Category Archives: China

Chinese real estate oversupplied?

We read a number of commentaries on the Chinese market, to the effect that their economy is slowing down exactly as planned, and that it will have a soft landing before starting to grow again. So, to provide some contrast, … Continue reading

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The Chinese PMI is up at 53.3 reversing a slump in demand earlier this year, and suggesting that Chinese demand for our resource products will continue. According to a report released by Treasury, Chinese mineral demand will continue to be … Continue reading

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Europe continues muddling

The Opposition tries to compare the Australian economy with Iceland… Meanwhile, the European dance macabre continues. Greece flirts with default again, as talks between the country, IMF and Europe continue, but any common ground seems to be slipping. Probably by … Continue reading

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World growth 2.5% in 2012, 1.1% if Euro collapses

According to CEBR (Centre for Economics and Business Research) UK, world growth will be 2.5% in 2012, but if the Euro collapses they forecast the impact will be to reduce world growth to 1.1%. In good news for Australia, although … Continue reading

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China real estate signalling a slowdown or worse

Corporate bond issuance has collapsed by three-quarters over the past three months in these regions, touching the lowest level since depths of the Great Recession in early 2009, according to Bloomberg data. Contagion has spread to Chinese “Dim Sum” bonds … Continue reading

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China property bonds hurting

In a sign that conditions are getting tougher for developers in China, chinese property bonds have been falling significantly in value. Developers have had access to bank loans closed off, and have turned to trust funds, paying up to 25% … Continue reading

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Remember China?

In all the news about carnage in the US and Europe, China isn’t getting the headlines right now, but given the exposure of Australia to China, the time may have arrived to watch it more carefully. The US moves, lead … Continue reading

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China growth continues ok

Australian worries about China emerge from time to time, hardly surprising considering how our own fortunes are held hostage to China, but the latest statistics suggest no worries! This morning, Chinese National Bureau of Statistics published economic data for June … Continue reading

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