Every 10% cut in US emissions is completely negated by 6 months of China’s emissions growth. Admittedly, that seems to be calculated at previous growth rates for the Chinese economy, rather than at current or pending rates. That is from the interesting and provocative Energy for Future Presidents: The Science Behind the Headlines, by Richard [...]
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Morgan Stanley's Asia/Pacific economics team recently lowered their 2012 economic outlook for China. The team led by Helen Qiao is now forecasting 8.4% GDP growth in 2012, down from a previous estimate of 8.7%. This is also a decele... Read Post
When it comes to estimates of China's growth rate, we could go with the local politburo propaganda which even China itself has admitted is goalseeked worthless drivel fit "only for reference", or we could listen to a megacap CEO, wh... Read Post
In its effort to push the economy, the People's Bank of China just cut its lending rate by 31 basis points to 6 percent, and deposit rate by 25 basis points to 3 percent. This follows on increasing talks of a Chinese hard-landing st... Read Post