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the world bank has forecast china's economic growth this year will slump to its lowest since 1999 and called for monetary and fiscal easing to soften the blow t in its twice-yearly update on east asian and pacific economies , the bank yesterday lowered its growth forecast for china to 8.2 per cent from the 8.4 per cent it estimated in november t it cited greater threats from sluggish demand in the eu and us , and the slumping property sector .
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societe generale yesterday reported a 20.1 per cent fall in net profit for the first quarter , hit by the cost of selling assets and other one-off charges as the bank sought to strengthen its balaunce sheet amid a slowing economy .
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the world bank on thursday cut its 2012 growth forecast for china , adding to warnings the economy might slowing too abruptly , and said beijing should be ready to launch a new stimulus .
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bank of china , the country's third-biggest lender by assets , said profits growth decelerated to 10 per cent in the first quarter as a slowdown in the world's second-largest economy curtailed loan expansion and margins .
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the world bank cut its growth forecast for china yesterday , adding to warnings the world's second-largest economy might slowing too abruptly , and said beijing should be ready to launch a new stimulus if needed .
. .
china needs an appropriate amount of investment to spur growth but beijing should not launch a new round of aggressive fiscal stimulus , influential academics said on wednesday .
. .
the world bank has forecast china's economic growth this year will slump to its lowest since 1999 and called for monetary and fiscal easing to soften the blow t in its twice-yearly update on east asian and pacific economies , the bank yesterday lowered its growth forecast for china to 8.2 per cent from the 8.4 per cent it estimated in november t it cited greater threats from sluggish demand in the eu and us , and the slumping property sector .
. .
societe generale yesterday reported a 20.1 per cent fall in net profit for the first quarter , hit by the cost of selling assets and other one-off charges as the bank sought to strengthen its balaunce sheet amid a slowing economy .
. .
bank of china , the country's third-biggest lender by assets , said profits growth decelerated to 10 per cent in the first quarter as a slowdown in the world's second-largest economy curtailed loan expansion and margins .
. .
the world bank cut its growth forecast for china yesterday , adding to warnings the world's second-largest economy might slowing too abruptly , and said beijing should be ready to launch a new stimulus if needed .
. .
china construction bank , the second-largest mainland callender by assets , says its credit quality improved in the first quarter , but the bank iscal still taking precautionary measures to guard against lurking risks .
. .
the world bank on thursday cut its 2012 growth forecast for china , adding to warnings the economy might slowing too abruptly , and said beijing should be ready to launch a new stimulus .
. .
the world bank cut its economic growth forecast for china to 8.2 per cent on wednesday and urged beijing to rely on easing fiscal policy rather than investment to boost growth .
china needs an appropriate amount of investment to spur growth but beijing should not launch a new round of aggressive fiscal stimulus , influential academics said on wednesday .
the world bank has cut its growth forecast for china , adding to warnings the world’s second-largest economy might be slowing too abruptly .
Generated 2012-6-3_19:20
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