Stimulus boosts China’s economy - Nashville Tennessean
BEIJING — China has bought a rebound in economic growth with a flood of government spending and bank loans, averting a surge in politically dangerous unemployment and fueling hopes that it might help lead a world recovery. The government’s
Source: www.tennessean.com

China’s forex reserve not investment fund: central bank Governor - Javno
BEIJING, July 17 (Xinhua) — China’s Central Bank Governor Zhou Xiaochuan said Friday that the country’s foreign exchange reserve should not be seen as “an investment fund”, so it should not be looked on as a profit source
Source: www.javno.com

Shaq’s balls spark row in China - ABS-CBN
BEIJING - The fate of four signed basketballs given by NBA great Shaquille O’Neal to Sichuan earthquake survivors sparked an Internet storm in China this week. The 15-times All Star doled out the balls to four children on Tuesday when he was visiting
Source: www.abs-cbnnews.com

China shuts down legal center, revokes licenses - Associated Press
BEIJING (AP) — A legal research center in Beijing was shut down Friday and the licenses of more than 50 lawyers - many known for their politically sensitive human rights work - were revoked in what appeared to be one of China’s most drastic moves to
Source: hosted.ap.org

Massive stimulus helps China post 7.9% growth rate in second quarter - Hartford Courant
Reporting from Beijing - Massive stimulus spending and record bank lending lifted China’s economic growth rate in the second quarter to 7.9%, a sign that the Chinese economy is defying the recessionary forces that are weighing down most other
Source: www.courant.com

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