Your Most Honourable Chief Reckoner Dan Denning mentioned the possibility of a post-Olympics slump in China’s economy recently. Something similar to Sydney. A slow-down in the economy as all the tourists and competitors head home, taking their spending money with them. Best of luck to any athletes travelling Qantas. The swimmers should be fine.
August 26th, 2008 | Al Robinson | 2 comments | ContinuedAll Posts Tagged With: "China’s economy"
The Chinese Work Their Way Up the Ladder, As Americans Work Their Way Down
Now, China has the money - the biggest pile of dollars in the world. And soon it will have the most powerful economy. It won’t be too much longer before Chinese leaders will want to throw their weight around.
May 13th, 2008 | Bill Bonner | 8 comments | Continued
Chinese Consumer Will be an Extremely Influential Factor in the Years Ahead
China’s real GDP grew by a fantastic 11.2% in 2007. There is no doubt that China’s economy is booming and in 2007, its trade-surplus doubled when compared to a year earlier. Moreover, retail sales in China have been growing at 14% per annum for many years…
March 12th, 2008 | Bill Bonner | 3 comments | Continued