- because it shows the US economy is improving
- tapering would cause some short-term liquidity problems in fragile economies
Fin min Lou Jiwei talking to China’s state news agency Xinhua a short while ago
- it is unrealistic for the world to expect China to sustain previous growth checks
He said many officials at the G20 meeting were holding out hope that China could remain the future growth engine of the world economy
But I made it clear to everyone that growth rates like those in 2009 and 2010, when China contributed 50% of world economic growth, that is not sustainable
Seems like all roads lead to/from China still eh?
