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Boom today, bust tomorrow
HOME > PAST ISSUE > PERSPECTIVE [Premium content] > DispatchesFebruary 2007
China's stellar growth hides a multitude of sins. Things are in fact not so great after all - socially, environmentally or economically
China is gradually awakening to the fact that headline numbers for growth of Gross Domestic Product do not necessarily result in sustained income gains or social welfare. As President Hu Jintao emphasized in December, growth must focus more on quality than quantity.
Annual growth of around 10% is much admired all over the world, particularly in developing countries of west and south Asia, Africa and Latin America, which are struggling to grow half as fast.
But whilst ...
Annual growth of around 10% is much admired all over the world, particularly in developing countries of west and south Asia, Africa and Latin America, which are struggling to grow half as fast.
But whilst ...
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