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  • September 18, 2014
  • Last updated: 10:47pm
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  1. Business - Economy - CHINA

    China's finances weaker than data show, IMF report says

    Posted Jan 15th 2014, 11:59am by Celine Sun

    ... Mainland's finances belie data, IMF says The mainland's fiscal position is weaker than official data shows but not significant enough to cause alarm, the IMF said in a report released yesterday. ... The IMF report said the mainland's augmented fiscal debt was still at a manageable level, but added that the report's estimates excluded the local governments' contingent ...

  2. Business - Economy - CHINA

    IMF warns China of risks in investment binge

    Posted May 30th 2013, 12:00am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com With concerns rising over debt in the mainland's lower tiers of government, the agency expresses fears for economic stability IMF warns ... may threaten economic sustainability. The IMF's alert underscores the challenges facing the mainland's new leaders as they seek to lessen financial risk while keeping economic growth ...

  3. Lifestyle - Books - CHINA

    Book review: The Contest of the Century, by Geoff Dyer

    Posted Mar 23rd 2014, 03:52pm by Mark O'Neill

    ... an alternative system of global development financing that has the potential to make the Washington institutions [World Bank and IMF] less relevant," he writes. In the battle between the two ...

  4. Business - Economy - CHINA

    China factory output rises to 2-year high

    Posted Jan 24th 2013, 11:24am by Victoria Ruan

    ... still tepid external demand, the domestic-driven restocking process is likely to add steam to China's ongoing recovery in coming months," he said. The International Monetary Fund (IMF) maintained on Wednesday its projection for China's economy to grow 8.2 per cent this year after a 7.8 per cent gain in 2012. But the IMF predicted the euro-zone's economy would contract ...

  5. Business - Economy - CHINA

    World relies on Xi Jinping's economic moves

    Posted Nov 15th 2012, 12:00am by BLOOM

    ... migrating to cities." This interpretation is much more encouraging, as it suggests that China could reopen the tap of migration with policy changes. The IMF says that reality ...



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