China’s Economic Boom
As first quarter numbers indicate, last year’s economic boom in China continues unabated. Analysts are now debating how China will handle such factors as inflation, trade imbalances and foreign currency reserves.
They are also speculating what moves may be next to slow down the Chinese economy and prevent a hard landing. These moves reflect the importance of China’s integration within the world economy.
China’s economic resurgence has widely been credited with helping the economies of Southeast Asian countries such as Japan, Vietnam, India and South Korea, rebound from prolonged doldrums. As seen by the recent drop in the Chinese stock markets and the sudden rebound that indicated confidence by international funds managers, China is slowly being confronted in a number of areas that will impact perceptions for years to come.