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Why is China’s Economy Slowing???

trainer

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Cheng Li, senior fellow at the Brookings Institution, discusses China’s economy, its financial reforms and the country’s anti-corruption efforts at Credit Suisse’s 18th Annual Asian Investment Conference. Eurozone demand and increasing labor costs are important reasons for China’s recent slowdown, says Li, who is the director of the John L. Thornton China Center at Brookings. But the the most important factor, he says, is the country’s transition from an export-led to a consumption-led economy. - See more at: Why is China’s Economy Slowing? | The Financialist


 
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Income, value, commodities, trade, real estate - all down

It appeared as though things went from bad to
worse nearly overnight; China's National
Bureau of Statistics said that contrary to
hopes that there would be a modest rebound,
the average new home price in China fell at
the fastest pace on record in February, from the previous year. Reuters reported that average new home prices in China's 70 major cities fell 5.7
percent, year to year, in February - marking
the sixth consecutive drop after January's
decline of 5.1 percent. In all, the decline marks
the largest annual drop in the nationwide
survey since it was initiated in 2011. As Reuters further noted: The monthly fall in February from January was
0.4 percent, the same as in the previous month,
and pointing to sustained risks to the
government's new 7 percent economic growth
target for the year. The property sector accounts
for some 15 percent of China's gross domestic product (GDP). The record fall coincided with news that Chinese
banks have extended Evergrande Real Estate
Group 100 billion yuan ($16 billion) in credit,
as the real estate slump extends to one of the
country's biggest and most indebted property
developers. Durden further cited a Shanghai Daily report noting that China's fiscal revenue was growing
at a much slower pace than expected as well: Fiscal revenue rose 3.2 percent to 2.57 trillion
yuan (US$411 million) in the first two months,
down from 11.1 percent in the same period a
year ago and 2014's 8.6 percent rise, the
Ministry of Finance said... Personal income tax dropped 7.1 percent year
on year to 164.6 billion yuan. In addition, government revenue from tariffs
fell 5.3 percent following the deline in prices
for oil, iron ore and commodities, and that
reduced the value of imports.
 
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The whole world is slowing. China is still the best economy in the world contributing the most to global growth.

7% growth to a $10 trillion economy is incredible speed.

No other country comes even close to matching that.
 
.
It is good time and the leaders can use opportunity to reform economy, social, environment and political system for the better future :china:

Some countries don't even have the ability to reach this stage :bunny:
 
.
Income, value, commodities, trade, real estate - all down

It appeared as though things went from bad to
worse nearly overnight; China's National
Bureau of Statistics said that contrary to
hopes that there would be a modest rebound,
the average new home price in China fell at
the fastest pace on record in February, from the previous year. Reuters reported that average new home prices in China's 70 major cities fell 5.7
percent, year to year, in February - marking
the sixth consecutive drop after January's
decline of 5.1 percent. In all, the decline marks
the largest annual drop in the nationwide
survey since it was initiated in 2011. As Reuters further noted: The monthly fall in February from January was
0.4 percent, the same as in the previous month,
and pointing to sustained risks to the
government's new 7 percent economic growth
target for the year. The property sector accounts
for some 15 percent of China's gross domestic product (GDP). The record fall coincided with news that Chinese
banks have extended Evergrande Real Estate
Group 100 billion yuan ($16 billion) in credit,
as the real estate slump extends to one of the
country's biggest and most indebted property
developers. Durden further cited a Shanghai Daily report noting that China's fiscal revenue was growing
at a much slower pace than expected as well: Fiscal revenue rose 3.2 percent to 2.57 trillion
yuan (US$411 million) in the first two months,
down from 11.1 percent in the same period a
year ago and 2014's 8.6 percent rise, the
Ministry of Finance said... Personal income tax dropped 7.1 percent year
on year to 164.6 billion yuan. In addition, government revenue from tariffs
fell 5.3 percent following the deline in prices
for oil, iron ore and commodities, and that
reduced the value of imports.

hahaha, so bitter,

let's put Chinese government foreign currency reserve aside, China's personal savings rate is over 50 percent of GDP. the highest in the world, while American lives on credits.

There are so so many untapped areas for growth, if there is a need, with one little tiny policy change by CCP like a agriculture agrarian reform , there will be another 50 years of growth. We are slowing down because CCP wants China to slow down, we are now more concerned with environmental impacts and sustainable growth. CCP came out and put limit on how many house each person is allowed to purchase, and even in some cities, how many cars you can purchase lol, we are talking about a cash market here hehe.
 
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Slowdown development could help to cool their hot head in every field.
 
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Don't tell me Vietnam, Philippine, Myanmar would have 0% rate during 2014-2025. This map has many flaws.
I don't trust on it.
 
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If a beggar has $1 in one week and $2 the following week, you could say he's increased his wealth 100%, whereas a billionaire who makes $10 million over the same period has only increased his wealth by 1%. You can see how growth rates and numbers are taken completely out of context by Jealous Indians and Viets to paint the picture of China that soothes their bruised egos.For the last time, get it into your tiny brains that growth rates inevitably get smaller as the size of a country's GDP increases.
 
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Don't tell me Vietnam would have 0% rate during 2014-2025. This map has many flaws.
I don't trust on it.

Vietnam forecast is somewhere around 6%, but the size of its economy is too small and irrelevant, this map is intended to project worlds big economies lol, not flawed at all.
 
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