25 May, 2005

…or perhaps a collapse

Via the FEER’s Travellers Tales blog‘:

Jim Walker, chief economist at CLSA, has done the unthinkable, at least for a banker. He has predicted,
gasp, that in a couple years China will be growing at a mere 3% to 5%.
For most countries, the bottom of the economic cycle usually means
negative growth, but then in China anything below 7% has long been
considered a disaster, since those workers being laid off from
state-owned companies would have no chance of finding new jobs. … Still, we
wonder if such a "collapse" can be as benign as this. If there is a
balance-sheet crisis and all the excesses of the last half decade have
to be worked out, wouldn’t it look more like Korea in 1998?

by @ 1:58 pm. Filed under China, Asia, Coming collapse, East Asia, Economy, Northeast Asia

prepare for a slowing china

Morgan Stanley’s Stephen Roach says Asia must prepare for a slowing Chinese economy, the key points of his arguments are reproduced at the China Stock Blog.

by @ 9:54 am. Filed under China, Asia, Coming collapse, East Asia, Economy, Northeast Asia

[powered by WordPress.]

Free Hao Wu
Keep on Blogging!

Support Bloggers' Rights!
Support Bloggers' Rights!




Search Blog

Archives

May 2005
M T W T F S S
« Mar   Jun »
  1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31  

Categories

China

Japan

Hong Kong

The Koreas

Taiwan

India & South Asia

Global & Regional

Meta Data

Listed on BlogShares Ecosystem Details

Other

Design By: Apothegm Designs

sponsors



AsiaPundit Friends

Adopt


Recommended


Mr. China - by Tim Clissold:

How to lose $400 million in the world's biggest market.


Imelda - Power, Myth, Illusion:
A documentary on the former Philippine first lady that is damning, sympathetic and incredibly funny.


Yat Kha - Re Covers:
Siberian throat-singing punk band searches for its roots


5.6.7.8.'s - Bomb the Twist:
Three Japanese women play 1950's-inspired punk.


Gigantor Box Set Volume 1:
The original giant Japanese robot


Mao: The Unknown Story - by Jung Chang and Jon Halliday:
A controversial and damning biography of the Helmsman.

Recent Posts

recent comments

  • Falen: Michael, Are you trolling from one website to the next? How dare you to call Blues "anti-democratic"! I think...
  • Michael Turton: Both those commentors above are incorrect. Taiwan must have weapons to guarantee its own security,...
  • mahathir_fan: The source of the anger is probably because the Stephen YOung the unofficial "ambassador" to Taipei...
  • mahathir_fan: I want to applaud legislator Li Ao for his outspokenness on the arms procurement issue and for debating...
  • mahathir_fan: "A widening Chinese anti-corruption inquiry has targeted Beijing’s party leaders, in a sign that...

Sponsors

Your Ad Here

singapore

Malaysia

Indonesia

Phillippines

Vietnam

More from China

27 queries. 1.612 seconds