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China just issued a serious warning
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Monday, November 21, 2011
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From The Daily Crux:

The Chinese government just issued a serious warning for the U.S. and Europe.

Chinese Vice Premier Wang Qishan says the government sees a worsening, "long-term" global recession... and must take any steps necessary to "focus on domestic problems."

Translation: If Western governments are looking to China for cooperation and assistance on solving their currency and debt problems, they will likely be disappointed.

Read full article...

More on China:

Jim Chanos: China's "hard landing" has officially begun

China could be the big reason behind yesterday's silver selloff

We now have powerful evidence China is headed for a dramatic slowdown

Topics: China | Recession | Economy
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