Monthly Archives: January 2016

The Chinese Economic Slow Down

So, China is slowing down and the world stock markets seems unable to cope with the claimed 6.9% GDP growth – whether this growth is strictly accurate or not, the reality is that you will be hard pressed to find anywhere on the planet coming close to this rate.So what is going on and are we all doomed?There seems a common link between the Chinese economy and Apple’s profits – the larger they become, the greater the fear of them failing to keep the trend going. I find this somewhat surprising that there is such a market reaction to either events – its going to happen, and it seems short sighted to assume the world repeats year on year.The destiny of the Chinese economy is in the hands of people like never before, and the ability of the government to influence growth is restricted to minor devaluation and market reforms – many of which had moderate impact to the recent stock market falls. We forget very quickly that these are the same stock markets that doubled on 7% GDP growth, and the bubble was supported by heavy borrowing. Chinese manufacturers have had an incredible impact on the world and kept consumer and industrial prices low – and with their reduced need for commodities, we now have them to thank again for the commodity price collapse (should it ever be passed on).Having visited China for 20 years, it is impossible not to be impressed with the progress made and vast improvement in living standards – I can’t see this progress slowing any time soon. I suspect Chinese Maserati salesmen might struggle for a bonus in 2016, but I don’t think that should plunge the world into depression.

By |January 28th, 2016|News|0 Comments

Holiday Warning!

Whilst we are all busy trying to implement our great plans for 2016 – everything is about to go quiet in China…at least quiet after the last fireworks have welcomed in the Year of the Monkey!It is never easy to get 1.35 billion people to their Home Town at the same time, so expect disruptions to start from 1st February, with the new year officially starting on 8th February.We expect the majority of suppliers to return by 18th.We will update you on everything you need to know about Monkey’s next week.

By |January 21st, 2016|News|0 Comments