I don't think the Q2 '09 GDP figure is accurate: 7.9%. My forecast said growth would be 14.5%. I suspect that the Chinese government is under-reporting the growth figure so as to keep the West as far as way from the country as possible. Had the government reported the much higher and more accurate figure, you can bet your bottom dollar that every government in the West would be hammering Beijing to open up its border to more and more and more and more foreign trade and FDI.
I don't think the CCP is just ready to let the capitalists from London, New York and Tokyo come into Shanghai and Beijing and take over the economy. Nope. Not going to happen in my lifetime and most likely not going to happen for another 100 years.
The West should give up and try to open ne w markets elsewhere. China is a lost cause. There is no way China will let the West fully come into the country. Sorry - not going to happen.
Recent Comments