Saturday, 17 March 2012

Might China's economy stumble?



China, along with other emerging countries, is the great hope for global economic growth. 
The developed economies, bruised and aching, are pulling themselves slowly back to their feet after the Great Recession.
As Western consumers and governments struggle to get on top of their debts, they are not going to be the source of booming demand for goods and services they were in the last decade.
China by contrast slowed down a bit in the recession and then rapidly got back to something like full speed.