Wednesday, March 11, 2009

The 'Dragon' deflates !

Et tu China !

As reported in news items today, China has suffered a major contraction in exports http://tinyurl.com/Chinese-export-drop

If seen in tandem with similar happenings in the last few weeks in Taiwan and Korea, this is all pointing to a general reduction in the well being of the regional economies. The key consumer (US) has been going through a wringer. How can the 'suppliers' not feel the effect?


No comments: