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Success in an Unfriendly Neighbourhood

Tel Aviv Israel

Tel Aviv Israel

Few people realize that Israel, despite all its political problems, is one of the world’s most successful economies. Since 2004 its GDP has grown about 5 per cent a year in real terms every year except 2009, when the global economy crashed. [Read more…]

China GDP Slows

China Economy slows

China Economy slows

China is slowing. Now the second-largest economy, the East Asian giant has to ease its pace to keep from stumbling in its quest for prosperity. The National Bureau for Statistics released numbers today showing annual GDP growth in Q1 2012 of 8.1%, a continuation of the two-year slowing trend that follows the post-crisis rebound. [Read more…]

Reliance On Construction Raises Risk

China Economy

China Economy

The National Bureau of Statistics of China released a 9.5% annual growth estimate for second quarter gross domestic product (GDP) today, meeting market expectations. This is only a mild slowdown from the 9.7% recorded in Q1, which indicates that further monetary tightening will be necessary to slow output growth to a level consistent with greater price stability. [Read more…]