9 months ago when CN was the only large economy growing…
Jul 13 Bloomberg: China’s economy and industrial output expanded more than analysts predicted, driving up stocks across Asia as the nation maintains momentum after monetary tightening to cool inflation
the world looked east, some applauding, some apathetic, some green with envy...
Dec 10 Economist: American foreign direct investment reaps returns of 13.5% in China, compared with 9.7% worldwide…Yet in America, China’s single biggest trading partner, sentiment towards the country has turned starkly negative. In a recent poll, 61% of Americans said that China’s recent economic expansion had been bad for America; just 15% thought it had been good.
now that China's economy is registering real slowdown...which will probably last for a while
April 13 BBC: China economic growth dips to 8.1% in the first quarter. China's economy, the world's second-largest, has expanded at its slowest pace in almost three years.
China bears are laughing & cheering...
May 13 Marketwatch: China bears have the upper hand after growth in everything from retail spending and investment to industrial output and imports declined in April, pointing to a widening economic slowdown.
May 14 Bloomberg: China's Economic Reckoning Is Coming
I'm just wondering with Euro Zone crisis, Japan continuing to slide and meager improvement in US economy...if China's growth engin comes to a halt, how are we getting out of this global slowdown???
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