www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

CHINA> National
China investment surge boosts recovery hopes
(Agencies)
Updated: 2009-06-11 14:14

BEIJING/TOKYO -- Chinese investment surged in May, adding to hopes the world's third largest economy may lead a recovery, but a record slump in Japan's first-quarter GDP reinforced expectations its rebound from recession will be slow.

China's investment pick-up, which comes on the back of massive government stimulus spending, offset surprisingly weak figures for exports and imports, which both fell for a seventh consecutive month and at an accelerating pace.

Related readings:
China investment surge boosts recovery hopes Exports get another jolt but decline is easing
China investment surge boosts recovery hopes Full recovery needs more private investment
China investment surge boosts recovery hopes China rolls out policy to boost exports
China investment surge boosts recovery hopes China economy poised for 'sustainable' growth

China investment surge boosts recovery hopes Chinese economy bottoming out, but to stage U-turn recovery

There was positive news from Australia, where a smaller-than-expected fall in employment built on hopes the country, which has so far dodged falling into recession, will see an economic revival sooner than other developed nations.

Global data in recent weeks has pointed to a rebound from the deepest recession in six decades, driving stock markets sharply higher from a March trough, but worries about the ballooning US trade and budget deficits hang over the nascent recovery.

US Treasuries edged up in Asian trade, after the benchmark 10-year yield advanced to 4 percent overnight, the highest since October 16, on concern about how expensive it will be for the US government to finance its growing budget deficit.

"The risk of rising yields should not be discounted," said Joseph Brusuelas of Moody's Economy.com. "If continued, they will reduce home mortgage refinancing and curtail corporate borrowing, both critical to an economic recovery."

Stimulus Plan

China has sought to cushion the blow from falling exports with a 4 trillion yuan ($585 billion) economic stimulus plan.

Data on Thursday showed annual growth of fixed asset investment in urban areas in the January-May period accelerated to 32.9 percent, from 30.5 percent in the first four months of the year, suggesting the stimulus is working.

"I think this is a welcome sign of momentum building in the Chinese economy, and it's good for the global outlook," said David Cohen of Action Economics in Singapore.

Underpinned by optimism over the Chinese economy, commodity-related stocks in Asia rose for a third straight day while oil prices extended gains to seven-month highs.

The need for government pump-priming was underlined by May customs data that showed exports fell 26.4 percent on the year, while imports fell 25.2 percent, resulting in a trade surplus of $13.4 billion, compared with $13.1 billion in April and $18.6 billion in March.

"I've always been pretty conservative with China's import and export forecasts, and I think they haven't reached a bottom yet, because the US and European economies are still deep in recession," said Sherman Chan of Moody's Economy.com in Sydney.

   Previous page 1 2 Next Page  

 

 

主站蜘蛛池模板: 久9这里精品免费视频 | 在线观看一级毛片 | 在线观看亚洲人成网站 | 波多野吉衣 免费一区 | 美女图片131亚洲午夜 | 久久国产精品一区二区三区 | 久久欧美精品欧美九久欧美 | 亚洲欧美精品一区二区 | 美女毛片儿 | 国产一级毛片视频在线! | 日韩高清欧美 | 久久综合88| 国产大学生自拍 | 亚洲午夜免费 | 国产日产欧产精品精品推荐小说 | 中美日韩在线网免费毛片视频 | 超级香蕉97视频在线观看一区 | 日韩成人免费在线视频 | 成人永久福利在线观看不卡 | 国产中文字幕免费观看 | 国产精品三级 | 亚洲网站在线播放 | 成年人黄色片 | 国产精品18久久久久久久久久 | 欧美xx69| 国产网友自拍 | 成人免费国产欧美日韩你懂的 | 国产在线观看第一页 | 亚洲视频国产 | japanese日本tube色系 | 一区二区三区在线观看视频 | 久草在线手机 | 亚洲综合亚洲综合网成人 | 欧美一级片免费看 | 日韩免费一级毛片欧美一级日韩片 | 午夜免费69性视频爽爽爽 | 日本美女作爱 | 香港激情三级做爰小说 | 精品视频久久久久 | 久青草国产在线 | 香蕉依依精品视频在线播放 |