China boom 'cushions world slump'
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The World Bank says China's economic boom will soften this year's expected global economic slowdown.
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China's annual economic growth surged to an 11-Â½ year high of 11.9 percent in the second quarter, cementing expectations for tighter policy to keep the world's fastest-growing major economy from overheating.
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BEIJING, Dec. 12 -- China expects the start of a baby boom next year, state media said Wednesday, in a development that will further strain a country whose resources are already stretched thin by a population of 1.3 billion.
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Chinese entertainers at the Three Gorges Tourist Festival, near the world&#39;s largest hydro project. Vice-Permier Huang Ju says lending curbs are slowing China&#39;s investment boom.
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China's spending on fixed assets such as roads and power plants accelerated in the first five months of the year, prompting predictions of imminent monetary tightening to slow the world's fourth-largest economy.
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China grew 11.4 percent in 2007, the fastest pace in 13 years, but is headed for a modest slowdown this year as global demand weakens and credit curbs to cap inflation ripple through the economy.
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China will continue to drive East Asia&#39;s growth next year, but the world&#39;s fastest-growing region may have reached its peak in expansion, according to the World Bank.
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By Evan Osnos, Chicago Tribune  Jun. 3--BEIJING -- In the office after hours, the Chinese economic miracle didn't feel much like magic.   Spent cups of instant noodles lay in the trash can. Cubicles were empty for the night.
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China's central bank on Sunday poured cold water on the idea that the country's economy can decouple from the United States.
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China grew 11.4 percent in 2007, the  fastest pace in 13 years, but is headed for a modest slowdown  this year as global demand weakens and credit curbs to cap  inflation ripple through the economy.
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China raises interest rates in a move to dampen inflation and stop the economy overheating.
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The Organization for Economic Co-operation and Development (OECD) has predicted that the Chinese economy would grow by 8 percent in 2005, saying a restrictive economic policy would lead to a slowdown.
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Business & money: Beijing's latest attempt to curb boom sends stock markets falling across Europe and Asia.
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Chinese stocks bounced back Wednesday after their biggest decline in a decade, but stock markets in Asia and Europe fell for a second day amid investor jitters about possible slowdowns in the Chinese and U.S. economies.
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Finance ministers say the global economy is now recovering after the recent turmoil in worldwide markets.
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China&#39;s surprise decision to raise interest rates to cool its economy pulled the rug out from under Australia&#39;s high-flying resource sector on Friday, dragging the local sharemarket down from record highs.
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The world economy is sound, although  financial markets may remain ragged for some time, and China  must let its currency rise faster to rebalance global growth,  finance officials from rich nations said on Friday.