Sunday, October 28, 2012

Fundamental Problems in the Chinese Economy (II)

By Tianlun Jian


Can exports and investment continue to support high GDP growth in China?

China’s International Competitiveness Is Weaker

Fundamental Problems in the Chinese Economy (I)


By Tianlun Jian

China's economic data has dismayed investors and economists since last year.  The HSBC Purchasing Index (PMI) posted 47.9 in September, signaling an eleven month-on-month deterioration in China's manufacturing sector. Industrial output in August rose at the slowest rate in three years, and profits in the industrial sector declined 6.2 percent in August vs. a year ago, according to China's National Bureau of Statistics.