123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Automobiles >> View Article

Burton Mills: China Economy Continues To Slow

By Author: 1888pressrelease
Total Articles: 175

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: 23Word Count: 255See All articles From Author

Automobiles Articles

1. Timing Belt
Author: David J Warner

2. An Overview On ‘how To Sell My Scooter Online’
Author: Scrapmybike

3. Save Money On Fuel With Electric Motorbikes In The Uk
Author: Amit Parmar

4. Choosing The Right Auto Garage Management Software For Your Business
Author: Jim Carrey is the author of this article

5. 5 Important Reasons Why You Should Replace Your Car Windscreen
Author: Anna Lampasona

6. Bmw Car Dealers In Miami Offer Used Cars In Best Condition And Affordable Price
Author: sandyleonk

7. Key Stuck In Ignition! Five Questions Help Todiagnose The Key Problem In A Minute
Author: Daniel Cohen

8. Car Detailing And Car Washing – Is There Any Difference In Actual?
Author: neel patel

9. Why Buying High Performance Parts Online Is The Best Choice For Racing Car Enthusiasts
Author: Paul

10. 5 Probable Causes For Car Engine Failure
Author: Paul Zervos

11. When Should You Opt For A Limo Service Dallas
Author: abigayle

12. Why Opt For A Limo Service Fort Worth
Author: abigayle

13. Advantages Offered By A Limo Service Dallas
Author: abigayle

14. How To Get A Truck For Rent Or A Truck Load In This Busy World
Author: Truck for rent

15. Recent Trends In Car Pooling And Car Rental In New Zealand
Author: ashok saraswat

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