REVIEW & OUTLOOK|MAY 25, 2011
China's Growth Risks
Rising inflation and an opaque financial system, among others.
The Chinese economy is coming in for some sort of landing, and everyone is speculating whether it will be hard or soft. After HSBC on Monday released a purchasing managers index barely in positive territory, Goldman Sachs yesterday lowered its growth forecast for the year to 9.4% from 10%. But the determining factor in the hard vs. soft debate, and one reason global markets have fallen out of bed this week, is that Chinese inflation continues to accelerate. Goldman predicts an annual rate of 5.6% in June, up from 5.3% in April.
Showing posts with label Outlook. Show all posts
Showing posts with label Outlook. Show all posts
Wednesday, May 25, 2011
Sunday, March 27, 2011
WSJ: Crises Nudge Debt Loads to Brink
THE OUTLOOK|MARCH 28, 2011
Crises Nudge Debt Loads to Brink
By MARK WHITEHOUSE
The financial strains created by crises in Japan and Europe highlight a growing problem: The rich world is getting close to the point where it won't be able to bear the costs of another disaster.
Crises Nudge Debt Loads to Brink
By MARK WHITEHOUSE
The financial strains created by crises in Japan and Europe highlight a growing problem: The rich world is getting close to the point where it won't be able to bear the costs of another disaster.
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