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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (161943)6/2/2009 10:27:27 AM
From: Claude Cormier1 Recommendation  Read Replies (1) | Respond to of 313242
 
Nobody knows the future, but according to a source I read their 4 trillion yuan stimulus package is not working as well as it could. Same as in the US. The economies are not absorbing this new money for now. It will take a lot more time.

China will not likely go into recession, but you wont see 10% growth. Demand on commodities will be good but not enough to replace entirely the loss of demand in USA and Europe.

The bad times will last 2-3 years in China but 5-10 years in the USA.

I guess opinions are what they are.