Why China Will Not Bow to Pressure to Boost Economy at Golden Networking's China Leaders Forum 2012

Sept. 6, 2012 - PRLog -- (September 5, 2012, New York) The latest batch of weak economic data from China is piling pressure on Beijing to act fast to shore up an economy that is slowing faster than expected, but experts say there are plenty of reasons why any stimulus might not come soon. Why? This issue will be discussed at China Leaders Forum 2012, "Will the Chinese Tiger Come Roaring Back After the Crisis?", October 2nd, New York City.

For one thing, China’s economy, while slowing, is still growing at a reasonable rate between seven and eight percent annually and that means China does not need to rush to provide the economy with a large monetary or fiscal boost that some are hoping for, analysts tell CNBC.

There is also that not-so-small matter of a transition to a new political leadership before the end of the year, which means Chinese policymakers are keen to tread carefully with regards to economic policy.“China is still growing around 7-8 percent, so the last thing it needs is a very big stimulus package, especially on the fiscal stimulus side,” Eddie Tan, Chief Investment Officer at Central Asset Investments told CNBC Asia’s “Cash Flow” on Monday. “On the monetary side, there is more room to ease and maybe because of politics it has been delayed a bit.”

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),  Despite a slew of weak economic numbers, China’s policymakers are also mindful of not repeating the mistakes of four years ago. In 2008-2009, the government announced spending worth $586 billion or 14 percent of its GDP, to bolster China’s economy in the face of a global financial crisis, but that spending has subsequently been blamed for problems such as inflation and over capacity.

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’s Investments in Europe: To Save or Not to Save the Euro?
·         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 (http://chinaleadersforum.eventbrite.com/), 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.