Sorry if this is off-topic for the board, but I felt it was relevant to several recent posts on this board and the relationship of the supposed looming collapse of the Chinese economy to the drop in SWKS.
I thought this was an interesting perspective on the Chinese economy.
http://us.matthewsasia.com/perspectives-on-asia/sinology/art…
While GDP rose by “only” 6.9% last year, that came on a base that was about 300% bigger than it was a decade ago (when GDP growth was 11.3%), meaning that the incremental expansion in China’s economy last year was about 60% bigger than it was back in the day. As a result, last year’s slower growth rate actually provided a larger opportunity for firms selling goods and services in China
Steve