China and The Middle East
Pauline travelled to these parts in a hair raising awakening to doing International Business
China Slowing Economy
Post: 2016 The Chinese economy is still slowing as a result of the world economy having slowed in the past 2 years. Not everybody in the western world felt the full effects of the European recession, many economies were bolstered up by Government intervention, but those in mining and other regional primary industries took the full brunt of the big "Write Off". Unfortunately in 2016 where we could normally expect an end to this quite normal economic cycle it will instead make it's way to many more sectors, and hold our economy in suspension for at least one more year, while we wait for China to recover from it's doldrums.
This is the first Chinese business generation to experience the lulls of the typical Western 20-40 year economic cycle, and being the centre of much of the worlds manufacturing this will be a difficult and shocking time for China, whom have only had the experience of a generation of massive growth and abundance.
We are likely to witness some of China's major organizations, particularly those that rely on Western trade, shrinking, failing and folding, which will have a general domino effect within China and then the World.
2017 Update: This has happened as predicted, but the good news for them, and us is the world will begin trading again after the Big Write Off has been completed, suggest September 2017 western trade will begin to move again ... this is a good time to trigger a boost to spending for Christmas Trade.
Chinese learn fast and can no longer afford to operate dishonestly or be the suppliers of defective goods. I predict that 2017-2018 will be the turning point for China to embrace integrity and a new scope of high quality goods, including technological and environmental innovations. I believe that China will take us in to Space.