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BNP Paribas

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China’s economy posts slowest growth since 1999


China’s economy grew at its slowest pace in 13 years in 2012, though a year-end spurt supported by infrastructure spending and a jump in trade signalled the foundation for the stable growth path Beijing says is vital for economic reform may be in sight. Evidence of a burgeoning recovery in exports, stronger than expected industrial … Continue reading

China acts to boost loans, bolster flagging economy


China‘s central bank cut the amount of cash that banks must hold as reserves on Saturday, freeing an estimated 400 billion yuan ($63.5 billion) for lending to head-off the risk of a sudden slowdown in the world’s second-largest economy. The People’s Bank of China delivered a 50 basis point cut in banks’ reserve requirement ratio … Continue reading

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