Thursday, July 23, 2009
Be Wary of China's Market
Many of us want to or do believe that China is going to be able to support us out of the recession, but the country’s growth is surely unable to continue at an 8% per year rate when it relies so heavily on exports. Maybe it is time to stop putting such an emphasis on China’s ability to save us. China can’t continue to succeed if the western powers continue to fail.