China's latest economic figures, especially the purchasing managers' index (PMI) in both factory activity and the services sector, indicated sagging momentum in December, with the country's growth softening slightly last quarter, economists said. The National Bureau of Statistics (NBS) is scheduled, later this month, to release China's macroeconomic data for the fourth quarter and the entire year of 2013, such as gross domestic product (GDP) growth, industrial production, retail sales and fixed-asset investment. China's economy expanded by 7.7 percent in the first nine months of 2013. GDP growth in the third quarter accelerated to 7.8 percent from 7.5 percent in the second. On Dec. 25, a report submitted by the State Council (cabinet) to the country's parliament said China's economic growth in 2013 is likely to stand at 7.6 percent. That would be the weakest growth since 1999.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor