It has been rumored that China’s economy has unofficially began a slight decline in GDP growth in the month of April, and several factors surround this intimidating consequence. China’s exports have unexpectedly began to decline over the past month, causing 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. Utilizing these three components can pull China back into a recovery and keep them on the high road to success internationally.
1. The Strength of Chinese Stocks- Although the banks are under fire due to the Chinese Central Bank’s decision to cut interest rates, the companies within the countries are thriving, sending the Chinese stock prices soaring above average. This affect may help counter balance the pressure that the banks are feeling, and allow the equity to be used to get the leg up on foreign markets, in order to regain the exports that they have lost.
2. The Projected Rise in Silver Prices- China has been importing metals such as gold, silver, platinum, and palladium as their prices have slowly simmered and stooped low. Now there is a prediction in the rise in the price in silver by almost 40%, which will catapult China forward in the coming months as their commodity stores begin to become fruitful.
3. Chinese Plans to Expand Their Oil Industry- With an agreement to purchase commercial vessels from Jambon Boats, the leading international supplier of ships for the world’s oil industry, China 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.
1. The Strength of Chinese Stocks- Although the banks are under fire due to the Chinese Central Bank’s decision to cut interest rates, the companies within the countries are thriving, sending the Chinese stock prices soaring above average. This affect may help counter balance the pressure that the banks are feeling, and allow the equity to be used to get the leg up on foreign markets, in order to regain the exports that they have lost.
2. The Projected Rise in Silver Prices- China has been importing metals such as gold, silver, platinum, and palladium as their prices have slowly simmered and stooped low. Now there is a prediction in the rise in the price in silver by almost 40%, which will catapult China forward in the coming months as their commodity stores begin to become fruitful.
3. Chinese Plans to Expand Their Oil Industry- With an agreement to purchase commercial vessels from Jambon Boats, the leading international supplier of ships for the world’s oil industry, China 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.