Archive for April, 2011

China’s growth is a phenomenon (发展是硬道理)

grow Chinas growth is a phenomenon (发展是硬道理)China’s growth is unprecedented and outshines all the previous historical experience. For example, it took UK 70 years to increase her GDP by 4 times (with an average of 2.2% growth per year). However, during 1978 and 2004, it only took China 26 years to increase her GDP by 10 times with an average growth of 9.4% per year. Read the rest of this entry »

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China’s fast pace of accumulating USD (美元大潮滚滚流)

china FX1 Chinas fast pace of accumulating USD (美元大潮滚滚流)China has been among the leaders to continue to accumulate FX reserves in this year. Most Asian economies have increased their pace to accumulate FX, having recovered from a slow down in 08/09 during the financial crisis. China, Hongkong, Taiwan and Singapore are the outstanding economies that have had a robust recovery and see potential increase of inflation in their domestic economy. Read the rest of this entry »

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Chanos vs El Erian on China (牛熊之争)

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China’s Dilemma (两难的选择)

china 300x225 Chinas Dilemma (两难的选择)China has been a successful prototype of managed capitalism in the past 20 years. The government tightly controls the interest rate, FX rate and cross-boarder capital movements so that they navigated the vessel through challenging times such as Asian Financial Crisis in 98 and Great Financial Crisis in 08. However, questions have been repeatedly raised as to the sustainability of such method. The CEO of Woodsford Capital Management, Wu Zhijian expressed his own opinion on Lianhe Zaobao.

中国的经济增长成就在过去的20年中令全世界瞩目。有政府主导的管理型资本主义也成为学术界研究的热门话题 – 即管理型资本主义是否已经战胜自由型资本主义。政府在过去对利率,汇率和跨境资本流动上的管制成功的带领中国经济安然度过各种金融危机。但是这种模式的可持续性不断受到学术界和企业界的怀疑。伍治坚在联合早报上发表了自己的观点。 Read the rest of this entry »

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