China’s economy – Businessweek and The Economist

This Businessweek article, China Falling? Not So Fast, explains why China’s financial system is not going to suddenly collapse. Its industries maybe receiving easy credit, but they aren’t unproductive. In a sentence:

China’s real economy, and its job picture, remain strong, compared with nearly every other economy on earth.

The Economist goes into a bit more detail here… The government doesn’t seem to be worried about tightening unsustainable banking at the expense of others, in order to prevent “wasteful lending and unproductive spending”. Structurally, it seems like in a good position to do so.

Advertisements

2 thoughts on “China’s economy – Businessweek and The Economist

  1. Pingback: Australia warned of China economy danger | Craig Hill

  2. Pingback: Australia warned of China economy danger | China Daily Mail

Share your thoughts

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s