Friday, February 15, 2008

But wait.... China is now suffering from Coldest winter in 50 years

Days after we hear about Shanghi --- and hence the world --- being warmer than ever, we hear that China is having the coldest winter in 50 years.

The downturn is going to be welcomed in some Chinese leadership quarters because of the fear of runaway inflation from an overheated economy — now fed by food shortages and the impact of the worst winter in 50 years.

Is it you or me, or do we have some mixed messages here?

No comments: