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Follow on Google News | China Taking Its Eye off the Ball on the Economy at Golden Networking's China Leaders Forum 2012Building off of the momentum of past conferences, Golden Networking brings back China Leaders Forum 2012, "Will the Chinese Tiger Come Roaring Back After the Crisis?", New York, October 2nd
By: Golden Networking The change in China’s political leadership is expected to take place next month and comes as the economy, which has enjoyed double-digit growth rates in recent years, has slowed faster than expected this year. The worry for financial markets, analysts say, is that rather than focusing on getting the economy back on track, officials have become sidetracked by political maneuvering ahead of the leadership change. And that’s not good news for China’s stock market, which has been languishing at 3-1/2 year lows. “We are worried about the slowdown in China because there seems to be no policy response at the moment and it seems very unlikely that we will see anything until the whole leadership transition has taken place,” said Aadil Ebrahim, Managing Director at fund manager Bowen Asia. “The leadership transition has caused a lot of uncertainty right now and caused some of them (Chinese policy makers) to take their eye off the ball,” he told CNBC Asia’s Squawk Box on Tuesday. 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), Chinese policy makers need to do something just to get back to where market expectations have been. Analysts also point out that China’s central bank, which has developed a reputation of acting quickly and decisively at signs of trouble in the economy, has been notably quiet in recent weeks as poor economic data mounted. 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’ • 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, 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 info@goldennetworking.net. End
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