Mannequins in riot gear, armoured cars and drones line a police equipment and "anti-terrorism technology" trade fair in Beijing as vendors seek to profit from China's huge internal security budget. The country is estimated to have more than 180,000 protests each year and the ruling Communist Party spends vast sums on ensuring order -- more even than on its military, the largest in the world.
Still believe that China's PMI is above 50 and suggesting a global growth expansion? Still believe in Santa and the Tooth Fairy? Well, none other than China's own National Bureau of Statistics has been forced to admit that at least one of its major provinces has dramatically overstated industrial output. As Sina reports, according to a NBS report, the government in China's Yunnan province had coerced local companies to report inflated industrial output value, resulting in artificially high economic figures.
Brooklyn Brewery is building another plant about 4,000 miles away, all the way across the Atlantic. The 8,000 barrel brewery will be in Stockholm, Sweden, and it should be open by the end of 2013. The plant and restaurant will look over Stockholm's harbor. So, why Sweden?