| 作者 |
 Overheating??? 国内的龟们，你们又感觉吗？--- China's May Industrial Output Rises 16.6% to a Record |
 |
驹
[博客]
[个人文集]
游客
|
|
|
作者：游客 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
China's May Industrial Output Rises 16.6% to a Record
June 15 (Bloomberg) -- China's industrial production rose faster than expected in May as overseas orders for products such as steel, shoes and laptop computers helped drive expansion in the world's fastest-growing major economy.
Production climbed 16.6 percent from a year earlier to a record 570 billion yuan ($69 billion) after a 16 percent gain in April, the Beijing-based National Statistics Bureau said on its Web site today.
Government reports showing surging exports, rising retail sales and subdued inflation in May are boosting the prospects China will sustain its pace of expansion, even as Premier Wen Jiabao limits investment in the real estate and auto industries. JP Morgan Chase & Co. and Goldman Sachs Group Inc. said today they may have to raise their 2005 growth forecasts for China, the world's largest consumer of steel, copper and cement.
``There will be upward adjustment to Chinese growth forecasts for this year, which will put more pressure on commodity markets,'' said Dariusz Kowalczyk, senior investment strategist a CFC Securities in Hong Kong, who had the most accurate forecast in a Bloomberg News survey.
May's production growth exceeded the median 15.8 percent forecast in the survey of seven economists and was the fastest in three months. Exports of ferrous metals such as steel jumped 74 percent and those of shoes, clothing and laptops rose more than 30 percent, the bureau said today.
JPMorgan economist Ben Simpfendorfer said he will raise his economic growth forecast from 9.3 percent. Goldman economist Hong Liang said in an e-mailed research note that the risks to her growth forecasts ``are on the upside.''
More Tightening
Copper for July delivery rose 1.55 cents, or 1 percent, to $1.542 a pound at 9:50 a.m. on the Comex division of the New York Mercantile Exchange. Prices last week touched a 16-year high and have risen 29 percent in the past year as rising demand in China eroded inventories. BHP Billiton, the world's biggest mining company, said June 9 it expects sales to China will rise as much as 36 percent in the year ending June 30.
Stocks fell in Shanghai on concern the government may have to tighten its curbs on lending to industries that are overproducing. The benchmark Shanghai Composite Index closed 1.9 percent lower at 1072.84 at 3 p.m. local time.
``The government is running the risk of failing to meet its goal of 8 percent annual economic growth, unless it introduces more cooling fiats,'' said Li Yan, who helps manage the equivalent of $3.62 billion at Harvest Fund Management Co. in Beijing. He predicts the economy, which grew 9.5 percent last year, will expand by about 9 percent in the second half of 2005.
作者：游客 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
|
|
|
| 返回顶端 |
|
 |
|
-
 Overheating??? 国内的龟们，你们又感觉吗？--- China's May Industrial Output Rises 16.6% to a Record -- 驹 - (2767 Byte) 2005-6-16 周四, 06:27 (949 reads)
|
|
|
|
您不能在本论坛发表新主题, 不能回复主题, 不能编辑自己的文章, 不能删除自己的文章, 不能发表投票, 您 不可以 发表活动帖子在本论坛, 不能添加附件不能下载文件, |
|
|
