Should augur well for Q3 #GDPgrowth , tweets Economic Affairs Secretary #SubhashGarg

#PMI #CompositePMI #PMIdata #CompositePMIOutputIndex

Fitch Ratings lowers India’s FY19 growth forecast to 7.2%

#Fitch #FitchRating #GDPGrowth #IndianGDP #Economy #IndianEconomy #EconomyGrowth #GDPData #GDP

https://goo.gl/aV4ZuW

#Chidambaram #mocks #GDT #date #fudging #GDPgrowth #BJP #CSO #economy

Some of the US’s top economists are the most worried they’ve been in years about the country’s economy. According to WSJ’s monthly survey of economists, about 85% of those surveyed said the risks for the #USeconomy were tilting to the downside - the most since at least the start of 2015. The recent spate of trade fears has been blamed for both the sell-off in US stock markets and businesses’ slowing of capital expenditures.

Economists at JPMorgan, Bank of America Merrill Lynch, and Goldman Sachs agreed that US #GDPgrowth would slow in H2 of 2019, and they say the trade war could make such an economic slowdown even worse. While none of the Wall Street banks predicted a #recession, they also suggested the economic risks were firmly titled toward the downside.


#WorldEconomy #EconomicOutlook #EconomicPolicy #AmericanEconomy #EconomicGrowth #EconomicSlowdown #EconomicRisk #EconomicRecession #UnitedStates
#Trump’s #tradewar with #China is the biggest threat to the US economy in 2019, and it’s making economists the most worried they’ve been in years
https://www.businessinsider.com/trump-china-trade-war-tariffs-biggest-2019-us-economic-threat-2018-12/

The pace of India’s GDP growth slowed during the second quarter of 2018-19 to 7.1 per cent from 8.2 per cent in Q1, official data showed here on Friday.

#Business #Economy #India #GDP #Q2GDPGrowth #GDPGrowth #IndiaGDPGrowth

China dominates global GDP growth...level setting China's year over year economic growth
By:  Aaron Dillon (艾龙) | www.iLoveChina.us

There has been much discussion lately about China's 2015 GDP growth forecast.  What does not get a lot of discussion is China's economic size relative to its peers and its contribution to global economic growth.

Here are a few key metrics that I monitor...  all statistics are from the IMF (http://www.imf.org/external/data.htm) and are 2014 current prices, USD, billions.

RELATIVE SIZE OF ECONOMY
China is the second largest economy in the world with a 13% market share of global GDP.  That said, it is 117% larger than #3 Japan, 257% larger than #4 Germany and 264% larger than #5 France.  I'm not sure how we can call China an "emerging market" when its the 2nd largest economy in the world and it is multiples larger than all other "developed markets" (excluding USA) but we do.  What will we do when China is #1 but doesn't meet the index providers developed market requirements?  I prefer "a very large economy that is growing exceptionally fast".

2014 GDP market share by country
GDP % Mkt Sh    Country
23%                      United States
13%                      China
6%                        Japan
5%                        Germany
4%                        France
4%                        United Kingdom
3%                        Brazil
3%                        Russia
3%                        Italy
37%                     Other

CHINA'S GROWTH HAS TO SLOW DOWN
If China continued to grow its economy at the same rate as it has over the past 5 years it would be 87% larger than the United States by 2025.  We all know that is not going to happen.  Table A highlights China and USA GDP by year since 1980 (again IMF GDP current prices in USD) with the UNrealistic GDP forecast through 2025.  You can see that China has experienced exponential GDP growth over the past 15 years (1990 to 2014) while the USA has delivered more linear growth.

I'm surprised when investors focus on China's GDP growth slowing.  Table A is silly but so is the concept that China can continue 7.0%+ year over year GDP growth.  China's economic growth has to slow....its just logical.

CONTRIBUTION TO GLOBAL ECONOMIC GROWTH
The IMF forecasts that China will generate 31% of global GDP growth in 2014; #2 USA delivers 22%, #3 UK 11%, #4 Germany 6%, #5 India 6%.  China dominates.  In 2013, China delivered 54% of global GDP growth...in 2012, 85%...even more domination.  Whats truly amazing about the table below is the the top 5 countries contribute 77% of global economic growth in 2014!  Market share of global GDP growth is the single most interesting macro-economic metric, in my opinion.

2014 GDP growth market share by country
% GDP Grw     Country
31%                  China
22%                  United States
11%                  United Kingdom
6%                    Germany
6%                    India
77%                  Top 5 Total
23%                  Other
100%                Total

7.1%, 6.5%, 6.0%, etc...I'm expecting China's year over year GDP growth to continue to decrease going forward.  Its only responsible to control the deceleration.  Hats off to the Chinese government's leadership for having a long-term vision and execution plan.  My focus is which parts of the Chinese economy are growing the fastest and how to access those parts of the economy.  [I'd strongly advise to read China's 12th Five Year Plan for more.  Full text here = http://bit.ly/1Bej7XI and +KPMG​ summary here = http://bit.ly/1wR0slZ)

Of course if you'd like to speak with me...please call, email, WeChat:
Aaron Dillon (艾龙)
微信 agdillon
(e) [email protected]
(c) +1.347.642.2640

#gdp  
#gdpgrowth  
#China
#fiveyearplan  

#India is expected to clock a GDP growth of 7.1% in 2017-18 as the country gets sufficiently remonetised and the schemes in the Budget play a supportive role, according to HSBC. The uptick in the growth numbers would be largely driven by the remonetisation process which is expected by April end as this in turn would boost the consumption levels in the country.


#GlobalEconomy #Asia #AsianEconomies #IndianEconomy #EconomicOutlook #Economy #EconomicPolicy #EconomicGrowth #EmergingMarkets
India's #GDPgrowth likely at 7.1% in 2017-18: HSBC
http://economictimes.indiatimes.com/news/economy/indicators/indias-gdp-growth-likely-at-7-1-in-2017-18-hsbc/articleshow/56930955.cms

"Four percent! Hey, that’s almost like a healthy GDP growth rate. The feds were right. We were wrong. The US economy is booming! Wait a minute…" 

- By Bill Bonner: #useconomy   #gdpgrowth   #financialmarkets  

#currentaccountdeficit   #inflation   #gdpgrowth   #Turkisheconomoy  

#China's proportion of the world #GDPgrowth is 32%. That is, in 2015 the entire planet's output increased by $4.5 trillion, and $1.5 trillion of that was China alone - a trend repeated now for many years. Sure, the #US has a larger #GDP for now. But China's proportion of planet Earth's growth, like a car's ability to accelerate, is what wins the race. China is to economists as Ferrari is to automotive literati.

The unfortunate truth is that the U.S. and European economies have exactly the same top speed and acceleration as the Queen of England - and leaving Shanghai as a business person will feel like returning to driving a crummy Citroen.

#GlobalEconomy #WorldTrade #GlobalTrade #ChineseEconomy #EconomicRecovery #EconomicOutlook #EconomicPolicy #Economy
CHINA’S ECONOMY IS SET TO OVERTAKE THE WEST
http://europe.newsweek.com/china-economy-set-overtake-west-529382