Paul Krugman, like Michael Pettis, believes China's heading into uncharted territory with its...

|By:, SA News Editor

Paul Krugman, like Michael Pettis, believes China's heading into uncharted territory with its unwillingness to acknowledge the damage its mercantilist policy is doing to the global economy. Krugman predicts 2010 will be the year of China - and not in a good way.