Not long ago, phrases like “China hard landing” and “Euro crisis” kept traders, investors, and policymakers up at night.
[credit provider=”Guang Niu/Getty Images” url=”http://www.gettyimages.com/detail/news-photo/residents-watch-a-competitior-in-the-extreme-sports-games-news-photo/53184037″] For some, a Chinese hard landing isn’t off the table. But one detail from December’s trade report could disappoint those expecting it. Societe Generale’s Wei Yao, who was named the second most accurate forecaster on the Chinese economy by Bloomberg, has previously explained that imports are […]
Societe Generale’s Dylan Grice thinks we’re already seeing a hard landing in China.
[credit provider=”Elvisinchina’s iPhone at www.flickr.com” url=”http://www.flickr.com/photos/elvisiphone/7648216622/”] The foolish man built his house upon sand; the wise man built his house on a rock. The ambitious entrepreneurs of Datang chose a sturdy nylon and wool foundation. “People always need socks,” points out Xu Leile, whose company clothes the feet of the […]
[credit provider=”Guang Niu/Getty Images” url=”http://www.gettyimages.com/detail/news-photo/chinese-labourers-work-at-a-factory-producing-the-beijing-news-photo/75927863″] The last time China’s vast manufacturing sector had conditions like those in August it was March 2009 and the economy was about to rebound from the global financial crisis.This time around analysts are not so certain a clear recovery for the major global growth engine […]
Earlier this week, I was interviewed by the Council on Foreign Relations (CFR) for their website, about the current state of the Chinese economy. You can read what I had to say below, or check out the original post by clicking here.
[credit provider=”China Photos/Getty Images” url=”http://www.gettyimages.com/detail/news-photo/visitors-walk-past-a-wall-printed-with-the-image-of-former-news-photo/84028272″] China’s economy is unlikely to experience a “hard landing,” according to remarks made by a speaker at a recent US-China Business Council (USCBC) event in Shanghai.In recent months, companies have expressed concerns about the outlook for China’s economy amid a continued slump in the United […]
Recently, lots of doubts have been raised about the accuracy of official economic measures released by China’s government. I don’t doubt that the quality of much of the data is questionable. We regularly update our China chart book and try to assess the big picture as best we can using […]
MOST PEOPLE are convinced by now that there is a fixed-asset bubble in China that is on the verge of bursting.
[credit provider=”Victoria Shelton via flickr” url=”http://www.flickr.com/photos/northtothefuture/4675931925/”] A worrying new wave of business owners running away is emerging, as their overstretched and over-leveraged companies run into financial troubles. Last year, we noted a wave of companies’ business owners running away as the economy slows. Many of these companies were forced to […]
[credit provider=”Flickr/ !/_PeacePlusOne” url=”http://www.flickr.com/photos/dragonpreneur/3973712850/”] The latest official statistics whichsuggested that home prices in China seemed to have bottomed out (in the near term at least), we thought that this puts the government in a dilemma. The central government obviously does not want to see home prices rising again, but they […]
[credit provider=”commons.wikimedia.org” url=”http://commons.wikimedia.org/wiki/File%3AHKContainerterminal.jpg”] Recently, we have been hearing a lot of stories on the Chinese government’s hope to encourage private investment, particularly into industries that were previously restricted or monopolised by state-owned enterprises. For instance: China encourages further private energy investment
Michael McDonough of Bloomberg Brief (you must follow him on twitter) has posted this interesting chart showing that the People’s Bank of China has turned away from sterilising capital inflow to providing liquidity.
[credit provider=”AP Photo”] BEIJING (AP) — Some of China’s biggest companies, from tech giants to airlines and retailers, are warning of unexpectedly sharp drops in profit of up to 80 per cent, adding to pressure on Beijing to reverse a painful economic slump.On Wednesday, Air China Ltd., one of three […]
[credit provider=”myjedilightsaber on flickr” url=”http://www.flickr.com/photos/myjedilightsaber/4839595126/”] It is clear that the Chinese economy is slowing, and some think the risks of a hard landing are rising substantially.If economic growth in China continues to slow, rising and sudden defaults on loans made in the country’s shadow banking system could threaten to bring down China’s traditional […]
For a long time, we are aware of the increased rate of companies listed in Hong Kong, particularly those Chinese companies, issuing profit warnings since early this year.
[credit provider=”Victoria Reay on www.flickr.com” url=”http://www.flickr.com/photos/vkreay/139176691/”] Although the GDP figures from China were not yet disastrous, given the very little faith the market has on the accuracy of Chinese data, quite a few people including ourselves suspect growth was actually lower. That suspicion was raised especially when electricity output growth […]