China’s Hu warns of challenges in maintaining stable economic growth, social stability

September 17th, 2009 MOSCOW - A Kremlin economic adviser warned Thursday that the financial crisis in Russia and abroad may deteriorate further, despite recent signs of a recovery. The country's GDP (gross domestic product) rose slightly in August for the first time since the onset of the recession last year.

September 10th, 2009 Chinese legislator warns against protectionismWASHINGTON — China's chief legislator on Thursday called for better economic cooperation with the United States and the removal of trade barriers protecting U.S. industries from foreign competition.

August 26th, 2009 UYGUR - Chinese President Hu Jintao, who made his first trip to the Xinjiang Uygur autonomous region since last month's deadly riot, has warned the separatists that they are "doomed to fail". The July 5 riot, which killed 197 people and injured more than 1,600, were masterminded by the "three forces" of terrorism, separatism and extremism both at home and abroad, he said.

July 28th, 2009 China says inflation might revive in second halfBEIJING — Inflation in China might pick up in the second half of the year after a five-month decline in prices, the central bank said Tuesday. Economists have warned that Beijing's massive stimulus spending might ignite a rise in politically sensitive consumer inflation.

July 28th, 2009 Geithner says US and China seeking stabilityWASHINGTON — Treasury Secretary Timonthy Geithner (GUYT'-nur) says the United States and China are committed to building a more stable and balanced global economy. Geithner said in prepared remarks Tuesday that the two countries were determined to lay a foundation for more balanced growth once an economic recovery is firmly in place.

July 23rd, 2009 China's leaders seek economic stabilityBEIJING — China's powerful Politburo said Thursday that economic stability and the success of a $586 billion stimulus package are top priorities ahead of the 60th anniversary of Communist rule in October. A partial transcript of a Politburo meeting was read on state-run China Central Television's evening news broadcast, declaring it "vitally important to have the economic work done well" in the second half of the year when the anniversary is celebrated.

July 16th, 2009 China's growth accelerates to 7.9 percent in Q2BEIJING — China's economic growth accelerated to 7.9 percent from a year earlier in the second quarter amid a stimulus-fueled surge in consumer spending, factory output and investment, the government reported Thursday. The growth rate for the world's third-largest economy was up from the previous quarter's 6.1 percent, the National Bureau of Statistics reported.

June 19th, 2009 LONDON - The Chinese economy, hit very severely by the global economic crisis, could dip one more time if the government does not roll out structural reforms that would seek to curb 20 years of excessive dependence on exports, a leading Chinese economist has warned. Delivering a speech at the London School of Economics Thursday, Yu Yongding, director general of the Institute of World Economy and Politics at the Chinese Academy of Social Sciences, also warned that two decades of investment-driven growth strategy had led to serious problems with over-capacity.

June 18th, 2009 World Bank raises 2009 China growth forecastBEIJING — The World Bank is raising its 2009 growth forecast for China due to the country's stimulus-driven investment boom. But it also cautions that it is still too soon to say a sustained recovery is on the way.

June 17th, 2009 China says economy improving but recovery not firmBEIJING — China's top economic official said Wednesday the economy is showing positive changes but the basis of a recovery is not stable and the country should prepare for long-term difficulties, a state news agency reported. Premier Wen Jiabao's comments at a Cabinet meeting reflected government efforts to reassure its public and encourage consumers and companies to stimulate growth by spending more while also warning against complacency.

June 16th, 2009 BEIJING - A social researcher in China has revealed that at the end of 2008, China's urban population had surged to 607 million with an urbanization rate of 45.7 percent. According to Shan Jingjing of the Chinese Academy of Social Sciences (CASS), the urban population in the country has increased by 148 million since 2000, which is almost level with the rural population in the most populous nation in the world.

May 21st, 2009 NEW DELHI - Despite the political stability promised by the Congress-led coalition's resounding win at the recent parliamentary polls, the outlook remains dim for the Indian economy till 2010, says the economic intelligence arm of global rating agency Moody's. 'The robust export performance seen in the December quarter likely turned negative in the opening months of 2009,' Sharman Chan, economist with Moody's Economy.com, said Thursday.

May 19th, 2009 NEW DELHI - Prime Minister Manmohan Singh Tuesday said the priority of the new Congress-led government was the revival of economic growth and creating new employment opportunities that had been slowed down by the global recession. Addressing the newly-elected party MPs after being named the prime minister by the Congress Parliamentary Party, Manmohan Singh said: 'There is some slowing down of investment and employment generation.

April 22nd, 2009 Report says China facing looming aging crisisBEIJING — China's rapidly aging population threatens the country's social and economic stability and could affect the prospects of other countries around the world, a U.S. study says. The current ratio of 16 elderly people per 100 workers is set to double by 2025, then double again to 61 by 2050, according to the Washington-based Center for Strategic and International Studies.

March 5th, 2009 BEIJING - China would be able to achieve the economic growth target of about eight percent in 2009 if proper policies and measures are taken, Premier Wen Jiabao has said. 'As long as we adopt the right policies and appropriate measures and implement them effectively, we will be able to achieve this target,' Wen told the Second Session of the 11th National People's Congress (NPC).