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2012-09-17 China-Japan-Koreas

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Posted by tipper 2012-09-17 04:57|| || Front Page|| [2 views ] Top

#1 The East Asian Tigers managed to transition to higher value added activities, but their economies were small. Not an option for China.

China has massively over invested in plant and infrastructure and there will be a huge wave of bankruptcies.

Posted by phil_b 2012-09-17 05:16|| 2012-09-17 05:16|| Front Page Top

#2 Can't Thomas Freidman blowhard enough hot air all by himself to keep the China bubble inflated? Just askin'...

Posted by M. Murcek 2012-09-17 07:07|| 2012-09-17 07:07|| Front Page Top

#3 Mr. Friedman will forget / explain away all his praise of China, and the New York Times will help him do so.

Posted by Steve White 2012-09-17 07:42|| 2012-09-17 07:42|| Front Page Top

#4 All Mr. Friedman's yesterdays have fallen into the memory hole. They needn't be explained or forgotten, for they no longer exist.

Posted by trailing wife 2012-09-17 10:28|| 2012-09-17 10:28|| Front Page Top

#5 I better stock on ninjagos.

Posted by g(r)omgoru 2012-09-17 13:44|| 2012-09-17 13:44|| Front Page Top

#6 The 'easy growth' came from jacking the economics out of shape - easy to do in a command economy. But the economic chickens eventually come home to roost. They always do. And it's never pretty.

Posted by SteveS 2012-09-17 15:13|| 2012-09-17 15:13|| Front Page Top

#7 Things may be much worse than they appear:
Exclusive: Ghost warehouse stocks haunt China's steel sector

Posted by tipper 2012-09-17 18:48|| 2012-09-17 18:48|| Front Page Top

#8 ouch! Nice catch, Tipper

Posted by Frank G 2012-09-17 19:20|| 2012-09-17 19:20|| Front Page Top

#9 Jeepers! But let me assure you this is an isolated incident and not reflective of the steel industry as a whole, normal Chinese business practices, or the state of the Chinese economy, he said desperately trying to keep a straight face. Hey, is that the sound of tiny wings in the distance?

Posted by SteveS 2012-09-17 19:56|| 2012-09-17 19:56|| Front Page Top

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