China – the contrarian
August 23, 2012 Leave a comment
Recently, we have seen Chinese manufacturing and production figures decline and statistics appearing about how many consecutive months they have been decline or below a certain figure denoting a contracting economy.
Streaks come to an end and trends do weaken and reverse.
China’s greater growth cycle is still in its infancy and even more so are its political and economic reforms.
When growth in a country slows, reforms then speed up.