This past Sunday "Alibaba" chinese retailer sold 3.3 Billion dollars worth of merchandise on a single day
which tells you they have money to spend. That 1 day sales was greater by 2 to 1 than US best day ever. And also says China is picking up as it was more than most companies do in a single yr. as those were in US dollars.
OMG are you ill Infn? You actually posted a link :) As another new poster on the board said by
reading a Bloomberg article. The Chinese are cash rich. We won't mention how most got that way,
as I'd have to post a piece of trivia. The monetary division between those cash rich and cash poor
is probably a problem you won't hear much about, but you can be assured it is a major issue, and
I mean major. There are many including Hu, that think with this so obvious division of wealth, the
communist government could topple. That sounds as close to a civil war as China will ever admit.