Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $19,509
24%  
Woo hoo!! And we're now over 24%!! Thank you all very much!! God bless.

Keyword: chinagdp

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  • China is about to publish what's expected to be the country's worst GDP report in 25 years

    01/15/2016 2:37:19 PM PST · by SeekAndFind · 14 replies
    Business via Reuters ^ | 01/15/2016 | Balazs Koranyi, Reuter
    China is set to report its weakest full-year growth figure in 25 years on Tuesday on the back of slowing output and sagging investments, troubling news that will likely dominate discussion at the European Central Bank and Bank of Canada policy meetings. Economists said the expansion of the Chinese economy was held back by sluggish domestic and external demand, weak investments, factory overcapacity and high property inventories, which exacerbated deflationary pressures in the economy. The poor figures bolster arguments for more Chinese monetary policy easing on top of the six interest rates cuts seen since November 2014 and suggest that...
  • China Insiders Stressing over Fake GDP Figures (Vanity)

    10/30/2013 6:52:53 PM PDT · by TexGrill · 10 replies
    PMNews ^ | 10/31/2013 | Vanity
    (Vanity) I just heard at an intruiging conversation with a lawyer who works nearby Guomou Subway Station on Line 1 in Beijing. The attorney explained that their law firm is hired by the Chinese government to publish all economic statistics into the English language and make it available as press releases for the Western media, or so the lwayer claims. Apparently, the lawyer has described a culture of chaos as government officials try to figure out how to make fake economic statistics that look more believable. The source explained the routine. China has two sets of books: the real economic...