Monday, January 26, 2009

Happy Niu Year

It's here! Year of the Ox...

Here's one of my favorite new quotes, "A downturn can be a very good time for restructuring the economy" -
Ma Jiantang, China's National Bureau of Statistics commissioner.

In 2008, China's overall economy expanded 9%. (The last three months of the year were lower at 6.8% expansion).
2007's rate was 13%.

My other favorite quote, (same guy), "Just like the freezing weather we had this morning, it will not last forever."


http://english.aljazeera.net/business/2009/01/200912241324835704.html

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