Sentences with phrase «china needs this growth»

China needs this growth to raise its low standard of living.

Not exact matches

China's economic rebalancing towards more consumer - oriented growth has global businesses cautious, but pessimists need only look at the country's annual e-commerce event for a powerful reminder of consumer buying power.
Riding a string of disappointing quarters amid weak global demand, Potash Corp. needs to increase its sales in growth markets, particularly India and China.
«As growth slows and risk of deflation heightens, we reiterate that China needs to cut reserve requirement ratio (RRR) by another 50bps in Q4,» ANZ economists Li - gang Liu and Louis Lam, said in a note.
Maybank - KimEng said both companies likely needed the deal to gain access to «a bigger playground,» noting Geely's potential in China was capped by moderate growth and Malaysian auto sales appeared to have hit a saturation point.
We don't need M&A to deliver our growth and we are very much focused on our strategy of driving growth by accelerating our core products, by continuing to expand into white spaces like chocolate in China, chocolate here in the US, and continuing to expand our position in all kind of — all retail channels including e-commerce.
Raymond Yeung, Greater China chief economist at ANZ in Hong Kong, said that China needs to pay attention to high loan growth even if more funds are now flowing into real investment rather than speculative activity.
This was why financial repression, although useful in the early stages of China's growth period because it turbocharged investment, ultimately became one of the county's biggest problems once investment no longer needed turbocharging.
Third, when China desperately needed investment early in its growth period, this growth in economic activity represented real growth in wealth.
This may also be why PBoC Governor Zhou — who was among the first senior policymakers, I believe, to recognize the urgent need for China to rebalance economic growth away from the current debt - addicted model — seems to be among the key economic decision - makers.
With growth falling below 7 percent, China's economy is in dire need of a makeover.
The South China Morning Post has an article claiming that President Xi is also very much on board with the need to change the underlying growth model:
China has managed to meet the GDP growth target of 6.7 percent, the level of economic activity presumably needed to keep unemployment from rising, only by increasing total debt by a frightening amount equal to a 40 — 45 percentage points of GDP.
And third, assume that China continues to have as much debt capacity as needed in the current period to fund the amount of activity required to meet the GDP growth target.
In his report, he writes, «reforms are needed to ensure China's long - term financial stability and reestablish rapid but more sustainable growth.
Attempts to export its excess savings can only lead to one of three outcomes: A) global growth rises because Europe's savings are all directed at developing countries with significant infrastructure investment needs and insufficient capital, B) global growth drops sharply, global unemployment rises, and China's adjustment becomes all but impossible, C) international trade and capital flows collapse in a repeat of the 1930s, so that Europe is forced to resolve its savings imbalance either by a massive increase in unemployment or a wave of sovereign defaults.
Given the need to deleverage the economy after seven years of very rapid credit growth and given the slow growth of China's more developed trading partners, it seems inconceivable that there could be any significant upturn in the growth rate anytime soon.
China Planning More Infrastructure Projects for Growth, NDRC Official Says China needs more subways, highways and sewage plants, and construction of that infrastructure will help the economy, a senior planning official said.
The key drivers of the Savings Glut, however, have weakened or reversed: China's growth is rebalancing toward domestic consumption, and its stock of foreign exchange (FX) reserves has declined; other Asian emerging markets have already accumulated sufficient FX reserves and no longer need to accumulate assets; and the plunge in oil prices is forcing a number of oil exporters to reduce savings to delay or smooth the adjustment in expenditures.
«It leverages state control of the financial system to channel low - cost capital to domestic industries — and to resource - rich foreign nations whose oil and minerals China needs to maintain rapid growth
Mr. Blanchard said, however, that China's need to contain escalating risks in the financial sector without excessively slowing growth will be a major challenge «and a delicate balancing act.»
one only need look at the Church ih China today and it's growth under Communist persecution to get a mirror image of what it was like for first through third century Christian's as well as Revelation 6:9 - 11 then 14 - 17 nine through elven are the martyrs and 14 through 17 is a glimpse of judgment for men of war!
The expertise and technology services will be crucial to the Chinese economy, says Buckingham, because as China relies more on domestic consumption it needs more innovation to sustain GDP growth.
