Car sales in China are booming,but gasoline consumption seems to be stuck in the slow lane. Chart 1 illustrates this apparent mystery(it shows sales of petroleum and oil products,since we do not have data on retail ga...Car sales in China are booming,but gasoline consumption seems to be stuck in the slow lane. Chart 1 illustrates this apparent mystery(it shows sales of petroleum and oil products,since we do not have data on retail gasoline sales).Sceptics point to this odd turn of events as evidence that cars are being bought en masse by state firms and government展开更多
Wages are up by 10%in nominal terms in Guangdong province,our survey suggests That is roughly 6-8%in real terms,which is not inflationary,in our view Rising wages add to the list of challenges already faced by PRD man...Wages are up by 10%in nominal terms in Guangdong province,our survey suggests That is roughly 6-8%in real terms,which is not inflationary,in our view Rising wages add to the list of challenges already faced by PRD manufacturers Factory workers are the winners,though,further supporting consumption growth Wages are on the rise again in Guangdong,a big exporting province,and across much of the rest of China.In recent months,there展开更多
The number of new project starts is still high,pointing to a huge investment boom in 2010 Cement and steel production numbers are a better gauge of real activity than FAI numbers, but also have issues Both have platea...The number of new project starts is still high,pointing to a huge investment boom in 2010 Cement and steel production numbers are a better gauge of real activity than FAI numbers, but also have issues Both have plateaued recently but are likely to rise more after the mid-February展开更多
文摘Car sales in China are booming,but gasoline consumption seems to be stuck in the slow lane. Chart 1 illustrates this apparent mystery(it shows sales of petroleum and oil products,since we do not have data on retail gasoline sales).Sceptics point to this odd turn of events as evidence that cars are being bought en masse by state firms and government
文摘Wages are up by 10%in nominal terms in Guangdong province,our survey suggests That is roughly 6-8%in real terms,which is not inflationary,in our view Rising wages add to the list of challenges already faced by PRD manufacturers Factory workers are the winners,though,further supporting consumption growth Wages are on the rise again in Guangdong,a big exporting province,and across much of the rest of China.In recent months,there
文摘The number of new project starts is still high,pointing to a huge investment boom in 2010 Cement and steel production numbers are a better gauge of real activity than FAI numbers, but also have issues Both have plateaued recently but are likely to rise more after the mid-February
