china seems determined to stoke the engine

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    Policy announcements coming out of the current CP Congress a signal a determination to keep the Chinese economy well and truly stoked. The rural land restructures, real estate controls being loosened to allow more local private equity, rationalisation of the coal industry, measures to stimulate local demand etc etc all point to a determination to put China at the top of world economies...(especially now that the west is on its knees.)
    I wouldn't be too convinced of the "Chinese slowdown" syndrome. You can bet that China will not let this opportunity slip to steal a march on the U.S. It has huge sovereign reserves, is owed trillions by the US and is slowly (maybe not so slowly) taking control of the US financial system.It will now act more aggressively while they can still deal with a broken Government and devasted economy. Get online and read a selection of Asian newspapers to get a feel.
    China is not about to go into a deep sleep but rather will continue the long march.
 
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