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Chinese investment has to be reduced and a greater share of growth created by consumption – even if that means an eventual slide to annual 5pc gain in GDP


When I was at school , I chose Spanish as my language option.
Spanish, I was told, was spoken by more countries in the world than any other, was soon to overtake English as the primary language in the United States, and reflected the broader excitement around Latin America’s then soaring economic growth.
After some five years of study – during which I mastered the phrase “¿Dónde está la gasolinera?”, allowing me at least to fill the car with petrol…

Source : South China Morning Post
Read more…Chinese investment has to be reduced and a greater share of growth created by consumption – even if that means an eventual slide to annual 5pc gain in GDP

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