Slowing Marginally, Chinaâs Economy Sets 11.5% Growth Pace
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The pace of Chinaâs economic development is still strong enough to keep pushing up prices around the world for everything from oil to iron ore to freight shipping.
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The Chinese Academy of Social Sciences said China&#39;s gross domestic product will grow 9.4 percent this year and slow to just above 8 percent next year, according to published reports Monday.
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A think tank at People's University has  forecast China's economic growth will slow to about 9.25  percent in 2007 and remain near that rate through 2010, the  Beijing News reported on Sunday.
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China&#39;s economy will expand 8.8 per cent in 2004 and eight per cent in 2005, but growth next year may slow to 7.2 per cent if oil prices stay at around $40 a barrel, the Asian Development Bank said on Wednesday.
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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's economy picks up pace, stoking fears it may be overheating and driving the rate of inflation.
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China released figures suggesting the economy is not decelerating as much as feared, easing concerns the government might have stepped too hard on the brakes.
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China's economy grew a blistering 11.4 percent in 2007, reaching the highest level in 13 years and marking the fifth straight year of double-digit growth, the government said Thursday.
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China's furious growth should cool off a little this year according to a new study from the World Bank.
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The governor of ChinaÂs central bank said economic growth is likely to slow slightly in the rest of 2006 and in 2007 as the bank acts to reduce liquidity.
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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&#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.
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China&#39;s economy grew by 9.5 percent year-on-year in the first nine months of this year, Spokesman Zheng Jingping for the National Bureau of Statistics announced in Beijing Friday.
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The sizzling pace of Chinese capital  spending barely slowed in November despite curbs on lending,  showing why the authorities intend to tighten monetary policy  further in 2008.
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China's economy grew by 9.5 percent in the first three quarters of 2004 compared to the same period last year, China's National Bureau of Statistics announced.
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Tuesdayâs report said the Chinese had made strides in revaluing their currency, but that the progress was âconsiderably less than is needed.â
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China's economic growth is expected to slow slightly next year to a still robust 10.9 percent, with inflation at 4.5 percent, the central bank's research bureau said in a forecast reported Friday by a government newspaper.