Charting China's Economy

Charting China's Economy

There are 3 comments on the Wall Street Journal story from Jan 18, 2013, titled Charting China's Economy. In it, Wall Street Journal reports that:

China's economy has bounced back. A return to accelerating growth in the fourth quarter breaks seven straight quarters of declining growth and draws a line under concerns that the world's second largest economy is heading for a hard landing.

Join the discussion below, or Read more at Wall Street Journal.

Pamela

Accra, Ghana

#1 Jan 18, 2013
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Toronto, Canada

#2 Jan 19, 2013
Raj Chanani at Earth

Torrance, CA

#3 Feb 27, 2013
I thought that China was smart. It seems, that they are not that smart after all. Last I checked, China's money supply was nearly 98 Trillion Yuan, growing at a rate of 18% per year. If they were really smart, they would lower the interest rates in the country and reduce the money supply growth rate. That way there would not be so much inflation. Just for comparision purposes, here is list of countries and their money supply and growth rates.

Russia 27 Trillion, 30% Year on Year growth
China 98 Trillion, 18% Year on Year growth
India 80 Trillion, 17% Year on Year growth
Pakistan 8 Trillion, 15% Year on Year growth
America 11 Trillion, 8% Year on Year growth
EuroArea 10 Trillion, 7% Year on Year growth

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