China's Economic Engine Slows Down

Tuesday, January 17, 2012

National Museum of China, soldier The National Museum of China, grandly situated on Tiananmen Square, reopens on April 1, 2011, after three years of expansion and renovation. (Jocelyn Ford)

China's economy, the world's second-largest, grew at its slowest pace in more than two years, latest government figures show. Gross domestic product expanded by 8.9 percent in the three months to the end of December, from a year earlier. That is down from 9.1 percent in the previous quarter. The statistics bureau data showed that growth for the full year was 9.2 percent, down from 10.3 percent in 2010. Analysts said they expect the economy to slow further this year.

Comments [1]

Ed from Larchmont

Since the institution of the one child policy in 1979 about 450 million human beings have been killed in abortion, according to their own statements. This is killing on a scale the world has never seen before. (U.S. - 55 million.)
It's not urbanization just to move to the cities: according to Stephen Mosher (World Population Bureau, social scientist in China since 1979), the absence of young people in the cities on the coast have led the people to move from the inland rural areas to the cities, as you reported. In the interior cities 'there are older people, grandmothers and grandfathers, and children under 15'.
But China is, unbelievable, now out of people: there are no more young people to move from the countryside to the coastland cities. There will be a labor shortage, unbelievably, later this year in China.

See Stephen Mosher on the internet, see 'World Over Live', ETWN, 1/16.

Jan. 17 2012 07:16 AM

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