David Frum: China's brightest day may have just passed Posted: August 09, 2008, 11:57 AM by Kelly McParland David Frum, Full Comment The leaders of China have carefully planned an imposing Olympics. They have bought new stadiums, new airports, new facilities of every kind — in fact, just about everything available to an authoritarian state with a full treasury and low labour costs. They overlooked only one possibility: that the Olympics would arrive at the same time as China’s economy braked to a stop. To understand what is happening in China, compare two statistics. In the 12 months ending December...
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David Frum: China's brightest day may have just passed(next Mexico?)
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