lack of currency and structural reform. The bank said China should grow by 8.4 per cent this year and...
News Source: Sify News
| about 1 month ago
With its external surplus melting like a snowman in the sun, China is likely to give short shrift to any attempts to blame it for the woes of the world economy when finance ministers meet in Scotland at the end of the week. Beijing feels aggrieved...