A balanced view of China’s economy

Recently, we were drawn to a piece by Gordon G. Chang from the Gatestone Institute.  In the article, Mr Chang expresses a different perspective than the recent optimism being communicated by various media outlets about the post-COVID recovery of China’s economy.

From our perspective, the significance of the case presented in the article relates to the impact of China’s economy on the Australian economy broadly, and more specifically, that of Western Australia. China is Australia’s and WA’s largest trading partner, so the health of the Chinese economy has a direct and major impact on what happens day-to-day here.

We are reminded by the article that relying forecasting when making decisions about investing has proven perilous.  It is easy to make a case for optimism, but we think a balanced view is the more sensible and healthy approach.

We hope you enjoy the article and encourage you to read some of the other works on the Gatestone Institute website. Read the article here.

We would like to thank our wonderful client Charles (Charlie) Lammers for his ongoing contribution in bringing articles and other information to our attention.  Over many years, he has put in countless hours to distil information and opinions published from a wide range of sources, to help us convey valuable messages within the Gilkison community.