Yesterday's Independent was looking at the Chinese Economy and its response to the Global economic downturn. Whilst its export markets have shrunk, its internal market is huge as are its foreign currency reserves. If the 'pain' can take place without internal turmoil, it will be set for business as usual in due course.
I am surprised they are not buying up Woolworth's sites in almost every High Street in the land for Chinamex outlets; if they were, China Gateway Phase 1 would become well placed to re-distribute directly to its own outlets.
Oh, dear, what am I suggesting?
Anyway you can read the Independent article here:
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