China Growth Seen at 13-Year Low by Pimco By Bloomberg News - Mon May 14 10:00:41 GMT 2012 Enlarge image China Growth Seen at 13-Year Low by Pimco as Banks Cut Forecast The People’s Bank of China said it will cut banks’ reserve requirement ratio by 50 basis points effective May 18. The People’s Bank of China said it will cut banks’ reserve requirement ratio by 50 basis points effective May 18. Photographer: Nelson Ching/Bloomberg China’s slowdown may deepen as policy makers unwind the excesses of a record credit boom while gradually stepping up stimulus, leaving 2012 growth at the weakest in 13 years, Pacific Investment Management Co. says. “The economy is unlikely to bottom until the third quarter,” Ramin Toloui, Pimco’s global co-head of ... Continue reading →

Enlarge image Former Chinese Communist Party Secretary of Chongqing Bo Xilai Former Chinese Communist Party Secretary of Chongqing Bo Xilai. Former Chinese Communist Party Secretary of Chongqing Bo Xilai. Photographer: Nelson Ching/Bloomberg Former Chongqing Communist Party Secretary Bo Xilai, right, is accompanied by his wife Gu Kailai at his father's funeral in Beijing, China, on Jan. 17, 2007. Source: AP Photo/Kyodo News/China Foto Press Among the Citigroup Inc. (C) bankers gathered in Hong Kong on Aug. 11, 2006, with the mayor of the northeastern Chinese city of Tieling to discuss investments in an industrial park was the son of a powerful China princeling. Li Wangzhi, who had joined Citigroup after earning a master’s degree at Columbia University, was the first son of Bo Xilai, according ... Continue reading →

Enlarge image China’s Soft Landing Still May Be Hard for Commodity Exporters Employees at the General Electric Co. healthcare unit's production facility work to assemble medical X-ray devices in Beijing, China. Employees at the General Electric Co. healthcare unit's production facility work to assemble medical X-ray devices in Beijing, China. Photographer: Nelson Ching/Bloomberg March 26 (Bloomberg) -- Nicholas Lardy, senior fellow at the Peterson Institute for International Economics in Washington and author of the 2012 book "Sustaining China’s Economic Growth after the Global Financial Crisis," talks about China's economy. He also discusses Europe's sovereign debt crisis and its implications for the global economy. He spoke on March 21 in Beijing with Bloomberg Television's Stephen Engle. (Source: Bloomberg) March 19 (Bloomberg) -- Tim Condon, chief Asia ... Continue reading →

Enlarge image China's Premier Wen Jiabao Wen Jiabao, China's premier. Wen Jiabao, China's premier. Photographer: Nelson Ching/Bloomberg March 6 (Bloomberg) -- Robert Kuhn, chairman of The Kuhn Foundation and author of "How China's Leaders Think," talks about the outlook for China's National People's Congress and government ahead of the country's leadership change. Kuhn speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg) Enlarge image China Inflation Goal Gives Scope for Relaxing Price Controls Inflation unexpectedly accelerated to 4.5 percent in January on the boost to spending from the weeklong Lunar New Year holiday. Inflation unexpectedly accelerated to 4.5 percent in January on the boost to spending from the weeklong Lunar New Year holiday. Photographer: Adam Dean/Bloomberg Enlarge image PetroChina Co. Chairman Jiang Jiemin ... Continue reading →

Enlarge image China’s One-Child Policy Is Poisoned Chalice for New Leader Nurses carry 30-day-old quadruplets, two baby girls and two baby boys, as they pose for a photo at a hospital in Lianyungang, Jiangsu province, China. Nurses carry 30-day-old quadruplets, two baby girls and two baby boys, as they pose for a photo at a hospital in Lianyungang, Jiangsu province, China. Source: AFP/Getty Images Enlarge image A Baby is Pulled Along in its Pushchair in Beijing Peter Parks/AFP/Getty Images A baby is pulled along in its pushchair on a street in Beijing. A baby is pulled along in its pushchair on a street in Beijing. Photographer: Peter Parks/AFP/Getty Images Enlarge image Pregnant Women Relax in a Coffee Shop Mark Ralston/AFP/Getty Images Four pregnant women relax ... Continue reading →

Chinese Official May Have Flown to Beijing After Consulate By Bloomberg News - Fri Feb 10 13:36:47 GMT 2012 A deputy Chinese mayor, whose stay at a U.S. consulate spurred speculation of a shakeup in China’s leadership, may have flown first-class to Beijing with a vice state security minister a day after meeting American diplomats. A seat was purchased for Wang Lijun on a Feb. 8 flight from Chengdu to Beijing, according to a website authorized by China’s aviation regulator to show all commercial air ticket information. Another first-class ticket was bought for Qiu Jin, a vice minister at the agency responsible for anti-espionage and covert operations to ensure state security. Wang, 52, oversaw a crackdown on gangs in the southwestern city of Chongqing that ... Continue reading →

China Won’t Force Technology Transfers, Commerce Minister Says By Bloomberg News - Thu Feb 09 07:32:10 GMT 2012 China won’t force foreign companies to transfer technology to ventures with their local partners in order to gain access to markets in the world’s second-largest economy, Commerce Minister Chen Deming said. “The Chinese government is committed to the policy of reform and opening up and welcomes and encourages, as always, foreign investment,” Chen said in a written response to questions from Bloomberg News. “Technology transfer and technology cooperation shall be decided by businesses independently and will not be used by the Chinese government as a pre-condition for market access.” The U.S. and other Chinese trading partners have increased criticism of the nation’s investment policies. President Barack Obama ... Continue reading →

China January Exports Probably Fell: Minister By Bloomberg News - Thu Feb 09 07:40:56 GMT 2012 Enlarge image China's Commerce Minister Chen Deming Chen Deming, China's minister of commerce. Chen Deming, China's minister of commerce. Photographer: Andrew Harrer/Bloomberg China’s exports probably declined in January after a slowdown in foreign trade in the second half of last year, Commerce Minister Chen Deming said as he pledged to maintain “stability” in the yuan’s exchange rate. Exports (CNFREXPY) in January “cannot make us optimistic” and are “expected to have negative growth due to Chinese New Year and other factors,” Chen said today in a written response to questions from Bloomberg News. “Chinese trading companies, particularly small and micro businesses, have come under growing pressure.” Hong Kong’s Hang Seng ... Continue reading →