China and India lead the way as Asia shows strength
BEIJING/SEOUL (Reuters) – Growth in China and India powered ahead last month, providing welcome support for the global economy at a time of sluggishness in the United States and most of Europe and a faltering in Japan’s recovery.
Two surveys of Chinese executives showed broad-based strength in the manufacturing sector of the world’s second-largest economy and helped boost Asian shares outside Japan by 1.7 percent.
China, India lead way as Asia shows strength
BEIJING/SEOUL, Nov 1 (Reuters) – Growth in China and India
powered ahead last month, providing welcome support for the
global economy at a time of sluggishness in the United States
and most of Europe and a faltering in Japan’s recovery.
Two surveys of Chinese executives showed broad-based
strength in the manufacturing sector of the world’s
second-largest economy and helped boost Asian shares outside
Japan .MIAPJ0000PUS by 1.7 percent. [ID:nSGE6A0033]
More than decoupled, China is in league of its own
BEIJING (Reuters) – What’s weak is strong, what’s down is up, what’s loose is tight — pretty much everything that defines the American and European economies these days finds its diametric opposite in China.
Data and policy moves over the last week have driven home the point that China is increasingly in a league of its own.
China is in league of its own
BEIJING (Reuters) – What’s weak is strong, what’s down is up, what’s loose is tight — pretty much everything that defines the American and European economies these days finds its diametric opposite in China.
Data and policy moves over the last week have driven home the point that China is increasingly in a league of its own.
Analysis: More than decoupled, China is in league of its own
BEIJING (Reuters) – What’s weak is strong, what’s down is up, what’s loose is tight — pretty much everything that defines the American and European economies these days finds its diametric opposite in China.
Data and policy moves over the last week have driven home the point that China is increasingly in a league of its own.
China economy hums along
BEIJING (Reuters) – China’s growth ebbed in the third quarter while inflation edged just a touch higher, showing that the world’s second-largest economy was strong but far from overheating and suggesting that an interest rate rise this week may be enough for now.
Coming a day ahead of a meeting of G20 finance ministers in South Korea, where the United States and others are expected to push for a stronger Chinese currency, the data could in fact lead Beijing to put appreciation back in the slow lane.
China economy hums along, inflation stays under control
BEIJING, Oct 21 (Reuters) – China’s growth ebbed in the
third quarter while inflation edged just a touch higher,
showing that the world’s second-largest economy was strong but
far from overheating and suggesting that an interest rate rise
this week may be enough for now.
Although the suite of data published on Thursday was
broadly in line with forecasts, the numbers in fact were
something of a downside surprise after market chatter that
growth and inflation had been much stronger than expected,
prompting the surprise rate increase.
China economy slows, inflation looks under control
BEIJING (Reuters) – China’s growth ebbed in the third quarter and inflation edged just a touch higher, showing that the economy was strong but far from overheating and suggesting that an interest rate rise this week may be enough for now.
Although the suite of data published on Thursday was broadly in line with forecasts, the numbers in fact constituted a downside surprise after recent market chatter that growth and inflation had been much stronger than expected, prompting the surprise rate increase.
Q+A-Why did China raise rates and what’s next?
BEIJING, Oct 20 (Reuters) – China surprised markets on
Tuesday with its first interest rate increase since 2007, the
clearest tightening step it has taken since the country’s
stunning recovery from the global financial crisis.
Here are some questions and answers about the significance
of the move.
(For more stories on the rate move and global market reaction,
see [ID:nN19266020]
China plans escape from economic binds
BEIJING (Reuters) – China must narrow income gaps and break through tightening resource bottlenecks to unlock the potential needed for its next stage of growth, according to proposals for the nation’s next long-term development plan.
The Chinese government’s next five-year plan starting from 2011 will be its roadmap for an economy set to grow by about 50 percent to $7.5 trillion by 2015, powering past Japan as the world’s second-biggest economy, according to a study from the State Council Development Research Center, which advises leaders.
