China: Efforts to Cool Economy Working
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The head of China&#39;s central bank said on Sunday Beijing&#39;s efforts to curb excessive credit growth were bearing fruit, increasing chances the country&#39;s booming economy would achieve a &quot;soft landing.
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China mulls new measures in environmental protection    BEIJING, Feb.
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China will do more to save energy and cut pollution in 2007 while striving to keep its economy humming following four straight years of double-digit growth, Premier Wen Jiabao said on Monday.
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China will tighten policy more  aggressively if measures already taken fail to cool the red-hot  economy, a central bank official said in remarks published on  Monday.
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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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Chinese economic growth slowed a touch  in the third quarter but not by enough to dispel expectations  of more interest rate rises and other policy curbs to stave off  the risk of overheating.
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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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Chinaâs annual inflation rate dropped sharply in November, heartening policy makers who have been striving to cool the economy and reducing chances of a further rise in interest rates in the near term.
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China promised on Monday to integrate climate change policy into its industrial and energy sectors, but said it would not sacrifice economic growth to satisfy international demands to help combat global warming.
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China's economic growth may ease slightly this year to 10.5 percent from the estimated 11.5 percent rate of expansion in 2007, a researcher at a state think-tank said on Friday, as the government cooling steps take effect.
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China announced Thursday it will raise interest rates for most deposits and loans by more than a quarter point - the first rise in nine years - in a move to cool down the torrid Chinese economy.
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China's annual inflation rate dropped  sharply in November, providing further evidence that steps to  cool the economy are working and reducing the chances in the  near term of a fresh rise in interest rates.
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Business News, BEIJING, China&#39;s annual inflation rate dropped sharply in November, providing further evidence that steps to cool the economy are working and reducing the chances in the near term of a fresh rise in interest rates.
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The move today by China's central bank was the boldest so far aimed at guiding a heated economy onto a path of slower growth.
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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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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 President Hu Jintao said the booming economy in China would grow by "around 9.0 percent" this year as controls implemented to slow overheated sectors of the economy took effect.