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• mohit - Oct 10 2007 | economist, japan, economy, china

  Quoted: China's booming economy is helping to support global growth as America turns sickly. So now it has to keep up the pace
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  Tao Wang, Bank of America's economist in Beijing, says she is optimistic about China's economy in the short term and the long term, but thinks the medium term looks risky. There is a high chance of a sharp slowdown sometime within the next ten years. The problem with years of rapid growth is that it hides problems that are then painfully exposed when times are hard. But for the time being, the chances are that China can keep sprinting even if America takes to its sick bed.