2014-08-10telegraph.co.uk

``the underlying pattern is that China is draining global demand. To the extent that its record surplus of $47.3bn is genuine, it is essentially negative for the world trading system. The country is not rebalancing. The reforms have not yet gone much beyond talk. It is still over-investing, and still exporting deflation worldwide.''



Comments: Be the first to add a comment

add a comment | go to forum thread