{"id":21747,"date":"2012-11-05T14:10:03","date_gmt":"2012-11-05T19:10:03","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=21747"},"modified":"2012-11-05T14:10:03","modified_gmt":"2012-11-05T19:10:03","slug":"china-soft-landing-is-the-latest-descriptor","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2012\/11\/05\/china-soft-landing-is-the-latest-descriptor\/","title":{"rendered":"China &#8211; Soft Landing is The Latest Descriptor"},"content":{"rendered":"<p>Remember, there is a change of powers that is occurring shortly in China. So, the need to have the economy looking its best is of utmost importance. Even with the recent downturn for global manufacturing, China has been slowing showing better <!--more-->results.<\/p>\n<p style=\"text-align: center;\"> \u00a0<a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/andrewhorowitz\" data-show-count=\"false\">Follow @andrewhorowitz<\/a><script type=\"text\/javascript\" src=\"\/\/platform.twitter.com\/widgets.js\"><\/script><\/p>\n<p><em>(Click on each chart to enlarge)<\/em>\n<p>From Bloomberg:<\/p>\n<blockquote><p>China\u2018s non-manufacturing industries rebounded from the slowest expansion in at least 19 months, adding to signs the world\u2018s second-biggest economy is recovering after a seven-quarter slowdown. The purchasing managers\u2018 index rose to 55.5 in October from 53.7 the previous month, the National Bureau of Statistics and China Federation of Logistics and Purchasing said in Beijing yesterday. September\u2018s reading was the weakest since a new seasonally adjusted series of the gauge began in March 2011.<\/p>\n<p>The report may bolster expectations for a recovery in economic growth this quarter after a similar measure for manufacturing expanded for the first time in three months. The data may also reduce pressure on policy makers to roll out more stimulus as they start a once-a-decade power transfer at a Congress in Beijing on Nov. 8.<\/p>\n<p>\u201cThe impact of action to boost domestic demand has become more apparent and has bolstered market confidence,\u201d\u009d Cai Jin, a vice chairman at the federation, said in yesterday\u2018s statement. The expansion in non-manufacturing industries in October \u201cwill help consolidate the foundation for steady growth,\u201d\u009d he said.<\/p>\n<p>China\u2018s economic growth cooled to a three-year low of 7.4 percent in the third quarter as Premier Wen Jiabao\u2018s campaign to curb consumer and property prices damped domestic demand and a sluggish global recovery capped the nation\u2018s exports.<\/p><\/blockquote>\n<p><a href=\"https:\/\/twitter.com\/andrewhorowitz\" class=\"twitter-follow-button\" data-show-count=\"false\">Follow @andrewhorowitz<\/a> <script src=\"\/\/platform.twitter.com\/widgets.js\" type=\"text\/javascript\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Remember, there is a change of powers that is occurring shortly in China. So, the need to have the economy looking its best is of utmost importance. Even with the recent downturn for global manufacturing, China has been slowing showing better<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,12],"tags":[481],"class_list":["post-21747","post","type-post","status-publish","format-standard","hentry","category-economy","category-markets","tag-economy","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/21747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=21747"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/21747\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=21747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=21747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=21747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}