It's Time for the World to Adjust to China's Global Ambition Liam Halligan - The Telegraph (Britain)
http://www.telegraph.co.uk/finance/economics/11500759/Its-time-for-the-world-to-adjust-to-Chinas-global-ambition.html <http://r20.rs6.net/tn.jsp?f=001-ixyqbH5QdggtawaFutnvdD8fqhGhrl0BAqUq4cKsPjsXLHp9kkci684ES3qhghfmiKTVz0G5epHMvSxPh5D_jO1VYjjLEPzk585uttwujjFNmwNP97Cr0zvidw8Yh6K-G5gTmF01qE0qkFdtQ4KRR0aCXakVr7weXuYkjwLaqT4NKF76yDartImjlOo3U69DggA8Qn9PlAGKfL5NFMP7UwYZTofmhfzyix9M10Oxo8Ir7N5GOpto6uT0z90Y8bw2Zdk2CJVRQCXZQGBaeHI95BI5UwVqEU7_GONJMmv52nF8E2kLmScDg==&c=u_6E4riqHYe4nXRAbk8jYydSlswvjnTApM6ti4-VIG0hiKkpJuYr8g==&ch=CGQHIVdquzDffQMaUP6r25jpMKEk1EzoivVeRC2UHwkiCu8Zts0qxg==> ... Since adopting market-based reforms in the late-1970s, China has grown on average by 9.8 percent a year, compared with 2.5 percent in America ... It's fashionable to talk down China. Certainly, its Communist leaders are grappling with a sagging property market, unsteady exports and cooling domestic investment. China expanded by 7.4 percent in 2014, the slowest rate for 24 years. Growth this year could fall below 7 percent, amidst rising labour costs. .. That Beijing should seek to exercise power across Asia, and beyond, is hardly surprising. China isn't only the world's growth engine but also bankroller-in-chief to the US government. The Chinese central bank holds an estimated $1,270 billion of US Treasuries ... -- You received this message because you are subscribed to the Google Groups "SERBIAN NEWS NETWORK" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/senet. For more options, visit https://groups.google.com/d/optout.
