The Realities of China's Economic Slowdown

Mar.11 -- In "Single Best Chart," Nicholas Lardy, senior fellow at Peterson Institute, and Carl Weinberg, chief economist at High Frequency Economics, examine China's economic growth. They speak on "Bloomberg Surveillance."

[patzorro]

Who knows and who cares. GDP itself may have different definitions. All you need to know is if everyone is better off. From that aspect looking back last 10-40 years, Chinese are just getting so much better off, from hardly any normal citizen enjoying overseas travels and 100s “asylum seekers” fleeing the country to 130 million a year and with no exception all returning home happily. While I travel to India 5-10 times a year, hardly see anything changed for last 10-20 years. And my town in Australia has also changed nothing. What does GDP do to ordinary people if people are not better off.

[CTOInformation]

China is getting quality growth, unlike a "data" growth like some other countries claimed.

[paulsommerhalder]

A question about day-to-day "red phone" command economy interventions directed at men who have never lived in China. Come on now, dig deeper please, guests who are polished and well-spoken, who spit-ball "answers" to your questions is just no-good.

[minzhang]

1990. The Economist. China's economy has come to a halt.

1996. The Economist. China's economy will face a hard landing

1998. The Economist: China's economy entering a dangerous period of sluggish growth.

1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy.

2000. Chicago Tribune: China currency move nails hard landing risk coffin.

2001. Wilbanks, Smith & Thomas: A hard landing in China.

2002. Westchester University: China Anxiously Seeks a Soft Economic Landing

2003. KWR International: How to find a soft landing if China..

2004. The Economist: The great fall of China?

2005. Nouriel Roubini: The Risk of a Hard Landing in China

2006. International Economy: Can China Achieve a Soft Landing?

2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing?

2008. Forbes: Hard Landing In China?

2009. Fortune: China's hard landing. China must find a way to recover.

2010: Nouriel Roubini: Hard landing coming in China.

2011: Business Insider: A Chinese Hard Landing May Be Closer Than You Think

2012: American Interest: Dismal Economic News from China: A Hard Landing

2013: Zero Hedge: A Hard Landing In China

2014. CNBC: A hard landing in China.

2015. Forbes: Congratulations, You Got Yourself A Chinese Hard Landing ….

2016. The Economist: Hard landing looms for China

It's funny all that talk about "hard landing". But now the data showed gradually shift, a sign of a soft landing, it is suddenly bad now.

I mean there is just no pleasing those "Economists", right? LoL.

[xxczerxx]

If the US at present is the 'capitalism' referred to by Weinberg as being desirable, then China should stay the hell away. Not that their economic model is equitable, but I don't think anyone is in a position to grandstand about others' economies at the moment, the global markets are in a seriously precarious position.

[LambentOrt]

We're all depending on the Chinese economy now. Though they're still very influential, the US and Europe are no longer the big economic powerhouses they used to be. I hope for the world's sake that China's happy period can last for a while longer, at least until the global distribution of wealth is a bit less skewed. But whatever, the 1% will cause havoc with the markets cause they can, and everyone else will suffer for it. The recession will come sooner or later.