Saturday, August 8, 2015

Ancient Chinese Secret Revealed

August 8, 2015
China July producer prices slump to near six-year low

Pork prices are an important component of China's consumer price index basket, the weighting of which is a secret though some economists estimate that food accounts for as much as 30 percent of the index.

I can't tell you if food accounts for up to 30% of China's consumer price index, but I can tell you that their ancient Chinese secret can get clothes up to 30% cleaner. And isn't that all one really needs to know to invest in China?


Troy said...

That guy was in The Challenge!

Not a great movie, but certainly a good one!

Stagflationary Mark said...

He was in an Olsen twins movie and you really liked it? Well, if you say so.

Oh, wait. That martial arts movie from the 1980s? ;)