Results for china-economy: 610

China has mounted the credit tiger and it is racing to catch the government's official growth target of 8% this year. While growth propelled by government stimulus and easier access to credit may spawn new projects and stem job losses in China, it won't necessarily translate into industrial profits, some analysts caution.

The State Council approved a plan on April 8 to increase the country's annual grain output capacity to more than 550 million tons by 2020 from the current 500 million tons in a bid to ensure grain security. The import and export of electronic and information technology products in China dropped 30.3 percent year on year in the first two months, according to the Ministry of Industry and Information Technology.

Developing East Asia is battling the forces of global recession. With a shortage of dollar liquidity, shrinking exports and rising unemployment, many East Asian countries are facing a dim growth outlook this year, those underdeveloped nations in particular.

As an outcome of globalization, economies worldwide are now increasingly entangled with each other

The Chinese government is working on a new stimulus package to promote consumption despite the better-than-expected economic data in the first quarter, the China Securities Journal reported on Monday, citing Gao Huiqing, a senior researcher at the State Information Center under the nation's top planning...

The Tianjin State-owned Asset Supervision and Administration Commission, plans to merge its four state-owned steel mills into a group with annual capacity of about 23 million tons, sources reported.The four mills are Tianjin Tiantie Metallurgical Group, the largest among the four companies, Tianjin Tiangang...

China's fiscal revenue dipped 0.3% or RMB 1.37 billion year on year in March to RMB 440.22 billion, according to statistics released by Ministry of Finance (MOF) on Apr. 13. The central government's revenue declined 10.3% to RMB 204.46 billion, while local government revenues rose 10.3% to RMB 235.76 billion....

China's utilized foreign direct investment (FDI) in the first quarter of this year fell 20.56% year on year to US$21.78 billion, sources reported, citing an unnamed source as saying.The decline rate is lower than the 26.23% fall in the Jan-Feb period, which indicates the investment activities of China is recovering despite...

The People's Bank of China, or the central bank, announced that the country's foreign exchange reserves amounted to US$1.95 trillion by the end of March, up 16% from a year earlier.In the first quarter, the country added US$7.7 billion of foreign exchange reserves, which is US$146.2 less than the corresponding period...

The G20 summit achieved better-than-expected agreements, but whether they can be implemented to resuscitate the sluggish global economy remains a question