Daily FNArena News - International

Two leading surveys indicate Chinese manufacturers continue to enjoy solid momentum and conditions.

Forget Chinese economic growth. Currency imbalance means China is also potentially dragging the world back into crisis.

The world economy might be on the road to recovery, but it’s Asian growth that the “advanced” economies have to thank.

China has made a strong start to the fourth quarter, with many number surpassing pre-GFC levels, but monetary policy is still a major question.

According to US Global Investors there are a number of reasons why the recent strength of the Chinese economy is not indiative of a bubble forming.

China’s data releases today were just as spectacular as many had assumed, leading to 10% GDP growth forecasts and inflation concerns.

Chinese manufacturers are enjoying the best environment since April 2008, according to two monthly surveys.

Growth in China increased in the September quarter but China specialist Dragonomics remains skeptical.

A quarterly GDP growth of 8.9% is not enough to encourage any easing in stimulus measures, according to China’s Bureau of Statistics.

While many feel that developing Asia will continue to be insulated against the financial crisis, falling investment levels are now raising some doubts.