Chief Economics Correspondent, China
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May 1, 2011

China manufacturing growth slows in April, hit by tightening

BEIJING (Reuters) – China’s manufacturing growth slowed in April, a survey showed on Sunday, suggesting that the government’s tightening efforts have weighed on the world’s second-largest economy more heavily than expected.

The official purchasing managers’ index for China fell to 52.9 in April from 53.4 in March, well shy of market forecasts for an increase to 54.0.

Apr 12, 2011

Chinese clout seen in Brazil, Greece, Spain meetings

BEIJING, April 12 (Reuters) – China’s growing global
economic footprint was on display on Tuesday, with a Greek
minister saying Beijing will help his country overcome its debt
crisis and a Brazilian official brandishing a big jet order from
Chinese airlines.

A parade of foreign leaders are in China this week to attend
a summit of BRICS countries — Brazil, Russia, India, China and
South Africa — and the Boao business forum on the southern
Chinese island of Hainan.

Apr 7, 2011

China tightening cycle nears end, bubble risk just beginning

BEIJING (Reuters) – China’s latest interest rate increase puts it near the end of a sustained campaign of monetary tightening, a shift in policy stance that will support economic growth this year but lay the groundwork for asset bubbles down the road.

The steady drip-drip of actions to tame inflation since October has succeeded in reining in money growth and slowing the upward momentum of price pressures.

Mar 29, 2011

Analysis – China G20 to go nowhere fast on world currency reform

BEIJING (Reuters) – A lack of cohesion on global monetary reform will be on display this week when the Group of 20 wealthy and developing economies meets in China for a seminar, an event that was supposed to have been a starting point for Sino-French efforts to design a new global currency order.

At the start of its year-long G20 presidency, the French government thought it could count on China as a partner in spearheading change. Four months on, those hopes have been dashed by the reality of conflicting national interests and the enormity of the challenge in any serious attempt at reform.

Mar 29, 2011

Analysis – China G20 to go nowhere fast on currency reform

BEIJING (Reuters) – A lack of cohesion on global monetary reform will be on display this week when the Group of 20 wealthy and developing economies meets in China for a seminar, an event that was supposed to have been a starting point for Sino-French efforts to design a new global currency order.

At the start of its year-long G20 presidency, the French government thought it could count on China as a partner in spearheading change. Four months on, those hopes have been dashed by the reality of conflicting national interests and the enormity of the challenge in any serious attempt at reform.

Mar 29, 2011

Analysis: China G20 to go nowhere fast on global currency reform

BEIJING (Reuters) – A lack of cohesion on global monetary reform will be on display this week when the Group of 20 wealthy and developing economies meets in China for a seminar, an event that was supposed to have been a starting point for Sino-French efforts to design a new global currency order.

At the start of its year-long G20 presidency, the French government thought it could count on China as a partner in spearheading change. Four months on, those hopes have been dashed by the reality of conflicting national interests and the enormity of the challenge in any serious attempt at reform.

Mar 29, 2011

China G20 to go nowhere fast on global currency reform

BEIJING (Reuters) – A lack of cohesion on global monetary reform will be on display this week when the Group of 20 wealthy and developing economies meets in China for a seminar, an event that was supposed to have been a starting point for Sino-French efforts to design a new global currency order.

At the start of its year-long G20 presidency, the French government thought it could count on China as a partner in spearheading change. Four months on, those hopes have been dashed by the reality of conflicting national interests and the enormity of the challenge in any serious attempt at reform.

Mar 28, 2011

China can meet 4 pct inflation target – official paper

BEIJING, March 28 (Reuters) – China will be able to cap
inflation below the full-year target of a 4 percent average rise
in prices, the People’s Daily said in a front-page editorial
published on Monday.

As the main newspaper of the ruling Communist Party, the
People’s Daily commentary reflects growing confidence in Beijing
that the government has inflation under control, despite soaring
global fuel prices.

Mar 24, 2011

Global economic recovery marches on, prices soar in Europe

LONDON/BEIJING (Reuters) – The global economic recovery marched on this month, shrugging off a devastating earthquake and tsunami in Japan, but Middle East turmoil is pushing prices higher, business surveys showed on Thursday.

The euro zone’s dominant service sector accelerated and while its factories saw solid but slower growth, their Chinese counterparts stepped up a gear, Purchasing Managers’ Indexes compiled by Markit found.

Mar 24, 2011

Recovery marches on, prices soar in Europe

LONDON/BEIJING, March 24 (Reuters) – The global economic
recovery marched on this month, shrugging off a devastating
earthquake and tsunami in Japan, but Middle East turmoil is
pushing prices higher, business surveys showed on Thursday.

The euro zone’s dominant service sector accelerated and
while its factories saw solid but slower growth their Chinese
counterparts stepped up a gear, Purchasing Managers’ Indexes
compiled by Markit found.

    • About Simon

      "Simon has been chief economics correspondent for China since October 2010. He joined Reuters in 2006 and spent a year in London before being posted to Beijing. Simon has a B.A. from McGill University in Canada and a Master's from the University of Oxford."
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