Top China ADR Portal

China ADR stock research


Warning: strtotime(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home1/chinaves/public_html/libraries/joomla/utilities/date.php on line 56

Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home1/chinaves/public_html/libraries/joomla/utilities/date.php on line 198

Chinese vital statistics for March 2010

E-mail Print PDF

statistics_2 April 16, 2010 (Chinavestor) Most vital statistical data for March 2010 and the first quarter 2010 have been released as of yesterday. Some of the most important developments:

 

  • First quarter GDP growth reached 11.9% vs. consensus estimate of 11.7%
  • March 2010 Consumer Price Inflation (CPI) was 2.6% below estimate and less than 2.7% in February
  • March 2010 Producer Price Index (PPI) was 5.9%
  • March 2010 Industrial production rose 18.1% YoY
  • March 2010 Retail sales rose 18.0% YoY
  • First quarter Urban fixed asset investment rose 26.4%
  • March 2010 Property price increase reached a record 11.7%
  • March 2010 trade deficit of -$4.6 billion vs. -$390 million forecast
The situation is complex. High GDP growth with moderate inflation is unusual but is not without precedent. The U.S. experienced a similar situation - relatively high GDP growth an tamed inflation in 1996-2000. That was due to productivity growth but China's situation is different.  Interest rate hike alone will not work due to low core inflation.
Policy makers are troubled by the fast rise in asset prices as for a good reason. Counter measures have swiftly been put in place - down payment for second homes rose to 50% from 40% while down payment for third homes will be raised by a wide margin - suggested the State Council in a statement on Thursday. Additionally, interest rates out not to be lower than 110% of benchmark rates, the statement suggested.

 



If you like us, spread the word to the fellow investors on your favorite Social Bookmarking websites
Reddit! Del.icio.us! Mixx! Free and Open Source Software News Google! Live! Facebook! StumbleUpon! TwitThis Joomla Free PHP
 

!!! CHINAVESTOR.COM is for SALE !!!

BUY this domain with all its credentials. Chinavestor.com has been added to Google News and Finance since 2008! Huge web traffic upside potential! Website is optimized for Chinese stocks but can easily be tweaked. Contact Seller Here

sale1
G_news
Check out The Benefits of Getting into Google News!