The whole world is dependent on China. It is not just an economy that is manufacturing goods and exporting them, but is also the world’s biggest country, with huge demand for consumer goods and commodities.
With a growth rate of 8%, there is a danger it could overheat. But the country’s policy decision-makers have been very strong in their management of the economy and have a proven track record. I believe they have pulled back on property and stopped overheating in certain regions, and have brought the risk under control.
