Wen Says China to Focus on Taming Inflation

Bloomberg reports that Premier Wen Jiabao has stabilizing prices as the top economic priority for China: The Premier reiterated that China faces a “very complicated, unstable and uncertain environment both at home and abroad”...

Deflation Approaches for China

The Wall Street Journal asks: China looks like it will soon slip into deflation. But will it be the good kind or the bad kind? Steep falls in global commodity prices drove a drop in China’s producer-price inflation to 2.0%...

China Plans to Boost Growth as Economy Slows

The Chinese government is drafting stimulation policies to help invigorate the economy, according to the New York Times: China’s State Council, or cabinet, met over the weekend and decided to shift the emphasis toward...

Stephen Green: Inflating China

Written by Stephen Green, head of China research at Standard Chartered Bank in Shanghai, from Wall Street Journal Asia: Many people in China right now call these the country’s Golden Years. But after a fantastic run of...

China’s Economy Still on Blistering Pace

The Shanghai stock market index slumped badly these days. Although the economy seems cooler now, the inflation is still high. The government has heavy pressure on macro-economy adjustment. From Los Angeles Times: China’s...

China Raises Prices Paid To Rice And Wheat Farmers

From AP via International Herald Tribune : China said Friday that it would pay farmers more for rice and wheat, in a move aimed at raising output and cooling surging inflation that threatens to fuel unrest ahead of the Olympic...

China Economy Facing Most Difficult Year: Wen

AFP reports on the press conference that closed this year’s NPC/CPPCC session: In a closing press conference at the annual parliamentary meeting, Wen said his government faces the conflicting tasks of trying to create jobs...

Wen Focuses on China Inflation Battle

China raised military spending to meet inflation, and training and equipment needs. Premier Wen Jiabao said in his national report that focusing on fighting the battle against inflation is very significant. From Reuters via...

Lunar 2008 May Be Year of Bear in China Markets

China stock markets will reopen on Wednesday after the one-week Spring Festival holiday. Contrary to hopes that the government will shore up markets ahead of the Olympics Games, analysts are predicting that China may see a...

Storms Suspend China’s Fight Against Inflation

MarketWatch ’s Moming Zhou reported that China has to suspend its credit tightening campaigns to alleviate the economic pain brought by the deadly snowstorms. The effort could push China’s inflation, already an 11-year high,...

China Battles Rising Prices, Snowstorms

From the Christian Science Monitor: The snowstorms currently sweeping China have wreaked havoc with millions of people’s New Year travel plans and caused $3 billion worth of losses, including thousands of acres of winter...


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