InfoAnda - China weighs new plans to boost economic growth

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Gunmen kill Mexican reporter in front of colleagues | International | | 25 September 2009
US rolls out less revealing airport scanners | 2 February 2011
New version of Justin Bieber film to hit theaters | | 23 February 2011

YouTube to block music videos for UK users | Technology | | 10 March 2009

">Forum Views () ">Forum Replies ()

Read more with google mobile : China weighs new plans to boost economic growth

Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: China weighs new plans to boost economic growth By JOE McDONALD,AP Business Writer AP - 2 hours 4 minutes ago BEIJING - Chinese leaders began weighing possible plans Monday to expand a massive stimulus package with higher spending on health and social programs amid signs an economic slowdown is worsening. The meeting of top planners also might consider proposals to boost exports, cut income taxes and to inject government money into slumping Chinese stock markets, according to state media and analysts. The government has released no agenda for the meeting. The meeting comes as Beijing tries to figure out how to get the most out of a 4 trillion yuan ($586 billion) package announced Nov. 9 that is meant to shield China from a global slowdown with spending on construction and other projects. Optimism that the meeting will produce more steps to bolster the economy lifted stock markets in Hong Kong and Shanghai. China's main market index closed up 3.6 percent while Hong Kong's Hang Seng index surged 7.5 percent Monday. The plan's key goal is to lift consumer spending, and analysts say that is unlikely until Beijing creates a stronger social safety net for Chinese families, which have to save heavily to pay for health care, schooling and retirement. Alarm about job losses and possible unrest has mounted after economic growth slowed in the last quarter to 9 percent, down from 2007's 11.9 percent. A slowdown in factory output, construction and other areas is worsening. The annual planning meeting of top Communist Party and Cabinet officials is meant to make strategy for 2009. The government's Xinhua News Agency announced it opened Monday morning but gave no details of the agenda or who would attend. Last year's participants included President Hu Jintao and Premier Wen Jiabao. Hu warned Communist Party leaders in a Nov. 29 speech that China was losing its competitive edge and said the downturn would test their "governing ability." China's planning agency, the Cabinet's National Development and Reform Commission, was working on a plan for more spending on schools, health and other social programs, according to the Economic Observer, a leading Chinese business newspaper. The Cabinet and NDRC press offices did not respond to requests for information. Other Chinese news reports said planners might consider proposals to boost slowing export growth. They also might take up a proposal to cut taxes on lower-income Chinese workers, said Merrill Lynch economists Ting Lu and T.J. Bond in report. They said policymakers also might try to support stock markets but they downplayed the effectiveness of a stabilization fund. "We think it's just a token move on the part of the central government to try to revive investors' confidence," they said. China and the United States, in a joint announcement after two days of economic talks, pledged Friday to boost exports by offering up to $20 billion in loans to finance imports of their goods by developing countries. Such credit in developing economies has dried up as lenders try to shield themselves from global financial turmoil. The planning meeting also might release details of how Beijing will finance its stimulus package, the government newspaper China Daily said. Officials say the central government will pay for 1.2 trillion yuan ($176 billion) of the package, with the rest coming from local governments and state companies. But no details have been released. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy GLOBAL MARKETS-Equities surge on stimulus hopes for economyReuters - 24 minutes ago TOPWRAP 5-Car bailout hopes rise; EU, China plot next movesReuters - 43 minutes ago Wall Street looks for upbeat openAP - 1 hour 4 minutes ago China auto sales fall in NovemberAP - 1 hour 38 minutes ago Related Articles: Business EU clears France's bank bailout planAP - 20 minutes ago China wants to keep talking with US-US's McCormickReuters - 21 minutes ago GLOBAL MARKETS-Equities surge on stimulus hopes for economyReuters - 24 minutes ago Aquarius says suspends Everest platinum mine worksReuters - 24 minutes ago Emerging Markets-Assets rally on stimulus plansReuters - 24 minutes ago Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Financial crisis tipped to cut cost of air travel Girl, 8, among 17 dead in Manila shoot-out: police Oil price falls below $40 Climate change: Sci-fi solutions no longer in the margins Vinnie Jones gets into bar fight over role in X-Men View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

