Too early to cheer – Arthur Kroeber

While China’s financial leaders might see light at the end of the tunnel of the country’s crisis, financial analyst Arthur Kroeber warns in The Guardian it might be too early to cheer.

“We know that a lot of money has been pumped into the economy and we know there’s been a slowdown in some of the signs of deterioration. A couple of indicators that were extremely negative have become slightly less negative. That’s not a recovery, but a slowdown of the rate at which things are getting worse.”
My personal opinion is that we will start to get evidence of a little bit of fiscal bounce in the next couple of months, but we don’t have it now.”

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Arthur Kroeber is a leading voice on China’s economy and a speaker at the China Speakers Bureau. When you need him at your conference. do let us know.