China's Economy

choi

(1) Wu Yong and Zheng Xin, Economic Slide Takes Fizzle From Fireworks. China Daily, Jan 31, 2012.
http://www.chinadaily.com.cn/cndy/2012-01/31/content_14507972.htm
(Road cleaners from Shenyang picked up about 80 tons of fireworks trash on Sunday, the first day after China's Lunar New Year holiday. That is down about 20 percent of in 2011 and 40 percent from 2010")

(2) Dan, The End Of Cheap China, Part III. How YOU Must Prepare For It. China Law Blog, Jan 30, 2012.
http://www.chinalawblog.com/2012 ... prepare_for_it.html

My comment:
(a) The blog cites:
Wang Jing and Qu Yunxu, Dire Straits in the Pearl River Delta. When the global financial crisis started, small factories in Guangdong Province began to feel the pinch. Now, a lack of financing has some in a death grip. Cai Jing, Jan 12, 2012.
http://english.caixin.com/2012-01-12/100347972_all.html
, which is nothing new: crying for government handout.
(b) Dan, it seems to me, is the alter ego of Mr Steve Dickinson, whose website does not have the blog but instead points to this URL. Mr Dickinson says let it be. Being a spiritual disiple of Dr Milton Friedman, I agree.


(3) The Big Mac Index for Global Tourist Attractions. NetEase, Jan 29, 2012.
http://discovery.163.com/12/0129/18/7OV65ADU000125LI.html

(4) Isabella Steger, Sany’s Mittelstand Stand. Deal Journal (a brand of WSJ), Jan 31, 2012.
http://blogs.wsj.com/deals/2012/01/30/sanys-mittelstand-stand/

My comment: Both Sany and Putzmeister supplied one boom pump each to Fukushima, Japan.

(5) Yuka Hayashi, Chinese Tourists Return to Japan in Big Numbers. Wall Street Journal, Jan 30, 2012.
http://online.wsj.com/article/SB ... 90352257661174.html
("In December, the number of Chinese visitors rose 32% from a year earlier to a record 80,000, following a similar increase in November. Anecdotal evidence suggests another surge in January")

My comment: I did not see it in the US edition of WSJ, though.