10
Sep
07

Clouds on China’s horizon: could the greatest growth story ever told have an American sting in the tail?

At some stage, the imbalances between the US and China have to be reduced, and the key issue is what role this tension will play in the downturn, whenever that comes. In the past month, we have seen the sort of breakdown in the markets that just about everyone expected at some point, but it was still surprising when it happened. An accident was waiting to happen. Much the same could be said of the China-US relationship.

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