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  • David White 
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  David White 

  

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  David White is a software/firmware/marketing professional and a long time investor. He has worked in the networking field, the semiconductor equipment field, the mainframe computer field, and the pharmaceutical/scientific instrumentation field. He has bachelor's degrees in bioresource sciences... More

  
  While there is no saying for sure, China may hold back the stimulus in this area next year. The government will not want to get this industry overheated. They will want it to be strong for some time to come. Then it can prop up other industries that will lag as exports lag in a long term slowdown worldwide. Second the government will not want to help add to the oil/gasoline problem it already has too quickly. The Chinese import a lot of their oil. They have many development projects in the China Sea, etc. However, these will take time in development. The Chinese will not want ot go from a huge trade surplus to a trade deficit economy too quickly (or at least in that direction too quickly). Hence I tend to think the government will say 10% growth in the auto industry without stimulus next year suits them just fine.

  2009 Nov 22 01:47 PM Reply