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by TheSkeptic 5447 days ago
I think you missed the poster's obvious sarcasm.

As for "China's economy has plenty of growth left in it": the issue is not the amount of growth, but the source and quality of the growth.

1 comments

Sure, 'twas obvious sarcasm, my bad. But there are good reasons for China's economy to grow sustainably for some time yet (emerging middle class, manufacturing going more high-tech, etc). They have major structural problems too, but it's not all doom-and-gloom like Japan is/was.
Of course there are good reasons for it to grow. Hopefully, the unwise choices driving the property bubble won't squelch it.

But the bubble will pop.