More than 15% fiscal deficit according to Chinas internal data is just the tip of the iceberg. GDP figures are propoganda; 10 year old buildings are demolished and in its place similar buildings are built. Do you really think this is the growth?
Read the news in Reuters about chinas-state-budget-deficit-is-tip-of-iceberg.
Re: Just look at the latest news from China
by Ravi on Nov 14, 2010 06:56 PM
Then why China is seeking investment and preach propaganda to prop up the fallen image.
Re: Re: Just look at the latest news from China
by XianYe on Nov 15, 2010 10:51 AM
Because China wants the best for her people. China is still on the starting block and has got a long long way to go. China won't slow down till its economy is at least twice as large as the US'.
