Thursday, October 25, 2007

Chinese economy grows at 11.5% pace

This is why we should shake in our cowboy boots. The Chinese, at this rate, will dominate the world's economies and businesses VERY soon.

Meanwhile, the US in the 2nd Quarter, grew at a 3.8% yearly pace. Where does our dollar go from here?

China Says Economy Grew at 11.5% Pace - New York Times
China moves ahead of US in Top 20 companies
Economists React: China Economy Still Risks Overheating