Tag: Economic bubble

andy xie anti-inflation asia economy banks billionaires China's rise China economy consumer price debt crisis economic downturn economic growth economic slowdown financial crisis 2008-2009 GDP growth inflation international monetary fund Japan Jim Chanos Jim Rogers local power overheating paul krugman peoples bank of china Premier Wen Jiabao real estate bubble stock market Yellow Peril

Krugman: Will China Break?

At The New York Times, Paul Krugman points to China as an emerging “danger spot” in the world economy, and warns that even if Beijing is able to plot a course through looming trouble, it may lack the control necessary to stick to it.Some commentators say not to worry, that China has strong, smart leaders who will do whatever is necessary to cope with a downturn. Implied though not often