Tag: China

China’s economic growth cools in Q3, inflation eases

China’s economic growth cools in Q3, inflation eases

October 18, 2011 More
Chinaa��s inflation rate eases in August

Chinaa��s inflation rate eases in August

Inflation in the worlda��s second largest economy eased last month after reaching a 3-year high in July. According to the National Statistics Bureau, consumer prices rose by 6.2% in August on an annual basis, compared with 6.5% the previous month. Several other economies throughout the world are battling with higher inflation, particularly in Asia, which […]

September 9, 2011 More
China manufacturing activity improves in August

China manufacturing activity improves in August

Manufacturing activity in China grew for the first time in four months in August, two separate surveys have revealed. Firstly, the official China Federation of Logistics and Purchasing (CFLP) said its purchasing managersa�� index (PMI) edged higher to 50.9 last month from Julya��s reading of 50.7. The index remains just above the crucial 50 level, […]

September 2, 2011 More
China’s trade surplus reaches two-year high in July

China’s trade surplus reaches two-year high in July

August 10, 2011 More
China’s inflation rate gathers pace in July

China’s inflation rate gathers pace in July

August 9, 2011 More
China manufacturing growth slows further

China manufacturing growth slows further

Manufacturing activity in China eased further last month, two separate surveys have revealed today. Firstly, the official China Federation of Logistics and Purchasing (CFLP) said its purchasing managers index (PMI) fell to 50.7 last month from Junea��s reading of 50.9. Secondly, the HSBC China Manufacturing PMI also suggested activity is slowing with the index falling […]

August 1, 2011 More
Rising inflation to hit Asia’s growth

Rising inflation to hit Asia’s growth

July 28, 2011 More
China’s economic growth cools

China’s economic growth cools

July 13, 2011 More
Chinese inflation hits 3-year high in June

Chinese inflation hits 3-year high in June

Inflation in the worlda��s second largest economy reached the highest level in 3 years in June a�� suggesting that the central bank will continue to lift interest rates. Just last week, the Peoplea��s Bank of China raised rates for the third time this year to combat stubbornly high inflation. Many other central banks in Asia […]

July 11, 2011 More
China lifts rates to combat inflation

China lifts rates to combat inflation

The Peoplea��s Bank of China has today lifted interest rates a�� the third time this year a�� as it battles to tame inflation. Inflationary pressures are rife in Asia and many central banks have opted to hike interest rates in an attempt to combat rising prices. The bank said the one-year lending rate will rise […]

July 6, 2011 More
China manufacturing growth slows further

China manufacturing growth slows further

Manufacturing activity in China eased last month, two separate surveys have revealed today. Firstly, the official China Federation of Logistics and Purchasing (CFLP) said its purchasing managers index (PMI) fell to 50.9 in June from Maya��s reading of 52 a�� the lowest level since February 2009. The reading was also lower than expectations of a […]

July 1, 2011 More
China property prices ease in May

China property prices ease in May

Official figures today revealed China house prices slowed in May, suggesting the Governmenta��s attempts to cool house prices is taking effect. The Government has launched several initiatives to avoid a property bubble. It recently announced plans to introduce a property tax, while making it more expensive to buy second homes, by lifting the minimum down […]

June 20, 2011 More
Chinese inflation hits 34-month high

Chinese inflation hits 34-month high

Inflation in the worlda��s second largest economy reached the highest level in 34 months in May as food prices continue to rise. Consumer prices rose by 5.5% in May on an annual basis a�� higher than expectations of an annual rate of 5.3%. Food prices (the primary factor behind stubbornly high inflation) remain high, rising […]

June 14, 2011 More
Chinaa��s trade surplus rises in May on soaring imports

Chinaa��s trade surplus rises in May on soaring imports

The Customs Agency has today reported slower growth in Chinaa��s exports, rising by 19.4% in May on an annual basis but much slower than the 29.9% rate in April. The rate was also less than the market forecast of a 21% increase. Meanwhile, imports surged by 28.4% on an annual basis a�� beating expectations of […]

June 10, 2011 More
Chinese manufacturing slows in May

Chinese manufacturing slows in May

Manufacturing activity in China eased last month, two separate surveys have revealed today. Firstly, the official China Federation of Logistics and Purchasing (CFLP) said its purchasing managers index (PMI) dipped to 52 in May from 52.9 in April. While the reading was better than expectations of 51.6, it represented the lowest for nine months. Secondly, […]

June 1, 2011 More
US trade deficit pushed up by rising oil import costs

US trade deficit pushed up by rising oil import costs

The US trade deficit swelled in March to $48.18 billion (A?29.5 billion) a�� up from $45.4 billion the previous month. The widening was attributed to higher prices for imported oil, the Commerce Department reported. Imports rose 4.9% to $220.8 billion, while exports grew 4.6% to a record high of $172.7 billion a�� the largest monthly […]

May 12, 2011 More
Chinese inflation eases in April

Chinese inflation eases in April

Inflation in the world’s second largest economy cooled last month as food prices eased slightly. Consumer inflation fell to 5.3% in April on an annual basis, down from March’s 3-year high of 5.4%. Today’s figures suggest attempts by the Government to rein in prices are having a positive impact. There have been fears of the […]

May 11, 2011 More
China’s trade surplus swells in April

China’s trade surplus swells in April

May 10, 2011 More
China and US to hold talks over currency issues

China and US to hold talks over currency issues

China and the US are set to hold economic talks in Washington DC next month as the two countries endeavour to reach an agreement over currency issues. The State Department announced yesterday: a�?The third meeting of the U.S.-China Strategic and Economic Dialogue (S&ED) will be held in Washington, DC, May 9-10, 2011.” China has been […]

April 26, 2011 More
China’s house price growth eases in March

China’s house price growth eases in March

The National Bureau of Statistics has today revealed Chinese property growth eased in March. Chinaa�?s property prices have remained stubbornly high despite several Government incentives to avoid a property bubble. The country continues to grapple with high inflation in property and food prices. However, property prices slowed in March with fewer cities recording an increase, […]

April 18, 2011 More