26 June, 2005

the coming collapse… (iii)

Barron’s has a great item looking at the apparent recent rise in overseas accquisition activities by Chinese companies. I’ll post something separate on that later, for now, here’s a paragraph that caught my attention. (via Howard French):

So far, in any case, the Chinese economy appears quite reluctant to cooperate with even the mildest efforts to cool it off. Industrial production was up a sizzling 16.6% in May over the same month last year, fixed investment has been running upwards of 25% ahead of last year, oil demand continues to spurt and China has its very own, swiftly growing and very large real-estate bubble. A tendency to operate at least part of its industrial plant so that social stability tops profits as the bottom line obviously serves to camouflage weaknesses, but only for so long.
Our own feeling is that the regime’s ambivalence and equivocation about stepping on the brakes in earnest make China’s mother-of-all-booms almost a sure thing to became a big, fat bust, possibly some time next year. We won’t even hazard a guess as to the size and severity of the fallout, except it’ll be huge and it’ll be global.

by @ 9:20 am. Filed under China, Money, Asia, Coming collapse, East Asia, Economy, Northeast Asia

Leave a Reply

[powered by WordPress.]

Free Hao Wu
Keep on Blogging!

Support Bloggers' Rights!
Support Bloggers' Rights!

Search Blog


June 2005
« May   Jul »
  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  




Hong Kong

The Koreas


India & South Asia

Global & Regional

Meta Data

Listed on BlogShares Ecosystem Details


Design By: Apothegm Designs


AsiaPundit Friends



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'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...


Your Ad Here






More from China

31 queries. 0.414 seconds