Wednesday, February 19, 2014

China's economic growth is considerable

Chief economist at Renaissance Capital, an investment bank, Charles Robertson (Charles Robertson) said that people misunderstand the economic slowdown and affected by the real GDP,SMLS Pipe A-106 Gr.B As per ASME B36.10M the game is not over yet, even if China's growth is slowing, but China's economic growth is considerable.

Due to recent investors fleeing emerging markets on a global scale (it has also been the federal reserve cut its bond buying scale),schedule 40 galvanized steel pipe Indonesia, South Africa and some countries provide China with a good supply of affected.In the past year, the Indonesian rupiah and the South African rand against the dollar dropped by a quarter.Investors are worried that China's growth is likely to make Indonesia coal, nickel, chrome, manganese and rubber, and South Africa and platinum demand.

China's economy really cool.The Chinese government said, China's economy grew by 7.7% last year, with the 2012 growth is flat,ansi b16.9 a234 wpb sch 20 equal tee down from 9.3% in 2011.Some analysts expect China's growth will slow to 7.1% in 2014-7.4%, believe the government will climb by tightening interest rates to curb credit.