China’s Loan Growth, Inflation Probably Accelerated

Growth Quickens

Economic growth accelerated to a 10.7 percent year-on-year pace last quarter, the fastest since 2007, responding to an unprecedented 9.59 trillion yuan of credit extended by banks in 2009 and a 4 trillion yuan two-year fiscal stimulus plan. The expansion “is probably stronger than Chinese policy makers would like,” Goldman Sachs Group Inc.’s Chief Global Economist Jim O’Neill said in Hong Kong today.

Magyar változat este 8 körül lesz, de hírek most is vannak már odabenn. Például ez is: cukorhiány várható idén. És sok más érdekesség.

Sugar Shortage May Turn ‘Acute’ in Third Quarter

India, China, Indonesia, Pakistan, Egypt and Russia are among countries planning to buy sugar to cool domestic prices, worsening a deficit that may reach 11.92 million tons in the year ending April 30, up from 8.32 million tons predicted in October, Kingsman SA said yesterday. The shortfall may be 5 million to 6 million tons this season, according to Tropix. “The world stocks-to-use ratio should reach 20 year lows in the second half of this year,” said Diffley, who worked for 16 years at ED&F Man, one of the biggest sugar trader.