Spending Slides for Chinese New Year

[Stepbrow]

This recent post says that spending for Chinese New Year will drop 20 to 30 per cent causing a further slow down in the Chinese Economy.

 

http://news.yahoo.com/s/ap/20090117/ap_on_..._lunar_new_year

[GZBILL]

This recent post says that spending for Chinese New Year will drop 20 to 30 per cent causing a further slow down in the Chinese Economy.

 

http://news.yahoo.com/s/ap/20090117/ap_on_..._lunar_new_year

 

Have to see how it plays out, but I can't think of any reason why people would not spend less.