China's economy has unofficially begun to decline slightly in GDP growth in the month of April, and several factors surround this intimidating consequence. China is one of the largest countries in the world, and to see their economy decline, it causes some concern around the world. China's exports have unexpectedly begun to decline over the past few months which can cause a strain in the balance of the economic sectors. Along with the pressure of an interest rate cut on Chinese banks, a real problem appears for the future of China's growth. China could pull back into a recovery and keep them on the high road to success internationally if they do a few things.
The strength of the Chinese stocks could help them come back from a decline. The banks are under fire due to the Chinese Central Bank's decision to cut the interest rates, and the companies within the country are thriving, sending their Chinese stock prices soaring above average. This effect could counterbalance the pressure that the banks are now feeling, and allow the equity to be used to get the leg up in foreign markets in order to regain the exports that they have lost.
China has been importing metals such as gold, silver, platinum, and palladium as their prices have slowly simmered and stooped low. But with the rising prices of silver, they now have a chance to capitalize on that. With the prediction of the rise in the price of silver by almost 40%, this could help propel China forward in the coming months as their commodity stores begin to become fruitful.
China now plans on getting into the oil export business. With an agreement to purchase commercial vessels from Jambon Boats, an American company that is the leading international supplier of ships for the world's oil industry, China now has plans to increase their oil production. This will be a significant supplement in the aiding of their export ability, and with Jambon's four 83 meter vessels on its way, this supplement is sure to be massive.
The strength of the Chinese stocks could help them come back from a decline. The banks are under fire due to the Chinese Central Bank's decision to cut the interest rates, and the companies within the country are thriving, sending their Chinese stock prices soaring above average. This effect could counterbalance the pressure that the banks are now feeling, and allow the equity to be used to get the leg up in foreign markets in order to regain the exports that they have lost.
China has been importing metals such as gold, silver, platinum, and palladium as their prices have slowly simmered and stooped low. But with the rising prices of silver, they now have a chance to capitalize on that. With the prediction of the rise in the price of silver by almost 40%, this could help propel China forward in the coming months as their commodity stores begin to become fruitful.
China now plans on getting into the oil export business. With an agreement to purchase commercial vessels from Jambon Boats, an American company that is the leading international supplier of ships for the world's oil industry, China now has plans to increase their oil production. This will be a significant supplement in the aiding of their export ability, and with Jambon's four 83 meter vessels on its way, this supplement is sure to be massive.