China's January inflation slows to 2%

China's annual consumer inflation eased from December's seven-month high in January despite rising food prices, data from the National Bureau of Statistics (NBS) showed Friday.

China's January exports up 25%

China's foreign trade continued to rebound strongly in January due to more working days last month and a stabilized economic situation, customs data showed Friday.

China's new yuan loans hit 3-year high

China's new yuan-denominated lending in January surged to a three-year high as a stronger economy boosted demand for bank credit, official data showed on Friday.

China's January PPI falls 1.6%

China's producer price index (PPI), which measures inflation at the wholesale level, fell 1.6 percent year on year in January, the National Bureau of Statistics said on Friday.

China Jan manufacturing PMI falls to 50.4%

The purchasing managers' index (PMI) for China's manufacturing sector fell to 50.4 percent in January from 50.6 percent in December, China's National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP) said Friday.

Major Figures


Dec Jan
Price Indexes






Growth Indexes
GDP  7.9%(Q4)





Retail  15.2%


Fixed-asset investment   20.6%


Industrial output  10.3%


Trade Indexes
Export  $199b


Import  $168b


Surplus  $32


Financial Indexes
New loans  $73b


FDI    $9.27b
Other Indexes
Fiscal revenue  


Home sales (floor space)    
Power consumption    


Fundamental reforms needed

China has entered 2013 with solid growth momentum, in no small part because of the policy stimulus of last year, but now, three challenges call for containing the expansion of financial leverage.

Moving away from exports

China is going to have to rely more on services and thus domestic demand to drive growth. The government's decision to accelerate urbanization will speed up this transformation.


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