A top-level dialogue between China and United States in May will be “very important” for defusing strains between the two big economies, Chinese Premier Wen Jiabao said on Monday.
Wen made the conciliatory remarks in a meeting with foreign business executives in Beijing on Monday, telling them that his government did not want “trade and currency [...]
Posts Tagged ‘businesses’
China pushes May meeting to ease strains with U.S.
March 22nd, 2010 by Mortgage Writer
Tags: big economies, businesses, china, economic dialogue, united states
more...Strong growth in Q4 likely to slow throughout 2010
February 26th, 2010 by Mortgage Writer
Don’t count on the economic growth spurt at the end of 2009 to carry into this year.
The economy grew at a blistering 5.7 percent pace in the final quarter of last year, according to a preliminary government estimate. And an updated estimate due out Friday is expected to produce the same figure, according to Wall [...]
Tags: businesses, conomic activity, economy grew, home foreclosures, q4, unemployment, wall street
Businesses trim inventories by 0.2 pct in December
February 12th, 2010 by Mortgage Writer
Businesses reduced inventories in December, a sign that they remain cautious about the strength and durability of the economic recovery.
The Commerce Department said Friday that businesses trimmed stockpiles by 0.2 percent in December, a weaker performance than the 0.2 percent gain that economists had expected. Total business sales rose 0.9 percent in December following a [...]
Tags: businesses, economic recovery, inventories, unemployment
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