Chinese Economy to Overtake US by 2035
Jul 9th, 2008 | By Contrarian Profits | Category: Emerging Markets, Featured, Financial NewsAccording to a recent report Chinese economic growth is being driven by domestic demand rather than exports. From Breitbart:
The report by economist Albert Keidel of the Carnegie Endowment for International Peace said China’s rapid growth is driven by domestic demand more than exports, and will sustain high single-digit growth rates well into the 21st century.
“China’s economic performance clearly is no flash in the pan,” Keidel writes.