Chinese Economy



China cuts rates by 1.08% to aid growth

China decided to reduce the interest rate by a massive 1.08 percentage points, in an effort to jumpstart capital investments, boost housing sale and propel domestic consumption. Engine Slows Down EU's $260B Stimulus Plan Discussion: China Heading to Recession?

WB: China's GDP to slow to 7.5% in 2009

China's annual economic growth is expected to slow to 7.5 percent next year, but the country has "adequate tools" to keep the economy going at a healthy level.


China reports US$35b trade surplus in Oct

The China Customs announced on Tuesday a trade surplus of US$35.2 billion in October.


GDP grows 9.9% in first three quarters

China's economy grew 9.9 percent year on year in the first three quarters of this year, official figures showed on Monday .Decision at CPC Meeting Jump-starting Development Framework for Q4 Economic Development