November 16, 2004

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Peaks and troughs

There is no better sign of economic hubris than plans to build the tallest tower in the world. If you ever wanted proof of a looming economic slowdown China, this is it.

posted by Simon on 11.16.04 at 09:24 AM in the




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Simon's China and East Asia Briefing: 30th Nov 2004
Excerpt: The following is a digest of highlights from the past month's Asia by Blog series over at simonworld.mu.nu. The round-up has four key areas of focus: China, Taiwan & Hong Kong (Politics, Economy & lifestyle, History sport & culture, Information), Korea...
Weblog: Winds of Change.NET
Tracked: November 30, 2004 01:51 PM


Comments:

So true. But you could add some... supporting ...research.

posted by: myrick on 11.16.04 at 10:51 AM [permalink]

Thanks for those links...good to know there's some solid proof of the theory.

posted by: Simon on 11.16.04 at 09:20 PM [permalink]

Just to add weight to the theory: a building in Taipei became the tallest about a year ago - which coincided with a pretty drastic slowdown in the Taiwanese economy. Did the economy in Malaysia pick up when they lost the title?

posted by: David on 11.16.04 at 11:19 PM [permalink]

Hmmm, I wonder if they are building it so everyone who looses everything has a nice place to leap from.

posted by: mdmhvonpa on 11.17.04 at 11:12 AM [permalink]




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