1. TOP 10 EVENTS IN 2010.
- Subjects
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GROSS domestic product , *MACROECONOMICS , *PRICE increases , *RENMINBI , *FOREIGN exchange rates - Abstract
The article presents the top 10 events in China in 2010. The gross domestic product (GDP) increased by 10.6% in the first three quarters of the year, with China's GDP surpassing Japan's in the second and third quarters. Policymakers strengthened macroeconomic controls due to increasing prices across the country. The People's Bank of China decided to proceed with the yuan exchange rate reform, which will be implemented on June 19.
- Published
- 2010