China -- economic juggernaut, running scared


in this story

places
China
topics
Communism, Poverty, Communist, Economist

China : The country's Communist leadership — it's still a Communist country, remember? — has staked its legitimacy on an implicit bargain: Let us rule, and we'll create good jobs, increase workers' incomes and reduce rural Poverty.

But in a nation of 1.3 Billion, with wild extremes of Poverty and wealth, that's harder than it sounds.

To keep expansion on an even keel, Economist Fan Gang says, China's economy needs to keep growing by at least 8% a year for the foreseeable future. And to...

Post your comment


If you are commenting as a guest, enter your personal information in the form provided. Don't worry, your privacy is safe.