Wednesday, July 24, 2013

GEORGE FRIEDMAN on the end of the Chinese economic miracle. "China will continue to be a major power, and it will continue to matter a great deal economically. Being troubled is not the same as ceasing to exist. China will always exist. It will, however, no longer be the low-wage, high-growth center of the world. Like Japan before it, it will play a different role."

Read it in full.