- May 20, 2009
you are clueless about the reality.No way you can cool down now mate. This will lead to the rise of India which is waiting to take your position. The Chinese economy is like the "hare" in the race between the Hare and the Tortoise. The hare cant afford to sleep and wake up at the time it wants to.
during the second quarter,china's economy grow about 8% and is expected to grow 9% easily this year,due to the heavy stimulus.
such a growth may cause inflation and overheat of economy and it worrys lot of people including me.
I do think the prime task of Chinese government should be wary of overheat of economy ,instead of depress, now.
India is another case.
India now still should struggle to avoid depress.