China patchy economic recovery – “most firms in most regions are seeing a far more muted recovery”
Read full post at forexlive.com
CBB International is a New-York-based research group. The firm puts a private survey called the China Beige Book
- adapts methodology used by the US Federal Reserve’s “Beige Book”
- its a quarterly report
- uses quantitative & qualitative data to track conditions within the Chinese economy
Reuters have a bit of a summary up on the most recent report from CBB:
- “For the corporate elite – large firms and those based in the Big 3 coastal regions – the economy is accelerating … But the rest of China – most firms in most regions – are seeing a far more muted recovery,” said Derek Scissors, chief economist at CBB, in comments issued with the survey.