Maec Analysis by Syaz wan https://padlet.com/syazone58/MAECanalysis en-us 2016-05-16 08:25:56 UTC 2016-07-11 15:21:54 UTC hello@padlet.com Preliminary Analysis for CHINA GDP (Article 1) https://padlet.com/syazone58/MAECanalysis/wish/110983743 GDP trend:
  • There has been a steady decline in GDP growth rates since peaking in 2009 after the Global Recession. This is shown as from data shown from the World Bank, China’s GDP growth rate was 10.63% in 2010, 9.48% in 2011, 7.75% in 2012, 7.68% in 2013 and 7.35% in 2014. In 2016, China’s GDP growth rate reached a low of 6.7% in the first quarter of 2016, capping the weakest quarter of growth since the 2009 global recession.
  • A rise in services which became more than half of the economy for the first time, cushioned the slowdown and underpinned employment.
  • The reasons for the decline in GDP growth rates are the slow down of industrial production, fixed-asset investment at the end of 2015, China's shift to growth to services and less on exports and manufacturing, focusing on supply-side reforms, grappling with communist leadership along with the transition to a consumer-led expansion and tackling of delicate tasks by officials and a maturing economy.
  • There is a slow of industrial production as construction and manufacturing industries are unable to keep up with the world's high demands.  Thus, this puts these sectors under tremendous strain and as a result, China is unable to produce as many goods as what is demanded and this therefore lead to lower economic growth.
  • Chinese economy growth rate is also decreasing because China’s economy is maturing and as a result, the economic growth rate is decreasing.
  • A slowdown in a country's economy would weaken the country's currency (Yuan) and therefore the weakening of currency will cause a trade deficit when the cost of imports is higher than the value of exports.

]]> 2016-05-16 08:37:55 UTC https://padlet.com/syazone58/MAECanalysis/wish/110983743 syazone58 https://padlet.com/syazone58/MAECanalysis/wish/110984895 2016-05-16 08:48:28 UTC https://padlet.com/syazone58/MAECanalysis/wish/110984895 China GDP (Article 1) syazone58 https://padlet.com/syazone58/MAECanalysis/wish/110985382 http://www.bloomberg.com/news/articles/2016-01-19/china-s-gdp-misses-estimates-as-stimulus-struggles-for-traction]]> 2016-05-16 08:52:25 UTC https://padlet.com/syazone58/MAECanalysis/wish/110985382 Points we will be further analyzing on in the final report https://padlet.com/syazone58/MAECanalysis/wish/110985896
  • China's structural shift in the Chinese economy to be more focused on the services sector than on the manufacturing sector.
  • How China's matured economy affect the GDP growth rate.
    • ]]>     2016-05-16 08:57:08 UTC https://padlet.com/syazone58/MAECanalysis/wish/110985896     China's Unemployment Rate and growth(Article 2) camylliawan https://padlet.com/syazone58/MAECanalysis/wish/110985904 http://m.todayonline.com/chinaindia/china/difficult-choice-between-unemployment-and-growth]]> 2016-05-16 08:57:11 UTC https://padlet.com/syazone58/MAECanalysis/wish/110985904 Preliminary Analysis for China's Unemployment Rate and growth (Article 2): camylliawan https://padlet.com/syazone58/MAECanalysis/wish/110985996 Unemployment rate trend:
    • Has been consistently at 4.1% over the past 6 years, although GDP has been decelerating.
    • Reported unemployment rate given by the National Bureau of Statistics (NBS) is believed to be unreliable
     
    Why it is happening:
    •  NBS lacks data because the unemployment rate that the NBS provides reflects how many members of the registered urban population have reported to the government to receive unemployment benefits. 
    • China’s piecemeal unemployment insurance and underdeveloped re-employment programmes weaken the incentive for people to seek assistance. As a result, the NBS unemployment figures are far from accurate.
    • China’s government has moved to remedy the unreliable unemployment rate, by carrying out urban unemployment surveys. But, despite having been collected a decade ago, those statistics have yet to be released. This shows that the government may be hiding some information.
    •  UHS data shows that the shift from a manufacturing-driven growth model to a services-led model that empowers private innovators led to continuous job creation in the services sector from 2005 to 2012. Shift refers to manufacturing-driven growth model to a services-led model that empowers private innovators
    • UHS data suggests the average time it takes an unemployed worker to find a new job in the services and non-state sectors is shorter than in the manufacturing and state sectors. If the manufacturing and state sectors do begin to lay off more employees, urban unemployment rates are bound to rise.
    • Based on UHS data, labour-force participation in China has increased slightly since 2008 and proportion of workers exiting the labour market has decreased. The employment rate has grown rapidly in recent years, although GDP growth has slowed