Other News on Monday, 8 December 2008
SCDF to step up inspections to reduce fire outbreaks
NBC names David Gregory host of 'Meet the Press'
Negotiators set for 'tough' NKorea nuclear talks
Japanese PM's approval rating plunges: poll
Maritime body issues S. China Sea piracy warning
McCain: Afghanistan situation will get harder
Indian minister denies calling Pakistani president
Japan struggles to boost homegrown food
Heroes honored for bravery in Mumbai attack
NBC names David Gregory host of 'Meet the Press'
New Miss France is French-American
`Christmases' repeats at No. 1 with $18.2 million
More than 160 US, NATO vehicles burned in Pakistan
Barbra Streisand, Morgan Freeman to receive awards
Kurdish rebels in Iraq declare 9-day cease-fire
China lodges protest over Dalai Lama meeting
La Scala opens season with Verdi's 'Don Carlo'
Videogames not just for kids: Pew survey
Del Toro admires 'Che' thinking, but not violence
'Four Christmases' plenty jolly at No.1 for second weekend
India plans $4 billion in extra spending
Iraq to guard historic sites with police commandos
Russians pay last respects to Orthodox Patriarch
Curbs make Gaza fete like turkey-less Thanksgiving
Financial crisis tipped to cut cost of air travel
Murder trial opens for French girl killed in Israel
Olmert slams pogrom, Palestinians still fearful | International |
Israel mulls tougher action against Gaza rockets
US auto rescue plan heads for showdown in Congress
Tainted Irish pork may have reached 25 nations | International |
Pakistan militants torch 65 NATO supply trucks: police
India unveils $4bln economic stimulus package
Japan PM's support slides further, polls show | International |
Earthquake shakes Taiwan, no reports of damage | International |
Ghana votes for new president to usher in oil era | International |
UN watchdog chief says Iran anti-nuclear efforts failed: report
Croatia's olive oil producers fight quantity with quality
Thai opposition looks set to form new government
Death to Bourbons cry raises uproar in Spain | International |
9-11 victims' kin to watch Guantanamo court proceedings
Seoul shares open higher; autos, techs rise
Peruvian chefs serve up world's largest ceviche | International |
Premier urges welfare bonus Christmas splurge
Double-whammy hits troubled Thailand's economy: analysts
Obama vows to improve treatment of vets
NZ Q3 value of residential building work tumbles
New Zealand PM says kiwi dollar may fall further
NZ stocks open higher on Wall St rally
U.S. director's Che movie wins praise in Cuba | Entertainment |
'Four Christmases' top movie for second weekend | Entertainment |
Celebrities try to warm hearts of cold homeless in Canada
Actress and drama coach Nina Foch dies at 84
Five soldiers killed in Philippine clashes: military
Australian film industry honors Heath Ledger
Benicio del Toro urges Cuba, US to talk
Tenor cries betrayal as Milan's La Scala dumps him
David Gregory is named as host of NBC's Meet the Press
RPT-GLOBAL MARKETS-Asia stocks climb on oil drop, US auto rescue
Obama vows new deal for Afghanistan
Winners blaze to a finish in 'Amazing Race' finale
Grammys toot their horn at new LA home
Moderate earthquake strikes offshore Taiwan
China confirms six-party nuc talks to begin Monday
Fizwig.com :: Free Web Hosting & WebTools Resource Centre
5 Filipino troops killed in clash with militants
Iconic Palestinian headdress brings colourful clash to Beirut
Thai opposition looks set to form new government
Envoys gloomy over talks on NKorea nuclear drive
Rockers Placebo play anti-slavery gig at Cambodia's Angkor Wat
Thai Democrat Party to nominate its leader for PM: senior members
Oil recovers in Asia trade after previous week's sharp falls
Expect consequences, Chinese media tell France's Sarkozy
Indian minister denies calling Pakistani president
Thai Beverage puts Bangkok listing on hold again
Vietnamese Catholics on trial in land dispute case
CCMP Asia raises $1.2 bln buyout fund, changes name
Taliban in 72 percent of Afghanistan, think-tank says | International |
Pakistan raids camp of group blamed for Mumbai | International |
Iran says will not halt atom work despite U.S. demand | International |
WITNESS: China's long march from Mao to modernity | International |
Vietnam Catholics protest at land dispute trial | International |
Sri Lanka say troops poised to take rebel HQ
Fighting in southern Philippines kills 10: military | International |
Thai opposition may take power, army's aid hinted
Lebanon losing battle to keep the lights on | International |
S.Korea c.bank to inject $3 billion via Fed credit
Japan urges Chinese ships to leave disputed waters
S.Korea banks to ante up 80 pct of $7 bln bond fund
Chinese media slams Sarkozy for Dalai Lama meeting
S.Korea c.bank delays GDP forecasts to Friday
HK stocks surge 7.5 pct on China stimulus hopes
Rain hampers Malaysian landslide rescue
South Korean stocks surge on Obama spending plan
