China Cannot and Will Not Power a Global Economic Recovery

by Benjamin Domenech on 11:07 am July 4, 2009

Why can’t China help? “If the U.S. economy is still weak in July 2010, Asia will have a hard time supporting growth from within. At the moment, stimulus efforts are starting from a low base. Over time, government spending and low interest rates may get less traction. The Asian market won’t close the gap.”

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