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I think you missed the poster's obvious sarcasm. As for "China's economy has plenty of growth left in it": the issue is not the amount of growth, but the sourc
by TheSkeptic 15y ago
I think you missed the poster's obvious sarcasm.
As for "China's economy has plenty of growth left in it": the issue is not the amount of growth, but the source and quality of the growth.
- azza-bazoo 15y agoSure, 'twas obvious sarcasm, my bad. But there are good reasons for China's economy to grow sustainably for some time yet (emerging middle class, manufacturing going more high-tech, etc). They have major structural problems too, but it's not all doom-and-gloom like Japan is/was.
- stretchwithme 15y agoOf course there are good reasons for it to grow. Hopefully, the unwise choices driving the property bubble won't squelch it. But the bubble will pop.