China May Hike Rates in February: Industrial Bank
China could further raise interest rate in February to combat rising inflation that is likely to send CPI to a new high.
Over $100 Bln Deals in Two Months, as Chinese Leaders Toured Overseas
More than 100 billion U.S. dollars worth of deals had been signed during Chinese leaders’ visits to the United States, Europe, India and Pakistan in the recent two months.
“China Understands a Stronger Yuan is in Its Best Interest”: U.S. Biden
China understands a stronger yuan is in its best interest though President Hu Jintao made no specific commitment to let the currency rise more rapidly.
Chinese Economy Sets to grow 9.3Pct, CPI Rose 4.3Pct in 2010: Reuters Poll
GDP growth in 2011 is projected at 9.3 percent, and inflation will rise 4.3 percent ,according to Reuters poll.
China GDP Rose 10.3Pct, CPI Up 3.3Pct in 2010 – Statistical Data
China’s economy grew 10.3 percent year-on-year in 2010 while inflation rose 3.3 percent from the previous year.
China, US Wrap $45Bln Deals During Hu's State Visit – Media
China and the United States on Wednesday agreed on $45 billion in U.S. export deals, including a 19 billion deal for Boeing aircraft.
China Cut U.S. Treasury Holdings by 11.2Bln in Nov.
China retained the first spot of U.S. foreign holding list with 895.6 billion U.S. dollars, even after November’s reduction.
China Trade Surplus in 2010 Down 6.4Pct
China’s trade surplus in 2010 narrowed by 6.4 percent, largely driven by rising global commodities prices.
China Central Bank Suspends Bill Sales Against Rising Rate Hike Expectation
The suspension of central bill sales will slightly offset the negative impact caused by rising deposit reserves in banks.
Fan Gang: Gradual Appreciation Eases Inflation
Former Chinese central bank advisor suggested gradual appreciation of the yuan as one of the alternatives to ease inflation pressure.
ECB, BOE Leave Interest Rates Unchanged
The ECB left rates on hold at a record low of 1 percent, which has been unchanged since 20 months ago.
Conference Board Nov. China Leading Indicator+0.7Pct
The Conference Board Leading Economic Index for China accelerated 0.5 percent in November to 155.4 (2004 = 100).
Yuan Strengthened Above 6.6 per Dollar; Currency Policy to be Discussed During Hu's Visit -Media
Chinese yuan has strengthened beyond 6.6 against the dollar, the one-week high.
China Banks Started New Year's First Week Lending with 600 Bln Yuan
Controlling liquidity to keep money growth from running too fast still remains one of the major tasks for central government in the first quarter.
China to Become World's Second Largest Consumer Market
China’s economy is growing at a pace 20-30 times faster than that in western countries, so it is likely for China to become the world’s consumption engine over three to five years.
China Signs $4.7Bln of Deals with Britain
The 15 deals worth up to 46.68 billion U.S. dollars covered areas in low-carbon development, wildlife protection, deep sea oil and gas production and co-operations in financial sectors.
China's New Lending in 2010 Hit 7.95Trl Yuan, M2 Rose 19.7Pct
China’s new lending in 2010 was 7.95 trillion yuan, and the broad money supply, or M2 rose 19.7 percent year-on-year to 72.58 trillion yuan.
700 Mln Chinese Farmers Still Could not Benefit From the Economic Growth: Li Keqiang
700 million farmers couldn’t benefit from the country’s rapid growth and prosperity.
China Inflation Sets to Rebound in Jan.: Goldman Sachs
Prices in China set to rebound in January as the year-end effect fades away, along with robust growth of real economy and ample liquidity.
China’s Tolerance for Inflation Hasn't Changed Fundamentally: CICC
Although the government raised the official inflation target from 3 percent this year to about 4 percent next year, its attitude towards inflation has not changed fundamentally.
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