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.
- Market leading savings rates are being pulled after just days on offer
- Halloween stock picks which could be winners but are still not for the faint hearted
- More than 20m have failed to review their pension in the past four years
- Younger women are not financially protected against breast cancer
- Up to 200,000 are poised to cash in their pensions next April
- As temperatures drop the battle between the UK's energy providers heats up
- Mindful Money's weekly shares watch: BP, Lloyds, Next & Barclays
- Pension scammer warning as 77% say they don't know the difference between pension income reforms and pension liberation
- The average working Briton enjoys some £500 a month in spare cash says Lloyds
- Red flag – Despite what some policymakers may imply, global debt levels are not reducing