BEIJING: The Chinese government will stick to an economic policy
that focuses on curbing inflation for the rest of the year, a senior
official told China’s top legislature, as slowing output and
rising prices loom over the post-Games economy.
Economic planners would exert themselves to
increase supplies of necessities, closely track key prices and make
price controls more effective, National Development and Reform
Commission deputy chief Zhu Zhixin told the fourth session of the
Standing Committee of the Eleventh National People’s Congress on
Wednesday.
China focuses on curbing inflation
What the Chinese have been dreaming about for a decade was finally
realized Sunday, when the Olympic flame atop the stadium was
extinguished on Sunday. The great success of the event boosts the
global image of the country and...
BEIJING: China’s banking sector, once considered the weakest link
in the nation’s economy, has had a spectacular first half, with
one lender now touting itself as the most profitable bank in the
world.
