It seems like the economy in China is not that good either

[the_tyrant]

China’s inflation has hit its highest level in almost three years, despite government efforts to cool the economy, driven by the rising prices of food and other household basics.
May’s consumerpriceindex reached 5.5 per cent, its highest level since August 2008, slightly above analysts’ forecasts of 5.4 per cent and well above a national target of 4 per cent this year.

http://www.theglobeandmail.com/repor...rticle2059724/

China faces a “meaningful probability” of a hard economic landing and the euro zone is storing up problems for the future by not tackling the debt crisis head on, said Nouriel Roubini, the economist who predicted the global financialcrisis.
He said U.S. Treasury prices, which have risen sharply as investors sought a safe haven from the euro area debt crisis and worries about a slowdown in the global economy, were fairly valued although he was cautious about U.S. equities.
New York-based Mr. Roubini is closely followed by Wall Street because he predicted the U.S. housing meltdown that precipitated the global downturn.
China avoided a hard landing during the global credit crunch but faces a downturn after 2013 as it will struggle to keep increasing fixed investments, Mr. Roubini said.

http://www.theglobeandmail.com/repor...rticle2058147/

my dad just got back from China, he says the inflation and prices are crazy
15 rmb for an apple(almost $2)! and thats just regular apples, not organic or imported.