China�s economic miracle isn�t over yet

one year ago 37

While pundits not long ago were debating China�s rise, the emerging consensus is now heralding an end to the �China miracle.�� China�s old model of credit-fuelled, investment-driven growth has been severely undercut by the real estate crisis, as well...

While pundits not long ago were debating China�s rise, the emerging consensus is now heralding an end to the �China miracle.�� China�s old model of credit-fuelled, investment-driven growth has been severely undercut by the real estate crisis, as well as weak consumption and export demand. But recent data suggests that recovery has regained momentum. China�s [�]

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