Global investment banks, including China International Capital Cor., Nomura Securities and JPMorgan, forecast slowing growth in Chinese economy for 2012
The real effective exchange rate of China’s RMB has declined 0.78 percent in November from the previous month, the fifth monthly decline in the year.
China cut 14.2 billion U.S. dollars in holdings of U.S. Treasuries in October, but is still the largest U.S. creditor.
China should place more weight on the development of real economy, says Zhou Xiaochuan, central bank governor.
The recent losing streak of the Chinese currency is likely to end, with slim chances of a sharp depression of the yuan, analysts say.
Growth is slowing in major economies around the world, with activities slacking to the weakest point in two years.
Exports growth is likely to slow to a single-digit pace in the coming year, adding more headwinds to China’s growth. But easing inflation should allow more aggressive easing to support growth and jobs.
China marks decade in WTO; its entry has benefited both the Chinese people and people all around the world, said Chinese President Hu Jintao
Cao said continuous fall of RMB against the U.S. dollar is not necessarily bad for the Chinese economy.
China's GDP is likely to grow at 8.9% while its CPI growth is expected to be 4.6% in 2012.
China's imports is likely to reach 8000bn yuan in the next 5 years.
PBC's foreign exchange assets in October post first monthly fall in 8 years.
Bank reports estimated China's CPI gorwth is likely to fall below 5% in November year-on-year,and China may reduce the reserve requirement ratio in December.
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