This fantastic chart from Goldman Sachs, shared by Simon Rabinovitch, journalist of "The Economist" shows, while China's official deficit is around 5 percent, it could actually be as close to 15 percent.
If this unofficial stimulus not managed well, it could eventually lead to inflating the issues for which it is launched such as the slowdown or the over capacity or the domestic debt overhang.
Read more on China and its crisis in our special series, here, http://www.econotimes.com/topics/china-renminbi-series and here, http://www.econotimes.com/topics/china-crisis-series
["Augmented"- the 'Pokemon Go' fever has caught up with Goldman too! well, us too!!]


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
China Exports Beat July Forecasts as AI Demand Fuels High-Tech Trade
US Dollar Gains as Iran Tensions, Fed Rate Hike Bets Rise
Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls
US Stock Futures Rise as Markets Await July Payrolls Data
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist
US Dollar Falls as Weak July Jobs Report Dents Fed Rate Hike Bets
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market




