Demand from China helps economy and central bank says fourth-quarter figure could ‘easily go beyond 5 per cent’ if momentum continues ...full story at Financial Times
from Financial Times on Mon, Oct 26 2009
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Chinese economic growth 10.6% in Q1 »
YouTube video Chinese economic growth 10.6% in Q1
Better than market expectations
Despite ice storms and power cuts in January and February
Slowdown from 11.7% in Q4
People's Bank of China tightened rules on credit, banks must keep 16% of deposits with central bank, up... |
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China's bank credit to rise in Q4: central bank » People's Daily China's bank loan demand is predicted to increase steadily, and the consumer price will continue to rebound in the fourth quarter, the central bank said in a report Friday. The expected credit surge is due to hefty capital demand for a number of... |
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Central banker: Economy bottoms out at end of 2008 » People's Daily A leading Chinese central banker said that China's economy bottomed out at the fourth quarter of 2008, and it is showing growing signs of revival now. Yi Gang, vice-governor of the People's Bank of China, the central bank, told reporters in Beijing on... |
| 04 Nov 08 |
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Govt looks to stimulate demand » People's Daily The government will further study policies to boost investment and jump-start domestic demand to add growth momentum to the economy next year, a senior official said yesterday. "A prominent problem of the economy is that it's under increasing downward... |
| 16 Sep 09 |
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China's credit card debt continues to grow: central bank » People's Daily Credit card debt in China at least six months overdue rose 131.3 percent year on year in the second quarter of 2009 to 5.77 billion yuan (845.24 million U.S. dollars), the People's Bank of China, the central bank, said Wednesday. Debts overdue by... |
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