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China's Business Confidence Index - Up and Down

Posted on July 09, 2008

Are you an optimist or a pessimist? Is your glass half empty, or half full? The answers to those sorts of personality questions probably shape how you think of the current business climate index (BCI) numbers just released in China.I haven't paid much attention to China's BCI before now. It strikes me as something like trying to take the temperature of a small fire. China's economy is hot. Do fluctuations in the index really tell you anything...?Yesterday China's National Bureau of Statistics released numbers for the second quarter of this year. The numbers are up, if you want them to be. Chin...

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