China economy faces severe times this year

[Goldbug]

http://business.asiaone.com/news/chinas-economy-faces-severe-times-year-premier-li

 

 

Thursday, Jan 23, 2014

BEIJING - China's economy faces a severe time this year and the government will be watching trends closely to ensure stable growth, Premier Li Keqiang was quoted by state radio as saying on Thursday.

 

"The situation that we face in 2014 remains severe," Li was quoted as saying. He did not elaborate.

Li was quoted separately by the government's website as saying that officials will strive to keep consumer prices stable.

Data this week showed China's economy grew 7.7 per cent in 2013, narrowly missing market forecasts for growth to slide to a 14-year trough of 7.6 per cent.

 

 

[Albeniz]

Meltdown coming?

Edited January 25, 2014 by Albeniz

[Mustank]

Haaaiizzz

 

My grandma homeland

Wonder what she would think of me if she is alive today

[Toothiewabbit]

More ATBs arriving on shores?

[Rncw]

More ATBs arriving on shores?

 

that is really a very good sign ....

 

[Goldbug]

[Tigerwoods]

let the show begin !

[Picnic06-Biante15]

hmmmmm.................... does it also related to what the report on HSBC if China melt down....

 

Melting down expected in 2014 ...

[Wt_know]

since 2010-2013 had pumped billions and billions into developing ghost towns, mega projects, apartments after apartments with no residents

pour money like that simi bank also dried up la

Edited January 27, 2014 by Wt_know

[Shull]

China pumped too much money (easy credit approval and low interest) into it's economy over the last few years as part of it's stimulus package. Now the govt is realising it's effect, and suddenly cut the funding.

[Wt_know]

those who made tens to hundreds of millions these few years (legal and illegal) ... no worries

can pump the money in spore ... we got plenty of condo coming up from 2014-2016 ... huat ah!

 

China pumped too much money (easy credit approval and low interest) into it's economy over the last few years as part of it's stimulus package. Now the govt is realising it's effect, and suddenly cut the funding.

 

2009 usa subprime and lehman lead the collapse

 

2014 would be china leading?

[Wyfitms]

since 2010-2013 had pumped billions and billions into developing ghost towns, mega projects, apartments after apartments with no residents

pour money like that simi bank also dried up la

 

shit gonna hit the fan man

[Picnic06-Biante15]

If China will to melt down, they can sent their XMM to all over the world to earn money and bring $$$$ back to help out ....

[Wyfitms]

those who made tens to hundreds of millions these few years (legal and illegal) ... no worries

can pump the money in spore ... we got plenty of condo coming up from 2014-2016 ... huat ah!

 

 

2009 usa subprime and lehman lead the collapse

 

2014 would be china leading?

 

not so fast lah

 

i think it would be 2016-17

 

just nice as i have to move nearer to town cos kid will be gog to pri sch

[Goldbug]

 

[Observer]

after china, will be dubai?

[Wt_know]

hard to say one ... nowadays everything chop chop

down jones 4 days down 500+ points

if there is some big news or scandals ... share market can drop few hundred points everyday! we have seen it in 2009 where dow, hang seng, nikkie, etc up/down few hundred points everyday

share market is 6 months ahead of "real" economy (that's what the book said)

 

 

not so fast lah

 

i think it would be 2016-17

 

just nice as i have to move nearer to town cos kid will be gog to pri sch

 

Edited January 27, 2014 by Wt_know

[Ichibawa]

if there really is a melt down in China, its going to be global. Even with XMM coming you wouldn't want to spend on them worrying that you may not have things to eat tomorrow in exchange for 5 mins of pleasure.