Posts Tagged ‘chinese’
The Recession is over and the recovery is almost past us!
Where were you when that happened? That’s what a couple of hundred attendees heard when a key note speaker, an economist from HSBC, stationed in Kuala Lumpur, told an intrigued audience. It seems that Asia has gone ahead without us in more ways than one. Apparently they are no longer as dependent on us as they once were. The economic engine is their own consumption and the Chinese are the driving force behind that engine.
One need not go very far from the Marriott to feel what we were told. Construction in the Malaysian capitol goes on feverishly all night and all day. From my hotel room alone I could count no less than fifteen construction cranes towering over the city.