Posts tagged as: government transition

Chinese economy in the thick of recession but government stays unmoved – Part 2

One factor behind ignorance is the multi-year transition of Chinese leadership that happens once in a decade. The Communist Party is on the verge of transferring the responsibilities to their successors and their plan is to do nothing until the next generation makes it to the helm. However, there are some things that the corporate […]

Chinese economy in the thick of recession but government stays unmoved – Part 1

The Chinese economy is tumbling down but Chinese leadership seems to ignore the fact and along with the leadership is Justin Yifu Lin, chief economist for the World Bank, who supports the ideology that the economy will continue to grow. In the latest statement, the chief said: “China has the potential to achieve another 20 […]

Chinese economy in the thick of slump, catalyzed by the power transition next year – Part 2

Most US economists are spreading the word of imposing duties on Chinese imports in the country to help promote the local labour pool. However, their misled belief is not going to help the case in any regard. The Chinese have a better infrastructure, when it comes to production, whereas the US has innovation, when it […]

Chinese economy in the thick of slump, catalyzed by the power transition next year – Part 1

China’s economy is sinking fast but the downturn is merely a problem created by them. However, according to some experts, that might not be entirely true. The second largest economy has taken some steps in the past that have been beneficial at times but now they are becoming consequential. At the latest gathering of all […]

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