Small Business Resources, Business Advice and Forms from AllBusiness.com

Cooling China: do international policymakers yet grasp all the global consequences of China'...

By Hale, David
Publication: The International Economy
Date: Tuesday, June 22 2004

The Chinese government shocked global financial markets not long ago when it announced further measures to slow the country's buoyant investment spending. The government said that it would curtail bank lending to certain sectors where it perceived a risk of overheating (real estate, steel, cement, aluminum) and increase the amount of equity that firms provided to qualify for new loans. As capital spending has been the Chinese economy's dominant growth engine during the past eighteen months, the announcement triggered a slump in commodity prices, east Asian stock markets, and curre

In addition, make sure to read these premium articles also available with your free trial:

T T T
art_print Printart_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

Free AllBusiness Articles

  • The international economy.
    • Economic growth in the world is likely to come in at 3.2 percent for 2003, measured in terms of real Gross Domestic Product (GDP), compared to growth rates of 2.4 percent in 2001 and 3.0 percent in 2002. The International Monetary Fund in Washington (IMF, World Economic Outlook, Fall 2003) ......
  • U.S. economy slows slightly: will Montanans even notice?
    • [ILLUSTRATION OMITTED] There is a little chill in the air for the U.S. economy. GDP growth should average just 2 percent from mid-2006 to mid-2007 compared to 3 percent to 4 percent from 2004 to 2006. The two causes of the slowdown are: (1) a plummeting housing market and ......
  • China sees flickering shadow behind bright prospects.
    • After seven years, since 1998, China's expanding fiscal and monetary policies have come to an end. Last year the Chinese government changed its fiscal policy from 'boosting' to 'moderation' to cool the heated economy which has grown by excessive investment activity. Economists and people in the global steel community anticipate ......
  • Financial sector reforms in China.
    • China's financial reform - an integral part of its transition to a market economy - has been characterized by pragmatism and gradualism. During the first decade of reforms, policymakers have emphasized institutional development, with the result that real market development has lagged behind. In 1978, China embarked on a gradual ......
  • Rising sun: technology transfer in China.
    • China's rapid economic growth has monopolized the news in recent months. The annual gross domestic product (GDP) growth rates of around ten percent that were common in the 1990s have continued in the early years of the 21st century. China's investments in new factories, offices, and other infrastructure have driven ......
  • Rising Sun
    • HEADNOTE Technology Transfer in China IMAGE PHOTOGRAPH 1 China's rapid economic growth has monopolized the news in recent months. The annual gross domestic product (GDP) growth rates of around ten percent that were common in the 1990s have continued in the early years of the 21st century. China's investments in ......
  • China: lots of promise, plenty of risk.
    • With China's recent entry into the World Trade Organization, many companies have been banking on China as their next big market. The boom in investment, accompanied by unparalleled growth in gross domestic product, can be very persuasive: Some estimates show that growth in fixed investment in certain Chinese sectors has ......

Video

Business Guides

Forms

Blogs

  • One Billion Customers--How Many Are Your Serving?
    • One of the surest growth strategies for your business is tapping into fast growing markets with a lot of customers. How about the world's fastest growing economy with more than a billion customers? That's right, China. I just had a chance to re-connect with Matt Comyns and Jim McGregor of ......
  • What You Need to Know About the Fed Rate Hike
    • The Federal Reserve Board -- or commonly know as the "Fed" -- boosted interest rates for the 16th consecutive time on Wednesday. The quarter point increase now pushes the federal funds rate to 5%. Important to watch? Yes, for a bunch of reasons. First, while the 5% federal funds figure ......
  • Fed Bails Out Wall Street at Main Street's Expense
    • Interest rate cuts designed to stimulate the economy are having the opposite effect, and small businesses are starting to feel the pain on Main Street.
  • Credit Crunch Sweeps Main Street Like a Pernicious Virus
    • For much of the past year, Main Street seemed immune from Wall Street's financial problems. But credit crunch is putting the squeeze across the economy....
  • All Bloggers

Podcast

Related Topics
Tools

Sponsored Links

Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.