From Inter Press Service, via Asia Times:
China’s economists are grappling with the significance of the country’s economic size after gross domestic product (GDP) was officially restated as being much larger than previously thought. They are warning that, while the country’s bigger and more mature status is winning accolades from investment banks, the new picture also brings with it greater responsibilities.
After revelations of China’s upgraded prosperity, the world is likely to take a sterner look at how the country manages a whole range of sensitive issues, including environmental degradation, inefficient energy use and protection of intellectual property.
