Stuck in a Trap? Escape-Artist Korea Has Pointers
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April 21 (Bloomberg) -- Five years after the worst economiccrisis since the Great Depression, developing nations confront anasty pair of threats: an excruciatingly slow global recovery,and the tsunami of easy money that rich-world central bankershave unleashed as they try to revive their own economies.
The problems are interrelated and no one should fear themmore -- or be more open to suggested remedies -- than XiJinping. China’s new president knows he needs better than 8percent growth to maintain social stability in the world’s mostpopulous nation.