楼主: smallfishcn
36590 66

[经典文献] [分享](连载)国外主流媒体对中国经济发展的一些评论(原汁英语) [推广有奖]

51
paul-wanyichao 发表于 2007-4-20 17:25:00 |只看作者 |坛友微信交流群
干吗干脆做个压缩文件啊.不过还是谢谢哦

使用道具

52
smallfishcn 发表于 2007-4-20 23:21:00 |只看作者 |坛友微信交流群

China Economy Surges 11 Percent

By SCOTT McDONALD

The Associated Press
Thursday, April 19, 2007; 8:50 AM

http://www.washingtonpost.com/wp-dyn/content/article/2007/04/19/AR2007041900344_2.html

BEIJING -- China's sizzling economy surged 11.1 percent in the first quarter, causing the country's Cabinet to declare Thursday it will take steps to keep the economy from overheating.

The pledge by the State Council came after the government announced that inflation rose to its highest level in more than two years.

"If this type of fast growth continues, there is the possibility of shifting from fast growth to overheating. There is that risk," Li Xiaochao, spokesman for the National Bureau of Statistics, told a news conference.

Worries that Chinese authorities would raise interest rates to curb growth in Asia's second-biggest economy prompted regional stock markets to drop sharply. European markets also opened lower.

The consumer price index in March rose 3.3 percent, data showed, above the government's 3 percent target. And fixed-asset investment countrywide grew a robust 23.7 percent during March.

A statement posted on the council's Web site following a meeting chaired by Premier Wen Jiabao said the government will work to "reduce the country's large trade surplus, limit rapid growth in house prices and maintain basic price stability."

Asian markets fell ahead of the report's release in anticipation that the numbers would be stronger than expected and prompt Beijing to act to restrain growth in China, a major regional trading power. The nervousness was increased because Beijing delayed the release of the figures by five hours without an explanation.

As it turned out, quarterly gross domestic product did beat the forecast for 10.3 percent growth, according a poll of economists by Dow Jones Newswires. It was the highest growth rate since the second quarter of last year, when growth reached 11.5 percent, the fastest in a decade.

Beijing has already raised interest rates three times in the past year and imposed investment curbs on real estate, the auto industry and other fields.

While China's leaders want rapid growth to reduce poverty, they also are trying to slow an investment boom in real estate and other industries where they worry that overspending on unneeded factories and other assets could ignite inflation or a debt crisis.

Concerns about inflation are likely to grow after CPI rose to its highest since hitting 3.9 percent in February 2005.

Inflation in the first quarter was 2.7 percent, up 1.5 points compared with the same period last year. China has said it wants to keep inflation under 3 percent for the whole year after it increased 1.5 percent in 2006.

China Economy Surges 11 Percent

By SCOTT McDONALD

The Associated Press
Thursday, April 19, 2007; 8:50 AM

BEIJING -- China's sizzling economy surged 11.1 percent in the first quarter, causing the country's Cabinet to declare Thursday it will take steps to keep the economy from overheating.

The pledge by the State Council came after the government announced that inflation rose to its highest level in more than two years.

"If this type of fast growth continues, there is the possibility of shifting from fast growth to overheating. There is that risk," Li Xiaochao, spokesman for the National Bureau of Statistics, told a news conference.

Worries that Chinese authorities would raise interest rates to curb growth in Asia's second-biggest economy prompted regional stock markets to drop sharply. European markets also opened lower.

The consumer price index in March rose 3.3 percent, data showed, above the government's 3 percent target. And fixed-asset investment countrywide grew a robust 23.7 percent during March.

A statement posted on the council's Web site following a meeting chaired by Premier Wen Jiabao said the government will work to "reduce the country's large trade surplus, limit rapid growth in house prices and maintain basic price stability."

Asian markets fell ahead of the report's release in anticipation that the numbers would be stronger than expected and prompt Beijing to act to restrain growth in China, a major regional trading power. The nervousness was increased because Beijing delayed the release of the figures by five hours without an explanation.

As it turned out, quarterly gross domestic product did beat the forecast for 10.3 percent growth, according a poll of economists by Dow Jones Newswires. It was the highest growth rate since the second quarter of last year, when growth reached 11.5 percent, the fastest in a decade.

Beijing has already raised interest rates three times in the past year and imposed investment curbs on real estate, the auto industry and other fields.

While China's leaders want rapid growth to reduce poverty, they also are trying to slow an investment boom in real estate and other industries where they worry that overspending on unneeded factories and other assets could ignite inflation or a debt crisis.

Concerns about inflation are likely to grow after CPI rose to its highest since hitting 3.9 percent in February 2005.

Inflation in the first quarter was 2.7 percent, up 1.5 points compared with the same period last year. China has said it wants to keep inflation under 3 percent for the whole year after it increased 1.5 percent in 2006.

使用道具

53
smallfishcn 发表于 2007-4-20 23:24:00 |只看作者 |坛友微信交流群

China's economy surges, more tightening seen

By Eadie Chen and Tamora Vidaillet

Reuters
Thursday, April 19, 2007; 3:56 PM

BEIJING (Reuters) - China's economy grew at a blistering 11.1 percent annual pace in the first quarter on the back of booming investment and exports, fuelling speculation that interest rates would need to rise again soon.

The growth rate announced on Thursday was broadly in line with the 11.0 percent forecast by economists in a Reuters poll but it marked an acceleration from 10.4 percent in the fourth quarter of 2006.

