China: A Sustainable Boom Or Bubble About To Burst?
There is no question that China’s economy is booming, with growth spiking to 11.9% in the first quarter. The world’s largest country (by population) appears to have swept off the global recession with aplomb and many an analyst are counting on Chinese demand to drive a new global growth cycle. But is this growth sustainable or is the country at risk of over-heating and due for a major correction? On this week’s Business Monitor podcast, we conclude our special three-part series on the post-recession outlook for the world’s big economies with Senior Asia Analyst Stuart Allsopp and Head of Country Risk & Financial Markets Justin Patrie discussing the outlook for China.
