Country expected to attain a soft landing.

By bne IntelliNews September 26, 2011
China's economy is expected to attain a soft landing, attributed to the government's tightening measures. As reported by Asia Pulse, Fan Gang, a former consultant from the People's Bank of China, China's central bank, stated that the country's economy is likely to decelerate over the short term, which is considered to be a good thing. The country's gross domestic product (GDP) has been advised to be maintained within 8%-9% in order to evade economic overheating and sustain a steady growth.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Dismiss