- Mar 22, 2012
- 1 min
MEDIA - WSJ: our thoughts on the Chinese economy
We continue to observe a remarkable slowdown in the Chinese economy. This is a consequence of (a) the drop in Exports to a contracting Europe and (b) the incipient cooling off of the local housing market. Historically Fixed Investment/GDP ratios as high as the Chinese one have not boded well for the economy. In this 2012 election year we expect a very muscular policy response, both fiscal and monetary. The question that many are rightfully asking themselves is how the Chinese
