China Seeks a New Market in Its Own Backyard WSJ

[Bindare_Dundat]

China -- China is turning to its poorer residents to help revive growth as demand flags among the wealthy Western consumers who have long gobbled up the country's exports.

In the latest measures to spur domestic consumption, China's government on Monday announced plans to create jobs, lower distribution costs and improve the quality and availability of products sold in rural areas.

As part of the effort, the Ministry of Commerce said, the government aims to help establish 150,000 stores in the Chinese countryside this year to offer rural residents easy access to safe consumer goods.

http://online.wsj.com/article/SB123416442559062807.html?mod=googlenews_wsj

[240 is Back]

finally we exported something.... the bailout mentality!

[Bindare_Dundat]

finally we exported something.... the bailout mentality!

The post went right over your head.

[Bindare_Dundat]

China buying and securing commodities arround the world.

http://www.chron.com/disp/story.mpl/business/6266561.html


Venezuela will sell all the petrol China needs for 200 years.

http://www.elcorreogallego.es/economia/ecg/venezuela-vendera-china-todo-petroleo-necesite-200-anos/idEdicion-2009-02-18/idNoticia-397360/

[Bindare_Dundat]

 Looks like China is making sure that they dont' have to rely on the American consumer in the future.

[240 is Back]

Sure look like China is making sure that they dont' have to rely on the American consumer in the future.

sounds like walmart will need bailouts in 5 years

[MuscleMcMannus]

Looks like China is making sure that they dont' have to rely on the American consumer in the future.

Of course.  The Chinese are smart and cunning.  All the morons that said the Chinese need us to fuel their growth?  LOL yeah right.