China's National Competitiveness Ranks 17th Globally: CASS
China has made a big stride in national competitiveness during the period from 1990 to 2008, ranking 17th globally.
G20 Finance Chiefs Agreed to Curb Currency War
The G20 members “will towards more market-determined exchange-rate systems that reflect underlying economic fundamentals and refrain from competitive devaluation of currencies.”
China Q4 GDP Growth to Drop to 8.8Pct: Essence Securities
The economic momentum on a quarterly basis turned into a modest recovery spiral from the rapid decline in the second quarter, and the fourth quarter GDP growth is to continue to fall to 8.8 percent.
Latin America Becomes China's Second-largest Investment Destination
China has tightened its economic ties with Latin America countries, making the region the second largest investment destination.
China Growth to be Around 9Pct, Thanks to 3 Growth Engines: Official
Three growth engines – urbanization, expansion of domestic consumption and greening capacity – will sustain China’s economy growth at 9 percent over the next five to ten years.
China to See Three Hikes of Reserves Next Year: Nomura
China will expect another three hikes of required deposit reserves in its banks next year, as large capital inflows continue flooding into the country due to loosening monetary policies in G3.
China Central Bank Unexpectedly Raises Interest Rate
The central bank on Tuesday raised interest rates for the first time in nearly three years in an attempt to combat inflation and soak up excessive market liquidity.
China Top Official Reaffirms Gradual Currency Reform
China is committed to pushing forward the gradual currency reforms while maintain the currency at a stable and balanced level.
World Bank Projected East Asia GDP Growth at 8.9Pct
The World Bank has projected East Asia's economic growth at 8.9 percent, while warning capital risks to the stability of economy.
China Raises U.S. Debt Holdings in August
China increased its holdings by 21.7 billion U.S. dollars to 868.4 billion U.S. dollars in August from 846.7 billion U.S. dollars in July.
China Leading Economic Index Continues to Rise in August
“The China LEI’s increase in August suggests continuing growth and receding risks of a slowdown in coming months.”
Hot Money Influx May Stand at $16 Bln in Q3
The hot money inflows into China are likely to reach 16 billion U.S. dollars in the third quarter this year, according to Morgan Stanley chief economist.
China's Top Think Tank Proposes CPI Target Hike
China’s CPI is likely to peak in the third quarter this year, and decline from the fourth quarter until the first half of next year, while go up again since the third quarter in 2011.
China Runs Surplus Under Current, Capital & Financial Accounts in H1
The current account surplus stood at 126.5 billion U.S. dollars and the surplus of capital and financial account hit 90 billion U.S. dollars in the first six months this year.
Global Inflation to Occur in 2011: Bank of China
Emerging markets, especially, would see a substantial rise in inflationary pressure, which would make them further tighten monetary policy and strengthen the flexibility of exchange rate when necessary.
Kahn Denies Link Between IMF Quota Reform and Currency Rate
IMF Managing Director Dominique Strauss-Kahn on Saturday denied any link between the quota reform of the fund and currency issue in emerging market.
The Renminbi Goes Forth
The dilemma that officials face is that the impact of a fall in exports as a result of RMB appreciation will be felt acutely and immediately, whereas the large welfare losses due to the evaporation of the value of China’s foreign-exchange reserves will be borne by society as a whole – but not immediately.
Zhou Xiaochuan: China's Currency Reform Has to be Gradual
Zhou Xiaochuan rejected a “shock therapy,” arguing that any sharp appreciation of the yuan would create a wave of bankruptcy and social upheaval in China.
IMF Kahn: World Economy Faces 4 Key Challenges
The world economy would face key challenges including the sovereign debt, jobless recovery, financial sector reform and global cooperation.
Currency War Looms Between China, Europe & US: CASS
The instability of the yuan will cause disasters not only to China, but also to the world.
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