LA CINA TAGLIERA' LA CAPACITA' PRODUTTIVA IN ECCESSO!!!
e i mercati non festeggiano
LA CRESCITA ECONOMICA OBAMIANA APPARE NON SOSTENIBILE!!!
BANGKOK (AP) -- Asian stock markets fell Thursday after China said it will curb overcapacity and excessive investment in industries such as steel and cement, adding to worries about whether a global economic recovery is sustainable.
Meager gains overnight on Wall Street also contributed to the increasingly cautious mood among investors after the strong rally in global markets since March. While economic indicators are turning positive, investors wonder if further gains in stock prices are warranted.
Wednesday's announcement that Beijing plans to cut capacity in steel and other sectors comes after economists had warned that China's 4 trillion yuan ($586 billion) stimulus package was creating a glut in a range of industries. In the long run, that may be positive for the Chinese economy, but in the short-term could mean less profit.
"They pumped trillions (of yuan) into the economy and the local economies leaders used the money to build steel mills that have no market," said Francis Lun, general manager of Fulbright Securities Ltd. in Hong Kong. "This is bad for the stock market."
LA CRESCITA ECONOMICA OBAMIANA APPARE NON SOSTENIBILE!!!
BANGKOK (AP) -- Asian stock markets fell Thursday after China said it will curb overcapacity and excessive investment in industries such as steel and cement, adding to worries about whether a global economic recovery is sustainable.
Meager gains overnight on Wall Street also contributed to the increasingly cautious mood among investors after the strong rally in global markets since March. While economic indicators are turning positive, investors wonder if further gains in stock prices are warranted.
Wednesday's announcement that Beijing plans to cut capacity in steel and other sectors comes after economists had warned that China's 4 trillion yuan ($586 billion) stimulus package was creating a glut in a range of industries. In the long run, that may be positive for the Chinese economy, but in the short-term could mean less profit.
"They pumped trillions (of yuan) into the economy and the local economies leaders used the money to build steel mills that have no market," said Francis Lun, general manager of Fulbright Securities Ltd. in Hong Kong. "This is bad for the stock market."
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1 commento:
ciao Paolo, come sta la "mascella della morte"? si chiude o continua ad aprirsi? grazie ciao.
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