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Very little law news going on these days, but there sure are a lot of panicked financial types. With the markets keeping us busy and forecasters flapping their lips incessantly, you’d think the media would be able to come up with good, balanced pieces on where things might be headed.

I guess not, though. The following from Reuters is quite a lazy job:

China’s central bank on Sunday poured cold water on the idea that the country’s economy can decouple from the United States.

China’s exports will be badly hit if U.S. consumption weakens, Zhang Tao, deputy head of the international department of the People’s Bank of China, told a financial forum.

The reporting, a boring string of quotes, is accurate, but that’s the best I can say. No mention that lots of economists think that a slowdown in China’s GDP from a decrease in US demand would actually be a good thing.

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