IMF-Soft landing for China economy not yet assured
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A soft landing for China&#39;s booming economy is not yet a sure thing, the International Monetary Fund said on Wednesday, despite a raft of measures by Beijing to slow investment in overheated sectors.
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China has lowered the risk of economic overheating but a &quot;soft landing&quot; is not yet assured, International Monetary Fund chiefs have warned.
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Opinion in China remains divided on whether the government is leaping into deals without a clear investment strategy.
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Federal Reserve Chairman Ben  Bernanke said in a letter obtained on Friday that chances of an  economic crisis in China were low, but that the possibility of  a "hard landing" for the economy could not be dismissed.
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Good news for officials who are trying to cool an overheated economy; austerity measures to remain. BEIJING  - China reported a marked slowdown in investment and money supply growth Monday, but stubbornly
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China's economy, the world's second largest, is not as big as was thought, a report by the World Bank claims.
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China can manage to slow its roaring economy to a sustainable level, but only if it avoids loosening curbs on lending and investment too quickly, the International Monetary Fund said Wednesday.
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Chinese capital spending in November  barely slowed from record heights despite curbs on lending,  showing that the central bank's task in keeping the economy  from overheating remains formidable.
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China&#39;s leaders should not relax their efforts to cool the country&#39;s fast-growing economy, the International Monetary Fund has warned.
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The International Monetary Fund has cut  its forecast for global growth next year slightly amid  expectations that the U.S. and Chinese economies will not  expand as strongly as previously thought.
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BEIJING : China&#39;s central bank said it would take a &quot;gradual and safe&quot; approach to loosening the yuan-dollar peg, following International Monetary Fund (IMF) calls to let the currency float in a wider margin.
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China now leads the world in the number of publicly traded companies with market values of more than $200 billion, but this is not necessarily good news for investors.
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China will succeed in cooling off an overheated economy and achieve a soft landing, according to a major Asian Development Bank (ADB) report released 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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Four developing nations, including China, could have a greater say in the workings of the IMF, a report says.
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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.
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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.