BHP wrote in it ASX release that, “China has not been immune to the global slowdown. Macroeconomic indicators show that Chinese growth has softened during the quarter, albeit from very high levels. We expect volatility and uncertainty to continue in the short term.” Translation, “Whoa. Would you look at that? Well, still, pretty amazing story in China. We’ll just have to buckle up until this whole global financial collapse is behind us.”
October 22nd, 2008 | Dan Denning | 2 comments | ContinuedAll Posts Tagged With: "macroeconomic indicators"
