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China Investment Corporation is committed to discussing possible investment plans in Greece once a government is formed in the European nation after Sunday's election, said Greek business leaders.

The intention was expressed by China's sovereign wealth fund during a recent visit to Beijing by a delegation from the Hellenic-Chinese Chamber, which aims to promote the development of business and
China must take precautions against a possible exit by debt-ridden Greece from the Eurozone, which would cause turbulence on global financial markets and hurt exports and growth, government economists and analysts have warned.

The world's second-largest economy might see its year-on-year growth dip below 7 percent if Greece leaves the Eurozone under current circumstances, according to Ba Shuso
CHINA'S annual economic growth could drop below 7 percent in the second quarter, an influential government adviser said in published remarks yesterday, the most pessimistic forecast of any government or private-sector economist.

Sub-7 percent growth would reflect the pace of the economy during the global financial crisis. China reported economic growth of just 6.6 percent in the first quarter
CHINESE consumers rate value highly ahead of price when they buy products, and this factor encourages more than 80 percent of domestic and overseas companies to "develop new and better products," according to a survey released yesterday.

Based on interviews of more than 150 Chinese and multinational companies, the latest China Consumer Market Strategies survey found that 83 percent of them ide
For the first time, people responding to a global survey are more likely to view China and not the United States as the world's leading economic power.

The results of the Pew Research Center survey do not reflect reality - America's economy remains well ahead of its closest rival. But it does highlight China's steadily rising public image amid rapid growth, as well as the erosion of the US sta
CHINA'S exports and imports rebounded more strongly than expected in May, giving bigger breathing space for policy-makers to implement supportive measures.

Exports rose 15.3 percent from a year earlier to US$181.1 billion last month, up sharply from 4.9 percent in April and 8.9 percent in March, the General Administration of Customs said yesterday.

Imports grew 12.7 percent to US$162.4 bill
CHINA may pump in as much as 2 trillion yuan (US$315 billion) in investment to boost the economy - half as much as in 2008 - with the country facing increasing challenges, a Credit Suisse report said.

It is so far the most specific prediction on how China will act against an economic slowdown, and whether it will have the same side effects as the 2008 stimulus.

The stimulus plan, if carried
THE Chinese government has called for more attention to increasing imports while stabilizing exports in order to promote more balanced and sustainable growth in foreign trade.

In a clear signal to encourage imports, the State Council, China's Cabinet, said in a guideline posted on its website yesterday that China will stabilize its imports of commodities and actively increase the imports of ad




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