Wednesday, 18 May 2011

China’s Real-Estate Developers Struggle with Debt; Servicing China's Total Debt Load is Problematic; Dramatic Slowdown in China Coming

http://globaleconomicanalysis.blogspot.com/2011/05/chinas-real-estate-developers-struggle.html

Dramatic Slowdown in China Coming

China is going to slow, much more than anyone thinks. The commodity producers and commodity producing countries like Australia and Canada will take a hit. In contrast, the US, Japan, and Europe will benefit from falling oil prices. However global trade in general will slow, as will employment, and corporate profits.

We are starting to see a global growth slowdown already. When China joins the siesta, the slowdown will accelerate.

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