Originally posted by MarillionFan
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Previously on "Chinese economic growth falls to its slowest rate in over two years"
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Originally posted by Freamon View PostIsn't the chinese stock market down something like 30% over the past year?
Not all is well in china.
Increasing wages
High inflation
Stock Market down
I'd still rather be in Asia than I would in Europe though.
Actually I think a trip to Burma is on the cards as diplomatic ties get stronger.
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Originally posted by AtW View Post
Look, for normal people real economic growth means they got jobs rather than being unemployed and they get to buy food and other essential: they don't give a flying monkey about stock market, especially in China where pensions are non-existant and shares are purely spekulative.
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Originally posted by Freamon View PostIsn't the chinese stock market down something like 30% over the past year?
Not all is well in china.
Whereas, it's all doom and gloom with the old UK economy but the shops are still full and largely, we're still invoicing, for me at 50% more than 2009, and no, not 40 quid a day! Bit more than that.
Stable, if wobbling economy.
That was the economic gospel according to stek, who is on the Moonraker as BWFC are playing. I'm a capitalist now.
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Originally posted by Freamon View PostIsn't the chinese stock market down something like 30% over the past year?
Look, for normal people real economic growth means they got jobs rather than being unemployed and they get to buy food and other essential: they don't give a flying monkey about stock market, especially in China where pensions are non-existant and shares are purely spekulative.
Having said that their growth will slow at some point and maybe they'll even have house price crash.
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Chinese economic growth falls to its slowest rate in over two years
only 8.9%.
How will they cope?Tags: None
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