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China says time is ripe to liberalize interest rates

China’s central bank chief says conditions are ripe for Beijing to liberalise interest rates, a move analysts say would boost domestic demand as the nation’s exports are hit by overseas turmoil. Beijing has cut the nation’s growth target for 2012 as its export-driven economy slows, and a key policy focus this year will…

China could overtake US economy by 2030: World Bank

HONG KONG (AFP) – China could overtake the United States as the world’s largest economy if it maintains annual growth of eight percent over the next 20 years, the World Bank’s chief economist said Wednesday. China, which last year overtook Japan as the number-two economy, has already set a growth…