(September 4, 2012, New York) The last time China's vast manufacturing sector had conditions like those in August it was March 2009 and the economy was about to rebound from the global financial crisis. This time around analysts are not so certain a clear recovery for the major global growth engine will come anytime soon. This issue will be discussed at China Leaders Forum 2012, "Will the Chinese Tiger Come Roaring Back After the Crisis?", October 2nd, New York City.
In fact, two purchasing managers' indexes showed new orders are falling, adding to other evidence that suggests a slide in economic growth for the world's second-biggest economy is deepening, pushing back expectations for when a rebound may occur. "It's quite clear we have a pretty rotten industrial cycle coming on. I don't see it getting a whole lot worse... but I don't expect them to get back for a long, long time," said Arthur Kroeber, managing director of GK Dragonomics in Beijing.
Still, the picture today is of an economy slipping into a deeper-than-expected slowdown, in part thanks to the consequences of the stimulus package, which fired up inflation and the real estate market. Central government curbs on real estate to calm prices and support a policy of affordable housing have combined with the impact of the European debt crisis on global demand to drag China's economic growth down.
As it will be discussed at China Leaders Forum 2012, "Will the Chinese Tiger Come Roaring Back After the Crisis?", New York, October 2nd (http://www.ChinaLeadersForum.com), while there are parallels now with the global financial crisis, there are also key differences that help explain why policymakers are less aggressive in trying to stimulate the economy. Most critical in China's case is employment.
China Leaders Forum 2012, "Will the Chinese Tiger Come Roaring Back After the Crisis?", October 2nd, New York City, will provide attendees with the responses to the above-mentioned questions and the most up-to-date review of where the Asian giant stands and the challenges and opportunities for businessmen looking to expand their business with China when others only see growth contraction. Topics that China Leaders Forum 2012 will discuss include:
· Internationalization of the Renminbi
· Post- crisis relationship between US and China
· The Euro Debt Crisis and How it will Affect the Chinese Economy
· China's Investments in Europe: To Save or Not to Save the Euro?
· What steps China will need to perform in order to maintain its growth and success?
Recognized experts, regulators, and strategists, will return to China Leaders Forum 2012 in its fourth edition to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.
China Leaders Forum 2012 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to email@example.com.