As always, Alan Abelson writes an excellent column on financial news and world affairs. This article has an exceptionally good section on the future of China:
Abelson, Alan, 2010. The bad-news bulls. Barron's, Sept, 25.
Abelson reports on the some writing by Ian Johnson, formerly of the WSJ and winner of the Pulitzer Prise. The original piece by Johnson appeared in the New York Review of Books.
I very much like reading Johnson's work. By the description in Barron's, his views are very close to my own view regarding the future of China and the prospects for a continued boom.
If the Chinese economy does slow down, something that I think is inevitable, then commodity prices will fall causing a great impact on the world economy.
I have never known of an economy that grows forever. Eventually a slowdown will happen. When it does, it will be interesting to observe the reaction of China's political leaders.
For a related post, see the following:
There is so much that Americans need to understand about Asia.
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