Adapted from methodology used by the U.S. Federal Reserve’s “Beige Book,” The China Beige Book
In addition to providing clients with real-time growth, employment, wage, and inflation data that is often months (if not quarters) ahead of lagging official data, the China Beige Book
Their approach triangulates three methods, repeated every quarter:
1. a quantitative survey of over 2,000 leading firms from key sectors across the country;
2. qualitative one-on-one in-depth discussions with C-Suite executives in the same industries across every region;
3. a separate, targeted banker survey of loan officers and branch managers, designed to home in on the complexities of both the official and shadow economies.
With the data from this approach, they are able to compare regions and industries within a quarter, as well as track changes over time, both in near and real time.
Using this approach, China Beige Book
There has been a slowdown in most of China except the West and Southwest but it is not a collapse.
Leland Miller, president at China Beige Book International, and Bill Janeway, senior advisor at Warburg Pincus, examine the strength of China’s economy as growth slows to 7.4 percent and the factors that may impede future growth on Bloomberg Television’s “Bloomberg Surveillance.”
[Feb, 2014] CCTV’s Shraysi Tandon asks Leland Miller, CEO of China Beige Book International, for his taken on the prospects of Chinese markets in the Lunar New Year.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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