China Exports Miss Forecasts as ‘Absurd’ Data Probed
Benjamin Disraeli, per Mark Twain once said:
There are three kinds of lies: lies, damned lies and statistics. Statistics from China do seem to fit the quote. The take away from the article I get, is the Chinese economy strength has not fully recovered yet.
Possible Issues:
China Exports Miss Forecasts as ‘Absurd’ Data Probed - Bloomberg
There are three kinds of lies: lies, damned lies and statistics. Statistics from China do seem to fit the quote. The take away from the article I get, is the Chinese economy strength has not fully recovered yet.
Possible Issues:
- Global economy is weak - China's economy is built on exports currently.
- Over building / production / supply that has lead to inefficient investment in some areas of the Chinese economy. The Chinese Solyndra is a classic. Another article I read today mentioned China has 170 car manufacturers.
- Environmental cost to China's GDP
China Exports Miss Forecasts as ‘Absurd’ Data Probed - Bloomberg
Labels: china's future, made in china
posted by Ray Ritchey at
9:40 PM
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