Even China? Could the world’s economic juggernaut, having grown an average of 10 per cent annually for three decades, face a slowdown or what for China would be a recession?
Does it have a real estate ‘bubble’ about to ‘pop’? What would be the global consequences? Treasury Secretary Timothy Geithner visits China and Japan this week. These questions form a backdrop. With Europe’s slump and America’s sluggish economy, a sizable Chinese slowdown would be bad news.