Monthly Archives: March 2016

Geld Zug: CHINA – FINANCIAL YEAR 2015 IN REVIEW

CHINA China’s GDP growth met its CY15 target, but it keeps on slowing down. It would be a lot lower if the authorities weren’t pumping up the money supply, applying fiscal stimulus to key sectors, and fudging some of the statistics. China’s wealthiest citizens are continuing to ship their money off to safer jurisdictions. This is one of the main reasons why the China’s currency is weak even though its trade surplus and its incoming direct investment are both rising. We don't see any likelihood of a hard landing in China this year, but the downward drift of the Chinese [...]

2016-03-02T16:51:58+00:00March 2nd, 2016|