The opinionators in this piece are confusing growth with acceleration.
China is growing at a staggering rate. GDP will grow more than $1 trillion PPP this year, more than all but six years in China's history.
Indeed, it will like grow by $1.5-$2 trillion, which would be the fastest growth by any country anywhere ever.
(Don't be fooled by percentages: if you asked how fast my 15 yo son grew last year and I replied, "5.5%," you'd think I was hiding something. Our media use percentages to hide something. What else is new?
A very Keynesian solution.
Are the bonds to be yuan or Us dollar. If the latter the bonds will need to have a very worthwhile coupon.
The opinionators in this piece are confusing growth with acceleration.
China is growing at a staggering rate. GDP will grow more than $1 trillion PPP this year, more than all but six years in China's history.
Indeed, it will like grow by $1.5-$2 trillion, which would be the fastest growth by any country anywhere ever.
(Don't be fooled by percentages: if you asked how fast my 15 yo son grew last year and I replied, "5.5%," you'd think I was hiding something. Our media use percentages to hide something. What else is new?