Steps to curb Chinese growth &#39;working&#39;
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China&#39;s efforts to slow economic growth by reining in investment in industries such as steel and cement were working, said vice-premier Huang Ju, suggesting further measures, such as an interest rate rise, might be unnecessary.
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China's economy continues to expand at a rapid pace, growing 9.5% in 2004 despite government efforts to take it off the boil.
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The Chinese Government will trim spending next year in an effort to slow economic growth to a more sustainable pace. Vice Finance Minister Lou Jiwei says China will reduce the
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China's economy will grow by 9.3 percent this year, the government forecast Thursday, amid signs that efforts to tame the economic boom may be failing to cap inflation.
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China came under pressure on Saturday   to let its currency rise faster to ease imbalances in trade and   capital flows that pose one of the biggest risks to global   growth.
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Interest rate hikes won't slow China's overheating GDP. Expect new controls on investment and credit.
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China needs to do more to control spending on construction, factories and other &quot;fixed assets&quot; to curb growth and cool inflation, state media reported Monday, citing top government officials.
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Efforts to ease the Chinese economy off the boil are working but rapid exchange rate change is off the agenda, the Chinese president says.
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For one thing, even if Chinese growth slowed in the third quarter, it won&#39;t indicate whether Asia&#39;s second-biggest economy is avoiding a hard landing.
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China&#39;s economy has slowed modestly for the third successive quarter, raising hopes of success in a delicate battle to reduce the risk of overheating without provoking a crash.
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China's decision was its boldest so far aimed at guiding a heated economy onto a path of slower growth.
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China sought Friday to soothe concerns over a surprise interest rate rise, its first in nearly a decade and one which is expected to kick off a series of increases to cool growth in the world&#39;s seventh-biggest economy.
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BEIJING -- China's booming economy grew even faster last year than originally thought, the government said yesterday, as authorities made public another measure meant to rein in the growth they fear could create problems.
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China beckons stock investors with the lure of brisk economic growth. Yet a school of prominent China watchers, led by Morgan Stanley strategist  Andy Xie, warns that the domestic overheating could lead to a "hard landing" in sectors ranging from steel to real estate. The Chinese government, worried about that very thing, is trying to rein in the torrid expansion.
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China will phase out measures aimed at reining in the overheating economy amid fears that the tough controls may lead to a hard landing, a press report said.
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China's sizzling economy is slowing but should still expand by 10.4 percent this year, the World Bank said Tuesday, as newly released statistics suggested measures to prevent runaway growth might be taking effect.
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A soft landing for China&#39;s booming economy is not yet assured, the International Monetary Fund said on Wednesday, despite measures by Beijing to curb credit and slow investment in overheated sectors.