2011 China Outlook: The Red Dragon Takes Its Next Step Forward
January 05, 2011 at 05:00 AM EST
If the United States has a growth problem, China has just the opposite. The world's second-largest economy is set to grow 9-10% this year, building on its strong rebound from the global financial crisis. Furthermore, Beijing is determined to accelerate China's transition toward a more domestically based economy, while stabilizing prices and cutting government waste. So in addition to strong growth numbers, investors can expect more disciplined and responsible economic development.