Chinese Prospects Amid Global Slowdown
ECRI
30-June-2008
China has registered double-digit growth for the past three years. But there are growing concerns about the sustainability of China’s economic growth, with its stock market plunging and inflation soaring to the highest level in 12 years.
As the U.S. economy slips into a recession, and Japan and the Eurozone also experience slowing growth, the question is whether China can decouple from the world’s major economies. ECRI’s latest analysis of the cyclical linkages between China and key developed economies gives definitive conclusions on the impact of the global slowdown on the Chinese economy.
This information is excerpted from a full report issued on June 26, 2008 to professional subscribers. For information on how to read the complete story and to subscribe to ECRI's services click this link.