www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Make me your Homepage
left corner left corner
China Daily Website

Analysts expect stronger Chinese economy

Updated: 2012-10-10 09:33
By Ariel Tung in New York (China Daily)
Slowdown likely to have bottomed out in third quarter, experts say

Despite data showing signs of weakness, some analysts say the Chinese economy could grow stronger by the year's end.

Analysts expect stronger Chinese economy

Amid other analysts' somewhat gloomy forecasts, Dan Steinbock of the India, China and America Institute said China's GDP growth is likely to gain strength in the second half of 2012. [Photo/China Daily] 

Growth in China's GDP has slowed for six consecutive quarters, hitting a three-year low of 7.6 percent in the three months ended June 30.

UK-based Barclays PLC recently cut its forecast for Chinese GDP growth in 2012 to 7.5 percent from an earlier projection of 7.9 percent. That followed lowered expectations from Goldman Sachs Group Inc, UBS AG and other global banks.

The country can still reach its GDP target for this year of 7.5 percent, Jin Zhongxia, a researcher for the People's Bank of China, was quoted as saying by China Securities Journal in late September. The slowdown is likely to have bottomed out in the third quarter before recovering in the fourth, Jin said.

With third-quarter data to come this month, some see a bottoming-out already under way.

"Since February, I have an idea that the Chinese economy is in a soft landing. Its overall development has been stable," said Dan Steinbock, head of international-business research at the India, China and America Institute, which is affiliated with Georgia's Kennesaw State University.

"It is true that 7.5 percent growth is a weak mark of growth, but we have to look at the external environment," Steinbock said.

"The United States is growing close to 1 percent; Japan and Europe are not growing. China's performance is considered one achievement in the overall environment."

Further softening is seen in exports, on which the Chinese economy is heavily dependent. Trade data for August showed that exports rose at a slower-than-expected rate of 2.7 percent from a year earlier, due to weakened overseas demand. Meanwhile, China's imports actually fell by 2.6 percent.

China's stock market has also been dragged down by reduced manufacturing output and the gloomy sentiment worldwide. The bourse in Shanghai hit a post-2009 low in September.

But as Steinbock sees it, the long-term growth potential for China means it won't be hit as hard as other economies.

"China is a large emerging economy; it's where the United States was in the 1920s," he said.

"So there is a lot of room for China to grow in the long term. If you look at the growth model of the United States, it is almost 70 percent dependent on consumption-driven growth."

The nature of the US economy, and that of many European countries, makes for a more difficult path to return to economic levels preceding the financial crisis of 2008-09.

Previous Page 1 2 Next Page

 
8.03K
 
...
主站蜘蛛池模板: 一级黄色录像片 | 欧美在线播放成人免费 | 精品在线视频观看 | www.亚洲国产 | 免费一区二区三区在线视频 | 九九综合 | 国内免费自拍视频 | 亚洲视频中文 | 91香蕉国产亚洲一区二区三区 | 国内交换一区二区三区 | 国产乱码一区二区三区四川人 | 在线看毛片网站 | 激情6月丁香婷婷色综合 | 欧美成人精品大片免费流量 | 日韩毛片在线免费观看 | 老太婆性杂交毛片 | 欧美一级在线观看视频 | 夜夜春夜夜夜夜猛噜噜噜噜噜 | 日韩欧美印度一级毛片 | 日本伊人精品一区二区三区 | 婷婷尹人香蕉久久天堂 | 亚洲精品一区二区三区四区手机版 | 亚洲欧美日韩在线精品一区二区 | 久久久久久久久久免费视频 | 亚洲成在人线久久综合 | 亚洲人成网国产最新在线 | 成年男女拍拍拍免费视频 | 国产精品国内免费一区二区三区 | 亚洲在线网 | 亚洲加勒比久久88色综合 | 日本人成18在线播放 | 一级毛片中文字幕 | 3级黄色 | 99国产精品欧美久久久久久影院 | 成人免费久久精品国产片久久影院 | 成人免费视频在线看 | 性欧美高清come | 高清成人爽a毛片免费网站 高清大学生毛片一级 | 亚洲天堂日韩在线 | 九九久久精品国产 | 中美日韩在线网免费毛片视频 |