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Wen Cuts 2012 Target for Growth
Keywords:
China's premier, Wen Jiabao, opened the National People's Congress, annual meeting of the Chinese parliament, by saying that China had lowered its growth rate to 7.5% from 8%. GDP growth for 2011 was 9.2%. Wen set an inflation target of 4%. The CPI index increased by 5.4% in 2011. Wen set 14% growth target for M2, China's broadest measure of money supply.
China imbalances in runaway growth-corruption, pollution, overbuilding, misallocation
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China's future and the experience of Japan and Mexico
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The views of Derek Scissors and other experts on China's economic prospects after 2010.
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The likelihood that the economy will stall without change. The declining effect of large stimulus and fixed investment in producing growth. The interests of state-owned companies in continuing with the current system.
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The IMF and the year to year growth of a country's outstanding Credit to GDP Ratio as a Warning Light Indicator for Country Economies
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