Wednesday, August 12, 2015

AFTER 37+ YEARS OF GROWTH IS THE CHINESE ECONOMY READY FOR THE BIGGEST CORRECTION AS ITS WORK FORCE AGE GROUP STARTS TO DECLINE AND ITS CONSUMPTION OF COMMODITIES TAKES A GREATER DOWNWARD CURVE

THE Chinese economy is like a cricketer who’s scored a triple century. They’ve done an incredible job and they’re still out there batting, but the odds suggest it can’t go on much longer.

37+ years of growth is a record akin to Brian Lara’s 375 against England in 1993-94. Everyone knows the knock can’t last forever.

In the last few years and months we’ve seen China look wobbly for the first time in ages.

First, its demand for commodities dropped off causing prices to drop.

http://www.news.com.au/finance/economy/is-it-time-to-start-panicking-about-china/story-fnu2pycd-1227481610573

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