Chinese central bank researcher says second quarter economic growth might top 7.5 percentBEIJING — China’s economy is improving and growth might top 7.5 percent for the quarter that ended in June, a central bank researcher said in an official journal. Chinese surveys show manufacturing expanding in June but job growth still weakBEIJING — China’s manufacturing expanded in June, adding to signs the world’s third-largest economy is rebounding from the collapse in global trade, but few new jobs were created, according to two surveys released Wednesday. China central bank chief says world’s 3rd-biggest economy taking turn for the betterHONG KONG — The head of China’s central bank said Monday the country’s economy was on the mend and expressed confidence that a government target of 8 percent growth this year would be met. Beijing says stimulus projects to use Chinese goods; move could strain trade tiesBEIJING — China has imposed a requirement for its stimulus projects to use domestically made goods — a move that could strain ties with trading partners after Beijing criticized Washington’s “Buy American” stimulus provisions. China’s retail sales, bank lending industrial output rise in May amid stimulus spendingBEIJING — China’s retail sales, bank lending and industrial output grew in May as the government spent heavily on a stimulus to boost the world’s third-largest economy as exports plunged, data showed Friday. Government says China’s industrial output up 8.9 percent in May; retail sales up 15.2 percentBEIJING — China’s retail sales and industrial output grew strongly in May as the government spent heavily to boost growth in the world’s third-largest economy amid a slump in exports. China’s May trade plunges but investment surges, driven by government stimulusBEIJING — China’s investment surged in May as the government poured money into its economic stimulus, helping to offset an unexpectedly sharp drop in trade, and economists said the world’s third-largest economy was improving. Chinese manufacturing expands in May but growth low amid weak global demandBEIJING — China’s manufacturing expanded in May, adding to signs the world’s third-largest economy might be recovering from its slump, but growth was weak despite huge stimulus spending, according to two surveys released Monday. China’s retail sales jump, industrial output slows as economy awaits recoverySHANGHAI — Resilient demand from Chinese shoppers helped push retail sales up 14.8 percent in April, but a paltry rise in industrial output sapped hopes for a fast recovery. China’s consumer prices fall, lending spree eases as hopes for recovery buildSHANGHAI — China’s bout of deflation persisted in April, as consumer prices fell 1.5 percent from elevated levels a year earlier, but analysts said they expect prices to start heading upward later in the year. China says new bank lending in April at $87 billion, down sharply from MarchSHANGHAI — Chinese banks issued new loans worth 591.8 billion yuan ($87 billion) in April, less than a third of the previous month’s total, the central bank said Monday, as lenders slowed the flow of credit aimed at stimulating the economy. China’s vice premier sees world economy getting worse before it improvesBEIJING — The global financial crisis is still spreading and the world economy is going to get worse before getting better, China’s Vice Premier Wang Qishan said in a commentary published Friday. |