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After surprising pretty much everyone with solid growth in the first half Scontate Donne Nike Air Max 97 Scarpe Coral Rosa , China's economy has continued to motor along nicely with a flurry of data for August expected to show momentum will largely hold up through to the end of the year despite tighter policy.


Annual growth in the Chinese economy picked up to 6.9 percent in the first six months of the year, as brightening global demand boosted Chinese shipments and resilient domestic consumption helped to cushion the impact of policymakers' efforts to reduce debt and cool the property market.


The growth momentum has surprised most China observers, especially in light of the Chinese government's campaign to wean the economy off a years-long debt-fueled binge Nike Air Max 97 OG GS Rosse Uomo Scarpe Saldi , with early fears of a sharper downturn well and truly put to bed.


According to a Reuters poll of analysts, over the next few weeks a flurry of data for August is likely to back market expectations for growth to taper off only modestly from the first half's pace, with some areas of the economy such as smaller firms seen bearing the brunt of tightening financial conditions.


On the whole Uomo Nike Air Max 97 Ultra Scarpe Nere Nuove , the August data set should support views that China's economy will be in good shape heading into a key Party meeting and give policymakers a comfortable cushion through to the end of the year to deepen much-needed reforms.


China's economic numbers so far have been encouraging for world trade even as risks to the global economy have increased this year from rising US protectionism and growing tensions in the Korean Peninsula.


Strong factory reports last week showed strength in the industrial sector continued through August, while Chinese demand has lifted commodities prices from steel to iron ore and underpinned a resurgence in global growth.


Most economists now forecast China's economy will slow only moderately through the end of the year and handily beat the government's 2017 growth target of around 6.5 percent.


In a surprising period of stability, China's GDP growth has accelerated or remained stable for five consecutive quarters for the first time since at least the early 1990s.


A stronger yuan in the face of a weak US dollar has helped stabilize global markets that were spooked by a year and a half of sustained weakness in the Chinese currency Scarpe Uomo Nike Air Max 97 Oro Gialle Nere Italia , which was accompanied by capital outflows and a steep decline in the nation's foreign currency reserves.


Analysts expect China's foreign currency reserves, the largest in the world, to have increased for a seventh straight month to $3.1 trillion in August from $3.081 trillion the month before Scarpe Uomo Nike Air Max 97 Argento Grigie Rosse Saldi , the Reuters poll showed.


BEIJING, Sept. 25 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan Uomo Donne Nike Air Max 97 Scarpe Summit White A poco Prezzo , against 23 major currencies announced on Monday by the China Foreign Exchange Trade System:


Currency Unit Central parity rate in yuan


U.S. dollar 100 659.45


Euro 100 786.14


Japanese yen 100 5.8665


Hong Kong dollar 100 84.449


British pound 100 890.81


Australian dollar 100 525.10


New Zealand dollar 100 480.59


Singapore dollar 100 489.40


Swiss franc 100 679.18


Canadian dollar 100 534.02


Malaysian ringgit 63.604 100


Ruble 873.66 100


Rand 200.81 100


Korean won 17,187 100


UAE dirham 55.699 100


Saudi riyal 56.869 100


Hungarian forint 3,938.08 100


Polish zloty 54.310 100


Danish krone 94.63 100


Swedish krona 121.21 100


Norwegian krone 118.58 100


Turkish lira 53.133 100


Mexican peso 269.32 100


The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.


The central parity rate of the yuan against the Hong Kong dollar is based on the central parity rate of the yuan against the U.S. dollar and the exchange rate of the Hong Kong dollar against the U.S. dollar at 9 a.m. in international foreign exchange markets on the same business day.


The central parity rates of the yuan against the other 21 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.


(This article is generated by Xinhua News Robot.)


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HOHHOT, Dec. 12 (Xinhua) -- China is en route to merging rare earth makers into big groups to boost competitiveness in the sector.


On Friday, Baogang Rare Earth Group (BREG) in north China's Inner Mongolia Autonomous Region Uomo Nike Air Max 97 Scarpe Nere Sconto , announced it will change its name into "China North Rare Earth Group Co. Ltd" having made significant progress in merging with five smaller companies in the region and Gansu Province.


Boasting a mine with the world's biggest reserve of rare earth, BREG dominates the Chinese market of light rare earth products, and is a leading rare earth producer and processor globally.


Other domestic competitors are also considering regrouping Scarpe Nike Air Max 97 Undefeated Verde In Offerta , with Aluminum Corporation of China and Xiamen Tungsten Co. Ltd, two of the country's six giants in the sector, expected to complete a merger by the end of this year.


China is the world's largest rare earth producer and exporter Scarpe Nike Air Max 97 Undefeated Nere Scontate , accounting for more than 90 percent of the world supply, but lacks pricing power in the global market and wild price swings have had a negative effect on producers.


The regrouping drive will help integrate resources and create a .