Monday, October 01, 2007

CHINA: OFF FOR RESILENCE?

The Economist has a thorough perspective on the future of China's high-growing economy with an in-depth outlook on the present state of economy.

"China's economic success has been based on the essential ingredients of growth: high savings, openness to trade, good education and strong productivity growth. This means its long-term prospects remain strong, although its trend growth rate will inevitably slow as its economy matures and its labour force starts to shrink."

Source: The Economist, How fit is the panda? Sep 27th 2007 (link)

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