Sino Slowdown
03/11/2015 | | Economic forecasting, Eisenberg and housing economics, Eisenberg and public speaking, Elliot eisenberg, Graphsandlaughs, MLS, Multiple listing service, Public speaking economist, bow-tied economist, econ70, economist on TV, economist on radio, eisenberg and economics, funniest economist, funny housing economist, graphsandlaughs and eisenberg, housing sales, mortgage banking, politics and economics, www.econ70.com
With industrial output growing at its slowest pace since 2008, retail sales and fixed investment at levels last seen in 2005 and 2001 respectively, China is slowing. To boost lending, expect China to lower interest rates and the reserve requirement ratio. The real estate downturn, weakening exports, massive overcapacity, and the crackdown on anti-corruption and shadow banking have inflation at just 1%. Chinese GDP won’t hit even 7% in 2015.