SocraticGadfly: China recovery will not help world

January 27, 2009

China recovery will not help world

First and foremost, it appears that any Chinese economic recovery will primarily benefit the internal economy and only have a secondary effect for the outside world.

Second, who says that China needs to make "consumption" a principle engine of economic growth? Note to Business Week - do you know what a "bubble" is? What one looks like?

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