Chinese inflation falls to 1.8% – FT.com

 

GDP distribution in mainland China in 2007. Sm...

GDP distribution in mainland China in 2007. Small dots indicate RMB10bln, medium dots indicate RMB100bln, large dots indicate RMB500bln. All values annual. (Photo credit: Wikipedia)

The FT reports on some good economic news from China. Check it out!

Chinese inflation falls to 1.8% – FT.com.

With Europe in recession because of the Euro crisis and the US still struggling because of absence of stimulus from the Fed ahead of the US Presidential election, all eyes are focused on China. Fortunately for the World, China has two advantages:

  1. A number of policy options to stimulate the Chinese economy, and
  2. A government strong enough and focused enough to take decisive action

 

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