Author: kodama

China heading for recession? [Copy link] 中文

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Post time 2008-12-20 11:48:45 |Display all floors

oh la la

Originally posted by caringhk at 2008-12-1 17:00
thread owner CANNOT READ

10% is CHINA GDP forecasted for 2009


Maybe "la la land"

Nouriel Roubini - Nobel Prize winner for Economics, has this to say:

In a country with the potential growth of Ch.in.a hard landing would occur if the growth rate of the economy were to slow down to 5-6% as Ch.i.na needs a growth rate of 9-10% to absorb about 24 million new workers joining the labor force every year - macro indicators suggest C.hin.a is heading for a ha.rd landi.ng

C.hi.na's GDP growth to 9% for Q3 alone, the fifth consecutive quarterly deceleration and lower than expected. Jan-Sept 9.9% growth is the slowest in five years and almost 2% lower than 2007 pace.  Further slowing is likely in Q4 - perhaps  8%

Estimates for 2009 growth are being rapidly revised down to a 6-8% range. World Bank now expects 7.5% growth next year

That 6% seems a bit like the bare minimum

Cabin crew prepare for landing

[ Last edited by lebeast at 2008-12-20 11:50 AM ]

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Post time 2009-7-3 00:12:58 |Display all floors
interesting data... thanks for sharing

simulation rachat de credit

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