Club Mulgoa

Tuesday, September 18, 2012

China... no Viagra

http://www.businessspectator.com.au/bs.nsf/Article/China-increasingly-unlikely-to-act-on-slowing-grow-pd20120918-Y9PEP?OpenDocument&src=hp6

That is according to this article.  But the writer must be politically naive.  The Communist Party will not survive if lots of citizens are unemployed while it has billions stashed away in savings.  The economy may be down but it isn't in a doldrum.

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