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China's purchasing managers index, a gauge for the manufacturing sector, was 52.2 in February, the slowest expansion in six months as a result of crimped demand due to higher interest rates and lending curbs.
China's top four state-owned banks are expected to extend ¥2.85 trillion in loans this year, representing 35% to 40% of total loans, an insider from one of the banks told Yicai.com.
Source: http://finance.qq.com/a/20110301/000221.htm
The output of China's entertainment industry is likely to total ¥1 trillion this year as the nation has become the world's largest TV drama producer and the third largest movie maker, said deputy head of the nation’s propaganda department.
Source: http://www.cs.com.cn/xwzx/05/201102/t20110228_2793312.html
@2011 China Economy @ The China Perspective.
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