Last night I ended up listening to John Batchelor on my radio dial. The story he was discussing had to deal with ten people being executed in China. At least one of them was a ‘tycoon’....very wealthy, and presumably well connected. He was executed for bribery.
The implication is there is some discord in the commie party, and this guy was really executed for political reasons.
Slow growing economy...discord in the party...the Chinese ‘miracle’ may be about to burst.
Slow growing economy...discord in the party...the Chinese ‘miracle’ may be about to burst.
It could/might/possibly be that the numbers of ‘suckers’ for Chinese goods and services is starting to ‘noticeably’ decline world-wide.
You know... poisoned pet products, poor quality of manufactured items, poisoned or just possibly poor quality ‘human’ food products.
Or... it could be that manufacturers have found other nations who can manufacturer things for them at an even lower wage rate.
However when speaking of China the biggest thing to remember is that it is much like an Iceberg, 80% of everything is hidden from an outsider. So it could be anything and everything I’ve mentioned. As outsiders we won’t know until the bubble bursts... if then.