The Chinese economy is still humming. Here’s proof.
Don’t tell Chinese exporters that we’re in a global slowdown. Chinese exports increased by 21.9% in the firstsix months of 2008.
Retail sales in July increased by 15.4% compared to the same period last year. That’s the biggest monthly increasein the last 10 years.
Investments in fixed assets grew by 26.3% in the first six months of the year, ahead of the 25.9% last year.
- Singapore retail sales Singapore has some of the most serious shoppers I have ever seen in my life. Orchard Road is a shop-a-holic...
- Retail sales jump in China Chinese retail sales increased by 23.2% in August. That brings the year-to-date growth rate of retail sales to 21.9%, a...
- Chinese officials think their stimulus plan is working. The Deputy Chairman of the Cabinet’s National Development and Reform Commission, Liu...
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