How to re-equilibrate China’s growth
The reduction of household savings. An increase in the supply of servic- es, particularly health services. Currency appreciation. But if no decisive steps are taken in regard to these factors, the Chinese economy will continue to grow in an unbalanced manner. And the problem will then no longer concern the economy of the Asian giant alone; it will also have repercussions on the entire global economy.
- Friday, 28 June 2013