www.ragaming.fora.pl Forum Index
RegisterSearchFAQMemberlistUsergroupsGalleriesLog in
China's slower growth surprises some investors

 
Reply to topic    www.ragaming.fora.pl Forum Index » SWBII-General View previous topic
View next topic
China's slower growth surprises some investors
Author Message
cheapbag214s




Joined: 27 Jun 2013
Posts: 20008
Read: 0 topics

Warns: 0/10
Location: England

Post China's slower growth surprises some investors
China's slower growth surprises some investors
BEIJING, April 15 () -- China's slower first quarter growth came as a surprise to some with the government reporting 7.7 percent growth January through March.The consensus forecast called for growth of 8 percent,[url=http://www.zhongtiancaizhi.com/?p=80]Christian Louboutin Outlet[/url], The New York Times reported Monday.That would have shown more stable growth following the 7.9 percent growth rate for the fourth quarter of 2012."We have been expecting growth to slow down again, but not until the second half of the year," said Zhiwei Zhang, an economist for China at Japanese investment bank Nomura."The next couple of quarters will bring more headwinds, and growth will probably trend down even more," Zhang said.Zhang also said "I don't envy them," referring to economic policy makers in China, who are attempting to shift the economy in China from one based on investment growth and exports to one based on domestic consumption, which will drive productivity and raise the standard of living in China,[url=http://www.zhongtiancaizhi.com/?p=103]Christian Louboutin Clearance[/url], the Times reported."To come to grips with economic policy, we must both keep a steady footing and focus on upgrading," China's new Prime Minister Li Keqiang said on Friday."Since the start of the year, China's economic performance has, over all, made a steady start, and this will help to stabilize everyone's expectations. But at the same time, we must see that there are still quite a few unstable and uncertain factors in the domestic and international environment, and deep-seated problems are constantly arising," Li said.Economist said the growth figures may have been off, because rising liquidity included debt servicing rather than new investment.Others said the economy slowed in part because new leadership requires time to give the go-ahead for projects and to set targets for municipal governments.In turn, corporate decision-makers hold back on commitments, while waiting for new political leaders to indicate which direction they will go, the Times said.


The post has been approved 0 times
Sun 19:41, 01 Dec 2013 View user's profile
Display posts from previous:    
Reply to topic    www.ragaming.fora.pl Forum Index » SWBII-General All times are GMT + 2 Hours
Page 1 of 1

 
Jump to: 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


fora.pl - załóż własne forum dyskusyjne za darmo
Powered by phpBB © 2001, 2005 phpBB Group
Design by Freestyle XL / Music Lyrics.
Regulamin