• China´s boom areas experience slower growth
    BEIJINGA majority of China´s provinces and regions experienced a slower year-on-year economic growth rate in the first three quarters, with major boom areas leading the decline, official figures showed. Of the 29 provinces and regions that have released their growth data for the first nine months, 23 have reported a slowdown in growth spee
    Nov 11, 2011
  • Is monetary loosening underway in China?
    BEIJING, Nov. 5 (Xinhua) -- As investors speculate policy change over recent government moves, analysts say China is poised to selectively ease its tightening policies, and a full swing of monetary change seems unlikely in the short run. With both the economy and inflation cooling, the government recently mulled monetary and fiscal measures to unfreeze c
    Nov 11, 2011
  • Fed lowers U.S. economic outlook, open to further stimulus
    WASHINGTON, Nov. 2 (Xinhua) -- The U.S. Federal Reserve on Wednesday downwardly revised its projection of the country's economic outlook and reaffirmed openness to further stimulating policy if needed. The economy is expected to grow by 1.6 to 1.7 percent in 2011 and 2.5 percent to 2.9 percent next year, said the U.S. central bank in an update projection
    Nov 11, 2011
  • Foreign-funded firms continue to expand in China
    BEIJING - Foreign-funded companies continue to expand their presence in China, as they numbered 449,700 as of the end of September in the world´s second largest economy, government data showed Thursday. The figure was up 1 percent compared to that at the end of last year, according to figures released by the State Administration for Indust
    Nov 08, 2011
 
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