Archive for 17. June 2009

Is China Recession Proof?

In the link below you will find a great video round table on China’s economy hosted by McKinsey. The speakers are from different perspectives but all agree China is turning things around. Some are more optimistic than others but all are positive.

http://www.mckinseyquarterly.com/Is_China_recession_proof_2366

On another topic and maybe later post, it is interesting to note how much of the stimulus money is going to State owned firms compared with privately owned. It is something to watch to get an idea how deep the turn around really is.

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