China patchy economic recovery - "most firms in most regions are seeing a far more muted recovery"
CBB International is a New-York-based research group. The firm puts a private survey called the China Beige Book
- adapts methodology used by the US Federal Reserve's "Beige Book"
- its a quarterly report
- uses quantitative & qualitative data to track conditions within the Chinese economy
Reuters have a bit of a summary up on the most recent report from CBB:
- "For the corporate elite - large firms and those based in the Big 3 coastal regions - the economy is accelerating ... But the rest of China - most firms in most regions - are seeing a far more muted recovery," said Derek Scissors, chief economist at CBB, in comments issued with the survey.
Here is the link to Reuters for (a little) more.
Reprinted from Forexlive，the copyright all reserved by the original author.
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