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The economics of disaster |
01/17/2012 |
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by Chinadaily.com.cn | Topic: Economics
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Despite all of the gloomy economic news nowadays, if we thought that things couldn’t get much worse, we had a grim reminder this month that no country is immune to the forces of nature and the havoc they wreak. Two years ago, on January 12, 2010, Haiti was struck by a devastating earthquake that killed more than 220,000 people and shattered the country’s prospects.
As strang ...Read More |
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Balancing growth and inflation 'a challenge' in 2012 |
01/17/2012 |
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by Chinadaily.com.cn | Topic: Economics
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Despite positive results from recent efforts to curb prices, China still faces challenges in balancing inflationary pressure with stable growth, the country's top statistics official said on Monday in a published commentary.
"The basis for a smooth price level is not yet strong, and there are chances that prices may rebound," Ma Jiantang, head of the National Bureau of Sta ...Read More |
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China's 2011 GDP growth slows to 9.2% |
01/17/2012 |
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by Chinadaily.com.cn | Topic: Economics
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China's economy expanded by 9.2 percent in 2011 from a year earlier and 8.9 percent year-on-year in the fourth quarter, the National Bureau of Statistics (NBS) said Tuesday.
The quarterly growth was the slowest in 10 quarters. China set its full-year growth target at 8 percent in early 2011 after its economy grew 10.4 percent in 2010.
China's 2011 GDP growth slo ...Read More |
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Chinese leaders call for trade liberalization to address global financial problems |
11/24/2011 |
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by Chinaview.cn | Topic: Economics
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While attending three important international and regional conferences this month, Chinese leaders have put forward sweeping initiatives, including calls for further trade liberalization, to promote global trade and strong economic growth.
The intensive diplomatic activities were carried out against the backdrop of a turbulent global financial market and more practices of trade and inve ...Read More |
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China's economy faces downside risks |
11/24/2011 |
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by Chinadaily.com.cn | Topic: Economics
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The People's Bank of China (PBoC) is likely to implement more "fine-tuning" measures in the coming months to shore up economic activities as the country's economy is facing downside risks.
The HSBC flash PMI slipped back to below the 50 threshold again, falling to 48 in November, after rebounding to 51 in October from 49.9 in September. While a below-50 reading in the ...Read More |
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Chinese experts call for legislation to eliminate domestic violence against women |
11/24/2011 |
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by Chinaview.cn | Topic: Economics
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Chinese experts have called for special laws on domestic violence to better protect women ahead of this year's International Day for the Elimination of Violence against Women, which falls on Friday.
Sun Yuanming, a researcher at the Chongqing Municipal Academy of Social Science, said current Chinese laws are "rather powerless" in protecting women from domestic abuse, as th ...Read More |
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Chinese ditching fixed phones for mobile |
11/24/2011 |
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by Chinaview.cn | Topic: Economics
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This has been a year of soaring profits for China's telecom industry, according to statistics released by the country's Ministry of Industry and Information Technology on Nov. 22.
The total revenue of China's mobile communications sector for the first 10 months of the year rose 14 percent from a year earlier to more than 592.2 billion yuan. In terms of its proportion to the ...Read More |
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Trade statistics reform urged |
10/24/2011 |
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by Chinadaily.com.cn | Topic: Economics
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China is responding to proposals to reform the tabulation of trade statistics, a move that will more accurately reflect the international trade scenario, officials and experts said.
"Worked out by conventional trade calculation methods, China has a huge trade surplus. But this does not reflect the real scenario of international trade and is often misused by foreign politicians to c ...Read More |
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News Analysis: China's home prices may drop further because of macro control |
10/24/2011 |
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by Chinaview.cn | Topic: Economics
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"The rapid rise in property prices has been markedly contained, as the prices in some cities have begun to drop," the National Bureau of Statistics (NBS) spokesman Sheng Laiyun said in a press conference on October 18.
In order to keep housing prices down, the government adopted a series of tightening measures earlier this year, such as instructing local governments to set new ...Read More |
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China jails two officials for economic statistics leaks |
10/24/2011 |
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by Chinaview.cn | Topic: Economics
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Two officials have been jailed for divulging state secrets in relation to China's confidential economic statistics, procurators said Monday.
Sun Zhen, a former official from the National Bureau of Statistics, was sentenced to five years in prison for leaking 27 classified items between June 2009 and January of this year, said Li Zhongcheng, a senior procurator of the Supreme People& ...Read More |
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