BY TOM ORLIK
A slowdown in the world's factory could be a good time to take a bet on the workers.
Growth in China's economy decelerated to 7.6% year-on-year in the second quarter of 2012, the lowest since the start of 2009. The old mainstays?exports and investment?both disappointed. The share of investment in growth fell relative to 2011, and slowing exports were a drag.
The last time things were this bad was the financial crisis, and Beijing responded with a mighty stimulus. An increase in lending of more than 5.5 trillion yuan ($861 billion) in 2009 was equivalent to around 16% of gross ...
BY TOM ORLIK
A slowdown in the world's factory could be a good time to take a bet on the workers.
Growth in China's economy decelerated to 7.6% year-on-year in the second quarter of 2012, the lowest since the start of 2009. The old mainstays?exports and investment?both disappointed. The share of investment in growth fell relative to 2011, and slowing exports were a drag.
The last time things were this bad was the financial crisis, and Beijing responded with a mighty stimulus. An increase in lending of more than 5.5 trillion yuan ($861 billion) in 2009 was equivalent to around 16% of gross ...
Source: http://online.wsj.com/article/SB10001424052702303644004577525043418745240.html?mod=rss_about_china
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