Arab Today, arab today china’s economic growth seen slowing down in 2012
Last Updated : GMT 01:11:51
Arab Today, arab today
Arab Today, arab today

China’s economic growth seen slowing down in 2012

Arab Today, arab today

Arab Today, arab today China’s economic growth seen slowing down in 2012

Hong Kong - Qna

Investment banks, economists and analysts have pessimistic forecasts for the Chinese economy in 2012. Economic growth is likely to slip to 7.9 percent in 2012, according to predictions from the investment bank Nomura International (Hong Kong) Ltd . That’s the most pessimistic prediction among the investment banks – the last time that China’s economic growth was below 8 percent was 1998 when the financial crisis hit Asia-Pacific – but almost all agree that global economic engine will face a challenging year. China’s economy is shifting from a model of two-digit high-speed growth to one at a relatively lower level, said Xia Bin, an academic adviser to the People’s Bank of China (PBOC). It will be necessary for the country to try all methods to expand domestic demand to cope with the harsh economic situation, said Xia. China’s economic momentum is slowing, largely due to a cooling property market and weak external demand, said Zhang Zhiwei, chief China economist at Nomura International. Economic growth may slow sharply to 7.5 percent year on year in the first quarter and 7.6 percent in the second quarter, according to a report from the bank. “The sluggish growth will be clearly noticeable in the national economy as well as in peoples’ ordinary lives in the first quarter of next year,” Zhang said. Economists are speculating that the PBOC, China’s central bank, will loosen its monetary policies in 2012 to support economic growth and provide a boost for the banking industry. China may relax the reserve-requirement ratios (RRR) for banks four times in 2012, as well as moving towards lower interest rates in the first quarter, Zhang said. Both economists agreed that the new-yuan loans will increase in 2012. Nomura’s prediction is for a rise to 8 trillion yuan ($1.26 trillion) while JPMorgan’s outlook is for about 8.2 trillion yuan.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china’s economic growth seen slowing down in 2012 Arab Today, arab today china’s economic growth seen slowing down in 2012

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china’s economic growth seen slowing down in 2012 Arab Today, arab today china’s economic growth seen slowing down in 2012

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Barcelona through George Orwell’s eyes

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Tillerson heads to Gulf, downbeat

GMT 09:23 2017 Friday ,20 October

Tillerson heads to Gulf, downbeat
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Actress Shery Adel happy for Egypt’s qualification

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:43 2017 Wednesday ,18 October

Fake dentists ply brisk trade

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday