Business Strategies for China’s Brewing Crisis

One Investor’s View on How to Prepare Now for the Consequences of a Slowing Economy

on July 14, 2016

Not a single, modern-day entrepreneur or investor in China has had to experience a substantial and painful economic slowdown, let alone a recession. The reason is simple: Since the nation’s reform and opening campaign began in 1978, China has never faced such situations.

China’s average gross domestic product growth rate was 9.74 percent between 1980 and 2015, according to the National Statistics Bureau. The annual compound growth rate during the same period was 9.76 percent.

South China Faces Worst Floods in Decades

Hundreds Are Killed and Tens of Thousands are Displaced From This Year’s Rainfall

on July 14, 2016

It’s like someone poked a hole in the sky, the rain just keeps pouring down, you can’t breathe,” said Mrs Wu from Donghu, a district in Wuhan a city in central China with over 10 million residents. Mrs Wu lives in Chunshuli, an affluent neighborhood that’s relatively high above sea level. But even so, she doesn’t feel safe.

Since the beginning of July relentless downpours have overwhelmed Wuhan, paralyzing its transport system and plunging vast areas of the city into chaos.