Global stocks and the yen sank as the data exacerbated expectations of a rate rise. Chinese stocks lost 4.5 percent, the sharpest drop since February 27 when the Shanghai Composite Index (.SSEC) lost 9 percent, roiling world markets. (Global Markets report (MARKETS/EU).

Premier Wen Jiabao followed the release with a prompt warning on the need for Beijing to take timely steps to keep the world's fourth-largest economy on an even keel.

"We need to prevent the economy from shifting from relatively fast growth to a state of overheating and to prevent big ups and downs," Wen said in a statement on the government's Web site.

"We will work hard to keep basic stability in the overall level of prices," he told a regular cabinet meeting.

The strong data prompted a number of economists to predict that the central bank would take further tightening steps soon.

The People's Bank of China, in an effort to rein in an investment boom, has already raised interest rates once and increased banks' required reserves three times this year.

"This is very strong. It means more tightening. I think there will be at least two more rate hikes and the reserve ratio will have to go up to 12 percent from 10.5 percent," said Chris Leung, China economist at DBS Bank in Hong Kong.

STOCK MARKET DOWN

The National Bureau of Statistics said that annual consumer price inflation reached 3.3 percent in March, the first time it has gone above 3 percent -- the central bank's comfort level -- in more than two years.

China's stock markets had been braced for a high inflation figure, expecting that it could herald another rise in interest rates, which the central bank last lifted in mid-March.

The figures prompted some analysts to raise their forecasts for full-year growth.

Standard Chartered increased its 2007 GDP growth forecast to 10.6 percent from 9.6 percent. JPMorgan upped its forecast to 10.8 percent from 10.0 percent.

"Another big number proves that China's supertanker economy is still nowhere near slowing," Stephen Green, an economist with Standard Chartered in Shanghai, said in a note to clients.

Statistics agency spokesman Li Xiaochao told reporters that the economy might be on its way towards overheating, potentially heralding further tightening.

"Whether we need to raise interest rates depends on whether our economy will turn to overheating from fairly fast. If this happens, interest rates need to be raised. If this does not happen, then there is no need to raise them," Li said.

He also said that China faced more inflationary pressures due to uncertainties over food prices and likely moves by Beijing to further deregulate controls over utility prices, driving up the prices of water and electricity.

But to some the figures, which included a pick-up in annual growth in urban fixed-asset investment to 26.8 percent in March from 23.4 percent in the first two months, already clearly signaled that growth was running too fast.

"I think it is overheating. Today they announced 11.1 percent first quarter growth. This is a sign of not controlling the economy well," Hiroshi Watanabe, Japan's vice finance minister for international affairs, said in Abu Dhabi.

YUAN IN FOCUS

European Commission spokeswoman Amelia Torres, on the other hand, told reporters in Brussels that the accelerating growth was positive news for European exporters, adding that the EU hoped China's domestic demand would grow progressively.

Detailed figures suggested that was happening. Retail sales were up an annual 15.3 percent in March, accelerating from 14.7 percent in January-February and 13.7 percent in all of 2006.

Beijing has repeatedly said it hopes to boost domestic consumption to help rebalance its economy away from its current over-reliance on investment and exports. Those imbalances remained one of the most serious challenges facing policy makers, the statistics agency stressed on Thursday.

However, many economists say that to really trim the massive trade surplus, which doubled from a year earlier in the first three months to $46.4 billion, it needs to let the yuan (CNY=CFXS) appreciate more quickly.

The yuan on Thursday breached the psychologically important 7.7200 mark against the dollar for the first time since the central bank revalued it by 2.1 percent and decoupled it from a dollar peg in July 2005. It has now appreciated nearly 5.1 percent since then.

He Sheng, an analyst with Changjiang Securities in Shanghai, said the central bank could let the yuan strengthen more quickly because the trade surplus was probably an important reason for the sizzling growth in the first quarter.

"Yuan appreciation will pace up to show the government's determination in addressing the trade surplus, even though the exchange rate movement may have no immediate effect on trade," He said.

(Additional reporting by Zhou Xin, Langi Chiang, Susan Fenton, Kevin Yao, Lu Jianxin, William Schomberg in Brussels and Will Rasmussen in Abu Dhabi)



使用道具

54
germini 发表于 2007-4-28 15:01:00 |只看作者 |坛友微信交流群
同意楼上意见,有点贪心不足啊,呵呵

使用道具

55
freemanabc 发表于 2007-5-5 17:39:00 |只看作者 |坛友微信交流群

不要要求别人什么,多怀感恩的心

使用道具

56
lixianyin 发表于 2007-8-18 11:10:00 |只看作者 |坛友微信交流群
字体太小,无法阅读

使用道具

57
yueyue05nju 发表于 2007-8-24 10:27:00 |只看作者 |坛友微信交流群
全看了,是好文章,顶

使用道具

58
qzm1262008 发表于 2007-12-4 21:00:00 |只看作者 |坛友微信交流群
thank you~

使用道具

59
xiaojiangyanjun 发表于 2008-3-27 08:45:00 |只看作者 |坛友微信交流群

使用道具

60
zhangyanjiu 发表于 2008-6-11 09:15:00 |只看作者 |坛友微信交流群

楼主可不可以自己整理好了,再传上来,太多的英文看的头晕!

英文的部分只要抓住核心观点就可以了!

使用道具

您需要登录后才可以回帖 登录 | 我要注册

本版微信群
加JingGuanBbs
拉您进交流群

京ICP备16021002-2号 京B2-20170662号 京公网安备 11010802022788号 论坛法律顾问:王进律师 知识产权保护声明   免责及隐私声明

GMT+8, 2024-5-1 04:39