Official: China can meet 7.5 percent ...

Official: China can meet 7.5 percent growth target

There are 5 comments on the The State story from Nov 10, 2012, titled Official: China can meet 7.5 percent growth target. In it, The State reports that:

China's sharp economic downturn has ended after trade and consumer spending improved in October but the world's second-largest economy is not ready for a recovery and exporters face tough conditions, officials said Saturday.

Join the discussion below, or Read more at The State.

RayH

Shenzhen, China

#1 Nov 10, 2012
Probably 7.7 to 7.8 % growth this year.
AZN

Toronto, Canada

#2 Nov 10, 2012
RayH wrote:
Probably 7.7 to 7.8 % growth this year.
China is already seeing a trade surplus.

But nevertheless, despite the optimism, rough weather lies ahead. Due to the precarious condition of the global economy.
Fatboy

Bromma, Sweden

#3 Nov 10, 2012
AZN wrote:
<quoted text>China is already seeing a trade surplus.
But nevertheless, despite the optimism, rough weather lies ahead. Due to the precarious condition of the global economy.
If you also take into consideration that 60% of Chinas 960.000 millionaires wants/plans to emigrate to the west....well just imagine the cash flow out of the country.
AZN

Toronto, Canada

#4 Nov 10, 2012
Fatboy wrote:
<quoted text>
If you also take into consideration that 60% of Chinas 960.000 millionaires wants/plans to emigrate to the west....well just imagine the cash flow out of the country.
What do they plan to do in the west?

They made their cash in China. It's not going to be easy doing the same in the west.

Specially in the current economic climate and ofcourse the high taxes in the west.
jjjffff

Beijing, China

#5 Nov 13, 2012
Nothing is perfect or easy.

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