##{"id":51742,"date":"2006-06-08T15:37:45","date_gmt":"2006-06-08T05:37:45","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2006\/06\/08\/no-sign-of-a-chinese-slowdown\/"},"modified":"2006-06-08T15:37:45","modified_gmt":"2006-06-08T05:37:45","slug":"no-sign-of-a-chinese-slowdown","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2006\/06\/08\/no-sign-of-a-chinese-slowdown\/","title":{"rendered":"No Sign Of A Chinese Slowdown"},"content":{"rendered":"<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p \/><font face=\"Calibri\"><\/p>\n<p>By Terry Hughes<\/p>\n<p><\/font><\/p>\n<p><font face=\"Calibri\">HSBC equity strategists have been visiting companies in China and they have come to the conclusion that there is no sign of an economic slowdown.<\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">Garry Evans and Steven Sun visited a diverse range of companies, 18 in total and while they see no apparent slowdown, they feel some sectors are showing signs of maturing. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">This has led some companies to focus more on &quot;second tier cities or make acquisitions to maintain momentum.&quot;<\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">According to the strategists, consumer-related companies are reporting revenue growth at least as solid as last year, even in sectors where the government is trying to curtail growth.<\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">Consumption related areas are also seeing high growth, with advertising spend reportedly 15% up on last year. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">So what can the People&#8217;s Bank of China do about this?<\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">The strategists suggest a shift in its FX policy would probably do the trick, but with a large scale nationwide political reshuffle due next year, they see this as unlikely over the short term as local governments push to show off their economic achievements.\u00a0<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A shift in China&#8217;s FX policies would probably help ease growth, but HSBC strategists see this as unlikely ahead of next year&#8217;s political reshuffle.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51742"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=51742"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51742\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=51742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=51742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=51742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}