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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (48353)12/30/2005 12:22:29 AM
From: regli  Read Replies (1) of 110194
 
Since there have been a few developments since Roach wrote this, I think this little excerpt might help:

China's Even Heftier Economy

news.yahoo.com
...
Among the important findings: China's economy has gotten not only bigger but also healthier. For starters, concerns that the mainland economy relies too much on heavy investment spending should abate. The new numbers will likely show that China's investment as a portion of GDP could be as low as 37%, rather than the 46% assumed previously. That puts China's figure in line with the likes of South Korea, Japan, and Hong Kong at comparable stages of development.
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