Business Climate Survey results of NBS in whole country showed that the national business climate index (BCI) was 138.0 in the fourh quarter of 2010, 0.1 point higher over previous quarter.
The results of nationwide survey showed that entrepreneur confidence index (ECI) gained 137.0 in the fourth quarter, 1.1 points higher over previous quarter.
The Conference Board Leading Economic Index® (LEI) for China increased 0.9 percent in October to 152.1 (2004 = 100), following a 0.6 percent increase in September and a 0.7 percent increase in August. Five of the six components contributed positively to the index in October.
The Conference Board Leading Economic Index® (LEI) for Korea increased 1.1 percent and The Conference Board Coincident Economic Index® (CEI) for Korea declined 0.2 percent in October.
The Conference Board Leading Economic Index® (LEI) for Japan decreased 1.5 percent and The Conference Board Coincident Economic Index® (CEI) decreased 0.8 percent in October.
Governments and monetary authorities in emerging East Asia need to cooperate more on exchange rates and other policies to turn the swift post-crisis recovery into more balanced, long-term growth.
Fitch Ratings today published a special report stating that credit growth in China has not slowed materially from the rapid pace in 2009, despite the fact that headline data point to a slowdown. The agency states that Chinese banks have been offloading CNY trillions in loans in 2010 by artificially reducing their holdings of discounted bills and by re-packaging the loans into investment products for sale to investors.
Industrial profits in 24 regions realized 2,838 billion yuan from January to October, increased 51.6 percent, year-on-year, narrowed 1.9 percentage points over the past nine months.
A rapid rise of corporate bond issuance in emerging East Asia has driven the growth in the region's local currency bond markets to just over $5 trillion.
