- China's State Web to go Public in June
People.com.cn, the online news portal of the official organ newspaper, The People’s Daily, is eyeing an initial public offering (IPO) as early as in June.
- China CPI may Decline in Feb. – Reports
China’s consumer price index will decline slightly from January’s 4.9 percent while chances for hikes in reserve requirements and rates still exist.
- The Chinese Mirror
The debate raging 10 years ago about China’s rapid growth – whether it represents a danger or an opportunity – has now settled into broad agreement that wider regional development would be impossible without it.
- Why Europe Needs Automatic Haircuts
The eurozone urgently needs a crisis mechanism with automatic haircuts for cases of impending insolvency. That way, limited interest-rate spreads could do the work of its missing exchange-rate mechanism.
- Need Versus Greed
If greed dominates, the engine of economic growth will deplete our resources, push the poor aside, and drive us into a deep social, political, and economic crisis.
- HSBC China Feb. PMI 51.7, Official 52.2
The HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, fell to a seven-month low in February at 54.5.
- Economist Lu Zhengwei Sees a Further Rate Hike in Q2
There are no signs of easing in current tightening measures, and a further rate hike is likely to be seen in the second quarter this year, along with a probable deposit rate adjustment in March, said Lu Zhengwei.