A strong June quarter growth outcome has seen Morgan Stanley lift its growth forecasts for China, the broker taking the view the domestic economy will provide support until exports recover.
China’s sudden surge in economic growth has been welcomed as a path out of the GFC woods. But could it prove an overstimulated bubble?
ANZ Bank believes emerging Asian economies are unlikely to see a quick recovery in GDP growth.
Finished goods inventories increased among Chinese manufacturers in June, reports CLSA. This is very unusual for the industry.
China’s Purchasing Managers’ Index recorded the smallest of the smallest gains possible in June. Let’s call it a draw.
Asia’s status as a major importer means further price gains for oil commodity could impact on economic growth rates in the region.
Standard Chartered has lifted its growth forecast for the Chinese economy this year on the back of the fiscal stimulus but still sees solid rather than spectacular improvement in 2010.
Recent economic data show the Chinese economy is recovering strongly.
Outlook for Asia is good and growth is more likely to surprise on the upside, DBS says.
Chinese economic data for May beat market expectations.