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Re: jt6455 post# 14650

Saturday, 07/14/2012 9:13:57 PM

Saturday, July 14, 2012 9:13:57 PM

Post# of 36650
“It takes time for the effects of policy easing to be fully felt, but we continue to expect growth to bottom in Q2 and pick up in Q3. After the global financial crisis in 2008 led to a sharp slowdown in China’s economy, the government loosened policies aggressively in January 2009. […]

Whether the government’s policy response was too weak and too late to avoid an economic slowdown is a question that many investors have recently asked. We believe the government learned a lesson in 2009 and will this time take an incremental approach (i.e., instead of pulling out all the stops and loosening as much as possible, it will likely take gradual action that is contingent on feedback from the economy). But this gradual pace of loosening should not be interpreted as a lack of space to ease should growth slow further.


http://www.forbes.com/sites/afontevecchia/2012/07/09/despite-deflation-china-is-set-to-rebound-strongly-on-easing-and-stimulus/