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Monday, 21 May 2012
 

Three Hurdles for China in the Year of the Tiger

News Articles | MRN | Wednesday, 29 December 2010

For China, 2009 was a momentous year. The People’s Republic turned 60, and Beijing staved off economic disaster with a staggering 4 trillion renminbi ($585 billion) stimulus package. The stage is set for an eventful 2010. China’s economy is poised to become the world’s second largest. But all may not go well.There are three broad concerns for the coming Year of the Tiger on the lunar calendar: inflation, protectionism and inequality.One type of inflation has already arrived. As a result of some $1.5 trillion of government-mandated bank lending in 2009, combined with speculative capital flowing from abroad, the prices of...

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