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Chinese downturn fuels fears crisis is spreading east
Ben - your going down soon in NZ
"For the pessimists, problems that have been lurking beneath the surface glitter are starting to appear. Three months ago, the sense was that carefully calibrated policy action by Beijing would ensure strong growth with low inflation. But last week, the fears of a hard landing were back. Put simply, the concern is that China in 2013 is the US in 2007 – about to experience its very own sub-prime crisis." http://www.guardian.co.uk/business/2...angerous-crash China Crash will Rock the Whole World more than before. Feel The Force |
Tis okay, I come home next week. :tongue:
But NZ citizens struggle at the best of times, this won't be good for them at all. |
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