Investment rebound is a risk in 2008
2007-12-20 22:09:55 Shanghai Daily
|
|
CHINA risks an investment rebound in 2008 after new projects increased rapidly this year, an official from the nation's top planning agency said at an economic forum yesterday in Beijing.
Guo Lanfeng, a deputy department director at the National Development and Reform Commission, said local officials will want to show strong growth next year for political reasons, after a government reshuffle.
"The economy can overheat any time, anywhere, unless we take measures to prevent it," Guo said.
More News
- China Eastern wins no support from Air China for the deal
- Nearly 50% say prices too high
- Fiat opens China financing wing
- Market, experts hail Morgan Stanley deal
- Iron ore imports likely up by 15%
- Stocks inch up at noon on rate increase
- China's IT services sector nearing "golden era"
- Financial integration urged in Yangtze River Delta region
- Property growth likely to slow in China
- Huaneng Power Int'l to sell 50m bonds
- Hong Kong stocks open higher
- China's Oil output to climb 1.5%
- Survey: half of Chinese residents say prices "too high"
- China's crude steel exports may fall in 2008
- Property growth likely to slow