Tag Archives: Chinese economy

Plenum does bellyflop?

Who Won and Lost at Beijing’s Big Policy Gathering By Russell Leigh Moses China Real Time Report, Wall street Journal Even in a system governed by consensus, political decisions produce winners and losers. The recently concluded Communist Party policy meeting is no exception. Chinese state media released a communique summarizing the results of the four-day meeting, officially

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The Economic stimulus you have when you are not having a stimulus

Michael Sainsbury Just when many thought the fall in China’s economic growth showed no signs of abating, its government has ramped up a stimulus program worth trillions of yuan that has turned assumptions on the imminent plunge in prices for iron ore and other commodities on its head. The stimulus-you-have-when-you-are-not-having-stimulus is designed to prop up

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Do Australian politicians, and Treasury, have any idea about China’s economy?

Michael Sainsbury Kevin Rudd will miss the G20 summit in St Petersburg because of his September 7 poll — and the fragile state of the Australian economy is a factor in this decision. The key reason for this that we are firmly on the other side of the peak of the unprecedented China resources boom. China will

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“China resources boom is over” says PM Rudd: Australia’s economic overhaul an election issue

Michael Sainsbury Look out below folks. Coming hot on the heels of the alarming bank credit freeze of the past two weeks, a string of poor economic data from China has been topped off by the news that manufacturing is contracting or, at the very least, flatlining. The official purchasing managers’ index (PMI) for June

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