How should we read into 7.5% GDP growth rate in China?# Stock
i*e
1 楼
1. It doesn't only mean a 0.5% drop in growth. It may indicate a possible
turning point for Chinese economy. You may never see high speed growth in a
decade.
2. 1% drop in GDP in China increase unemployment rate by 2-3%. A 1%-1.5%
drop on employment will put huge pressure on the social unrest.
3. It means "Chinese monetary policy cannot take control of both inflation
and growth at the same time". The "跷跷板" theory is accepted by the
Government.
Just my personal two cents.
turning point for Chinese economy. You may never see high speed growth in a
decade.
2. 1% drop in GDP in China increase unemployment rate by 2-3%. A 1%-1.5%
drop on employment will put huge pressure on the social unrest.
3. It means "Chinese monetary policy cannot take control of both inflation
and growth at the same time". The "跷跷板" theory is accepted by the
Government.
Just my personal two cents.
