Why is it an alarm bell if China is still growing at basically the fastest rate in the world? Is China's inflation super high that it needs a faster growth rate than other countries for some reason? China's population growth is quite low, so I don't see why it would need a faster rate of growth.
I'm always confused why people make such a big deal of China growing at ONLY 5% a year. If the US grew at 5% this year, we'd be dancing in the streets!
Edit: Thanks for the comments, you guys are amazing!
I'm always confused why people make such a big deal of China growing at ONLY 5% a year. If the US grew at 5% this year, we'd be dancing in the streets!
Edit: Thanks for the comments, you guys are amazing!