Tuesday, January 19, 2010

China's growth rate

This article talks about how China may be growing at too fast of a rate to sustain. It is consistent with Romer's podcast because it supports the notion that China is growing so quickly due to it's ability to copy technology that already exists. While the Chinese government is concerned with strengthening domestic demand, the article goes on to discuss why withdrawing their current stimulus measures may not be such a bad thing.

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