Quote:
Originally Posted by Marv101
With rampant inflation and skyrocketing gasoline prices that are hitting their citizens substantially harderthan they're hitting the typical US citizen, that's not likely to happen.
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Yes.Inflation is terrible in China.Housing in Beijing, Shanghai...is totally unaffordable for so many Chinese citizens.
And overinvestment too, think about Ghost Towns...The Chinese impressive growth will come to an end this decade, slowly but surely.And it's normal, all economies reach this point at a moment, it's already happening in Russia :
Russian annual growth 2000-2005 : 7%
Russian annual growth expected for 2010-2015 : 4%