China needs many things but not a new growth engine--FT中文网 - FTChinese.com - The Diigo Meta page

• 28 Feb 07
  

  pianoer

  china economy financial growth investment reform saving technology

  • Arguing that China should increase domestic consumption is tantamount to arguing that it should save less, hence invest less and – other things being equal – grow more slowly.
  • “if it ain't broke, don't fix it”
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  • 1 more annotations...
  • • “if it ain't broke, don't fix it”

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