{"id":4608,"date":"2012-06-13T23:09:14","date_gmt":"2012-06-14T03:09:14","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=4608"},"modified":"2012-06-13T23:09:14","modified_gmt":"2012-06-14T03:09:14","slug":"has-the-chinese-government-given-up-on-rebalancing-already","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/13\/has-the-chinese-government-given-up-on-rebalancing-already\/","title":{"rendered":"Has the Chinese government given up on rebalancing already?"},"content":{"rendered":"<p><strong>Zarathustra<\/strong>: As more and more evidence suggests that the Chinese economy is slowing rapidly, there is also more and more evidence that the Chinese central government has given up on real estate market curbs even though they say they will continue, and they have given up cleaning local government debts even though they said they were cleaning them up. And by giving these up, they have also unofficially given up on rebalancing the economy away from investment driven to consumption driven once more.<\/p>\n<p>via <a href=\"http:\/\/www.alsosprachanalyst.com\/economy\/has-the-chinese-government-given-up-on-rebalancing-already.html\">Has the Chinese government given up on rebalancing already?<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zarathustra: As more and more evidence suggests that the Chinese economy is slowing rapidly, there is also more and more evidence that the Chinese central government has given up on real estate market curbs even though they say they will continue, and they have given up cleaning local government debts even though they said they &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/13\/has-the-chinese-government-given-up-on-rebalancing-already\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Has the Chinese government given up on rebalancing already?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[381,663,800,1882,2867,2877],"class_list":["post-4608","post","type-post","status-publish","format-standard","hentry","category-china-hk","tag-banks","tag-china","tag-consumption","tag-investment","tag-real-estate","tag-rebalancing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Has the Chinese government given up on rebalancing already? 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He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients. Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter. Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit. 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He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients. Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter. Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit. 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Yesterday, the falling terms of trade prompted a couple of readers to ask for a description of the process of a China bust for Australia (if it were to happen). As well, there was a grossly limited effort to do so\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Pop","src":"https:\/\/i0.wp.com\/www.macrobusiness.com.au\/wp-content\/uploads\/2012\/07\/pop-300x300.gif?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12826,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/01\/25\/chinas-commodity-demand-has-barely-begun-its-fall-macrobusiness\/","url_meta":{"origin":4608,"position":1},"title":"China&#8217;s commodity demand has barely begun its fall &#8211; MacroBusiness","author":"ColinTwiggs","date":"January 25, 2016","format":false,"excerpt":"These four charts, posted from Investing in Chinese Stocks by David Llewellyn-Smith, illustrate China's failure to rebalance their economy and the challenge that economies reliant on Chinese real estate and infrastructure investment, like Australia, face. ....China now accounts for fully a third of global industrial production (up from only 5%\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13475,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/06\/22\/rebalancing-wealth-transfers-and-the-growth-of-chinese-debt-michael-pettis\/","url_meta":{"origin":4608,"position":2},"title":"Rebalancing, wealth transfers, and the growth of Chinese debt | Michael Pettis","author":"ColinTwiggs","date":"June 22, 2016","format":false,"excerpt":"Michael Pettis summarizes China's debt dilemna: This, I think, is really the key point. There is no way Beijing can address the debt without a sharp drop in GDP growth, but as unwilling as Beijing may be to see much lower growth, it doesn\u2019t have any other option. It must\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":13331,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/16\/goldman-cuts-2017-oil-price-forecast-due-to-slower-market-rebalancing-zero-hedge\/","url_meta":{"origin":4608,"position":3},"title":"Goldman Cuts 2017 Oil Price Forecast Due To Slower Market Rebalancing | Zero Hedge","author":"ColinTwiggs","date":"May 16, 2016","format":false,"excerpt":"Goldman Sachs has cut its long-term crude oil forecasts: The inflection phase of the oil market continues to deliver its share of surprises, with low prices driving disruptions in Nigeria, higher output in Iran and better demand. With each of these shifts significant in magnitude, the oil market has gone\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":27410,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/08\/16\/michael-pettis-china-faces-an-impossible-challenge\/","url_meta":{"origin":4608,"position":4},"title":"Michael Pettis: China faces an impossible challenge","author":"Colin Twiggs","date":"August 16, 2021","format":false,"excerpt":"When it comes to the challenges facing the Chinese economy, Michael Pettis' insights are in a class of their own: \"The Chinese growth model has relied very heavily on investment which in turn has relied very heavily on debt. As China began to over-invest in nonproductive projects, as it has\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":9981,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/06\/08\/chinas-investment-driven-growth-miracle\/","url_meta":{"origin":4608,"position":5},"title":"China&#8217;s Investment-Driven Growth \u201cMiracle\u201d","author":"ColinTwiggs","date":"June 8, 2014","format":false,"excerpt":"Worth Wray quotes Michael Pettis from his 2013 book, Avoiding the Fall: China\u2019s Economic Restructuring, about the future path of China's debt-laden economy: Every country that has followed a consumption-repressing, investment-driven growth model like China\u2019s has ended with an unsustainable debt burden caused by wasted debt-financed investment. This has always\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\/4608","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=4608"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4608\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=4608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=4608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=4608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}