The Great Crash of China http://www.feer.com/economics/2008/october/The-Great-Crash-of-China
by Brian Klein
Posted October 1, 2008
China is widely believed to be immune from the economic shock waves making their way around the world from the U.S. to Europe and Japan. Although it is relatively unaffected by subprime mortgages and the credit crunch, China's economy is actually facing a fundamental structural adjustment that has arrived much earlier than expected. http://www.feer.com/economics/2008/october/The-Great-Crash-of-China