Thriving capital markets are central to China's growth
Article Abstract:
Senior Economist Pu Yonghao at Hong Kong-based Nomura International makes an argument for a stronger capital market in China. His initiatives include the privatization of state-owned industries, the creation of a debt market through the issuance of public bonds, and the implementation of stable credt rating regulations. Based on interest rates, an active debt market could help stabilize the Chinese economy as a whole. Several of China's economic statistics, such as total bank lending and gross domestic product, are discussed.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Think twice about China
Article Abstract:
Figures released by the national statistic office of China show the country's gross domestic product rose 8.1% for the first quarter of 2001, but analysts believe these numbers are severely exaggerated. A study by PricewaterhouseCoopers ranking China last of 35 countries in the Opacity Index, which considers factors such as clarity of macroeconomic data and policies, may give investors a reason to think twice before moving funds to China.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Chinese official sees growth slowing down to 7% in 2002: Worrisome rate would be weakest since 1990 and could trigger deflation, unemployment
Article Abstract:
Both Deputy Head of the State Statistics Bureau Qiu Xiaohua and Minister of Finance Xiang Huaicheng have forecasted that the Chinese economic growth rate will only reach 7% in 2002. Officials fear the unrest caused by joblessness forecast for the coming year.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Quality defaults and work-in-process inventory. Exponential smoothing models: means and variances for lead-time demand
- Abstracts: International hopes: Kazan's new centre is part of a wider bid for international recognition. Milan compromises to meet opening date
- Abstracts: Building techniques. Stadia for the next century: for the Lobb Partnership, CAD is crucial to the development of design proposals, as it allows engineering solutions to be fully integrated
- Abstracts: Emerging marketing strategies in a changing macroeconomic environment: a commentary. The antecedents and consequences of integrated global marketing
- Abstracts: Austria: Food and drink industry is improving. Health foods and organic foods in Spain. AUSTRIA: MARKET FOR FUNCTIONAL FOOD