Pesek on Asia: China’s Balancing Act – Bloomberg 12-16-13

Salient to Investors:

William Pesek writes:

  • I agree with Tom Holland at The South China Morning Post that China cannot both maintain 7 percent-plus growth rates and implement huge reforms.
  • Thailand has seen 18 coups in the past 60 years.
  • The whole reason for being bullish on Japan Inc. so far has been a weaker exchange rate, a stronger yen as the Fed starts to taper is a big worry, along with large Japanese businesses paring their projections for capital spending this fiscal year, signaling economic headwinds as a sales-tax hike looms in April.

Read the full article at http://www.bloomberg.com/news/2013-12-16/pesek-on-asia-china-s-balancing-act.html

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