Towards the end of 2010 our global team identified nine key global themes for 2011, ranging from an intensification of the eurozone debt crisis to ‘all eyes on China’. With 2011 now coming to a close, Mark Schaltuper, BMI’s Head of Europe Country Risk is joined by Global Economic Strategist Tim Cooper to see how… [Read more]
By now, most informed people will be aware that much of China’s economic development and foreign investment have been concentrated on a relatively narrow coastal strip on the eastern part of the country, running from Beijing in the North down through Shanghai and all the way south to Guangdong province. By comparison, China’s inland regions,… [Read more]
China is foremost on my mind. Regular readers of our online service will know that my colleagues and I at Business Monitor International (BMI) are well below consensus in predicting only 7.5% real GDP growth in 2011. Below, I list some thoughts on this subject: Growth slowdown: The notion of a ‘hard landing’ for China’s… [Read more]
Brazil has just hosted the second annual BRIC (Brazil, Russia, India, China) summit on April 15-16, but I think there are good reasons to doubt how much strength this grouping actually has in terms of changing the world – at least in a collective fashion. Below, I list some thoughts about BRICs as a concept:… [Read more]
China’s exports came in at US$94.5bn in February, up 45.6% y-o-y and higher than consensus estimates. The data shows a continued outperformance of exports to emerging markets relative to developed markets, with exports to emerging markets such as India (up 54%), and Brazil (up 92%) showing the most impressive gains. On the imports side of… [Read more]
Two summits, both held in Russia this week, signal the collective desire of BRIC countries to rebalance world economic and political power away from the United States in their favour. One of the summits was the inaugural meeting of the BRIC (Brazil, Russia, India, China) group. The other was the ninth annual meeting of the… [Read more]
With China set to release its Q109 GDP figures on Thursday, Beijing’s record-breaking CNY4trn (US$585bn) stimulus package remains firmly in the spotlight. Indeed, a recent Reuters poll revealed that growth is forecast to slow to 6.3% in the first three months of 2009, and with exports continuing to nosedive – exports shrunk by 17.1% y-o-y… [Read more]
