Looking To Hong Kong’s Skyline for Signs of Recovery

Monday, September 14, 2009 1:08
Posted in category Uncategorized

Hong Kong Skyline Summer 2008
While some (including myself) have been questioning some of the more upbeat economic rports lately, the Earth Times carried Clouds of pollution in Hong Kong seen as smoke signals of recovery

Unfortunately, the following passage pretty much tells it all:

In the first quarter of 2009, pollution levels dropped significantly, according to the South China Morning Post, as factories trimmed production or were closed down due to the slump.

Now, according to a leading economist quoted by the newspaper, pollution is once again “reassuringly bad” as factories ramp up production to match a revival in global demand.

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2 Responses to “Looking To Hong Kong’s Skyline for Signs of Recovery”

  1. Alex says:

    September 15th, 2009 at 7:23 pm

    An increase in demand, or simply ‘that time of the year again’ when seasonal production of Christmas presents for export begins (compounded by an extended holiday in the prime production period).

  2. Rich says:

    September 16th, 2009 at 8:37 am

    Alex.

    I am still working on that, but no doubt the Christmas cycle (what exists of it anyway) is probably a big contributing factor.

    R

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