Understanding China's Economic Indicators: Translating the Data into Investment Opportunities
The Investor’s Guide to China’s Economic Statistics: How to Discover, Interpret, and Profit from Them Which numbers can you trust…and what do they really mean? Detailed coverage of 35 key indicators—and their impact on equity, commodity, and currency markets This expert guide to China’s economic statistics gives you the up-to-the-minute knowledge you need to invest more profitably in China. The only book of its kind, it fills a pent-up demand for tradable information on China’s growth, inflation, investment, consumption, labor market, and financial data. Tom Orlik identifies the indicators that matter most—ranging from gross domestic product to real estate construction, imports and exports to household spending and inflation. He explains everything investors need to know about their reliability—and drills down to reveal their specific implications for the markets. Unprecedented in its clarity, depth, and insight,Understanding China’s Economic Indicatorsis an essential resource for every professional and individual investor seeking profits in the world’s fastest-growing, fastest-changing economy. China moves the markets. Making the right investment decisions means understanding China’s economy–and that means understanding China’s economic indicators. In this book, leading economist and market analyst Tom Orlik introduces 35 of China’s most significant economic data series, explaining why each one matters, how it is collected and computed, and how it impacts equity, commodity, and currency markets. Orlik helps investors make sense of data on everything from Chinese GDP growth to inflation, unemployment, bond yields, electricity production, and aircraft passenger numbers. Every indicator is clearly described, along with a practical discussion of its investment implications. This information is indispensable for anyone considering investments in China, or in the global markets that are moved by China’s data. Neverbefore has it been organized so effectively–or presented with such clarity and insight. Finding the wheat and filtering out the chaffIdentifying the statistics that are worth your time and trust Overheated growth or sustainable developmentMeasuring China’s output and its impact on the markets Income, savings, and household consumptionAre China’s low-wage consumers daring to spend? From T-shirts to iPads: exports, imports, and trade surplusesShifting trade balances and their impact on exchange rates Trends in lending, money supply, and growthRecognizing turning points in economic growth and equity markets