Saturday, February 06, 2010

2010...

china redistributing development focal. broader economic benefit, from coastal to inland. cool-off escalation. continue strong aggregate GDP growth. clear blue-print. private investors follow suit rhythmatically.

america balance trade. not just a spending nation. highly productive (quality) manufacturing main driver. welcome china companies to pump in investment. create jobs.

international banks should share clearer info on currency flow. allow developed & developing countries to manage currency together.

2010 sees uphill task, however, already identify obstacles. it needs concentrated political wills in sailing world economy through turbulence.

optimum outcome is more balanced economy growth between US & china.
risk is both countries go into economy turmoil - China property buble burst; US economy could not pick up with no external demand

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