Wednesday, March 11, 2009

The 'Dragon' deflates !

Et tu China !

As reported in news items today, China has suffered a major contraction in exports

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?

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