A Take on the Recession's Impact in China

There is a new article out by Einar Tangen this week. I've quoted Mr. Tangen several times in the blog. He is a former Milwaukee resident now living in Beijing. In this week's article he describes how the recession is hitting smaller firms in China harder than large firms. He claims this is the opposite of the situation in the US.

I will accept Mr. Tangen's argument about the recession's impact in China. However, I don't know why he feels smaller firms in the US are doing better than larger firms. He explains why he thinks this is the case, but offers no evidence. I don't see much distinction in impact between large and small companies here in the US.

Either way, the article is interesting as all of Mr. Tangen's are. Here's the link:

http://www.biztimes.com/news/2009/4/17/recession-has-different-impact-in-china