Sue's Blog

Wednesday, September 20, 2006

The China Effect

What will be the price of China's booming economy?

This quote from a great story from the Sunday Times in the UK

"But now, if the China effect is coming to an end, it raises questions about the past decade. Was it all just a short-term party, giving us, on the back of low inflation and interest rates, a housing and consumer boom but not much to show for it in the long run? Have we sacrificed much of what remained of our manufacturing industry without gaining permanently lower prices? Add in China’s contribution to high oil and commodity prices, now thankfully easing back, and the doubts multiply."

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Sue's Blog attempts to provide a variety of stories which impact our lives everyday - or in our future.

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