Wen Jiabao
China's leaders are in a warning mode today. First Shanghai's mayor warned for increased safety risks at the Shanghai subway, now premier Wen Jiabao is warning 2008 might be a very difficult year for the economy, writes Reuters.
That seems a nice effort to talk the economy into a depression. The stock markets can be dropping worldwide and inflation might be on a record level, China's citizens would only care when the leadership cares. And that seems to be happening now.
Watching the stock exchange, that went down today already seven percent, will be high on my agenda.
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