hard landing

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Top Ten Myths About China in 2012

At The New Yorker, Evan Osnos suggests that 2012 may have marked a turning point in the erosion of accepted myths about China. Ten, he says, have collapsed over the past year: myths about government efficiency, a hard landing,...

Record Tourist Numbers a Golden Sign for Economy

Among the reasons that analysts believe China’s economy may have begun to stabilize, TIME calls out the record tourist numbers during this month’s Golden Week holiday and explores whether Chinese consumers can buoy...

Do Q3 GDP Numbers Signal Recovery?

China’s National Bureau of Statistics announced on Thursday that the economy expanded 7.4% in the third quarter, in-line with analyst expectations of a seventh straight period of slowing growth. From Xinhua News: GDP...

September Economic Data Exceeds Expectations

Economic data released over the weekend indicated that China’s economy may have begun to stabilize in September, as both the trade surplus and money supply grew more than estimated and inflation fell to its slowest pace in...

Is Chinese Consumption About to Collapse?

With a number of global companies reporting a drop in consumer demand from China, and others laying off China staff, Forbes’ Gordon Chang writes that it’s time for policymakers and analysts to revisit their...

Politics Holding Back Economic Reforms

Heading into the National Day holiday, and on the cusp of a yet-to-be-scheduled leadership transition, The New York Times’ Andrew Jacobs reports that political distractions have prevented the Communist Party from making...

Slowing Growth Hurting China’s Super Rich

Don’t tell China’s ultra rich that it hasn’t been a hard landing for the world’s second largest economy – Billionaires in the PRC have felt the brunt of the global economic crisis, according to a...

Do New Policies Signal Road to Recovery?

Bloomberg reports that the Chinese government has approved plans to build over 2,000 kilometers of roads as it aims to reverse slowing economic growth: The projects include highways in Zhejiang and Xinjiang provinces, according...

On Economy, Verbal Intervention May Be Key

After another disappointing round of manufacturing data last week, Reuters reports that Communist Party officials must now hurry if they want to inject optimism into the economy ahead of the upcoming leadership transition:...

Lots of Sellers, But Few Buyers In China

After a key indicator of manufacturing health fell to a 9-month low yesterday, Keith Bradsher of The New York Times details the mounting inventories of unsold goods weighing on Chinese businesses: The glut of everything from...

China’s Economy, Through Private Lenses

With China’s official economic data coming under scrutiny in recent weeks, The Wall Street Journal dances around Zhongnanhai to take an unfiltered look at China’s economic health: Private surveys and company data...

CDT Money: The Numbers Game

Last week’s key data release signaled continued weakness for China’s manufacturing sector, with HSBC’s preliminary purchasing managers index (PMI) shrinking for an eighth straight month in June. Reuters reports...

CDT Money: Game On

Under a cloud cover of speculation about a potential fiscal stimulus package, China’s central bank announced a 25 basis point cut to lending and deposit rates on Thursday, its first interest rate cut since late 2008 and...

CDT Money: Stimulus 2.0?

After the Chinese government stepped up public statements in support of a stimulus to aid its sputtering economy, analysts and investors are now left to speculate what form a potential fiscal package may take. State media,...

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