paul.kedrosky.com - 1/21/2009
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China is to issue its Q4 GDP number late tomorrow, and Reuters has the consensus at 7.0 percent growth annualized. While that is down from recent quarters, anyone want to hazard a guess on the likelihood that's materially under that figure? I'm having a hard time seeing how it's over or at ...
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Chinese Unemployment Projected at 30 Year High
EconomPic —
Some more bad news ahead of tomorrow's Chinese GDP release. Bloomberg (hat tip Naked Capitalism) reports : China’s official urban unemployment rate jumped for the first time since 2003 and may climb to an almost 30-year high as exports slump and a slowdown deepens in the world’s third-biggest economy. A rate as high as the government’s 4.6 percent target for this year, which was announced by Yin today, would be the worst since 1980, official data show. Premier Wen Jiabao said yesterday that the government must do more to preserve social ...
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A private plane is really a flying office. It is a way for a busy executive to get from one place to another as efficiently as possible, to get ...
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