Friday, April 16, 2010

392) China growth: cannot last forever...

Two pieces of knowledge about economic growth and global interdependence of China, by Stephen Roach, in the Globalist:

Can the “China Miracle” Last? (Part I)
As impressive as the past 30 years have been, there are no guarantees that the Chinese formula for economic development will work as well in the years ahead. Stephen Roach, chairman of Morgan Stanley Asia, outlines the reasons why China's booming economic growth may not last forever.

China’s Global Role (Part II)
In an era of globalization, all nations have responsibility for stewardship of the global economy. That’s true of developed and developing economies alike. As one of the greatest beneficiaries of the globalization of trade flows, China is hardly an exception to that core principle, argues Morgan Stanley Asia's Stephen Roach.

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