Export growth

CHINA’S exports will probably grow by just 10 percent this year in response to weakening overseas demand, slowing from 25.7 percent in 2007, a research body under the Ministry of Commerce said in forecasts published yesterday.

Citigroup income

CITIGROUP Inc., the biggest U.S. bank by assets, said operating income almost doubled in China in 2007 as it offered more loans and asset management products.

CPI set to slow

THE slower rise in consumer price index (CPI) is set to continue in the April figures, thanks to falling farm produce prices, market analysts said Sunday.

The index, which hit 8.7 percent in February and 8.3 percent in March, would probably be around 8 percent for April, said Chen Jijun, an analyst with CITIC Securities. Falling farm produce prices were the main factor slowing the rise in the CPI, said Chen.