“The next power rising is clearly China, and [...] this is a positive thing”

Throughout these economically difficult times, China has more than ever been stabilizing the world economy.

In the medium term, Asia will be the growth engine of the world while it might take some time for Europe and the U.S. to regain their old strength.

This Washington Times article gives a good overview of the current global situation and the effects of the Chinese stimulus package.

China’s stimulus powers up economies

http://washingtontimes.com/news/2009/sep/08/chinas-stimulus-powers-up-economies/

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