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e by 18%. Instead it rose by 19.2% in November compared to 16.1% in October. The National Bureau of Statistics (NBS) said that retail sales were up 15.8% in November compared to the same time last year. Sheng Laiyun, spokesman for the NBS said the mild rise in prices during economic recovery is actually conducive to economic growth and job creation, the AFP news agency reported. Earlier this week the Chinese government said it would keep its current fiscal and monetary stance for the moment but would crack down on new investments and credit. Lin Songli, an analyst with Christian Louboutin Scarpe Guosen Securities in Beijing said despite the strong set of figures, there was no expectation of any policy change during the first quarter of next year, the Reuters news agency reported. Although new lending by banks rose to 294.8bn yuan ($43.17bn; £26.4bn) in November - an increase on October's figure of 253bn yuan ($37bn; £22.7bn), this was still less than the 516.7bn yuan ($75.7bn; £46.4bn) lent in September.
ABC2000、Premier Wen Jiabao is the only non-American on a new top-10 list compiled by United States broadcasting giant ABC that names people Scarpe Louboutin with the most influence on the US economy. Premier Wen Jiabao is the only non-American on a new top-10 list compiled by United States broadcasting giant ABC that names people with the most influence Christian Louboutin Scarpe Outlet on the US economy.The American Broadcasting Company said Wen's influence was massive, despite the 67-year-old Chinese premier's geographical distance from the US.The TV broadcaster said the big 10 are the people who have had the most impact on the world's largest economy since 2000.Wen was listed behind US regulators Henry Paulson, Ben Bernanke, Timothy Geithner, Sheila Bair and Alan Greenspan. Former AIG CEO Maurice Greenberg also made the list just ahead of Wen.ABC explained why it included Wen by saying: Wen Jiabao, the premier of China, is driving a roaring engine.The article that accompanied the list said China will be increasingly important to the US.The world's most populous coun
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