Xinhua reports that the disastrous impact of the earthquake that struck Ya’an prefecture, Sichuan province on April 20 will likely have little lasting effect on China’s economy: “From what we have learnt from...
by victoriawu | May 24, 2011
Investment banks such as Goldman Sachs are lowering their projected growth for the Chinese economy given the recent monetary tightening policies enacted by the Chinese government in an attempt to curb inflation. From Bloomberg...
by Xiao Qiang | Jan 5, 2006
by Xiao Qiang | Aug 16, 2005
China is one of the most savings-oriented nations in the world: total personal savings deposits amount to over 12 trillion yuan (US$1.48 trillion), or around