Tag Archives: People’s Bank of China

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

October 1, 2015 By in Business Administration, Economics, Growth Tags: , , , , , , , Leave a comment
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?

China’s economy showing signs of stabilizing: state planner | Reuters

September 7, 2015 By in Business Administration, Central banks, Central Government, China, Defense Policy, Fiscal Policy, Growth, People, Politics Tags: , , , , , , , , , Leave a comment

Reuters reports that China’s top state planner said on Monday that the country’s power usage, train freight and property market have all shown improvement since August, indicating that the economy is stabilizing.

Source: China’s economy showing signs of stabilizing: state planner | Reuters

Expect the Western media to renew its attack on China this week, citing weakness after weakness. Personally, I think it’s necessary to take a longer term perspective. In my view, China will not have a hard-landing although there will be pain as the economic engine changes direction.

Thoughts?

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