© jiazi
BusinessWeek ran a couple of articles this week (here and here) on China's economic growth and the expansion of the China economy into "sophisticated industries." Can the growth rate of 8% continue? There are skeptics.
China has moved into auto and airplane manufacturing, solar power, and silicon chips (to name of few of the so called sophisticated industries). But much of the 8% growth rate is driven by infrastructure projects designed to stimulate the economy. Many analysts doubt that China can maintain the growth rate ...
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