Wed Jun 2, 2010 16:19 GMT |
One of the most underestimated risks facing the global economy is an outright recession in China. Almost nobody in the world of economics or finance believes that it is possible, let alone likely. However, is it really that unlikely? The CLSA purchasing managers index has already topped out in April 2010, so while China’s economy… [Read more]
Tags: Beijing, China, construction boom, Double Dip, economic downturn, housing prices, monetary tightening, PMI, Property Bubble, recession, Shanghai
Posted in: Asia, China, General
Tue Jul 21, 2009 17:35 GMT |
Your correspondent has just returned from an 18-day odyssey through China, with the aim of having an adventure, but also with an eye for economic developments. China did not disappoint on either front. Anecdotal observations should always be taken with a large grain of salt when it comes to confirming economic assumptions, and this is… [Read more]
Tags: Beijing, China, Chongqing, Construction, Economy, fixed investment, GDP, highways, infrastructure, middle class, pollution, railways, Shanghai
Posted in: Asia, China, General