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2015-12-28 — reuters.com
Profits earned by Chinese industrial companies in November fell 1.4 percent from a year earlier, marking a sixth consecutive month of decline, statistics bureau data showed on Sunday... China's producer prices have been in negative territory for nearly four years due to weak domestic demand and overcapacity.
The country's top leader last week outlined main economic targets for next year after they held the annual Central Economic Work Conference, where it said the government will push forward "supply-side reform" to help generate new growth engines in the world's second-largest economy while tackling factory overcapacity and property inventories. Sounds like China need demand-side reform... source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |