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Ebbing food price inflation serves economic growth
date:Oct 18, 2012
ting the United States subprime crisis, said the Chinese economy may face near-term challenges such as the debt problems of the local governments and the growth of consumption not fast enough to compensate the loss from declining net exports in the short run. These might lead to a hard landing in late 2013 or 2014, he said.

Richard Koo, chief economist at Nomura, said China has a bright future but needs to upgrade its industries as the oversupply of cheap labor gradually comes to an end and the

12/23 07:42