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  • April 24, 2014
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  1. Balance key as Beijing tackles inflation, growth

    Posted Apr 17th 2008, 12:00am by Cary Huang

    ... analysis Cary Huang in Beijing With the mainland economy steaming ahead despite a looming global recession, Beijing is expected to refocus its attention on monetary tightening to curb soaring inflation. But economists warn that policymakers need to ensure they do not step on the brakes too hard or it could lead to a bruising slump. China's economy grew 10.6 per cent ...

  2. Slump worries spark shift in macro policies

    Posted Apr 02nd 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Mainland aims to avoid slowdown Beijing has for the first time named averting an economic slowdown as a top priority, with officials becoming increasingly fearful ... but not about a slowdown. 'It is apparently a significant policy change and is in sharp contrast to what was set a few months ago,' said Huang Yiping, the chief Asia economist at Citigroup. ...

  3. Government is confident inflation target can be met

    Posted Mar 07th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Officials outline steps to rein in food prices, boost output Inflationary pressure from food price rises was growing but the government was confident the increase in the consumer price index this year would be close to its 4.8 per cent target, the chief economic planner said yesterday. Ma Kai said inflation was the government's top priority and it had ...

  4. Wen warns of threat from global economic slowdown

    Posted Mar 06th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Premier Wen Jiabao warned yesterday that the mainland should prepare to deal with increasing external challenges from a global slowdown. 'China is now at a critical period in its reform and development, and we must be fully prepared for changes in the international environment and become better able to defuse risks,' Mr Wen said. He devoted ...

  5. Fighting inflation the top priority, says Wen

    Posted Mar 06th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Premier signals price curbs and steps to boost food supply Premier Wen Jiabao has called for stern measures to tame soaring inflation and pledged to take steps to help citizens hit by the rising prices of food and daily necessities. In his government work report, delivered to the annual National People's Congress session which opened in Beijing ...

  6. Premier to lower target for economic growth

    Posted Mar 05th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Wen to indicate easing policy in work report Premier Wen Jiabao will indicate a relaxation of government policy today when he sets a much slower growth target and forecasts much higher inflation this year amid increasing uncertainties in the global and domestic economies. In his government work report, to be delivered at today's first plenary session ...

  7. World Bank urges Beijing to raise rates

    Posted Mar 08th 2008, 12:00am by Cary Huang

    ... Mainland central bankers should not refrain from raising interest rates just because of fears that a higher yield would invite unwanted hot money, the World Bank's newly appointed chief economist said. Justin Lin Yifu, a Peking University professor a ...

  8. Fiscal reins easing amid ice storms

    Posted Feb 02nd 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Policymakers are quietly loosening the monetary reins after the worst snowstorms in half a century took their initial toll on economic activities in the first month of the year and threaten to stunt overall growth in the first quarter, according to analysts. The Purchasing Managers Index, a gauge of nationwide manufacturing activity, fell to 53 in January from ...

  9. Central bank to break out weapons to cool economy

    Posted Dec 22nd 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing Authority to tighten monetary policy to curb inflation The central bank said yesterday it would use various tools to implement a tighter monetary policy, a day after it raised interest rates. In a statement following its fourth-quarter monetary policy meeting, the People's Bank of China also said it would curb overly rapid credit growth and strengthen ...

  10. Beijing gets tougher on overheating

    Posted Dec 06th 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing and Daniel Ren in Shanghai Policymakers shift from prudent to tight fiscal stance to rein in growth and curb inflation Beijing yesterday signalled a tougher stance ... cent to 29,345.45 points. 'The new policy reflects policymakers' concerns over the risk of economic overheating and inflation,' said Huang Yiping, the chief Asian economist ...




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