Reuters – China’s annual economic growth could be cut nearly in half this year if Europe’s debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil “significant” fiscal stimulus, the International Monetary Fund said.
Tag Archives: beijing
China moving to more convertible yuan: Zhou (Reuters)
Reuters – China’s central bank governor argued in comments published on Saturday that Beijing does not control the yuan’s flow across borders as tightly as some think and that it is natural for the currency’s trading band to be widened over time.
Japan looking to buy Chinese government bonds (Reuters)
Reuters – Japan will seek to buy Chinese government bonds, the Japanese government said in a statement issued after Prime Minister Yoshihiko Noda held talks in Beijing with Chinese Premier Wen Jiabao on Sunday.
‘Torn open’: Wind rips roof off $2.8 billion terminal
Substandard construction work was blamed Thursday after wind blew parts of the roof off a $2.8 billion terminal at the world’s second-busiest airport.
China denies it is behind hacking of U.S. satellites
BEIJING (Reuters) – Beijing on Monday denied a U.S.
Commentary says China not a "savior" for Europe (Reuters)
Reuters – Europe should not expect China to ride to the rescue as its “savior” from the debt crisis, though Beijing will do what it can to help a friend in need, state-run news agency Xinhua said in a commentary on Sunday.
Europe bailout fund chief courts China (Reuters)
Reuters – The head of Europe’s rescue fund sought to entice China on Saturday to invest in the facility by saying investors may be protected against a fifth of initial losses and that bonds could eventually be sold in yuan if Beijing desires.
China state media takes aim at U.S. currency bill (Reuters)
Reuters – China’s official news agency derided on Sunday U.S. lawmakers’ efforts to pressure Beijing over its currency policy as “expedient and shallow,” saying they were resorting to an old habit of deflecting blame on China.
China delays retirement of senior state banker: sources (Reuters)
Reuters – Chinese President Hu Jintao has delayed the retirement of China Development Bank’s (CDB) chairman, sources said, suggesting that Beijing wants to keep a steady hand at the helm of the country’s most powerful policy bank at a time of rising economic risks and global market volatility.
Top China paper scoffs at suggestion Beijing is hacking villain
BEIJING (Reuters) – China’s top official newspaper on Friday dismissed as irresponsible suggestions that Beijing was the “state actor” that security company McAfee said this week was likely behind massive Internet hacking of government and companies.

