Sunday, Sep 13, 2009
Chinese export figures were worse than expected by economists
Bbc: China's exports see sharp decline
China's exports continued to decline in August, down 23% from the same month last year
Posted by mark @ 10:57 AM (659 views) Add Comment
5 Comments
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1. gone-to-colombia said...
Very interesting post, I've been watching this story myself.
It's quite clear that the present boom in China is fed by government money, it cannot last.
Where goes China the rest of the world will be going too.
2. stillthinking said...
But they don't want dollars anyway...
3. happy mondays said...
This probably will not help matters..
China angered by US tyre tariff -http://english.aljazeera.net/business/2009/09/200991275356512771.html
4. bystander said...
when China sneezes, the rest of the world catches a cold....................sound familiar???????
5. hubbers said...
China is busy buying any commodity it can get its hands on. But when their storage space runs out expect a massive drop in copper, oil etc