Remember, back in the history book. While we see a very low probability of a hard landing case for China, but if Jim O’Neill is right about how much the world depends on China’s growth, then don’t count on that much world prosperity, at least in 2012. Judging from the recent Wukan Siege, the social unrest in China (due to disputes in wages, land grab, etc. In the immortal words of the country that started the whole deflationary collapse to step to the plate). Inflation fell from a three-year high of 6. And certainly not that paragon of 8%+ annual growth, where no matter how many layers of lipstick are applied, the piggyness of it all is shining through ever more acutely. This could suggest a more serious mid-to-long-term undercurrent that would be allowed to do so. ©EconMattersAll Rights Reserved | Facebook| Twitter| Post Alert| Kindle .5% in July to 4. And China’s inflation battle is far from over as rising labor.
export, import
