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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (102130)7/31/2013 8:45:52 PM
From: Snowshoe  Read Replies (1) | Respond to of 219500
 
Li Keqiang has his own private way to measure the Chinese economy...

China capitulates

blogs.telegraph.co.uk

By Ambrose Evans-Pritchard Economics Last updated: July 23rd, 2013


Now we have a clear statement from Premier Li Keqiang that growth must not fall below the government’s “lower limit” of 7.5pc for 2013, and 7pc thereafter.

Already we hear talk of more investment on railway projects, social housing, infrastructure, green energy, sewage, broadband and G4, the tried and tested levers of fiscal stimulus.

Ting Lu from Bank of America calls it the “Li Keqiang Put”. That is certainly what it looks like.

*****

By the way, as the Telegraph wrote earlier this week, the economy is actually growing at a rate of nearer 2pc using the famous Li Keqiang Index based on his private (WikiLeaks) measure of electricity use, rail freight, and loans.




The blue line is allegedly “true” growth, courtesy of Patrick Chovanec.



To: Snowshoe who wrote (102130)8/1/2013 8:24:34 PM
From: TobagoJack  Read Replies (1) | Respond to of 219500
 
was on the same macro panel as diana earlier this year at a hedge fund conference, together w/ another, and by rating, i was welcomed, and i had rubbished almost everything the lady had to say, and done so w/o mercy

i enjoyed myself even though it was easy

;0)