economic recovery

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Recovery in Question as GDP Growth Slows

China’s National Bureau of Statistics reported disappointing first quarter GDP growth of 7.7 percent on Monday, according to Reuters: Many investors had anticipated a possible surprise on the upside, with growth faster...

Sock City’s Decline Reveals Economic Dilemma

Yiwu, known as “the Sock City”, is suffering amidst a broader slowdown in Chinese manufacturing, despite windfall orders from the Syrian army. From Tania Branigan at The Guardian: The foolish man built his house upon...

President Hu Jintao Delivers New Year Speech

In his new year’s speech, President Hu Jintao addressed concerns about uncertain economic growth and global economic recovery in 2012. Although Hu did not give any specific details, he claimed that he would give priority...

China Slowdown Fears Hit Global Markets

From CNN Money: Concerns about the global economy roiled world financial markets Tuesday after a report on leading indicators in China was revised lower. The Conference Board, a New York-based research group, said its Leading...

China’s Economic Data Challenges Its Yuan Stance

From Bloomberg: China’s gains in retail sales, consumer prices and industrial production countered the government’s assessment that the recovery isn’t “solid,” and put more pressure on policy makers to let the yuan rise....

What China’s Export Surge Really Means

From theForbes blog: On Thursday China announced that its exports in May surged 48.5% compared to the same month last year. Imports into China rose by nearly the same percentage, 48.3%, but overall, China’s trade surplus...

Chinese Factories Hum at Record Pace

The Financial Times reports on China’s upswing in manufacturing output: Chinese manufacturing activity expanded at a record pace in the first quarter of this year in another sign of the country’s strong recovery on the...

Paul Krugman: Taking on China

In his new column, Paul Krugman calls China’s refusal to reevaluate the currency “a significant drag on global economic recovery”: To give you a sense of the problem: Widespread complaints that China was...

China Leads Better-Than-Expected Global Recovery

A 10% growth rate in China is helping fuel a global economic recovery, though developed economies such as the U.S. will recover more slowly, the IMF says. From the New York Times: The monetary fund expected growth of 10 percent...

China To Deliver Promised Stimulus By End Of 2010

From Reuters: The Chinese government will deliver on its commitment to spend 1.18 trillion yuan ($173 billion) before the end of 2010, the core of the country’s stimulus package, a deputy finance minister said on Thursday....

China Focuses on Boosting Rural Demand

The Financial Times reports: China will take steps next year to boost rural demand while trying to curb overcapacity in numerous industrial sectors, the government said on Monday at the end of its annual closed-door gathering to...

David Olive: Looking into China’s Future

For The Star, Business Columnist David Olive writes: …Beneath the veneer of spectacular Chinese infrastructure projects at home and Wal-Mart stores abroad seemingly stocked with nothing but Chinese goods, China remains a...

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