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AIIQ - Recession Outlook: If China Sneezes Could The Rest Of The World Catch A Cold?
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China is in the process of attempting to restructure its economy from a capital-intensive, investment-led model to a more Western-style, consumption-driven model, without the onset of a recession or crisis. This transition is made all the more difficult by the fact that the Chinese government has an implicit goal in place to try and double GDP (gross domestic product) per capita between 2010 and 2020, and has a lot of control over the economy (meaning the hurdle for intervening is quite low).
It's worth remembering that China has been through many periods of volatility in