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  1. Business - Economy

    China services sector growth slows, PMI shows

    Posted Jan 03rd 2014, 09:17am by Reuters

    ... Reuters in Beijing Growth in China’s services sector fell to a four-month low last month as business expectations dropped, a government survey showed, adding to evidence that the world’s ... economists that inflation will grind higher in coming years, as a depleting supply of low-cost labour pushes up wage and production costs. A Reuters poll in October found economic growth was expected ...

  2. Business - Economy

    How to tell if China is serious about economic reform this time

    Posted Nov 04th 2013, 10:28am by Reuters

    ... Reuters in Tokyo The message from Beijing could not have been clearer: China needs to shift to a more balanced economy that is socially and environmentally sustainable. That was the conclusion of a key Communist Party meeting a decade ago, yet what followed was more of the same: rapid investment-led expansion, which turned China into the world’s No 2 economy, but left it laden ...

  3. Business - Economy

    State Council calls for more effort in revamping economy

    Posted Oct 21st 2013, 10:55am by Reuters

    ... Reuters in Beijing China’s cabinet called for greater effort in revamping the economy because a recovery is not yet solid, seeking quicker progress on industrial restructuring and increasing consumption while guarding against risk and protecting people’s livelihoods. In a statement issued on Sunday following a meeting on Friday, the State Council reiterated that the country ...

  4. Business - Economy

    China services sector maintains steady growth, HSBC PMI shows

    Posted Dec 04th 2013, 09:56am by Reuters in Beijing

    ... Reuters in Beijing China’s services industry grew at a steady pace last month, a private survey showed on Wednesday, a further indication of strength in the world’s second-largest economy as the government embarks on a sweeping restructuring drive. The HSBC/Markit services PMI stood at 52.5, little changed from October’s 52.6 and above the 50 line that separates expansion from contraction. ...

  5. Business - Economy

    Economic data from China and Europe raises concern

    Posted Feb 20th 2014, 10:28am by Reuters

    ... Reuters in London Data from China and Europe raises concern Downbeat surveys of economic activity in China and parts of Europe highlighted the fragility of the global recovery and raised concerns about the withdrawal of monetary stimulus. A contraction in Chinese manufacturing set the gloomy tone, which was reinforced by data showing an unexpected stall in activity across the euro ...

  6. Business - Economy

    China's economy to grow 7.5 per cent this year, IMF says as it raises global forecast

    Posted Jan 22nd 2014, 02:57pm by Reuters in Washington

    ... Reuters in Washington The International Monetary Fund raised its global growth forecast for the first time in nearly two years on Tuesday, saying fading economic headwinds should permit advanced countries to pick up the mantle of growth from emerging markets. But the IMF warned that richer countries were still growing below full capacity, and it added the spectre of deflation ...

  7. Business - Economy - ECONOMY

    China needs 7.2pc economic growth, Premier Li Keqiang says

    Posted Nov 05th 2013, 12:10pm by Reuters, Kwong Man-ki

    ... Reuters and Kwong Man-ki in Beijing phoenix.kwong@scmp.com Premier says GDP growth of 7.2pc is minimum needed to ensure stability in the labour market Li sets out growth rate needed for jobs The mainland needs to sustain economic growth of 7.2 per cent to ensure a stable job market, Premier Li Keqiang said in remarks published yesterday, one of the few times a top official has ...

  8. Business - Money

    China June flash HSBC PMI at 9-month low

    Posted Jun 20th 2013, 09:52am by Reuters

    ... Reuters in Beijing Activity in China’s vast manufacturing sector weakened further in June to a 9-month low as new orders faltered, a preliminary survey of purchasing managers showed on Thursday, reinforcing signs of tepid economic growth in the second quarter. The flash HSBC Purchasing Managers’ Index fell to 48.3 in June from May’s final reading of 49.2, drifting further away ...

  9. Business - Economy - INFLATION

    China inflation slows to 2.1pc, lending falls point to economic weakness

    Posted Jun 09th 2013, 12:10pm by Reuters in Beijing

    ... Reuters in Beijing China’s annual consumer inflation slowed in May while growth in bank lending fell below expectations, data showed on Sunday, piling up more evidence that the world’s ... prices fell 2.9 per cent from a year earlier, the lowest since September. Economists polled by Reuters had expected annual consumer inflation of 2.5 per cent and factory-gate prices to fall 2.5 ...

  10. Business - Economy - ECONOMY

    Manufacturing output expected to be subdued

    Posted Jun 08th 2013, 03:00am by Reuters

    ... Reuters in Beijing Weak demand likely restrained investment and factory growth last month, analysts say Manufacturing output expected to be subdued Growth in mainland investment and factory output probably remained listless in May on soft domestic demand, a Reuters poll showed, heightening risks that the Chinese economy may cool further in the second quarter. Those hoping ...




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