Welp, China’s exports are falling to near crisis-mode levels (at least as far as the Chinese are concerned): http://www.reuters.com/article/2015/05/08/china-economy-trade-idUSL4N0XY…
From the article: “The dismal trade performance raises the risk that second-quarter economic growth may dip below 7 percent for the first time since the depths of the global financial crisis, adding to official fears of job losses and growing levels of bad debt.”
Only 7 percent growth?
I know, I know, they have more people, our economy is still bigger, yadayadayada. I still chuckle a bit.
Leave A Comment