Chinese economic growth:
- 24 January 2011
The situation now presents a ‘damned if they do, damned if they don't' dilemma whereby if China reports higher growth, markets fall over worries on inflation, if it reports weaker growth, markets fall over worries on the detrimental effect on the global economy.
The Telegraph reported: "Strong China economic growth of 10.3pc spooks markets: China said its economy grew 10.3pc in 2010, marking the fastest annual pace since the onset of the global crisis but concerns about persistent inflation sent Asian markets tumbling." With markets increasingly taking their lead from Asia now, the repercussions were felt around the world.
- Landlords prepare to sell off 500,000 properties this year as buy-to-let tax changes bite
- Three in four employees believe they will be worse off in retirement than their parents
- Broker view: Severn Trent recommended as a "hold" on trading update
- Nearly 90% of London parents fear housing costs will force their children out of the capital
- Savers count the £160bn cost of record low interest rates
- Investing in China in the Year of the Monkey: Investors need to be nimble and smart
- Pension ISA at risk of being a 'Gordon Brown moment'
- Sterling jumps on positive UK services data
- Four AIM stock tips for intrepid investors to consider for their ISA
- Do central bankers need to toughen up in the face of market fright?