While most of the world was focused on the problems in Europe it appears that serious issues are brewing in China. There is rioting in some cities because of dropping real estate prices. Economic reports show slowing in the all important manufacturing sector. Some US corporations, who are major exporters to China, are noting lowered demand.
Many experts believe that the Chinese growth miracle is coming to an end. And that spells bigger problems for the world economy then what’s on tap from Europe.
What do you believe is happening in China?
And what do you think it means for the world economy and stock markets in 2012?
Share your comments below!
