China Says Growth May Top 9 Pct This Year
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Chinese President Hu Jintao said Sunday economic growth could exceed nine percent this year and foreign direct investment could top $60 billion.
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BEIJING -- China's sizzling economy grew faster in the second quarter despite official efforts to apply the brakes, expanding by 11.9 percent over a year earlier, the government reported Thursday. It said it would take new steps to cool the boom.
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China's finance minister said economic growth of 9 percent this year would be acceptable, state television reported Wednesday, in the first acknowledgment by a senior official that growth might exceed the government's target of 7 percent.
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Beijing, Oct. 28 (PTI): China today raised its interest rates for the first time in nine years to consolidate macro economic adjustment and ensure healthy growth of the economy, the apex bank said here.
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China will continue to achieve rapid but stable economic growth in 2007, the head of the National Development and Reform Commission, China's top economic planning agency, said on Wednesday.
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China on Thursday announced it would hike interest rates for most deposits and loans by 0.27 percentage points, the first rise in nine years.
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A World Bank expert said the year 2004 is going to be a good year for China as the country&#39;s economy will grow rapidly with higher-than
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The UK economy will grow by 2.9% this year, although interest may need to rise further, the IMF forecasts.
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China&#39;s imports and exports in thefirst ten months this year amounted to 926.47 billion US dollars, rising 35.8 percent year-on-year, according to statistics releasedby the
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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's seventh-biggest  economy.
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China's industrial output for August rose 15.9 percent year-on-year after a 15.5 percent gain in July, with demand for coal, steel and natural gas driving growth, official data showed.
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Chinese President Hu Jintao said Sunday economic growth could exceed nine percent this year and foreign direct investment could top &#36;60 billion.
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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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At a recent business summit, Vice-Premier Zeng Peiyan predicted that China will sustain an annual economic growth rate of more than 7 per cent by 2020.
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TOKYO (CBS.MW) - China expects economic growth to reach at least 9 percent in 2004, according to a published report. Free! Sign up here to receive our Before the Bell e-Newsletter!
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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 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.