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China side-steping U.S. financial crisis with innovative strategies
BEIJING, Aug. 8 (Xinhuanet) -- After watching Congress play politics and care not a whit about upholding the honor of United States, can the world assume that America is not about to become a deadbeat to beat all deadbeat nations in history? Full story
U.S. debt ceiling deal is double-edge sword for China
BEIJING, Aug. 8 (Xinhuanet) -- The roller-coaster debate over raising the US national debt ceiling finally concluded after the two parties made compromises. The Democratic Party-led administration removed the political restraint of debt default before the general election in 2012, and the Republican Party-led House of Representatives secured a promise to cut government spending over the next decade. Full story
China likely to raise interest rates further: analysts
BEIJING, Aug. 7 (Xinhua) -- China is likely to increase benchmark interest rates again in the near term to curb inflation, according to the latest comments by analysts.
A let-up of the government's tightening measures in the third quarter should not be expected, chief economist Li Xunlei of Guotai Junan Securities was quoted by the Securities Daily newspaper as saying. Full story
China's economy set for long-term growth despite hurdles
BEIJING, Aug. 4 (Xinhua) -- A slew of data seems to reinforce evidence that China's economy is slowing gently, prompting some observers to predict a "turning point" in the world's second largest economy which has enjoyed nearly double-digit growth over the past three decades. Full story
Chinese economy heading for soft landing: economist
BEIJING, July 17 (Xinhua) -- China's economy is heading for a soft landing, said Chinese economist Fan Gang.
Fan said inflation would ease in the second half of the year as the effect of interest rate rises usually can be seen in about six to nine months, the China Business Journal, a newspaper run by the Chinese Academy of Social Sciences, reported Saturday. Full story
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