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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.09-0.1%Nov 6 4:00 PM EST

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To: TobagoJack who wrote (113518)9/19/2015 11:20:54 AM
From: elmatador  Read Replies (1) of 217553
 
China transition happens within the Great Unwinding story:

As China transitions from an economy based on building things to one based on selling products to consumers, negative trade figures like this are likely inevitable. On the bright side for China, food imports to the country were up 25 percent, evidence that Chinese consumers are pulling their weight in these otherwise tough economic times. But they’re not yet contributing enough to China’s economy to deliver the rapid growth China enjoyed during the golden years of its big investment boom.

We have the Great Unwinding and coincidently the Chinese transition. A story within a story.

Chinese leadership is getting the grips on how to supply the Chinese consumer demand. Food is case in point.

But note that to change the direction of a juggernaut economy based on building things to an economy that produces and sell to consumers, is not something that changes overnight.

From 1979 to 2002 when China's weight have been felt, took 2 decades. This transition will take a good decade to be felt. But don't expect a big bang explosion of this consumer-led economy.
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