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A View of the Chinese Economy from Atop the Great Wall

05/22/10 Beijing, China – We’ve a little something different for you this weekend, fellow reckoner. As you know, we’ve been here in the capital of the Middle Kingdom for the past week. Our Reckoner-in-Chief, Bill Bonner, is here too, along with Addison Wiggin and Mayer’s Special Situations editor, Chris Mayer. We’ve toured the malls, the walls and the halls, met with a fantastic group of local experts and eaten some of the finest food man ever tasted. And we also asked a lot of questions.

After a hectic week of meetings and dinner table discussions, we wound-down a little on Friday with a winding horseback ride out to the Great Wall. As far as walls go, they don’t come any more impressive than the Chinese monument. It’s simply spectacular.

Since we were out there…and since the China economic story is, in many ways, a global one…and since we were there with a great group of investors…and since, well, since we hadn’t written anything for the weekender yet, we decided to take a little footage of the occasion. The following clip is a bit of an impromptu Q&A between yours truly and Mr. Mayer. The sound quality might not be all it could be, and we’re still a little out of breath after the hike up to the location, but hopefully you’ll enjoy our special video edition from the Great Wall of China…

Joel Bowman
for The Daily Reckoning

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Joel Bowman

Joel Bowman is managing editor of The Daily Reckoning. After completing his degree in media communications and journalism in his home country of Australia, Joel moved to Baltimore to join the Agora Financial team. His keen interest in travel and macroeconomics first took him to New York where he regularly reported from Wall Street, and he now writes from and lives all over the world.

The Daily Reckoning is your premier source for making sense of the news Washington and Wall Street generate. Each business day, The Daily Reckoning calls on its stable of world-class writers and thinkers to show you how to get ahead.

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3 Responses

  1. kenn said

    After a hectic week of meetings and dinner table discussions, we wound-down a little on Friday with a winding horseback ride out to the Great Wall. As far as walls go, they don’t come any more impressive than the Chinese monument. It’s simply spectacular.

    What a rough life!

    How about more footage of the surrounding area for those of us that don’t work so hard:)

    Relay that to Mr.s Bonner and Wiggin. They always seem to be on the move.

    on May 22, 2010.
  2. matt said

    sounds like Bangkok in 1996.

    on May 23, 2010.
  3. teresa said

    Beijing is not the picture of China

    look outside and find a lot of empty factories, empty new towns…
    no need for goods, no money to move into new apartments

    and all this boom is controlled by group of Communist planners; where in the world it worked?

    on May 24, 2010.

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