Australian Investment Blog

Interest Rates & China are in the news but NZ is interesting!

Markets are currently fixated on whether the US will raise interest rates this week and the disappointing strength of the Chinese economy.

China is the world's second largest economy but the $10 trillion powerhouse is spluttering with growth remaining below the government's 7% target which suggests more stimulus to come. What is also clear is that western analysts and economists struggle with understanding China, in turn creating market insecurities and scaremongering. Interestingly, the Google search for the Shanghai Composite from this May to August was 10 times that of the whole of January 2011 to May 2015!!!