He also quietly muses about his own Chinese lineage being a plus in the current corporate world, where just about every firm needs a «China strategy» on how to tackle one of the world's biggest growth economies.
With China expected to experience rapid growth in clinical trials over the short term, the Australian industry needs to remain competitive by focusing on quality factors as a differentiator.
To meet China's market consumption growth, food and beverage companies need to understand how Chinese consumers evaluate and buy goods.
Pan: Per capita, they are still obviously way behind the United States and other industrial nations and there is this argument that the United States and the West, you know, they went through their industrial revolutions and we need to go through ours, but still that ignores the argument that the others, the lessons learnt, you know, China should be able to take a different path and there is a budding environmental movement right now in China, trying to put pressure on the government to do something about this, but again, you know, these officials are addicted to economic growth.
«We need only to look to China to see the consequences of rapid growth on emissions in a country of a billion - plus people,» says Roger Pielke Jr at the University of Colorado in Boulder.
We first need to look for geographic growth, and most of that's going to come from China... so we can seek to get growth for the existing car lines with the current investment level from those markets, while, in the U.S., we flatline the growth and seek to improve the quality of the business.
Meanwhile in China, the ruling Communist Party has mostly abandoned its pledge for badly needed economic reforms as it seeks to maintain GDP growth of at least 6.5 %, creating fears about a debt time bomb waiting to explode.
But ultimately, China needs to find more sustainable engines of growth beyond further debt accumulation by unproductive national and local SOEs, or accept slower growth.
China had seen slowdowns in the growth in electricity supplies recently, often because of shortages of coal or the ability to get the fuel where it was needed.
«Chinese chief negotiator Su Wei also said China could not impose caps on its rising emissions because it needed time to focus on economic growth, despite U.S. calls for tougher action by Beijing.»
The US and China will be key to the growth in PV, with the need for their governments to offer solar incentives as well as reducing subsidies for fossil fuels.
But the fact is China's desperate need for more domestically - produced power that doesn't further degrade their dwindling water supplies or pollute their air — which will give your eyes and lungs a good burn on a stagnant day — is a major catalyst for renewable energy growth in the Middle Kingdom.
And China, while busily building new coalfired power stations at the rate of one a week (it has already overtaken the US as the world number one CO2 emitter), has become the new imperial power in sub-Saharan Africa, using its substantial political and economic muscle to secure control of the raw materials needed for its future growth, in particular African oil and gas reserves.
When mitigating anthropogenic global warming is projected to require greater than 80 % lower fossil energy use, how do we provide the transport fuel and energy for rapid growth by developing countries while sustaining OECD economic growth when the Available Net Exports of crude oil — after China and India's imports — have already declined 13 % since 2005, and Saudi Arabia may need to import oil by 2030?
Based on data since 1940, China's emissions have been growing at a compounded annual rate of more than 7 percent, and at that rate it will not be many more decades before Chinese exponential growth would dominate world emissions, at a time when we need to be reducing the world exponential growth rate below its currently alarming 2.8 percent value.
As power demand growth is slowing from a historical average of 10 % to 3 % or less per year, China has come to realise it needs to take its foot off the pedal when it comes to coal capacity.
No new coal plants are needed in China's 13th Five Year Plan as slower power demand growth and low carbon capacity targets squeeze coal generation out of power mix
The enormous growth in energy generation in China, most of which is coal - fired, adds to the urgency of the need for a clean coal solution.
Rather the big question that Western companies trading with China need to ask themselves is: if even the Chinese are paying attention to a more sustainable growth model, surely we need to, too?
China's weaknesses, including the tension between informational openness needed for growth and its political dangers
As one of the catalysts for the global smartphone market's surprising growth earlier this year, Vivo may need a little more than high - profile advertising deals to continue improving its sales numbers outside China.
Concerns about China's slowing economy need to be balanced against the fact that the country's services sector, including financial services, has now become its engine of growth,» notes Duncan Innes - Ker, Regional Editor for Asia at The Economist Intelligence Unit.
An ageing population and declining workforce means that China will need to raise productivity per worker and increase domestic demand to address the issue of slowing economic growth.
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