China city locks up 'petitioners' in mental asylum: state media
Stimulus plan hopes send Seoul shares up 7.5 pct
Oil bounces off 4-year lows to near $43 a barrel
SKorea defense chief says NKorea 'unstable'
S.Korea won up 2 pct; econ plan hopes lift stocks
Indian minister denies calling Pakistani president
Creditors close to deal with SKorea's Hynix: minister
Hollywood and Broadway giants take Washington honors | Entertainment |
WRAPUP 1-NZ leader sees shallow recession, lower currency
Ford lays off 30 executives in Philippines: report
Four Christmases top movie for second weekend | Entertainment |
Grammys stumble with new TV special for nominees | Entertainment |
Benicio del Toro urges Cuba, US to talk
Fall Out Boy packs fans into St. Louis club | Entertainment |
Kylie to sing in Bollywood: report
Rockers Placebo play anti-slavery gig at Cambodia's Angkor Wat
Jonas Brothers, Taylor Swift to welcome '09 on ABC
Six decades on, German-Russian war booty disputes still rage
2 Filipino robbery suspects killed in shootout
Pakistan targets suspected Mumbai attackers
Support for Japan PM dives to around 20 percent
Coal mine blast kills 7 in Vietnam
Results due in key Indian state elections
Pakistan arrests three in Mumbai attacks probe: official
Former Cambodian monarch says his health is deteriorating
Taliban chief: More fighting to come
Thai parties locked in fierce power struggle
Pakistan arrests three over Mumbai attacks
Catholic protesters face court in Vietnam
Fire at Japan nuclear plant, no radiation leak
Pakistan targets suspected Mumbai attackers
Kelly Chen, Leo Ku Portraits Used as Funeral Parlor Advertisements
Nepal Maoists threaten to quit government
San Miguel of Philippines enters joint venture with Qatar Telecom
Pacific ministers to press Fiji on elections
India's Congress bucks gloomy predictions in key state polls
Kevin Cheng, Myolie Wu rumored to be on retrenchment list
Smashing night for "Cape No.7"
Behind the scenes with "Love Blossoms 2"
Oxford-educated patrician could be next Thai PM
Negotiators prepare to hold NKorea nuclear talks
Australian rugby league coach quits after outburst
NKorea nuclear talks get under way in Beijing
Pakistan targets suspected Mumbai attackers
S.League clubs to get subsidy to hire new foreign players
Wife of former NKF chairman pleads guilty to money laundering
Pakistan militants torch 100 NATO vehicles: police
Pakistan arrests suspected Mumbai planner: source | International |
Brown, Sarkozy, Barroso meet for credit crunch mini-summit
Pakistan militants torch 50 NATO supply trucks: police
Third day of riots grip Greece after shooting | International |
World stocks rocket on hopes of fresh policy action
Envoys see tough haggling ahead with North Korea | International |
Thai opposition seeks urgent vote for new PM | International |
Iran rejects Obama's 'carrot-and-stick' proposal
Lawsuit over China tainted milk rejected
EU joins calls for Zimbabwe's Mugabe to resign | International |
Iran tells Obama to drop 'carrot and stick' in nuclear row
11—year—old crowned Junior World Mental Mathematics Champion
Congo rebels unhappy at government's wide talks invite | International |
Pakistan arrests suspected Mumbai plotter
Thai opposition may take power, army's aid hinted
Stones in hand, Muslim pilgrims march to stone devil | International |
Sri Lanka seizes bunkers outside rebel capital
Taiwan government considers issuing bonds overseas
Iraq security contractors face end to immunity | International |
Muslims in Singapore celebrate Hari Raya Haji
China auto sales fall in November
Wal-Mart to sell $99 iPhones in late December: report | Technology |
New recipes to increase daily oat intake among youths
China weighs new plans to boost economic growth
NTUC wants to improve working conditions of casual, contract workers
SKorea's Hynix Semiconductor working to raise cash
Vietnam court convicts Catholics in land dispute
WRAPUP 2-S.Korea banks back bond fund to fight crisis
Car dealers expect slow sales leading up to festive season
Reports: China auto sales fall in November
Ford cuts Philippine office staff by 15 percent
Taiwan dlr rises on exports, foreign fund inflows
Taiwan exports post worst slump in 7 yrs, rate cut seen
Plastic jeans, denim paper, thanks to fashion's eco-warriors
Dalai Lama says oppression continues in Tibet
UN: Food production drops again in NKorea
Houdini—based visual effects studio opens in Nanyang Polytechnic
Hurdler Liu Xiang's surgery 'a success'
Japan: Chinese ships intruded in disputed waters
China court refuses to accept tainted milk lawsuit
Pakistan arrests suspected Mumbai plotter
Australia gives Ledger posthumous acting award
Communist Party of Vietnam delegation to visit Singapore
Hard times hit Iraq's Feast of the Sacrifice
Companies in Asia still donating to charity despite economic downturn
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01