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发帖数: 575 | 1 【 以下文字转载自 bluechips 俱乐部 】
发信人: sanguo (小牛向前冲), 信区: bluechips
标 题: China's GDP Up 11.9 Percent (转载)
发信站: BBS 未名空间站 (Wed Apr 14 23:39:06 2010, 美东)
【 以下文字转载自 Stock 讨论区 】
发信人: sanguo (小牛向前冲), 信区: Stock
标 题: China's GDP Up 11.9 Percent
发信站: BBS 未名空间站 (Wed Apr 14 23:38:31 2010, 美东)
http://www.nytimes.com/aponline/2010/04/14/business/AP-AS-China-Economy.html?
src=busln
SHANGHAI (AP) -- China's economic growth surged to 11.9 percent in the first
quarter but inflation was lower than expected, easing pressure on Beijing to
hike
rates and cool the boom.
Consumer prices rose 2.2 percent compared with a year earlier, the National
Bureau
of Statistics said Thursday, well below the government's ceiling of 3
percent for
the year.
The data suggested Chinese leaders are succeeding in their effort to keep
stimulus-
led growth high while preventing inflation from spiking up. Analysts were
closely
watching Thursday's data to see whether interest rate hikes or more drastic
action
was required to prevent overheating.
The surge in economic expansion -- up from just over 6 percent in the same
quarter
a year ago -- was supported by a 19.6 percent rise in industrial output over
a year
earlier and a nearly 26 percent rise in investment in factories and other
fixed
assets.
The latest growth rate was up from 10.7 percent in the final quarter of 2009.
Chinese leaders face a challenge in checking inflation and curbing reckless,
stimulus-fueled spending on unneeded factories and other assets that could
leave a
mountain of bad debts.
Beijing raised fuel prices Wednesday in a show of confidence about its
ability to
keep inflation in check. |
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