A Bull in a China Shop
Kate Shanahan SRG China, China andTrevor Sharot Nielsen SRG, SingaporeINTRODUCTION
The economy in China is growing at an unprecedented rate. It is forecast that its GDP will overtake the USA by the year 2030. The industrial, retail and financial sectors are booming. Reliable figures for growth rates do not exist, but overall real annual growth is probably around 10%. Inflation varies widely across the country, but in the larger cities may have hit 25% in 1994.
Correspondingly, agricultural output is under threat by mass migration to the...