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10 China Myths for the New Decade- Myth #8: domestic consumption
From Status of Chinese People, 6 month ago, Read 0 times. Similar articles
Derek Scissors, Ph.D., Research Fellow in Asia Economic Policy in the Asian Studies Center at The Heritage Foundation, via http://www.heritage.org, January 28, 2010 -
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Myth #8: China is rebalancing toward more domestic consumption.
Truth: The dominance of investment over consumption in driving China’s economy is intensifying.
The PRC’s official trade surplus fell by $100 billion in 2009. The U.S. reports the bilateral trade deficit will also decline for...
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This is the first ad that Google has taken on TV, they ran it during the Superbowl last night.I guess that not many of my UK/French readers will have seen it because it aired around 2.30am French time.Isn't it great that even a giant US corporate knows that the most romantic country in the world is La France.www.cognacproperty.com
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So, the Saints won the big game. Would have liked to have seen it it but… well I am in China, where we wear our pajamas outside to do our shopping. Everyday. This is not big news to anyone living here of course but I still find it kind of amusing in a quaint way. The government has decided to try and prohibit folks from doing it. Yeah, good luck with that.
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