China’s economy will not grow at double-digit rates forever, but the Asian giant is not collapsing. For three decades now, many of the world’s most insightful observers have predicted the imminent demise of China’s system. But these same three decades have also seen China confound expectations. China’s economy turned in...
China’s growth rate of 7% today means something even more positive than its 12% growth rate in 2005. What does China’s growth slowdown mean to you? I ask here not about the New World Order, global power shifts or whether the United States retains its position as a global hegemon. Nor...
China might continue growing faster than 6% per annum, but it’s not a bad thing either if the country fails to keep that pace. Across all recorded history, 99%Â of humanity has never invented a single thing. Yet, it is a truth universally acknowledged that long-run sustained progress in economic well-being...
