{"id":1369,"date":"2011-10-17T12:44:25","date_gmt":"2011-10-17T16:44:25","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1369"},"modified":"2011-10-17T12:44:25","modified_gmt":"2011-10-17T16:44:25","slug":"of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj\/","title":{"rendered":"Of Blind Men and Elephants \u2013 Grasping China\u2019s Economy &#8211; China Real Time Report &#8211; WSJ"},"content":{"rendered":"<p>Former Australian Ambassador to China and current board member of Australian miner Fortescue Metals Geoff Raby had a different take.<\/p>\n<p>&#8230;.While he clearly felt the recent sell-off of stocks on fears that China\u2019s economy was slowing was hugely overblown, he had more time for concerns about Chinese corporate disclosures. He said he didn\u2019t think corporate transparency was any worse now than before, but \u201cI don\u2019t know why people believed [the numbers] so much in the past.\u201d<\/p>\n<p>That the Shanghai Stock Exchange\u2019s benchmark index is trading at a fraction its 2007 peak is a sign that \u201cpeople are finally starting to work it out.\u201d<\/p>\n<p>via <a href=\"http:\/\/blogs.wsj.com\/chinarealtime\/2011\/10\/17\/of-blind-men-and-elephants-%e2%80%93-grasping-china%e2%80%99s-economy\/?mod=WSJBlog&amp;mod=chinablog\">Of Blind Men and Elephants \u2013 Grasping China\u2019s Economy &#8211; China Real Time Report &#8211; WSJ<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former Australian Ambassador to China and current board member of Australian miner Fortescue Metals Geoff Raby had a different take. &#8230;.While he clearly felt the recent sell-off of stocks on fears that China\u2019s economy was slowing was hugely overblown, he had more time for concerns about Chinese corporate disclosures. He said he didn\u2019t think corporate &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Of Blind Men and Elephants \u2013 Grasping China\u2019s Economy &#8211; China Real Time Report &#8211; WSJ&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[823,3100],"class_list":["post-1369","post","type-post","status-publish","format-standard","hentry","category-china-hk","tag-corporate-accounting","tag-shanghai-composite-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Of Blind Men and Elephants \u2013 Grasping China\u2019s Economy - China Real Time Report - WSJ - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Of Blind Men and Elephants \u2013 Grasping China\u2019s Economy - China Real Time Report - WSJ - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Former Australian Ambassador to China and current board member of Australian miner Fortescue Metals Geoff Raby had a different take. &#8230;.While he clearly felt the recent sell-off of stocks on fears that China\u2019s economy was slowing was hugely overblown, he had more time for concerns about Chinese corporate disclosures. He said he didn\u2019t think corporate &hellip; Continue reading &quot;Of Blind Men and Elephants \u2013 Grasping China\u2019s Economy &#8211; China Real Time Report &#8211; WSJ&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-10-17T16:44:25+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Of Blind Men and Elephants \u2013 Grasping China\u2019s Economy &#8211; China Real Time Report &#8211; WSJ\",\"datePublished\":\"2011-10-17T16:44:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj\/\"},\"wordCount\":139,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"corporate accounting\",\"Shanghai Composite Index\"],\"articleSection\":[\"China &amp; HK\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj\/\",\"name\":\"Of Blind Men and Elephants \u2013 Grasping China\u2019s Economy - China Real Time Report - WSJ - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2011-10-17T16:44:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Of Blind Men and Elephants \u2013 Grasping China\u2019s Economy &#8211; China Real Time Report &#8211; WSJ\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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In the U.S. market, Vietnam, Bangladesh, Indonesia\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5455,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/13\/wsj-chinas-solyndra-economy-business-insider\/","url_meta":{"origin":1369,"position":1},"title":"WSJ: China\u2019s Solyndra Economy &#8211; Business Insider","author":"Colin Twiggs","date":"September 13, 2012","format":false,"excerpt":"By PATRICK CHOVANEC On Aug. 3, the owner of Chengxing Solar Company leapt from the sixth floor of his office building in Jinhua, China. Li Fei killed himself after his company was unable to repay a $3 million bank loan it had guaranteed for another Chinese solar company that defaulted.\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4372,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/16\/fedex-ceo-on-chinas-effect-on-global-market-wsj-online\/","url_meta":{"origin":1369,"position":2},"title":"FedEx CEO on China&#039;s Effect on Global Market &#8211; WSJ Online","author":"Colin Twiggs","date":"May 16, 2012","format":false,"excerpt":"FedEx CEO Frederick W. Smith talks about how exports to China remain stagnant given China's recent protectionist policies and its focus on \"indigenous innovation.\" He speaks with WSJ's Alan Murray at Viewpoints West. 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China\u2019s expansion is being fueled by soaring corporate borrowing, a\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3576,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/23\/new-push-for-reform-in-china-wsj-com\/","url_meta":{"origin":1369,"position":4},"title":"New Push for Reform in China &#8211; WSJ.com","author":"ColinTwiggs","date":"February 23, 2012","format":false,"excerpt":"An exclusive preview of an economic report on China, prepared by the World Bank and government insiders considered to have the ear of the nation's leaders, offers a surprising prescription: China could face an economic crisis unless it implements deep reforms, including scaling back its vast state-owned enterprises and making\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6593,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/01\/28\/cosco-expects-large-2012-loss-wsj-com\/","url_meta":{"origin":1369,"position":5},"title":"Cosco Expects Large 2012 Loss &#124; WSJ.com","author":"Colin Twiggs","date":"January 28, 2013","format":false,"excerpt":"Colum Murphy at WSJ writes: SHANGHAI\u2014China Cosco Holdings Co., the country's largest shipping company by fleet size, said it expects to report a large net loss for 2012, marking the second year of losses in a row and an imminent downgrading of the status of its yuan-denominated A shares by\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=1369"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1369\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}