Big week of Economic Data from China

June 18, 2011 - PRLog -- On Tuesday 14th June the rate of inflation was announced by the Shanghai Statistics Bureau for Shanghai.  The rate accelerated to a three-year high during May, although manufacturing growth slowed and fixed asset investment declined.

Analysts commented that economic conditions will force the authorities to stimulate the economy whilst keeping a tight reinon monetary policy to restrain inflation.  The Shanghai Statistics Bureau said that the Consumer Price Index (CPI)increased by 5.3% from May 2010, compared with 5.1% in April and 4.7% in March, although the Shanghai rate was significantly lower than the national average of 5.5%.

Read Full Article:  Rate of Inflation increases in Shanghai

http://asiaonlinenews.com/shanghai_inflation_160611.html

The figures indicate that whilst growth is slowing, the economy remain robust and is expected to experience a soft-landing.

The Ministry of Commerce in Beijing announced on Wednesday 15th June that Foreign Direct Investment (FDI) in China increased by 13.4% in May when compared to the same period last year.  The rate of growth decelerated from 15.2% for April when FDI stood.  The actual amount of FDI increased from US$8.5 billion in April to US$9.2 billion in May.

The May data increased the aggregate FDI for the year-to-date to US$48.0 billion, a 23.4% growth from 2010.  A Ministry of Commerce spokesman Yao Jian added that the rate of growth is "not bad."

Read Full Article:    Increase in FDI in China
http://asiaonlinenews.com/china_fdi_150611.html

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