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Credit Growth
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World Bank Expects Chinese Economy to Grow
Jan 11, 2017The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
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China Is Facing Growth Deceleration
Dec 12, 2016A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...
Tags: Chinese economy, global economy
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China's New Yuan Loans Drop in Feb.
Mar 12, 2016China saw plunging new loans in February, largely due to the Lunar New Year holiday and a record credit surge in January. New yuan-denominated lending in February dropped to 726.6 billion yuan ($111.96 billion), 297 billion yuan less than ...
Tags: China's New Yuan, new loans
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FrieslandCampina Plans To Acquire 51% Stake In Engro Foods For $460m
Mar 8, 2016Dutch dairy company Royal FrieslandCampina is planning to acquire 51% stake in Pakistani-based Engro Foods for $460m. The European dairy company has approached the Pakistan company to buy around 391 million shares from its parent company ...
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China's Monetary Policy in 2015
Jan 13, 2015The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on Friday. ...
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Activity in China's Vast Factory Sector Grew at a Milder Pace in November
Nov 25, 2013Beijing - Activity in China's vast factory sector grew at a milder pace in November as new export orders shrank, a preliminary survey showed on Thursday, bolstering expectations the economy could lose some of its vigor in the fourth quarter ...
Tags: PMI, Chinese economy
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Central Bank Said That It Will Continue Its Hands-off Stance on The Money Market
Nov 8, 2013China's central bank said on Tuesday that it will continue its hands-off stance on the money market, as it maintains a "stable" monetary policy that facilitates the nation's essential structural reforms. The central bank "will neither ...
Tags: Central Bank, Hands-off Policy
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China Is Expected to Grow at 7.5 Percent in 2013,and Slow Down to 7.4 Percent in 2014
Nov 7, 2013China is expected to grow at 7.5 percent in 2013, and slow down to 7.4 percent in 2014 and 2015, the European Union's European Commission said in a report on Tuesday. According to the EU, the major risks for the Chinese economy remain ...
Tags: China's Growth, EU
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The German Economy Is on The Verge of an Upturn Driven by Domestic Demand
Oct 29, 2013The German economy is on the verge of an upturn driven by domestic demand. The improving global economic climate and decreasing uncertainty are fuelling investment. Private consumption is benefitting from favourable employment and income ...
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The Official Manufacturing PMI Is in for August and The Numbers Are Rosy
Sep 4, 2013The official manufacturing Purchasing Managers' Index is in for August and the numbers are rosy. Sell-siders are happy. China bulls just got one more boost from a lengthening list of comfortable economic figures. “It's a real ...
Tags: Healthy PMI, Medium Firms
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Some People Think That China Is Not Only a Country, But Also a Big Factory.
Aug 30, 2013Some people think that China is not only a country, but also a big factory. Especially in textile production, China has the image of being a land of extremely large companies with tens of thousands of employees in every factory. For the ...
Tags: Textile
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China's Cabinet Is Throwing More Support Behind Small and Micro-Sized Businesses
Aug 16, 2013China's Cabinet is throwing more support behind small and micro-sized businesses by emphasizing more financing innovation and credit for the cash-thirsty private sector. 8 detailed targets have been released by the State Council, ...
Tags: China Reiterates
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Business Confidence Levels Are Showing Signs of Stabilising
Aug 6, 2013Business confidence levels are showing signs of stabilising, with the year-end outlook for profits, sales, employment and capital investment beginning to level out. After declining through much of the year, initial expectations for the ...
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Credit Crunch Should Be Seen as Part of Effort to Restrain Runaway Credit Growth
Jul 26, 2013Last month’s credit crunch should be seen as part of Beijing’s effort to restrain runaway credit growth and investment and encourage consumption spending, according to the Export Finance and Insurance Corporation. The ...
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China Should Initiate Another Round of Effective Economic Reforms to Sustain Its Growth
Jul 19, 2013The International Monetary Fund said in its Wednesday report that China should initiate another round of effective economic reforms to sustain its growth, as domestic risks to the economy grow, Reuters reported. The IMF hasn't changed its ...
Tags: Economic Reforms, IMF