Jump to Navigation
Home

Main menu

  • Home
  • Latest Stories
  • Markets Map
  • Trends and Sentiments
  • Leading Topics
  • News Search
  • Comments and Analysis

Secondary menu

  • Latest News
  • Top Rated
  • Most Popular
  • Archive
  • About Us
  • How to identify the best fund managers
  • Il fondatore di Alibaba conosce il vero motivo dei dazi...
  • Lebara’s sale of a Tamil Netflix: what just happened?
  • Lebara’s sale of a Tamil Netflix: what just happened?
  • How False Flag Operations Are Carried Out Today
  • Vanguard FTSE Europe ETF: There's No Alpha, But That...
  • Rounds Report: Unlocking Value Of Omeros And Intercept
  • Shire: Were Earnings Good Enough To Warrant Takeover Talk?
  • TSMC to invest $14 billion in R&D at Hsinchu facility
  • Intel's First Quarter: A Classic Beat-and-Raise...

    China revises up 2008 economic growth

    Fri, 12/25/2009 - 04:45 EDT - France24.com - Business

    China announced on Friday that the country's economy grew by 9.6 percent in 2008, up from a previously announced figure of nine percent.The latest national economic census found the economy was worth 31.4 trillion yuan in 2008, head of the National Bureau of Statistics (NBS) Ma Jiantang said at a briefing, or around 4.6 billion dollars based on the current exchange rate.That meant growth was 0.6 percentage points higher than the nine percent announced in January, Peng Zhilong, director-general of the NBS' department of national accounts, said at the same news conference.

    • Original article
    • Login to post comments
     

    Related

    • China revises up 2008 economic growth

      China announced on Friday that the country's economy grew by 9.6 percent in 2008, up from a previously announced figure of nine percent.The latest national economic census found the economy was worth 31.4 trillion yuan in 2008, head of the National Bureau of Statistics (NBS) Ma Jiantang said at a briefing, or around 4.6 billion dollars based on the current exchange rate.That meant growth was 0.6 percentage points higher than the nine percent announced in January, Peng Zhilong, director-general of the NBS' department of national accounts, said at the same news conference.

    • China output, sales and investment growth at multi-year lows: govt

      Beijing (AFP) - Growth in China's industrial output, retail sales and fixed asset investment all fell to multi-year lows during January and February, official data showed Wednesday, as the world's second-largest economy expands at its slowest pace in a quarter century.

    • China's Q1 GDP growth slows to 7.0% on-year

      BEIJING: China's economy expanded 7.0 percent year-on-year in the first quarter, official data showed Wednesday, slumping to a new post global financial crisis low even as authorities take steps to bolster growth in the world's second-largest economy. The figure announced by the National Bureau of Statistics was lower than expansion of 7.3 percent in the final three months of last year, but exceeded the median forecast of 6.9 percent in an AFP survey of 15 economists.

    • China To Boost "Economic Growth" By Changing Definition Of GDP

      In the summer of 2013, at a time when the topic of soaring US debt was still paramount to the US public (total debt is now a far more ludicrous, and gargantuan, $19.3 trillion but nobody cares since all the central banks are monetizing global debt at an unprecedented pace and investors are happy to frontrun them, thus keeping yields low) the US surprised everyone by "increasing" GDP, and thus reducing the debt/GDP ratio which was at about 100%, in a very simple way: it changed the definition of GDP, in the process boosting GDP by about $500 billion, or 3%, with the flip of

    • China's latest batch of data has undershot expectations

      Lintao Zhang/Getty Images

    • Ontario’s weak economy is driving immigrants away, Fraser study argues

      Ontario’s sputtering economy is the direct result of failed government policy, a new report from the Fraser Institute argues, and the province’s worsening odour is driving away potential newcomers.

    • Economy would regain over 8% growth soon, says President Pranab Mukherjee

      BENGALURU: President Pranab Mukherjee today expressed the hope that economy would regain growth rate of over 8 per cent soon and the country's USD 350 billion-plus foreign reserves put India in a comfortable position to deal with global challenges. Inaugurating the centenary celebrations of the Federation of Karnataka Chambers of Commerce and Industry, the President said macro economic parameters like inflation and external sector balance have improved in the past year.

    • Earlier imbalances in China's economy are making a comeback

      Buddhika Weerasinghe/ Getty ImagesChinese new home prices continued to push higher in April, logging the fastest annual increase in two years. According to China’s National Bureau of Statistics (NBS), new home prices rose by 6.2% from April 2015, an acceleration on the 4.9% pace seen in the 12 months to March.

    • U.S. job growth slows and profits tumble as a strong dollar and cheap oil undercut the earnings

      WASHINGTON – U.S. economic growth slowed in the fourth quarter, but not as sharply as previously estimated, with fairly strong consumer spending offsetting the drag from efforts by businesses to reduce an inventory overhang. Gross domestic product increased at a 1.4 per cent annual rate instead of the previously reported 1.0 per cent pace, the Commerce Department said on Friday in its third GDP estimate.

    Latest

    How False Flag Operations Are Carried Out Today
    How False Flag Operations Are Carried Out Today
    Consumers Close Wallets, Trim US 1st Quarter Growth
    Consumers Close Wallets, Trim US 1st Quarter...

    Markets Map

    Markets Map

    Follow Us

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS
    S&P 500: 2579.37 0.16% FTSE: 7487.96 -0.07% Nikk.: 22420.08 1.82% DAX: 13465.51 1.75% HSI: 28594.06 1.22% FX: EUR/GBP: 1.1401 USD/EUR: 1.1618 JPY/USD: 114.1510 Commodities: Gold: 1276.1000

    Bullfax.com - Market News & Analysis 2008-2011
    Contact Us | About Us | Terms & Conditions

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS .

    Secondary menu

    • Latest News
    • Top Rated
    • Most Popular
    • Archive
    • About Us