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GlГјckszahl In China

GlГјckszahl In China

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Beijing is trying to balance a crackdown on high debt levels while also maintaining economic growth.

While reducing reliance on debt would benefit the economy in the long run, it likely means a far slower pace of growth than the country has seen in recent years.

Nevertheless, economic data from China are being closely watched for signs of damage inflicted by the trade war with Washington.

While official data indicated China's economy held up for much of last year, it now appears to be slowing. Production metrics and export orders are falling as the country's trade dispute with the U.

China has offered a six-year boost in imports during its ongoing talks with the U. China pegged its proposal to buy more U.

Acknowledging that China's development faces a more complicated and difficult external environment in , the country's statistics bureau chief Ning said there is still ample ability to institute new support, Reuters reported.

Tao Wang, UBS Investment Bank's Asia economics head and chief China economist, said she expected Beijing to roll out further cuts to the reserve requirement ratio — the amount of cash that banks have to hold as reserves.

Together with other policy tweaks such as tax cuts and infrastructure spending, China's growth can be stabilized so that the economy achieves a "soft landing," Wang told CNBC.

Sign up for free newsletters and get more CNBC delivered to your inbox. Get this delivered to your inbox, and more info about our products and services.

All Rights Reserved. Data also provided by. Skip Navigation. Markets Pre-Markets U. Key Points.

That full-year figure matched expectations from analysts polled by Reuters. Fourth-quarter GDP growth also matched expectations, coming in at 6.

Pedestrians walk past Chinese flags displayed along the Nanjing Road pedestrian street in Shanghai, China. This is low — for now!

While the growth of Chinese investment abroad may be faster than that of American, European and Japanese companies during the early stages of their development, the nature of the investment appears very different.

In the s and s, Western companies focused on building new factories abroad as many of you did in China.

Chinese companies are also primarily investing abroad to secure access to natural resources. Chinese manufacturing companies have been investing in three main sectors: automotive, technology and shipping.

These initiatives are allowing Chinese companies to build new skills and diversify their business strengths, in order to develop new products, improve their marketing and learn new forms of management.

Undoubtedly the Chinese investment boom is good news for us all. These investments provide a much-needed boost to the world economy. In both cases, the sales and profits of the acquired companies were boosted significantly.

But perhaps the biggest impact of Chinese investment has been in Africa. In proportion to the size of the economy, Chinese direct investment in Africa has been five times larger than in the rest of the world.

A large share of these investments has focused on minerals, raw materials and in infrastructure. In addition, China is building six economic and trade cooperation zones in Egypt, Ethiopia, Mauritius, Nigeria, and Zambia.

The impact of Chinese investments is visible in terms of employment creation, infrastructure development and lower prices for many goods. Despite the positive developments however, numerous challenges lie ahead; many of them stemming from competition and national security concerns.

OECD work points to many different ways that state-ownership can indeed give SOEs advantages, such as finance, public procurement, hiring of staff, or even the ability to incur losses over a long period and still stay in business.

Concerns have also focused on investment that could imperil security interests, in particular in the infrastructure and energy sectors and in high-tech industries.

Australia, Canada, Russia and the United States, for example, have special domestic provisions concerning the examination of investments by state-owned or -controlled entities.

A further challenge stems from attitudes towards corruption. In the past decade, societies have come to realise the extent to which corruption and bribery have undermined their welfare and stability.

In China, authorities, the private sector, and civil society alike have consequently declared the fight against corruption to be of the highest priority.

In February , China amended its Criminal Law to establish a criminal offence of bribing non-PRC government officials and officials of international public organisations.

The next crucial step is to ensure full compliance with the spirit and the text of the law particularly since Chinese multinationals do not yet perform as positively as peers from major emerging economies.

Progress is being made on addressing challenges in this area. Increasingly, new free trade agreements specify that SOEs should not operate in a manner that creates obstacles to trade and investment.

GlГјckszahl In China

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2 Comments

  1. Molkis Faudal

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  2. Galrajas Brale

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