| China to implement prudent monetary policy in 2011 |
 |
 |
 |
|
(March 7, 2011) China will implement a prudent monetary policy in 2011 and plan a 16-percent increase in the broad money supply (M2), says a government work report to be delivered by Premier Wen Jiabao at the parliament' s annual session Saturday.
The government will employ the price and quantitative instruments and improve the effect of its monetary policy, reads the report, distributed to the media before the opening of the Fourth Session of the 11th National People' s Congress (NPC). The government will continue the proactive fiscal policy this year, the report says. China has targeted a 17-percent rise in the M2 in 2010, which actually increased 19.7 percent over 2009. (Source: Chinadaily)
|
Follow Us on Facebook
News
Australia could be a capital 'safe haven（May 18,2012） EUROPE'S economic turmoil could turn Australia into a safe haven for global capital, former Treasury secretary Ken Henry says. Mr Henry said the unfolding economic crisis in Europe will create ... READMORE |
Victorian prison project in trouble（May 17,2012） UNIONS have called on the Victorian government to intervene in the Ararat prison development after builders were unable to pay contractors. The $400-million public-private partnership project may be up to ... READMORE |
Dollar falls below parity, hits five-mon（May 16,2012） THE dollar fell below parity with the US dollar for the first time in almost five months, as political uncertainty in Greece and signs of an economic slowdown in ... READMORE |
Australian consumers in crisis mode（May 15,2012） MORE than half of all Australians feel they have been personally affected the global downturn, despite the nation's strong economy. Some 58 per cent of respondents said they believed they ... READMORE |
Australian consumers in crisis mode（May 14,2012） MORE than half of all Australians feel they have been personally affected the global downturn, despite the nation's strong economy. Some 58 per cent of respondents said they believed they ... READMORE |
Yahoo! CEO Scott Thompson says sorry for（May 11 ，2012）YAHOO! CEO Scott Thompson says he is sorry for allowing an inaccuracy about his education to appear in his official biography, but not remorseful enough to heed calls ... READMORE |
Substance to OneSteel's new direction un（May 10 ，2012）IT'S appropriate that OneSteel holders today used a futuristic hand-held gizmo to vote to change the company's name to Arrium, which is an ancient Incan term for "anything ... READMORE |
Trade deficit doubles as growth in impor（May 09 ，2012） AUSTRALIA posted a seasonally adjusted trade deficit of $1.59 billion in March, compared with a deficit of $754 million in February, the Australian Bureau of Statistics said today. Economists ... READMORE |
Trade deficit doubles as growth in impor（May 09 ，2012） AUSTRALIA posted a seasonally adjusted trade deficit of $1.59 billion in March, compared with a deficit of $754 million in February, the Australian Bureau of Statistics said today. Economists ... READMORE |
Australian shares inch higher after loss（May 08 ，2012） AUSTRALIAN shares edged higher today ahead of the Federal budget announcement, as calm returned to markets following a heavy sell off in the previous session. The S&P/ASX 200 index ... READMORE |
|
More in: News
|
- + 3 |
Subscribe RSS feed
