Total retail sales of consumer goods grew 17.1 pct in 2011 from the previous year;Fixed asset investments in the real estate sector rose 27.9 pct
Nearly 80 percent of economists polled expect that China’s economic growth will slow to 8 to 9 percent,amid global economic downturn.
China's PPI was up 1.7% and CPI rose 4.1% year-on-year in December.
At 52.5.As monetary easing and tax cuts measures gradually filter through, growth momentum should start to improve into 2Q.
China’s central bank will maintain a “prudent” monetary stance and “ensure the continuity and stability” of policy in the coming new year, said Zhou Xiaochuan.
Chinese manufactures are still struggling as both domestic and external demands continue to cool.
Companies raised 73 billion U.S. dollars from IPOs in Shanghai, Shenzhen and Hong Kong this year, almost double the amount of money raised on the New York Stock Exchange and Nasdaq combined, according to Dealogic.
The U.S. Treasury Department did not label China as a currency manipulator,” based on the ongoing appreciation of the RMB against the dollar since June 2010"
developing counties should make preparation for the worst economic situation in 2012 amid rising global uncertainties, warned World Bank chief economsit Justin Yifu Lin.
Tariff rates for some imported goods will be decreased and imports of energy and resource-related products, advanced equipments and key parts and components will be boosted, Xie told a financial meeting.
Rising outflows combined with a significant shrinking of the current account surplus should reduce pressure on renminbi appreciation.
Global investment banks, including China International Capital Cor., Nomura Securities and JPMorgan, forecast slowing growth in Chinese economy for 2012
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.
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