can't recall where i saw it, but it's pretty extraordinary if true, china needs to create something like 25M new jobs a year to keep the growth status quo
Quote from giles117:
Sounds like Detroit......
Quote from DeepFried:
China's up roughly 100% in the last 6 months. Yes, they're experiencing tremendous growth, but it's a highly speculative, weirdly structured market that favors Communist Party officials and is dominated by retail speculation and market mania. The US market will not sell off tomorrow based on a pullback in China.
BTW, Nikkei futures - up 110.![]()