by Paul Hodges The blog is a great believer in the predictive power of the retail sector. Wal-Mart and Tesco were the first to spot the downturn in the summer of 2007, a year before it became obvious to everyone else. Now Wal-Mart’s problems are providing some important messages about how companies need to adjust […]
Asian Chemical Connections
More Questionable Chinese Data Clouds The Picture
It seems as if Lex of the Financial Times is finally catching up with this blog by questioning the validity of some of the official data coming out of China. We take this as a compliment. In today’s column it talks about how the total for first-half Gross Domestic Product (GDP) growth numbers for China’s 31 provinces […]
China’s Great Growth Gamble
Source of picture: www.todaysfinancialnews.com China’s feverishly fast construction of roads, power plants and new industrial capacity has been designed to offset the decline in exports – and what a short-term success the policy has been. Of the 7.7% of GDP (gross domestic product) growth recorded for the first nine months of this year, 7.3 […]
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