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AB 2000 studies

Alain Boublil Blog

   

China

The China new challenges

The place China has taken in the world economy has become so important that its difficulties have repercussions at the planet scale. That economic success took a long time to come. The President Mao has given back to the country its unit and its sovereignty after more than a century of Western and Japanese aggressions and people will be grateful to him forever for that. But his economic results, with the Great Leap Forward and the Cultural Revolution were disastrous. That did not impeach Alain Peyrefitte in 1973 in the conclusion of his book” When China wakes up” to praise ...

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China and the global crisis

The economic and financial consequences of the Covid-19 pandemic and of the Ukraine invasion by Russia, which are adding to themselves and during more than forecasted in the Western countries are so heavy that it is not anymore excessive to talk about a global crisis. China has not been saved due to its very strict policy and to the breakout of supply chains built during the last decades and which were at the origin of the globalization. At the eve of the 20th Congress of the Communist Party which will decide, in all probability, to give a third five-years mandate ...

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China : Pessimism is back

The publication of China GDP 1st quarter figures, +4.8%, year-on-year, has been received with skepticism, when they were higher than the 4% increase, still year-on-year, on the previous quarter and even above the expectations which were based on a 4.4% growth. The war in Ukraine had just started and had not yet significantly affected the supply chains and the restart of the covid-19 pandemic was hardy beginning to produce its effects with the confinement decided in the Shenzhen area.

Enterprises investments has grown by 9.3% on annual rhythm and industry and power and heat productions increased respectively ...

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