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morning-run · the-breakfast-grille · 4 Apr 2011 · 18 mins listen
EIU China Forecasting Services Director Stephen Joske talks about his work at the EIU in ranking each prefecture in China terms of its economy, market opportunities, investment environment, infrastructure and labour market.
His work allows clients to judge the strengths and weakness of prefectures in comparison with others.
He also discusses wider China issues of property, the prospect of higher interest rates, and reports that banks are not curtailing lending since property is important to the national economy.
He also discusses rising income levels and whether domestic consumption and spending is on the rise.
He then discusses China's rising foreign exchange reserves and how he thinks will China invest this money.
He also discusses prospects of a so-called 'New World Order', with a new global currency and whether China can really cooperate with Brazil, India and Russia as speculated.
He then talks about the current bout of inflation in China and its implications.
(Each prefecture report includes the results of China City Rankings. He provides a quantitative assessment of 44 cities (including benchmarks against Beijing and Shanghai) to allow direct comparisons across cities on areas including the economy, market opportunities, labour, infrastructure and the environment.
Based on official data from the National Bureau of Statistics, the EIU's ranking provides an objective evaluation of these factors across China's cities.)
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