Tag: Wen Jiabao

• Friday, June 24th 2011 - 22:58 UTC

  China says it can control inflation and maintain robust growth

  

  Chinese premier Wen Jiabao has said that China can control inflation and maintain its robust growth. Writing in the Financial Times, Mr Wen said “price rises will be firmly under control this year”.

• Monday, April 18th 2011 - 07:10 UTC

  China’s anti-inflation crusade raises bank reserves: fourth time in four months

  

  China raised banks' required reserves for the fourth time this year, extending the fight against excessive liquidity and stubbornly high inflation in the world's second-largest economy.

• Friday, April 15th 2011 - 18:50 UTC

  China’s 3 trillion USD reserves intensify debate on Yuan convertibility

  

  China's foreign exchange reserves exceeded the mark of 3 trillion US dollars for the first time at the end of March 2011, representing an increase of 24% from a year earlier. China retains the world’s leading position in forex reserves, according to data released by the country’s central bank.

• Friday, April 15th 2011 - 05:31 UTC

  China’s March inflation fastest since 2008; further tightening anticipated

  

  Inflation in China accelerated in March to the fastest rate since 2008, despite government efforts to cool prices. Consumer prices rose by 5.4% in March compared with a year earlier, the National Bureau of Statistics said. In February, the annual figure was 4.9%.

• Wednesday, April 13th 2011 - 04:30 UTC

  China and Brazil agree to further expand their strategic partnership

  

  China and Brazil on Tuesday clinched a host of government agreements and economic deals in Beijing to enhance their strategic partnership as Brazilian President Dilma Rousseff paid her first state visit to China.

• Tuesday, April 12th 2011 - 16:13 UTC

  China to keep buying Spanish public debt and invest in financial industry

  

  China will invest in Spain’s savings-bank industry and continue buying public debt, a Spanish government official cited Chinese Premier Wen Jiabao as telling Prime Minister Jose Luis Rodriguez Zapatero at a meeting Tuesday in Beijing.

• Monday, April 11th 2011 - 05:07 UTC

  China posts surprise quarterly trade deficit of 1.02 billion USD, first in six years

  

  China on Sunday reported a surprise quarterly trade deficit of 1.02 billion US dollars, the first in six years as it settles to rebalance its export oriented economy to boost domestic consumption in the next five years.

• Monday, March 21st 2011 - 19:11 UTC

  Fearing social unrest, Beijing bans “hedonistic, high-end” lifestyles advertising

  

  China's capital has banned outdoor advertising that promotes hedonistic or high-end lifestyles as the government seeks to ease public concerns about the country's widening wealth gap.

• Tuesday, March 15th 2011 - 05:32 UTC

  Corruption and inflation, main challenges to social stability admits China

  

  Premier Wen Jiabao said on Monday China would pursue political reforms only in a “gradual” manner and within the umbrella of one-party rule, even as he ruled out the likelihood of the recent West Asian uprisings having any impact on China.

• Monday, March 14th 2011 - 06:50 UTC

  Brazil preparing plan to stimulate industry and cut knick-knack Chinese imports

  

  Brazil imports too many knick-knacks from China complained Brazilian president Dilma Rousseff, who next month makes an official state visit to the Asian giant, according to reports in the Sao Paulo press