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Friday, March 20, 2009

Double whammy for China?

Not only are they losing job's due to a weak export sector. They have also been getting hit with losses on the investment front.

Apparently, this FT article notes that before the global wide collapse, China, had changed it's investment strategy into Corporate Bonds and other Global Equities.

The Chinese just can't get a break. Read the article yourself. It appears that China, has more tough times ahead.

I hope that giant economy does not collapse and send the people into mass panic.
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