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Dec 9, 2011

China industry output growth slowest in two years

BEIJING, Dec 9 (Reuters) – China’s industrial output
growth hit its slowest pace in more than two years in November
and inflation tumbled as economic conditions deteriorated,
raising expectations Beijing will ease monetary policy again.

A batch of November data largely showed that growth in the
world’s second-largest economy was slowing down further as it
feels the chill of the euro zone debt crisis, although retail
sales were stronger than expected.

Dec 9, 2011

China Nov inflation tumbles, more easing eyed

BEIJING, Dec 9 (Reuters) – China’s annual inflation
rate tumbled in November to 4.2 percent, the lowest level in
more than a year, fuelling expectations of further monetary
policy easing to combat deteriorating domestic and international
economic conditions.

The rate is now close to the government’s official target of
4 percent and has dropped rapidly since hitting a three-year
high of 6.5 percent in July.

Dec 8, 2011

China Nov inflation seen tumbling, more easing eyed

BEIJING, Dec 9 (Reuters) – China’s annual inflation
rate likely dropped in November to within sight of the
government’s official target, fuelling expectations of further
monetary policy easing to combat deteriorating domestic and
international economic conditions.

Data on inflation, industrial output, retail sales and other
economic indicators are due to be released on Friday.

Dec 2, 2011

China’s Ordos property bust offers warning sign

ORDOS, China (Reuters) – The monumental, neo-Mongolian sculptures, empty plazas and hulking concrete shells of buildings in Ordos district, deep in the steppes of Inner Mongolia, are a potent symbol of how China’s property boom can turn to bust.

Off the back of a thriving coal industry, the local government has been building a new city for one million people called Kangbashi. It sits virtually empty and property prices are falling.

Dec 1, 2011

Deal by deal, U.S. ambassador turns salesman in China

BEIJING, Dec 1 (Reuters) – Businessmen in sober suits
leapt to their feet, jostling with cameras and mobile phones to
snap a quick shot as the new U.S. ambassador to China strode to
the podium at a hotel ballroom in Jinan, in coastal Shandong
province.

Nine hours later, after a speech on energy cooperation,
signing ceremonies for deals of a few million dollars each, and
dinner with the governor, he was back on the train to Beijing.

Nov 28, 2011

China eyes European assets as debt crisis bites

BEIJING (Reuters) – China is preparing to buy up plum assets in Europe, the commerce minister said on Monday, as the escalating debt crisis leaves countries in the region increasingly vulnerable to the deep pockets of Chinese firms.

The fastest-growing major economy in the world is keen to invest in infrastructure in Western Europe, particularly in Britain, Lou Jiwei, the head of $400 billion China Investment Corp (CIC), wrote in the Financial Times at the weekend.

Nov 28, 2011

China eyes European assets as debt crisis bites-minister

BEIJING, Nov 28 (Reuters) – China is preparing to buy
up plum assets in Europe, the commerce minister said on Monday,
as the escalating debt crisis leaves countries in the region
increasingly vulnerable to the deep pockets of Chinese firms.

The fastest-growing major economy in the world is keen to
invest in infrastructure in Western Europe, particularly in
Britain, Lou Jiwei, the head of $400 billion China Investment
Corp (CIC), wrote in the Financial Times at the weekend.

Nov 28, 2011

China eyes European assets -minister

BEIJING, Nov 28 (Reuters) – China’s Commerce Minister
plans to lead an investment delegation to Europe next year,
hoping to pick up some plum assets on the crisis-hit continent.

China has been reluctant to publically commit to buying
additional European bonds, despite pleas for help, but could be
much more interested in getting hard assets for its cash.

Nov 24, 2011

Crisis casts doubt on China rebalancing plans

BEIJING (Reuters) – China has been forced into self-help mode after a series of international crises have hollowed out its export markets and left it feeling like the only man standing.

But Beijing may not have time to administer its ideal medicine — a project to spur domestic demand.

Nov 24, 2011

Analysis: Crisis casts doubt on China rebalancing plans

BEIJING (Reuters) – China has been forced into self-help mode after a series of international crises have hollowed out its export markets and left it feeling like the only man standing.

But Beijing may not have time to administer its ideal medicine — a project to spur domestic demand.

    • About Lucy

      "I am the Reuters Insider correspondent in China, where I have lived for ten of the last 15 years. Prior areas of coverage include political and general news, as well as commodities and energy policy and markets."
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