Tuesday, October 18, 2011

China 9.1% growth : how much is made up by ghost town developments ??

. China economy slows 3rd quarter
. 15% slower than last year.
. And below median expectation.
. Analysts sees no storm
. Depending on which side of the fence they sit.
. Whatever it is, slow is slow
. Probably get slower
. And it's bad times that churns up all the dirt.
. Questionable is how much of the 9.1% can we trust.
. How much of it is made up by "ghost towns" development ?
. And unneccessary cheap throw away toys
.


http://www.marketwatch.com/story/chinas-growth-cools-but-analysts-see-no-storm-2011-10-17?reflink=MW_news_stmp#

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