We may no longer be able to rely on China to hold up global demand. China's import numbers recently came in far under expectations. Most of China's recent economic data has shown declining growth. Here is the most recent data for industrial production:
7/21/2013 09:22:25 pm
I’am really happy to hear that China’s world domination in exporting is finally coming to an end. I don’t want cheap, low quality products filling my house. I would choose German technology over Chinese any given day because of the quality difference.
9/24/2013 04:49:03 pm
Interesting Post :)
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I have worked in economic policy and research in Washington, D.C. and Ghana. My husband and I recently moved to Guyana, where I am working for the Ministry of Finance. I like riding motorcycle, outdoor sports, foreign currencies, capybaras, and having opinions.