Friday, August 1, 2008

Obstacles to China's growth

Today, Chinese president Hu Jintao emphasized growth as a higher priority than inflation. Seeking Alpha noted this in their PBoC relaxes lending caps article, which also noted potential shifts in RMB policymaking apparatus.

Those articles led me to an excellent blog post from March 2008, summarizing challenges to China's growth: ROI, energy efficiency, pollution, desertification, demographics, high sustained outside investment levels and slumping business competitiveness.

And while ringing alarm bells regarding copper, this article paints a useful picture about the slowing state of Chinese exports, and commodities in general.

Finally, the current issue of Foreign Affairs examines the US-China partnership and speculates about future policy improvements, suggesting in particular a "G-2".

No comments: