China could hit 9% growth, but for how long?

David Carbon

David Carbon, chief economist at DBS in Singapore, has a simple message China is back. He argues that we could see Chinese GDP growth hit 9% this calendar year. The reason Government investment, he told the Asia-Pacific Corporate Funding Forum arranged by FinanceAsia and The Corporate Treasurer last week.

He says Western malaise is now irrelevant, noting that for the past four years, as America, Europe and Japan drifted, Asia as a region toted up compound average rates of growth in excess of 7% per annum.

Most of that is down to China’s investment programme....