China Growth Seen at 13-Year Low by Pimco


15/05/2012 07:25 AST

China’s slowdown may deepen as policy makers unwind the excesses of a record credit boom while only gradually increasing stimulus, leaving 2012 growth at the weakest in 13 years, Pacific Investment Management Co. says.

“The economy is unlikely to bottom until the third quarter,” Ramin Toloui, Pimco’s global co-head of emerging markets portfolio management in Singapore, said in e-mailed comments May 13. “Policy makers will progressively turn the dial toward more stimulus, but not in the aggressive manner of 2009,” restrained by the goal of tempering the credit-fueled property market, he said.

For more on this Click Here

Bloomberg
Global News
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | News Archive
Most Viewed Companies
Ticker Price Volume
QNBK 133.5 479,319
YAMAMAHSTEEL 40.4 8,857,095
SABIC 82 4,472,173
MAADEN 38.3 1,692,385
EEC 27.3 259,846
BRES 30.3 576,799
TAWUNIYA 85.25 28,380
Recent News

Bank ABC wins global award for rebranding
Bahrain-based Bank ABC has won an award at the International Transform Awards Mena 2016 held in Dubai.

The bank which carried out a comprehensive rebranding exercise in 2015 won the Silver

Bahrain asset management sector posts strong growth
Total assets under management by investment firms in Bahrain have seen an increase of more than 13 per cent reaching $19.8 billion at of the end of first quarter from $17.5bn for the same period last

Central Bank of Oman highlights importance of restructuring bank loans
Central Bank of Oman (CBO) has taken a series of precautionary measures for restructuring bank loans, said Ali bin Hamdan Al Raisi, executive vice president of the bank, at a banking workshop.

Sukuk market to witness better activity in Oman
Several Omani private firms are keen to raise funds by way of sukuk or Islamic bond issues, after Mohammed Al Barwani Holding LLC receiving approval from the market watchdog Capital Market Authority

IMF’s tip to go gradual sways economists divining Bank of Russia
Even after almost a year of unchanged rates, caution is still a virtue for economists gauging the Russian central bank’s next move.

All but two of the 25 economists surveyed by Bloomberg agr

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?