China's Economic Trouble May Just Be Beginning [View article]
As to GDP growth in China, it is really easy to get double digits if you look back the the growth equation and have the ideas about the second generation of baby boomers in China. But the growth could not be such imbalanced one. The allocation of wealth is not fair, even it supports the higher saving ratio. So the risk is not purely about economy but the mixture of sudden economic and politic disasters.
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As to GDP growth in China, it is really easy to get double digits if you look back the the growth equation and have the ideas about the second generation of baby boomers in China. But the growth could not be such imbalanced one. The allocation of wealth is not fair, even it supports the higher saving ratio. So the risk is not purely about economy but the mixture of sudden economic and politic disasters.
Apr 22 16:15 pm
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