Beijing Calls for New Measures to Cool Escalating Economy – AP

From Los Angeles Times (link):

China’s Cabinet called for new measures Friday to clamp down on investment and bank lending to head off signs that the country’s breakneck economy may be overheating.

Premier Wen Jiabao and other members of the State Council called for the policy changes after examining data on the money supply and investment in buildings, factories and other fixed assets, the government’s Xinhua News Agency reported.

Categories :

Tags :

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.