A Financial Revolution 

April 10, 2006
China As Economic Powerhouse?
Over the past few years there has been a lot of newsprint and political spin about the rise of the Chinese economy. By anyone's accounting, China's GDP has been growing rapidly and the standard of living, as measured by financial values, has increased markedly for urban residents in Eastern China. However, there are some clouds on the horizon...

China's explosive growth has been fueled in large part by access to cheap resources - labor, energy, capital, and materials. Eventually, the cost of those resources will climb and China will no longer be the low-cost leader. In the next series of posts, I plan to explore several challenges that could affect the future growth of the Chinese economy.

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