lundi 29 février 2016

Why worry Chinese world economy?

Stock indexes rose on the Shanghai Stock Exchange as soon as China is currently the GDP growth rate for the second largest economy in the world for 2015 , after two or more weeks of turmoil in the Chinese market and the Asian and global markets .

 As investors bought the stock , not because the growth rate at 6.9 percent, a good rate , but because slower growth indicates that the government may go back to pumping stimulus money in the market. Although the Chinese economy growth rate is not bad, compared with the growth rates in the rest of the major economies in the world between 2 and 3 percent, but it looks a lot less than half the growth rate of more than 14 percent in 2007. The secret global concern of a slowdown in the Chinese economy, the reasons have to do with China and the other related to the global economy. As a Chinese, a start skeptical world very much in China's official figures. A semi economists and analysts believe that the government "is working on the numbers," Vtqll growth rates in the boiling and improve situations in case of retreat.

According to many estimates based many criteria (from the sale of auto loan rates to invest), the Chinese economy has not increased its growth from 5 percent, while the numbers that preceded the 2008 financial crisis may have been in fact larger than announced. But more worrying is actually in the details of Chinese GDP components , as the industry fall sharply amid a productive saturation in the market and reduced demand for exports. If the service sector grew in 2015 just over 11 percent ,
the manufacturing sector grew by only 1 percent . Moreover, the ratio of total debt in China has risen from 15 percent of GDP before the financial crisis in 2008 to about 250 percent of GDP now. In the recent exit of capital from China it increased rates, as its banking sector is suffering from increasing bad debts and experiencing business bankruptcies in increasing numbers. In addition to the Chinese factors autobiography, there are global problems of the economy as a whole, the most important, since the previous crisis,

which did not solve any of the structural problems in the global economic system, and solutions "prosthetic" of the crisis depends on the growth of emerging economies (such as a group BRICS) countries under the leadership of the Chinese economy to eject the economy the global recession.