Daily Wisdom: China’s Economy is Expanding Edition

An economic recovery will begin in the middle of this year, but many. Recession to dog state until 2010, experts say

Buy-to-let landlords are snapping up houses at knockdown prices despite falling rents, according to letting agents…Buy-to-let landlords swoop on cheap homes

I’m still looking for, and still not seeing, the economic recovery that everybody is talking about.Do you see what I see?

Italy is in a deep recession. The banking system resisted the first wave of the financial crisis, but credit conditions have tightened and households have suffered large financial losses. What is the outlook and what does Italy need to do to support long term growth? How can the education system be improved?OECD Economic Survey of Italy 2009

The good news in the latest World Bank China Quarterly: One. China is growing, thanks to China’s government. The World Bank estimates that the government’s policy response will account for about 6 percentage points of China’s 7.2% forecast growth (p. 8). That’s good. The good and bad news in the World Bank’s China Quarterly

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