Jul
9
China tops U.S. in car sales so far this year
Julho 9, 2009 | Leave a Comment
SAN FRANCISCO (MarketWatch) - China wrestled the new-car sales crown from the U.S. through the first half of the year, topping 6 million cars and trucks at a time when the long-time global sales leader grapples with historic declines.
Vehicle sales in China jumped 36.5% in June from a year ago to mark the fourth straight [...]
Jun
18
China Growth
Junho 18, 2009 | Leave a Comment
China is focusing on growing internally—and not through export…
This is why they’ve cut down on buying U.S. Treasuries and are reinvesting their stimulus money in their own economy.
To be sure, that’s less than the hot years of 11% annual growth, but compared with the 3% contraction projected for the U.S. this year…
The reasons are simple: [...]