International   

China to continue controls

BEIJING: China's economy still faces challenges with overheating investment and over-capacity in manufacturing despite Government attempts to cool growth in the first six months, Government figures to be released on Tuesday are expected to show.

The National Bureau of Statistics will publish the gross domestic product (GDP) growth rate for the first half, as well as the latest fixed asset investment growth rate, two important indices that influence economic policy-making and could lead to tighter macro-economic controls.

Both figures are expected to remain high with the GDP rate predicted to exceed the 10.3 — per cent rise in the first quarter, despite Government attempts to curb what many analysts fear could become an economic bubble.

— Xinhua

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Tsunami kills 86 in Indonesia
World leaders head for Beirut as conflict spirals
G8 calls for end to fighting
LTTE faults experts panel
Floods ravage south China, kill 170
Congo militia to disband
Demand for vote recount
China to continue controls
Rudeness as a people management style
India, Bangladesh officials to visit disputed enclaves
Pakistan willing to talk with India on terrorism
India wanted a peg to link Pakistan, says Kasuri
"Give evidence"

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu