Ed Miliband - My Fake Diary

Monday, 6 August 2012

The giant Chinese state-owned enterprises have posted their worst figures since 2008. First-half profits were down 11.6% on the year.

This is worrying indeed, it is the first sign of Chinese economy slowing down, and as we trade a lot with them, it will undoubtedly affect our performance.

It might be a good thing that we are out of power for a bit?