China Economy Growth: People’s Bank of China said that Economic Growth was Slowing China Economy Growth SHANGHAI, July 28 – China’s economy is slowing but the central bank is showing no signs of panic, eschewing the clear relaxation of monetary policy so desired by investors. It appears to have put a floor under a key short-term money market rate and has also called a halt to two months of liquidity injections, making for supportive — not stimulative — monetary conditions. “For now, what we have seen are signals that the government is still confident in the economic recovery despite widespread global concerns over a slowdown,” said Jin Dehuan, an economist at Shanghai Securities and Futures Institute. China’s benchmark weighted average seven-day bond repurchase rate, the barometer of short-term money supply, rose to 1.7409 percent on Tuesday from Monday’s 1.7314 percent after fund drains by the People’s Bank of China. It fell back to 1.6891 on Wednesday, but traders said the central bank would not let the rate drop below 1.7 percent for long as it is on course to drain net funds from the market again this week. The central bank resumed net drains of funds via its open market operations last week for the first time in nine weeks, dashing hopes that it would pump more liquidity into the economy. China’s benchmark stock index has gained more than 10 percent this month, fuelled in part by expectations that the government would take its foot off the brake as the economy slows. Growth dipped to 10.3 percent year-on-year in the
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6 Responses to “China Economy Growth: People’s Bank of China said that Economic Growth was Slowing” Subscribe

  1. StockMarketFunding Trading School February 7, 2013 at 1:43 pm #

    Today’s Stock Market Trading Lesson: Live After Hours Short & Long NFLX Earnings Play /watch?v=4DZRVKmf2Kg

  2. StockMarketFunding Trading School February 7, 2013 at 2:38 pm #

    thanks for the solid comment! We agree, they are more levered to the consumer than the US is, not to mention that they lose roughly 7% of their GDP growth to pollution costs

  3. lustcorp February 7, 2013 at 3:30 pm #

    China’s export driven economy will slow down. It’s a no-brainer. When a country relies on export to grow, its growth is determined by the buyer countries. With U.S. and E.U. in recession, their pockets are tight. Even when U.S. and E.U. recovers, China’s economy eventually will be larger than the two combined, and they just can’t sustain China’s growth.

    So, China’s key to sustainable growth is in its own consumers. Free medical service and pension for the poor will unleash their spending power.

  4. kdcruz75 February 7, 2013 at 3:35 pm #

    only 3% of India’s 1.2 billion people have a birht certificate..
    when there is compuslory registration of the biological property
    that will increase the credit rating of INdia Inc..
    utube: birth certificate + warehouse receipt

  5. kdcruz75 February 7, 2013 at 4:07 pm #

    utube : Birth certificate + stock market
    the biggest consumer credit market is being prepared …
    liquidity being transformed from the largest gold and silver market in the world
    70% of india’s silver is in villages

  6. kdcruz75 February 7, 2013 at 4:51 pm #

    soros knows what he is doing ..the rupee is gonna be floated pretty soon has a new symbol..this is a shrewd long term investment
    i knew this was gonna happen there is a major push to make REGISTRATION of marriages compulsory and as well as digitsiation of birth certificates in rural areas…where there is a big push in micro credit tied to credit default swaps ..

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