Can China Rescue Its Economy?

Hmm...

Can China Rescue Its Economy? - Forbes: The drop in the HSBC Index, which normally moves only tenths of a point at a time, is just another sign that the world’s second-largest economy is contracting from one month to the next. The troubling news follows October numbers, which also pointed toward a rapid falloff. There was, for instance, a sharp decline in inflation, collapsing real estate prices, and a big decrease in bellwether car sales. The wheels are coming off the Chinese economy, with indicators dropping faster than virtually all analysts—including me—predicted.