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AB 2000 studies

Alain Boublil Blog



Chinese economy holds out

The publication of the first estimation of the 3rd quarter Chinese growth rate (6.5%) confirms that the financial markets worries as these of commentators were excessive. Of course, the published numbers are slightly inferior to expectations (6.6%) but this gap is trivial and the referred disappointment is absurd. Regarding the three first 2018 quarters, China has reached a 6.7% rhythm, above the government objectives and, anyway, an impressive one, if we take into account the size of the Chinese economy and if we compare it to other major economies. The Middle empire stays as one of the ...

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A busy week for China

It has started with the announcement by the Trump administration of the instauration of customs duties on 200 billion dollars of Chinese exports. The rate is modest (10%) but it could rise next year until 25%. On September 18th, the Summer Davos Forum opened in Tianjin. 2000 gests coming from more than 100 countries will attend the meetings. Beijing will develop its analysis regarding the Fourth industrial revolution and how shape innovative societies to adapt themselves to the progress of robotics and Artificial Intelligence. The Forum comes just after the Vladivostok Meetings where Russian and Chinese economies exposed their ...

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Towards a devaluation of the Yuan ?

The Chinese currency has just lost, in less than a month, almost 4% of its value against the dollar and the euro. In a context of high tension between the Unites States and their trade partners, atop of them is China, nothing more was needed to reach to the conclusion that in order to respond to the protectionist policy of the American president, a currency war will be added to the trade war which is threatening. The new governor of the Chinese central bank, Yi Gang, who has succeeded in March to Zhou Xiaochuan, who had chaired the institution for ...

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