China raises investment to fend off economic slowdown
Article Abstract:
State spending in China has some analysts worried that the national debt is soaring to alarming levels. The fixed-asset investment was $134 billion for the first half of the year, up 18.4%, with figures from July alone up 20.4%. The goals of such investments are to improve consumer spending and private investment while increasing the country's infrastructure, but a history of corruption makes the spending suspect.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Shoals in a safe haven
Article Abstract:
Recently thought of as a safe and booming place for investment, China may now face an economic downturn following the September terrorist attacks. Analysts fear that high expectations in China may outpace share-price gains. One indication of the changing economy is the growth of individual savings deposits, which grew 12.7% from last year, meaning there is less domestic consumption of goods.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Could deflation be over?
Article Abstract:
Prices in China rose 1.5% in December, but the country is still coping with a flood of goods in the market and unemployment. Despite the turnaround, economists believe that declining consumer prices are an indication of falling consumer confidence.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Converium files lawsuit to fend off Scor's bid. Richemont sales show strength in luxury goods. Richemont to keep stake in BAT
- Abstracts: For TVH, China investments may be system for growth. SAP Asia revenue rises 52%. Management of real estate is shifting to the internet
- Abstracts: Oil shock isn't expected to hit the region too hard. Economic projections must be revised. Interest rates are down, but so are investment, lending
- Abstracts: There's no banking, it's over. Growing consolidation in paper and packaging. Disparate approaches to M&A in Asia
- Abstracts: The only way is up. Just like the days of the dotcom boom. Everything changed on September 11