Start studying Mandarin because...

while we (The U.S.) are facing economic ruin, the Chinese are growing at 9%! This number basically confirms that BRIC ain't going back to the stone age any time soon. China will continue to slow as recessions engulf their key export markets (U.S., Europe, Japan), but it is obvious that the Chinese have enough liqidity/reserves ($1.9 trillion dollars) and internal demand (1.3 billion people) to weather this financial storm (not to mention get easier credit terms from eager lenders).

Looks like the Chinese have got the hang of capitalism...wish I could say the same for the U.S. :-(


P.S. I will try to get even more long JOYG, JRCC and APWR tomorrow because this China news is bullish for the "Global growth" story. I love how the Bloomberg piece managed to turn 9% growth into a negative...lol...has he seen the U.S. and Europe.