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"It is a key aspect of our rebalancing in the Asia-Pacific".
British officials stressed that household debt was falling, and a rebalancing in household economies was taking place.
The overall result: the gradual rebalancing in spending power toward emerging nations in Asia -- and China in particular.
"I do see a chance, a good chance of a rebalancing in the economy but one can never be sure of the timing of it," he said.
"Unless we can achieve a rebalancing in the structure of our growth, there is a risk that the recovery may eventually stall".
He argues that corruption in China has a much more "deleterious effect" than on other countries So, China can't achieve an 'orderly rebalancing' in which growth merely slows.
Similar(22)
Real estate characterized by high transaction costs and a market less efficient than stocks and bonds have added to the difficulty in rebalancing portfolios in response to market changes.
"If you had rebalanced in the late 1990's when those large-cap growth funds went up, you would have kept more of the gains of the 1990's in your portfolio," Mr. Battista said.
Assuming investors haven't rebalanced in favor of U.S. stocks, we could be an ultimate beneficiary of liquidity flows.
Since conversion of a convertible bond causes a drop in leverage, target capital structure theory suggests that the structure should be rebalanced in the future.
Coloring this is the factor of the US rebalance in Asia, which shifts the asymmetric bilateral dilemma of China Philippine relations to a triangular entanglement between the US, China, and the Philippines.
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