China’s Growth Could Be Cut In Half By 2014
- Sunday, July 3, 2011, 0:27
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Your weekend listening; Subscribe to the Economist’s recorded reading of the entire issue from last week, which gives you a clearer view of what’s in store for China. The inflation is still high, and the 10% annual growth rate of the last decade is going to wither to under 5% by 2014 or so, according to the Economist. The innovation necessary to boom a consumer economy is questionable. The state banks have probably been loaded with questionable loans.
http://blogs.forbes.com/robertlenzner/2011/07/02/chinas-growth-could-be-cut-in-half-by-2014/