Mr Trump’s advisers have suggested the Fed’s ultra-stimulative policies are unfair by penalising savers and have led to unequal implications for different segments of society. During the campaign Mr Trump was ferociously critical of Janet Yellen, the Fed chair, for her low-rates policies, but she is not expected to resign before her term expires in 2018
Geraci told Sputnik radio that the victory of Donald Trump leaves Obama's “pivot to Asia” policy in question. It seems safe to describe the mass upswell of support for the unconventional Trump as a loud cry to change business as usual.
Geraci, controversially, had anticipated Trumps victory. Is this good news for China or bad news? Geraci reassures that in fact, Trump’s victory is marginally good news for China because US will need to collaborate with China for improving their domestic infrastructure.
Geraci on IlSole/Radiocor plays down China's interests for US election outcome:“No matter who wins, China will continue on its own path - a difficult one - towards innovation and high end manufacturing. Paradoxically, should Trump take the White House and really impose restrictions on Chinese imports, this would only accelerate China's transformation.”
Government stimulus measures, especially those aimed at supporting the real estate sector, helped stabilize China's economy in the third quarter. However, new risks are emerging in several areas that threaten the government's stated policy goals for 2016. Five key risks deserve attention.
South Asian nations are more likely to support America as long as it supports peace and free trade.China has announced a 20% increase in import from Asian countries, however, the outcome was not promising. With the transform from manufacturing to consumption country of China, Asian countries are unlikely to sell their raw materials easily like before. Additionally, with devaluing RMB and tightening capital policy, Chinese import is restricted. Therefore, they still prefer America as long as it sustains its policy and trade.
According to National Statistical Bureau, from Jan to Sep, the contribution of real estate to GDP is 8%. However,according to CICC research team, in third quarter, property related service accounted for 3.8% of real GDP growth, and 12.3% to norminal GDP. However, this figure is calculated only by construction GDP. It does not include the property related industries. While construction related raw material industry accounted for 5%, furniture and house decoration was 5%, and property finance is 2%.
Former World Bank Chinese Director Yuchuan Huang said he thought the final way of measuring the success of AIIB is not thought AIIB itself, but through other organizations' response. Whether current organizations have changed their policy and become more efficient in leanding and financing is a main measurement for AIIB.