China’s Pockets are Running Dry
Jan 15th
As China’s economic growth has slowed, some bullish investors have pointed to China’s “deep pockets” as a way for the country to keep its economy growing. Yet, data published on Friday showed that China’s supposedly deep pockets could soon run dry. During the final three months of the year, Chinese reserves dropped by 0.6%…. Read more
Is China’s Explosive Growth Drastically Slowing Down?
Jan 11th
One of the few pillars of the global economy is China. Over the last two decades, China has slowly increased its output in multiple ways. By growing its GDP, trading activities, production capacity, and civilian prosperity, China has climbed the world ladder to become one of the major superpowers. On the other hand, some… Read more
Is China Primed to Take Over the World?
Dec 18th
Many people have come to terms that China will eventually retain the position as the foremost global superpower at some point in the future. What many people may not expect is that the wheels are already turning right now. Various events in the United States as well as Europe may point to China seizing control… Read more
China’s Manufacturing Sector Still Sluggish as Beijing Guarantees Growth
Dec 15th
(eToro Blog) The handwriting has been on the Great Wall for some time now, with data suggesting that the Chinese economy is imminently in danger of slowing; perhaps even threatening the hard landing that Beijing is trying to avoid. Forecasts are suggesting that GDP growth for 2012 will fall below 9%, an event which hasn’t… Read more
Beijing Cuts Reserve Requirements and Not a Moment Too Soon as PMI Falls
Dec 1st
(eToro Blog) Following a day in which the People’s Bank of China cut its reserve requirements, effectively reducing the ratio to 21% from a record 21.5% for the country’s largest commercial banks, it would appear that the reversal of several years worth of tightening measures couldn’t have come at a more opportune time. Earlier today,… Read more
Is China’s Poor Data Being Understated?
Nov 24th
While the financial media was focusing on the continuing issues in the Eurozone, the importance of poor data coming from China was somewhat lost in the mix. Although it was never outright ignored, it was often added merely as an afterthought on Wednesday. The deterioration of Europe is no doubt a major macro force… Read more
Will the Slowdown in China’s Manufacturing Sector Force Beijing’s Hand?
Nov 23rd
(eToro Blog) The release earlier today of China’s flash PMI came in at a surprisingly low 48 reading for November, the lowest in more than 2½ years and well off October’s 51 reading. Produced by Markit Economics, the HSBC Flash PMI is a snapshot of majority sentiment of a survey conducted of privately-held companies; while… Read more
Global Growth a Worry says China’s Vice Premier
Nov 21st
(eToro Blog) It appears that China is now “officially” beginning to worry about the ongoing and escalating global fiscal crisis, following comments made over the past weekend by Wang Qishan, the Vice Premier. He warned that the world’s economies now face what Chinese analysts (among others) perceive as a protracted global recession. With that… Read more
United States Says China should Act Grown up in Currency War
Nov 14th
(eToro Blog) The United States sounded a verbal warning to China and mandated that China must allow its currency to float freely against the U.S. Dollar. President Barack Obama bluntly said that the United States would not tolerate Chinese monetary policies any more. President Obama said, “Enough is enough. We’re going to continue to be… Read more
China Expected to Embark on More Tweaking Despite Easing Inflation
Nov 9th
(eToro Blog) The Chinese National Bureau of Statistics released a whole host of economic data for the country earlier today, and all of it points to a slowing of the Chinese economy. The question is whether or not the slowdown is verging on “too much,” a question that Beijing will no doubt be taking into… Read more
