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RE: Central Bankers Clueless as World Economy Comes to a Screeching Halt.

in #dtube6 years ago (edited)

Chinese economy is not only in the slowdown mode. Over ten million workers lost job, and the credit crunch has just begun among corporations due to the beginning the burst of the bubble. Roughly 40% of new houses are vacant in the large city like Shanghai. Consequently, Japanese export industry to China which is mainly consist of semi-conductor parts are damaged and Japanese auto- industry as well.