Premier Wen Jiabao: "The biggest problem with China's economy is that the growth is unstable, unbalanced, uncoordinated and unsustainable."
"For a country addicted to export-led growth, making the transition to a sustainable economy won't be easy. People who assume that an ever-expanding China will inexorably replace America as the world economic superpower should take a close look at the numbers." |
Friday, March 12, 2010
Bubble Trouble May Lie Ahead For China Bulls
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2 comments:
The Chinese need to postpone their crisis as long as possible so they can keep buying US debt so we can postpone our crisis as long as possible.
That pretty does sum things up doesn't it?
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