Hi, Futurist, I see the flooding as a huge opportunity for China's economy. Before the flooding, we see many problems: unemployment, potential devaluation, overstacked inventory,low growth on export, banking problems, etc. the worst of all at that time was that the Chinese government had no easy way to get away those problems. But this flooding gives the govenment a easy solution. First, the flooding is creating a huge market demand, so that the companies can get their inventories out of thier warehouse. Second, the factories can run their full capacities, so that the unemployement situation is to be easily settled down. Third, China's Government put $100 billion into market to stimulate the economy, so that the economy can keep going at 8%. There are many positive things since the flooding. one word: THE FOUNDAMENTAL IS GETTING BETTER.
Best Regards,
PekingYen |
