SubscribeAll Posts Tagged With: "Chinese economy"
China’s Economy Looks to Rebound After Lackluster Olympics
Despite a flood of investment leading up to the 2008 Olympic Games, economic conditions in China have been on the decline for the entire month of August, leading some analysts to warn of a post-Olympic slowdown. But the Chinese economy so far has proved resilient, and with policymakers in Beijing scrambling to ensure economic growth, it will likely escape a significant downturn.
The Shanghai Stock Exchange’s Olympic event was diving. The Shanghai Composite Index dropped roughly 12% between the opening and closing ceremonies of the games. It’s now down about 60% from its October high. The steep drop came as a harsh…
25Aug2008 | Money Morning | Comments Off | ContinuedChina to Supplant U.S. as World’s Largest Manufacturer by Next Year
China will overtake the United States as the world’s largest producer of manufactured goods by next year, according to forecasts by economics consultancy firm Global Insight Inc. done on behalf of the Financial Times.
China will account for 17% of the world’s manufacturing value-added output next year, versus the United States’ 16%, the FT reported.
In 2007, the United States accounted for 20% of manufacturing output worldwide, while China made up just 13.2%. Also, last year, Global Insight predicted the United States would hold its top position until 2013, but a severe economic downturn has expedited China’s rise to the…
12Aug2008 | Money Morning | Comments Off | ContinuedInvesting in China: Wrestling this Growing Behemoth
Unless you’ve been asleep for the past 10 years, you know that the hot investment ideas all come from China these days. It makes sense. With 1/5th of the world’s population, and a stronger desire to gain “developed country†status than any other country in the world, China has presented everyone with strong growth opportunities.
Unfortunately, most investors just don’t get it. They’ve been buying up stocks just because they say “China” in their names. It’s just like 1999, when people bought stocks just because they ended with “dot-com.” And we all know how that turned out.
I’ve been laying it all…
9Jun2008 | The Penny Sleuth | Comments Off | ContinuedGlobal Recession: China’s manufacturing base is in crisis
If you follow the financial media, especially the output of dollar-phobe analysts, you might think that “Pork problems perturbing Peking†are the worst concern China is dealing with right now. But rising prices for moo-shoo pork due to increasing middle class appetites and upticks in inflation may be the least concern to Beijing.
While analysts are sticking to their guns that the American Century is over and Asia a whole new kettle of koi, it looks like the Chinese economy is about to catch a heck of a cold as America’s consumers sniffle.
Light export industries are experiencing massive losses. Growth in…
23Apr2008 | J. Christoph Amberger | Comments Off | Continued
Loading ...
