China’s economy unlikely to have hard landing: WEF report – Global Times

Logo of Global Times

Logo of Global Times (Photo credit: Wikipedia)

In a major article China’s leading newspaper, the Global Times, argues that a hard landing of the Chinese economy seems unlikely. The article recognizes that recent developments have cast some doubt on China’s economic prospects buts cites as evidence the Global Competitiveness Report 2015-2016 released by the World Economic Forum (WEF) on Wednesday.

Source: China’s economy unlikely to have hard landing: WEF report – Global Times

I would recommend reading the Global Competition Report for first-hand evidence.

It’s interesting that elsewhere in the news China beats Japan to win the high-speed rail contract in Indonesia – also the LA Times reports a massive $4 Billion Chinese investment in Western Digital.

I almost feel sorry for hedge fund speculators who have been shorting against China.

China is truly on the rise.

Thoughts?

Questions over Li Keqiang’s future amid China market turmoil – FT.com

Li Keqiang 李克强

Li Keqiang 李克强 (Photo credit: Wikipedia)

This is an important, must-read, lead article from the FT. Check it out!

via Questions over Li Keqiang’s future amid China market turmoil – FT.com.

Personally, I find this FT article inflamatory and over-stated. As my colleage John Gelmini indicated a few days ago, Li still has enormous popularity with the Chinese masses, most especially for his serious inroads against corruption in China.

I think that there is a greater chance of Barack Obama being impeached for his foreign policy than Li Keqiang deposed.

Thoughts?