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The Forum > Article Comments > China refuses to adjust its economy > Comments

China refuses to adjust its economy : Comments

By Derek Scissors, published 23/7/2009

If the US is headed in the wrong economic direction, China is moving in that same direction - only faster.

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“…results are manufactured to suit the Communist Party.”

Yes. This has also been suggested by other commentators.

This article paints a much more realistic picture of China's economy than the ones we usually see.
Posted by Leigh, Thursday, 23 July 2009 2:56:55 PM
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Absolutely Leigh. I would suggest that anyone thinking of shifting their Superannuation into funds consisting largely of shares should also exercise caution. The market might appear buoyant at present, but I suspect that when reality finally sets in, particularly in China, things might go south in a big way again.

David
Posted by VK3AUU, Thursday, 23 July 2009 4:58:26 PM
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David

I agree, we're in a false recovery. And with tax return time the refunds are going to prolong it.
Posted by keith, Thursday, 23 July 2009 6:47:19 PM
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Round and round we go making the same mistakes over and over and never learning. Capitalist economics at its finest. And from a so called communist government too. More like elitist authoritarian dictatorship but we dont mention that do we. Cant do business with people like that and that would never do. Business trumps humanity every time.
Posted by mikk, Friday, 24 July 2009 11:05:02 AM
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HHhha aaaa , Well Our great King Kevi of Rudd-dunnystan has shifted the economic and Sovereignty issue for China- All by himself;

But I suppose the one thing that has been the Silence of these Lambs is ; China is coming to you ; - Yes King Kevi has Relinquished Australia’s National Sovereignty to the Super Commos .
And how many people know that : Let me tell you ; KNOW ONE , WHY do you think that is?
Not only Is King Kevi a economic genius – He can destroy and Bankrupt the worlds EX greatest nation inside 12 months – he can also lose Nations sovereignty where not a single foreign soldier or shot fired.
Figure that one out.
Treason- is now Labour economic policy . Those big Huggable Chinese National Socialists - the whole 275 Million of them , Now own Parts of Australia.
Posted by All-, Friday, 24 July 2009 1:13:55 PM
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