subscribe: Posts | Comments

China’s August CPI gives room to move

0 comments

Posted by Aliuser on Sep 12, 2008 in China Import and Export











 With the Consumer prices index (CPI) going down to 4.9 percent in August, the China government can do more to stimulate economic growth as inflation is more or less under control.

According to new agency Xinhua reported on Wednesday, China consumer prices increased by an annual 4.9 percent in August, marking the fourth straight month of decline but the smallest increase in 14 months. 

The reading fell short of analyst expectation as they called for an increase of 5.2 percent.

With shrinking exports and fixed investment possibly leading to economic growth of less than 10 percent this year and 9 percent in 2009. Analysts expected Beijing may relax its lending policy, cut taxes and curb energy price rises to boost the economy, which will help China SME exporters substain their business in the near future.

 

China economy
China economy
 
Photo courtesy of Bloomberg.com/apps/news?pid=20601089&refer=china&sid=adjS_kGupsn0

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • Digg
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

Popular posts you may be interested in

No Responses to “China’s August CPI gives room to move”

Trackbacks/Pingbacks

  1. Reserve rate cuts to help SME « Alibaba Weblog - [...] China’s August CPI gives room to move [...]
  2. Task force expected to work fast « Alibaba Weblog — International Trade, Global Trade - [...] China’s August CPI gives room to move [...]
  3. China moves as crisis hits home « Alibaba Weblog — International Trade, Global Trade - [...] China’s August CPI gives room to move [...]
  4. Stand by me « Alibaba Weblog — International Trade, Global Trade - [...] China’s August CPI gives room to move [...]
  5. Analysts tipping a downturn for China exports in October « Alibaba Weblog — International Trade, Global Trade - [...] China’s August CPI gives room to move [...]
  6. Alibaba.com’s Blacklist « Alibaba Weblog — International Trade, Global Trade - [...] Top Posts GlossaryAlibaba.com appeals to multi-language users Alibaba.com becomes searchable in Russian, Italian and French nowAn open book on ...
  7. Funding for SMEs clicks in « Alibaba Weblog — International Trade for Suppliers and Buyers - [...] China’s August CPI gives room to move [...]
  8. Alibaba Weblog -- International Trade for Suppliers and Buyers · Reserve rate cuts to help SMEs - [...] China’s August CPI gives room to move [...]
  9. China Exports in December took another plunge | Alibaba Weblog by Aliuser — International and Global Trade for Suppliers and Buyers - [...] China’s August CPI gives room to move [...]
  10. Stand by me | Alibaba Weblog by Aliuser — International and Global Trade for Suppliers and Buyers - [...] China’s August CPI gives room to move [...]
  11. China Imports and Exports fall in Jan | Alibaba Weblog by Aliuser — International and Global Trade for Suppliers and Buyers - [...] China’s August CPI gives room to move [...]
  12. Rougher seas ahead | Alibaba Weblog by Aliuser — International and Global Trade for Suppliers and Buyers - [...] China’s August CPI gives room to move [...]
  13. Alibaba rolls up for the Year of the OX | Alibaba Weblog by Aliuser — International and Global Trade for Suppliers and Buyers - [...] China’s August CPI gives room to move [...]

Leave a Reply

You must be logged in to post a comment.

Email
Print
WP Socializer Aakash Web