Investment curbs working, Beijing says
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BEIJING China&#39;s efforts to slow the economy by curbing investments in industries such as steel and cement are working, a senior official said Sunday, suggesting that further tightening measures such as an interest rate increase may be unnecessary.
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BEIJING : The Chinese government will try to cut its huge deficit next year and curb investment financed from public coffers, state media said, quoting Vice Finance Minister Lou Jiwei.
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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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China's industrial output growth in October slowed to 15.7 percent year-on-year after a 16.1 percent gain in September, suggesting government lending curbs are cooling the economy.
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Seeking to reassure those nervous about foreign takeovers, the head of Chinaâs government investment fund said Thursday that China would invest mostly in portfolios.
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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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It is sad for company executives to curb business growth themselves. But the curbing of growth is now being hotly debated among Chinese textile producers, reported China Daily on Tuesday.
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Beijing traffic officials are drawing up changes to parking fees in the hope of reducing traffic jams.
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China is planning to extend official policies clamping down on credit into 2005, to try to keep the economy from boiling over.
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China will step up controls on investment in power plants, despite electricity shortages, to help ease pressure on coal supplies, state media reported Monday.
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BEIJING : Beijing Olympic organizers are seeking ways to cut up to six billion yuan (724 million US dollars) off the cost of building Games venues, including possibly moving the equestrian events to Hong Kong.
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BEIJING (Dow Jones)--A week ago, third-quarter data showed China was failing to get its sky-high economic growth rate under control.
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China's top climate official said on  Tuesday that Beijing is determined to curb the use of fossil  fuels behind global warming, but deflected questions of whether  the big emitter will accept caps on greenhouse gases.
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China&#39;s spending on construction and factory equipment edged lower in October, but there was no sign of a major cutback despite efforts to curb lending for such investments.
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If you invest in China, do so with caution.
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China&#39;s top Communist party leaders have called for stability in the country&#39;s monetary and fiscal policies and continued efforts to rein in growth in fixed-asset investment, in a
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China&#39;s government said it would continue measures to slow economic growth and reaffirmed its commitment to a stable yuan policy as the nation&#39;s leaders wrapped up their annual meeting in Beijing.