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AB 2000 studies

Alain Boublil Blog

   

China

China : warning lights are turning greens

Invalidating once more pessimistic forecasts made by observers, especially in France, Chinese economy had a good start in 2017. Growth rate reached 6.9% during the first quarter, significantly above the annual 6.5% target assigned by the government. It is not the only good news. The reversal of the American administration position is not less important. During his electoral campaign and before taking his new responsibilities, Donald Trump never missed the opportunity to denounce China negative role. He had promised to introduce heavy taxes on its exports to the United States and to condemn currency manipulations on the Yuan ...

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Energy transition : The China model

Energy transitions issues have taken hold of the French presidential campaign. Some, like Jean-Luc Mélenchon or Benoît Hamon are reducing it to the stigmatization of nuclear energy, they propose to abandon through the closing of power units in safe technical condition. Others, like Emmanuel Macron or François Fillon, propose a diversification of the electricity mix but are hostile to shale gas exploration. All of them think energy saving investments are the panacea to reduce unemployment, but without defining convincing financial solutions, due to the diversity of the situations.

France is not an isolated case. The American presidential ...

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2017 : the China year ?

Nothing happened in 2016 as expected. The Chinese economy didn’t fall into a major crisis. Its currency, the yuan, as its financial markets, stabilized after the previous summer bumps. Growth, even if it has been lower than in the past years, was still strong, at around 6.5%. This figure would make envious most of the emerging countries, not to say a word about developed ones. National debts, and notably state-owned enterprises and local authorities ones, have been refinanced without affecting the banking sector. Trade surplus and the central bank huge reserves protect the country from any wariness coming ...

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