Posts Tagged ‘beijing china’

China surpasses Japan as world’s second largest economy

Ayinde O. Chase – AHN News Editor Beijing, China (AHN) – China has surpassed Japan as the world’s second largest economy. Monday’s announcement makes China’s rise on the GDP ladder a point of worldwide note in ascertaining global power and power and influence. If China maintains its current rate of growth it could be the […]

China To Set Tight Monetary Policy

Linda Young – AHN News Writer Beijing, China (AHN) – China announced its intent to tighten its monetary policy in 2011 in a shift from relatively loose to a prudent stance, a sign that it might hike interest rates. In 2008, China responded to the global economic policy by loosening its then tight monetary policy. […]