USA AND CHINA: ECONOMIC POLICY
Taking China's risks seriously
- Published: 26/01/2011 at 03:44 AM
- Newspaper section: News
A stopped clock may still be correct twice a day but it is of no use for telling the time. This is worth bearing in mind when looking at the Chinese economy this year.
First order of business: US President Barack Obama, China’s President Hu Jintao (centre) and First Lady Michelle Obama are photographed before the state dinner at the White House in Washington DC, on Jan 19, 2011.
For much of the last decade there have been some who've predicted imminent doom and gloom for China. Like a stopped clock, they have said the same thing for some time.
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About the author
- Writer: Gerard Lyons
- Position: Head of global research and chief economist at Sta
