Monday, February 2, 2009

Naked Capitalism Blog -- "China: Agricultural Ministry Pegs Unemployment Higher than Wen; Official Warns of Challenges to Social Stabilty"

Andy Verchota (AIM student in the Class of 2009) wrote, "I found this blog exactly in line with what Jim Bianco has spoken about in his past two presentations to the AIM students. It talks about the exodus of rural China away from the cities."

If you read this posting from Naked Capitalism (a blog that is linked on the right side of the AIM Program blog), it clearly highlights some of the major challenges faced by the Chinese government as a result of the global economic slowdown.

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