    ]]>     2016-05-16 08:58:07 UTC https://padlet.com/syazone58/MAECanalysis/wish/110985996     Points we will be further analyzing on in the final report: camylliawan https://padlet.com/syazone58/MAECanalysis/wish/110987783
  • Causes for unemployment
  • Why GDP growth has slowed down although employment rate has grown
  • Government policies and whether they will help improve unemployment rate

    • ]]>     2016-05-16 09:14:40 UTC https://padlet.com/syazone58/MAECanalysis/wish/110987783     MAEC Group: syazone58 https://padlet.com/syazone58/MAECanalysis/wish/110989149 2016-05-16 09:28:33 UTC https://padlet.com/syazone58/MAECanalysis/wish/110989149 Khaishin, Anthea syazone58 https://padlet.com/syazone58/MAECanalysis/wish/110989174 2016-05-16 09:28:49 UTC https://padlet.com/syazone58/MAECanalysis/wish/110989174 Syazwan, Valerie syazone58 https://padlet.com/syazone58/MAECanalysis/wish/110989207 2016-05-16 09:29:12 UTC https://padlet.com/syazone58/MAECanalysis/wish/110989207 Camyllia, Ian syazone58 https://padlet.com/syazone58/MAECanalysis/wish/110989257 2016-05-16 09:29:48 UTC https://padlet.com/syazone58/MAECanalysis/wish/110989257 China's Inflation Rate (Article 3) camylliawan https://padlet.com/syazone58/MAECanalysis/wish/110989369 http://www.bloomberg.com/news/articles/2016-03-10/china-inflation-picks-up-as-food-prices-jump-demand-recovershttp://www.bloomberg.com/news/articles/2016-03-10/china-inflation-picks-up-as-food-prices-jump-demand-recovers]]> 2016-05-16 09:31:12 UTC https://padlet.com/syazone58/MAECanalysis/wish/110989369 Preliminary Analysis for China's Inflation Rate (Article 3) camylliawan https://padlet.com/syazone58/MAECanalysis/wish/110989441 Trend:
    • China’s consumer price rose the most since mid-2014 in February
    The consumer-price index rose 2.3 percent in February from a year earlier, up from 1.8 percent in January, as food prices surged 7.3 percent.

    Why it is happening:
    • There is demand-pull inflation. This is due to the 1 week long Lunar New Year holidays in which millions of Chinese will celebrate. Through this celebration, many will feast on roast pork, roast duck, fish, seafood and vegetables. (Rapid increase in demand, so suppliers start to sell items at a higher price than usual)
    • In addition to the Lunar New Year holidays, there has been a cold wave in China. The cold wave refers to food supply decreasing because a cold wave could hinder crop growth as the weather condition will not be suitable for the crops to grow therefore the crops cannot be harvested, decreasing the supply for vegetables.
    • However, this inflation trend is said to be temporary by government officials and not something to be overly worried about


    ]]>     2016-05-16 09:32:12 UTC https://padlet.com/syazone58/MAECanalysis/wish/110989441     Points we will be further analyzing on in the final report: camylliawan https://padlet.com/syazone58/MAECanalysis/wish/110989591
  •  What demand-pull inflation is
  • Why cold waves can affect countries with frequently-changing climates (e.g. China) so badly
  • Why there is such things as "temporary inflation"
  • Pros/Cons of inflation in China
  • How inflation can be controlled
  • how countries deal with cold wave to reduce its effects
    • ]]>     2016-05-16 09:34:16 UTC https://padlet.com/syazone58/MAECanalysis/wish/110989591     syazone58 https://padlet.com/syazone58/MAECanalysis/wish/111172066 2016-05-17 06:47:39 UTC https://padlet.com/syazone58/MAECanalysis/wish/111172066 Thank you for your Padlet submission.  The articles are interesting and analysis indepth.  You may want to mention that China is facing a widening income gap, i.e. the rich are getting richer, poor, poorer.  There is also the problem of Youth Unemployment where fresh university graduates are find it difficult to get jobs in the city, namely Shanghai and Beijing.  This is a problem in many developed countries such as US, India and South Korea. syazone58 https://padlet.com/syazone58/MAECanalysis/wish/112475858 2016-05-25 08:50:15 UTC https://padlet.com/syazone58/MAECanalysis/wish/112475858