Comments on: China Is Slowing Down

By: TrickStyle

TrickStyle — Fri, 14 Nov 2008 13:24:06 +0000

Barry! I’m discouraged to see such a low quality post here. The opening line here is frickin’ joke…”I’ve said for a long time that one should not trust economic statistics data coming from the Chinese Government as it has the incentives (and power) to interrogate the data until it confesses to what it wants to see.”

Ya think?

Well, I’ve been saying for a long time that you shouldn’t accept wooden nickels.

By: TrickStyle

TrickStyle — Fri, 14 Nov 2008 13:18:41 +0000

Dude. People have been saying that China “has to slow down” for at least 4 years. Is this news? Particularly in a global recession.

By: Kyle

Kyle — Fri, 14 Nov 2008 06:40:44 +0000

Are the electricity stats you quoted year on year? If not, October is much cooler than September; less air-con usage. In any case I’m sure the industrial production numbers are made up. Here in Guangdong millions of jobs have been lost and thousands of factories have closed over the last year because of the new labor laws. A huge real estate bubble was popped, and the gov’t/media say as little as they can regarding the situation.

By: Dr. Kenneth Noisewater

Dr. Kenneth Noisewater — Fri, 14 Nov 2008 05:19:00 +0000

Wonder what will happen when the “illegal” peasants can’t find work and have to return to their original provinces? China has internal “illegal aliens”, whose kids can’t attend school since they don’t have official legal permission to live in the cities they’ve moved to for work.. (or maybe that’s changed from like 5-10 years ago?)

The Communist Party survives by being able to grow the economy and provide jobs jobs jobs… Will China end up being a gigantic Singapore before jobs run out and peasants revolt?

By: marp

marp — Thu, 13 Nov 2008 21:16:17 +0000

“China will slowdown ”
which is a lot better then being in reverse

By: JohnnyVee

JohnnyVee — Thu, 13 Nov 2008 20:37:12 +0000

It appears that the Chinese did learn one thing from USA gov’t: The manipulation of statistics. What a quick study. Who knows, some day they will have a gov’t run by big business too. Oh! wait–never mind.

By: ironman

ironman — Thu, 13 Nov 2008 17:16:33 +0000

Don't use Chinese data. Use U.S. export data: Charting China's Economic Deceleration. Excerpt:

As we see in our chart above, the compound annual growth rate at which China has been importing goods and services from the United States has been slowing since peaking in January 2006. We also see that the rate of decline is becoming more steep as time passes.