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MANUFACTURING activities in China's state-owned enterprises continued to expand in January while the private sector reported shrinking activities, according to two separate surveys released today.

Their results, however, pointed to a stabilizing trend in the world's second-largest economy which remained a star performer last month amid slow economic growth worldwide, analysts said.

The offi
Fast forward to 2012 and business and economic leaders gathering in Davos have a more sober take on the Asian juggernaut, now seen as a source of hope and opportunity but also possible unpleasant surprises.The world's second-largest economy is still expected to grow this year at a pace that would make most of the world jealous, but concern that China may mismanage a soft landing gets mentioned in
CHINA'S gross domestic product grew an annual 9.2 percent last year, moderating from the 10.3 percent in 2010, the National Bureau of Statistics said on its website today.

China's GDP totaled 47.16 trillion yuan...
CHINA'S export growth slowed in December, reflecting weakening global demand amid euro zone woes.

Overseas shipments rose 13.4 percent from a year ago, slowing down from a 13.8 percent increase in November, the...
About 120,000 Shanghai-registered service companies will switch from business tax to VAT next year, of which 85,000 are small taxpayers whose annual revenue is below 5 million yuan, the Shanghai Taxation Bureau said in a press conference this morning.
CHINA aims to increase its industrial output by 11 percent next year, easing from an estimated 13.9 percent growth in 2011, Miao Wei, the minister of Industry and Information Technology, said today.

Miao said development...
China's central bank lowered reserve requirements for commercial lenders for the first time since December 2008, a sign the country has started to ease its monetary stance as white-hot inflation is contained and economic uncertainties increase.

The central bank will reduce the ratio of money that banks have to set aside on deposit by 50 basis points among commercial lenders, effective on Dec 5
THE debt crisis in the eurozone and a falling domestic property market prompted another two huge financial institutions yesterday to cut their forecast of China's economic growth next year.

The gross domestic...

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