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China's Q3 economic growth slows.(Notes & Quotes)
Worries that the Chinese economy may be overheating seem to have abated with recently released economic data. The National Bureau Of Statistics reported last week that China's gross domestic product grew 10.7% in the first the first three quarters of the year. While this is still a healthy clip, it is markedly below the 11.3% growth witnessed in the second quarter.
In addition, the bureau reported a 16.2% growth in industrial output in the third quarter, which is almost a 200-basis point decline from the second quarter output figures. Li Xiaochao, a spokesman for the NBS, placed the economic report in perspective, saying that the data suggested that "the excessive growth of the national economy has started to be curbed in the third quarter." Xiaochao also contended that the ...
- LG ELECTRONICS OPTS FOR BELT-TIGHTENING MEASURES.
- News wire article from: AsiaPulse News August 8, 2001 700+ words
...Aug 8 Asia Pulse - LG Electronics has been taking belt-tightening measures in all aspects of its operations, including facility...cut substantially. The company has opted to take belt-tightening measures due to the deterioration of its operations in the second...
- CHINESE ECONOMY SEEN TO SLOW AS TIGHTENING MEASURES KICK IN.
- News wire article from: AsiaPulse News June 28, 2006 700+ words
...China's research unit. But it is likely to slip a bit in the second half as the effects of the government's tightening measures over the past few months kick in. The People's Bank of China, the country's central bank, raised the lending...
- Our Social Lives and Personal Image the First to Suffer When the Going Gets...
- Press release article from: Business Wire April 25, 2006 700+ words
...clothes and upgrading technology are the top three belt-tightening measures of consumers worldwide, according to an online survey...measure (see Table 1). Cross-referencing these belt-tightening measures with an earlier ACNielsen survey about how consumers spend...
- CITY COUNCIL PASSES $1.301B BUDGET AMID CLASHES OVER HOSPITAL LAYOFFS SUBMITS...
- Newspaper article from: The Boston Globe Peter J. Howe, Globe Staff June 29, 1989 700+ words
...slashing any budget items. It passed instead a nonbinding report urging Mayor Flynn to impose several belt-tightening measures, including tighter controls on overtime, freezing out-of-state travel spending and consolidating the Human...
- BELT-TIGHTENING MEASURES SET FOR NICARAGUANS
- Newspaper article from: The Boston Globe Associated Press August 31, 1987 700+ words
MANAGUA, Nicaragua - President Daniel Ortega has announced new austerity measures to keep Nicaragua's economy from sinking deeper into debt and blamed the problem on five years of war against US-backed rebels. The package includes higher prices for fuel and public transportation, tighter gasoline
- Budget-Tightening Measures.
- News wire article from: UNB - United News of Bangladesh June 10, 2004 700+ words
Sangsad Bhaban, June 10 (UNB) In a bid to encourage the taxpayers to submit returns in time and discourage delay, the Finance Minister today proposed for raising the initial penalty of Tk 500 to Tk 2,500 for tax evaders. In case of continued default, the taxpayers will have to pay Tk 250 for each
- Delta employees' belt-tightening measures impact Peachtree City, Ga., economy.
- Newspaper article from: Atlanta Journal-Constitution (Atlanta, GA) September 16, 2005 700+ words
Sep. 16--The morning after Delta Air Lines filed for bankruptcy, the World Gym on Ga. 54 in Peachtree City began to feel its aftershocks. A Delta worker and longtime member phoned to say he was quitting. Racquetball was a luxury he could do without. "He wanted it effective immediately," said front
- SAMSUNG GROUP TO IMPLEMENT BELT-TIGHTENING MEASURES NEXT YEAR.
- News wire article from: AsiaPulse News October 8, 2002 700+ words
SEOUL, Oct 8 Asia Pulse - Samsung Group has notified its subsidiaries of guidelines for next year's business plans which call for a freeze on hiring new employees and a 10 per cent cut in costs, business sources said Tuesday. The group urged the subsidiaries to have a belt-tightening policy on