123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Automobiles >> View Article

Burton Mills: China Economy Continues To Slow

By Author: 1888pressrelease
Total Articles: 268

1888PressRelease - Burton Mills: China’s economy slows as authorities crack down on pollution and speculative financing.

With fixed asset investment, industrial activity and retail sales falling short of expectations last month, China’s economy slowed further as the government implemented a hard approach to factory pollution and debt risks.

Beijing is now in its second year of a program to decrease elevated levels of debt as the government is concerned that unsafe lending practices could endanger the economy.

Data recently released by Burton Mills indicated that policy makers are making some headway in neutralizing financial risks by easing China off its reliance on cheap credit and suggested moderate growth would take place over the next several quarters.

According to the National Bureau of Statistics, industrial production increased by 6.2 percent on an annual basis last month, less than analysts forecast of 6.3 percent and less that 6.6 percent the month before.

Fixed-asset investment growth also missed analysts’ expectations of 7.4 percent and decreased to 7.3 percent in the January-October period.

Economists at Burton Mills believe that the moderation in growth indicates that expansion slowed last month and will continue to do so in the coming quarters.

Property investment growth also eased after the government implemented more stringent regulations to drive out the speculative financing that has fueled a two year long property boom. Sales and new construction projects decreased last month.

Burton Mills economists stated that the slowdown in the property sector was what the government is looking to achieve and that it was unlikely that they would adjust their policy making strategy.

http://www.bizcitynews.com

Total Views: 77Word Count: 255See All articles From Author

Automobiles Articles

1. Cad Jobs: What Are The Different Options?
Author: Sabitini

2. Ring Main Unit Market Worth Over 2.45 Billion Usd By 2022
Author: Markets and Markets

3. What Steps Can You Take To Build Credit Score As A Young Individual?
Author: jeffery reynold

4. What To Consider When Planning To Buy A Motorbike
Author: Levi Fysh

5. Brushless Dc Motors Market About To Hit $8.15 Billion By 2021
Author: Markets and Markets

6. Bridgewater Car Sales - Getting The Best Deal
Author: Bridgewater Nissan

7. Being A Driving Instructor, A Challenging Profession
Author: Nate Mcgahey

8. Making A Smart Choice With The Help Of Used Cars Butler Nj
Author: Precision Jeep

9. Know Some Key Advantages Of Availing Truck Rental Services
Author: Emma Denton

10. Yellow Vs. White Fog Lights: Make A Better Decision For Brighter Light
Author: Nathan Howard

11. Vehicle Electrification Market Worth 92.59 Billion Usd By 2022
Author: Mr. Shelly Singh

12. Add Style, Elegance And Luxury To Weddings - Hire Wedding Cars
Author: Padraic O Reilly

13. How To Check Out Any Local Garage First For Auto Repairs?
Author: Mark Josesh

14. Get Your Peugeot 208 Regularly Serviced
Author: Barry Sharp

15. 3 Great Mazda 2 Features For Learner Drivers
Author: Greg Dean

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: