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Chinese growth was becoming less dependent on exports as global demand flattened out: http://www.usfunds.com/media/images/frank-talk-images/2012-frank-talk-ima
by nikcub 11y ago
Chinese growth was becoming less dependent on exports as global demand flattened out:
http://www.usfunds.com/media/images/frank-talk-images/2012-frank-talk-images/2012-ft-jan-jun/ChinaGDPgrowth-041212.gif http://www.usfunds.com/media/images/frank-talk-images/2012-f...
The current growth slowdown is largely due to decreased domestic consumption growth:
http://www.brookings.edu/~/media/Research/Files/Blogs/2014/04/22-china-growth-data/china-contributions-gdp-growth-dollar-2.jpg?la=en http://www.brookings.edu/~/media/Research/Files/Blogs/2014/0...
Of the top listed companies in Shanghai, most are banks, petro, insurance, energy, etc. that are domestic driven (the SSE website is down at the moment but the list is here: http://english.sse.com.cn/listed/list/ http://english.sse.com.cn/listed/list/)
I don't think there were many expecting that a public company investment in China would be supported by exports.