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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (964)10/8/2003 7:45:38 PM
From: RealMuLan  Read Replies (2) | Respond to of 6370
 
We need more articles like this<g> - 'China's surreal economy can't grow indefinitely'

October 08, 2003 14:37 IST
Last Updated: October 08, 2003 14:37 IST

Demystifying the Chinese economy, a noted economist has said the Asian giant is living on 'borrowed growth' and this "surreal economy cannot continue indefinitely."

"China is a paradox. It is the fastest growing economy in the world - average annual rate of growth 8.6 per cent - but, by some measures, it is also among the most inefficient," says Weijian Shan, a partner at Newbridge Capital, a private equity firm, in an article in The Wall Street Journal.
rediff.com