Boom goes the dynamite in China

China's economic growth is slowing

(Reuters) - China's annual economic growth could fall below 7 percent in the second quarter if weak activity persists in June, an influential government adviser was quoted on Wednesday as saying.


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Chinese retail sales increase by 20.8 percent in November

China Nov. retail sales up 20.8 percent
International Business Times


By Deyu Zeng 11 December 2008 @ 11:13 pm EST Beijing - China's retail sales in November grew 20.8 percent from a year earlier, but eased from a 22 percent rise in October, according to data released by the National Bureau of Statistics on Friday.

The November growth rate is the lowest since March this year, the data revealed.

According to the data, throughout the first 11 months of the year, China's retail sales have increased 21.9 percent from a year earlier.

China's economy

Jul 26th 2007 | HONG KONG
From The Economist print edition

Fears that China's economy is overheating are exaggerated

CHINESE students may come top of the world league in mathematics, yet the country's economic numbers are notoriously dodgy. New figures showing that China's GDP growth quickened to 11.9% in the year to the second quarter, its fastest since the mid-1990s, while inflation jumped to 4.4% in June from 3.4% in May, have fuelled concerns that its economy is now seriously overheating. However, a closer inspection of the numbers suggests there is no need to panic—yet.