Tuesday, September 24, 2013
Unrealistic Expansion Is Very Dangerous to China's Economy
ANBOUND
The phenomenon of unrealistic expansion in China's economy is worth of attention. ANBOUND’s senior researcher He Jun thinks that, China being the world’s factory should not have excessive expansion of the virtual economy. If China moves away from the manufacturing industry and lacks innovation in the other industries, then China’s economy will be entering an extremely dangerous stage of asset bubbles.