CHINA STILL THE MOVER AND SHAKER IN 2016
LEAD ROLE IN GLOBAL ECONOMIC GOVERNANCE
2015-12-29 12:26
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It would be a fallacy to write off China, Asia’s mighty economy, as no longer the prime mover of global growth nor its potential to shake the world economy out of its wits, and send it on a downspin. This must inform our policy-makers who gloat about India having upstaged China as the “fastest” growing economy. A percentage of one or two points above China’s growth may make us seem the fastest growing but have we the power to maintain and translate higher rates of growth into meaningful gains for the common man?