Author: kodama

China heading for recession? [Copy link] 中文

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Post time 2008-12-5 15:51:18 |Display all floors
Originally posted by caringhk at 2008-12-5 15:33



are you coming from MARS????

China have injected USD586 bils while USA NONE  & still CRYING out loud


They have the advanced tech & the smartest economists...& they are very skillful for getting the huge money from plotting a finacial war.

Japan was defeated...Neither the UK & HK...Who is the next...

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Post time 2008-12-5 15:57:17 |Display all floors
Originally posted by zglobal at 2008-11-24 19:50
GDP figures in a recession are usually a bunch of crap.

I don't think either American of Chinese GDP is , or has been real.


Absolutely agree!

Chinese GDP is so high most relying on the infrastructure & house construction... it is not produced by EVERY chinese but local government...

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Post time 2008-12-5 16:01:18 |Display all floors
Originally posted by peterb at 2008-11-30 18:22


There's more to China than the textile sweatshops of Guangdong.

No factory closures here in Wuhan, in fact the opposite; its fibre-optics based hitech industry is growing and taking on more  ...



The key reason why many factory closed in Pan-Pearl area is that their most products for Exports not for local consuming...

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Post time 2008-12-5 16:13:30 |Display all floors
Originally posted by alexangel at 2008-12-5 15:57


Absolutely agree!

Chinese GDP is so high most relying on the infrastructure & house construction... it is not produced by EVERY chinese but local government...



those are for the Public

& shld be encouraged

as is for everyone to share/use
What's on your mind now........ooooooooooooooo la la....Kind Regards

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Post time 2008-12-5 17:05:54 |Display all floors
Originally posted by caringhk at 2008-12-5 16:13



those are for the Public

& shld be encouraged

as is for everyone to share/use


Yes I know...of course benefit from it...but some projects are not for this purpose anyway...

The local officials knew the real...

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Post time 2008-12-5 17:55:09 |Display all floors
Originally posted by alexangel at 2008-12-5 17:05


Yes I know...of course benefit from it...but some projects are not for this purpose anyway...

The local officials knew the real...



so if u wanna know real, u be KING of country
What's on your mind now........ooooooooooooooo la la....Kind Regards

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Post time 2008-12-19 16:11:52 |Display all floors
Yet more downward revisions of projected growth for next year:

China’s economy may grow as little as 5.5 percent next year, the weakest pace since 1990, according to CLSA Asia Pacific Markets. That’s less than the 8 percent needed to create jobs and maintain social stability, according to China Banking Regulatory Commission Chairman Liu Mingkang. Gross domestic product expanded by 9 percent in the third quarter, the least since 2003.


Source: Bloomberg

The IIF forecasted economic growth in emerging markets would brake to 3.1 percent in 2009 after a 5.9 percent gain this year.

"Emerging Asian growth has slowed sharply, but should hold up better than in other regions," it said.

China's growth would drop to 6.5 percent in 2009 from 9.3 percent this year and 11.9 percent in 2007, while India's deceleration would be less steep, to 5.0 percent from 6.2 percent.


Source: AFP

There are in fact some analysts saying a contraction is possible next year, particularly if the property market continues to deteriorate. Dismissing it based on optimistic projections is foolish. There were a lot of people saying the U.S. wouldn't even have a recession just a few months ago so clearly you can't trust everything these analysts are saying.

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