China Archive

PBOC to stick to ‘tight’ stance

PBOC to stick to ‘tight’ stance Goldman Sachs raises China’s 2008 inflation forecast to 6.8% To the extent ‘actual inflation’ (whatever that actually is- I realize the difficulties in that statement) is higher ‘actual real growth’ (same qualifications) is lower. Might partially explain high sustained rates of ‘real’ growth? ...Read More

2008-01-24 China Highlights

Highlights: China growth reaches 13-year high Still importing heaps, including capital goods. China’s 11.2% Fourth-Quarter GDP Gain Props Up Global Growth as U.S. Slows China’s consumer price index rises 4.8 pct in 2007 Inflation is ripping, meaning higher prices for the rest of the world. Yuan Rises to Highest Since Link to ...Read More

2008-01-18 China Highlights

Highlights: China GDP growth to ease to 10.5 percent Yes, but… Property prices in major Chinese cities up 10.5% in December Yuan Gains for the Sixth Week, Its Longest Rising Streak in Seven Months Local authorities urged to make interim price control plans Banks show record figures ♥ ...Read More