Qu Hongbin
Qu Hongbin
chinese discount line number people roughly year
It's roughly in line with what people expected, and if you discount the Chinese New Year effect, the number would probably not look so high.
modest prices producer slow
Investments will slow and producer prices should come down. What we'll see now is a modest slowdown.
economy export far growth people performed stronger
China's economy has so far performed better than people had expected. Export growth is also stronger than expected.
china evidence given growth investment needs shifting toward
Given the evidence of deteriorating investment efficiency, China needs to rebalance its growth by shifting away from investment toward consumption.
china fact labor magnitude matter million people plenty point rural simply supply surplus talking
Simply because as a matter of fact China still has plenty of rural surplus laborers and people are talking about a magnitude of more than 200 million - so you know from national-wide point of view, there is plenty of labor supply there.
blossoming depend economy exports external factors flower growth hidden main next question single various whether
There are various hidden uncertainties if we look at the main growth engines. Exports depend on external factors and it will be a big question as to whether China's exports can be a single flower blossoming if the world economy slows next year.