Thursday, May 07, 2009

Is China leading the world out of mess?

Following my previous post on the strong indication that Chinese economy is recovering and the misplaced belief that the collapse of world trade will drag Chinese economy down to its knees, more recent data show China is possibly leading the world, especially the commodities countries like Australia and Brazil, out of the tunnel early.

(click on the graph for further video analysis)

(source: FT)