The Chinese Economy Doing Well and What it Means Now
The Chinese economy had a cold last year that will help its immune system for years to come. Growth coming now in the business sector is more healthy and has a better base. Check out an article on the present growth here.
What I mean to say is that belief in no holds barred growth is tempered. People are investing in buildings and businesses a little more level headed now, and I think that is healthy.
The Chinese goverment caused this industrial recession last year to head off a crash a few years hence. I think they did a good job. I only wish the US government could act so wisely.
Thoughts?
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Posted in: China, Market Entry
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