Keep an eye on slowing economic growth in China. I have written previously about the risk of political turmoil should the nation's hypergrowth subside, since that has become the sole justification for the Communists holding power. The always insightful Don Straszheim of Roth Capital sees China's economy slowing to just 6.5 percent GDP growth next year. That is the equivalent of a recession in China. Where will the jobs come from for the 20 million people who flood the cities every year from the farms?
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Michael Ng of TX 7:36PM November 10, 2008