YOU NEED to look “behind the curtain” … and not allow yourself to become concerned by the recent headlines. Just remember: Media companies need to make sure their newspapers sell.
Last week, share market speculators drew breath rather sharply … as China’s 3-month growth in GDP to March, came in at “just 7.7%”.
True, this was down from the expected 7.9%; but it was still in line with China’s overall growth, throughout 2012.
However, let’s get real: Compared with anywhere else in the world, 7.7% is clearly an enviable figure. [Read more…]