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Politics : Welcome to Slider's Dugout
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To: roguedolphin who wrote (24503)9/14/2011 10:50:59 AM
From: Fiscally Conservative  Read Replies (2) of 50288
 
In all fairness, China's rate of growth far exceeds that in the West and Europe, hence they can well afford to overbuild yet still.
'Build it, they will come', comes to mind here.

Granted a global slowdown will mandate a credit crisis in china too although history could proove it was ultimately a ripple in their pond of success.
The larger concerns is how the West deals with their credit crisis which can further derail china's growth and expansion policies.
History has taught us all that Wars have been waged on these global concerns.
The battle lines in the sand are already coming into view, imo.
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