If you follow the markets daily you've probably seen statements like this actual example from a national newspaper: «U.S. stock index futures were under pressure on Friday, weighed by bearish concern over Spain's rising borrowing costs and
Chinese economic data.»
· Chinese Companies Forced to Falsify Data, Government Says http://t.co/tH0MUiYn AN example of why I don't trust
Chinese economic data.
A Journal analysis of
Chinese economic data suggests that capital is pouring out of the country — about $ 225 billion in the 12 months through September, equivalent to about 3 % of China's economic output.
But
the Chinese economic data for March — such as weaker growth in industrial output and investment - is suggesting that momentum is slowing.
Not only is the Chinese economy slowing, but everyone appreciates that
Chinese economic data leave room for a healthy degree of skepticism.
Mining stocks also benefitted from some positive
Chinese economic data.
Chinese economic data is notoriously unreliable and Beijing has a nasty habit of trying to paper over weaknesses that might make the Communist Party look bad.
Judging by the reaction of financial markets, traders seem encouraged by the recent round of
Chinese economic data, from gross domestic product and exports to industrial production and retail sales.
The shifting timing of Lunar New Year celebrations in China, seeing the entire nation break for a week - long holiday, often creates seasonal distortions in
Chinese economic data during this time of the year.
As a whole, the movements have been modest in scale, continuing the pattern seen around most
Chinese economic data points of late.
Not exact matches
Alibaba's sales
data have been closely watched as a gauge of
Chinese consumption as
economic growth slows.
Chinese stocks surged on Monday after several leading companies forecast strong mid-year earnings and
economic data showed growth.
What Beijing seems not to understand is that current pessimism about the
Chinese economy has less to do with the recent spate of bad news than with the lack of reliable
data on the
Chinese economy and the opacity of Beijing's process of
economic policymaking and its intentions.
Veracity of the
data aside, the idea of immutable
Chinese economic growth that so dominated the thinking of resource markets in recent years is now off the table.
Leland Miller, an expert on the
Chinese financial system and president of
data analytics firm, China Beige Book International, visited Global Finance to discuss China's official
economic statistics and the financial implications of the upcoming political transition.
Of course it matters to anyone who wants to understand the
economic cost of the adjustment, but arguments about whether the reported
data are overstated, and by how much, have become part of the bull vs bear debate about whether
Chinese growth is merely slowing temporarily, and not as part of a major
economic reversal of the growth model.
Emerging market currencies have been hit by a sell - off in the first week of trading this year after weak
economic data in China rekindled worries over global growth and halted trading on
Chinese equity markets on two days.
Chinese economic and development
data are the subject of much skepticism and doubt, even within the national political circles.
The final version in the 2012 spending bill retains the prohibitory language, although it gives the White House an opportunity to engage in some collaborations if it can «certify» that they «pose no risk... of transferring technology,
data, or information with national security or
economic security implications to China or a
Chinese - owned company.»
Last week we saw mortgage rates improve as fears of European debt contagion, worries over the U.S. job market, and a slowing
Chinese economy outweighed marginally firmer U.S.
economic data.
In the light of urban environmental transition (UET) theory, this study explores the relationship between carbon dioxide (CO2) emissions,
economic growth, urbanization and trade openness using updated
Chinese data over the extended period (1971 - 2013).
On the
economic calendar, U.S. inflation figures and
Chinese trade
data are due throughout the week.