Blue skies prevail in China; are stormy skies ahead?  

Oleh:

Moore, Stephen

Jenis: Article from Bulletin/Magazine - ilmiah internasional
Dalam koleksi: Modern Plastics Worldwide vol. 86 no. 7 (Jul. 2009), page 34.
Topik: Chinaplas 2009; Southern China; Export; Pollution

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Perpustakaan Pusat (Semanggi) Nomor Panggil: MM68.8 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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They say you can gauge the health of China’s export-driven economy by the level of atmospheric pollution in Southern China. Assuming that is true, then a recent low smog-level drive through the industrial city of Dongguan clearly indicated that China’s export machine is suffering as the global economy flounders. Factories have been shuttered and migrant workers have not returned from hometowns in the country after the January Lunar New Year. The big question on everyone’s lips at the recent Chinaplas show in Guangzhou, however, was whether the current domestic stimulus-driven recovery in China is sustainable or not. Some were of the view that China was in the throes of a “W”-shaped recovery. The government had indeed succeeded in kick-starting the domestic economy through its stimulus efforts, but once these effects have flooded through the system, a repeat package of similar proportions would be difficult, and China would thus then depend on a global recovery to bolster its export-led economy. Clariant Greater China’s Juergen Heise, head in Guangzhou for the additives and colorants supplier, is one forecasting two-pronged recovery, saying, “We expect the current run-up to come to a halt in a few months, before a real recovery around May 2010.”

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