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Analysis: Counting containers in China; the new financial “sport”

Will China be the next financial domino to fall? That is a question which was once unthinkable, but which is now being openly discussed, with serious potential consequences for Australia.

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I can think of several ways in which counting containers would produce misleading stats: • Have the container counters selected sites which are representative of the economy and its sectors? • Have they been counting for long enough to establish a benchmark? • Does their counting take into account containers which go direct from source to customer, bypassing wholesale distribution? • Do containers each represent the same unit of value - or might some contain small high-value items while others have large low-value items - and how would the counters know the difference? When can we expect to see the media slavishly reporting the latest movement in the China Container Counting Index? How soon will some academic pronounce the CCCI a reliable leading indicator of Asian and global economic activity. Look forward to the graphs and charts. . .

Tim Treagold at his best .. Was it Keating that said " All tip and no iceberg "?

Nice work Brent...

Come on Tim, you can do better than this. At least (at last) something other than the anti-EU bandwagon article, but really - treating finance as a 'Sport' is the reason for most of the financial ills we have today - don't encourage this attitude further just to meet a deadline or a create a pseudo-important sounding headline.

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